Buzzi reports progress with Dyckerhoff takeover
Buzzi Unicem reports that, by Wednesday, its improved takeover bid for the German building materials group Dyckerhoff had g
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HeidelbergCement eyes GSCL
In a manner identical to a previous deal in which HeidelbergCement AG acquired Mysore Cement, the German major is close to acquiring the controlling stake in Gujarat Sidhee Ceme...
Cement may shift to rail from road
The Indian Railway system was likely to emerge as the optimum logistics option for the Indian cement industry, a report released recently indicated. As of now, road transport ha...
Asahi Danke to Go Private via MBO
Japanese cement maker Asahi Danke Co. said Tuesday its management team will take the company private through a tender offer. A special purpose company set up for the managemen...
Cementhai sets its sights on home-renovation market
Cementhai Building Products, the building materials flagship of the Siam Cement Group (SCG), is taking aim at the home renovation market by expanding its building product syst...
Holcim PR machine on the attack
Employees of Holcim France, the French arm of the Swiss cement supplier Holcim, demonstrated in Lille last week against plans by Nord
Slow growth in Thailand
The Thai cement industry expects growth of only 1 or 2 per cent next year following delays to the new mega-projects, along with signs of only slight growth in new residential pr...
Adana Cimento plans investments for 2007
Turkish cement producer Adana Cimento will allocate 46.455 mln Turkish lira (US$32.6m) for investments in 2007, the company said on December 26, 2006.
Booming economy drifting into dangerous waters
In Turkish Cyprus, per capita income has risen from USUS$5,000 to $11,000 in just two years thanks to a boom in the construction industry. Growth has averaged 12 percent but the...
Indonesia shares may rise appreciably in 2007
Analysts say the Jakarta Stock Exchange’s main index may climb as much as 15% next year as the rally in Indonesian shares continues, underpinned
Italcementi acquires Shaanxi Fuping Cement
Italcementi Group and Guangyu Group singed a cooperation memorandum on December 23rd in Hong Kong for the acquisiti
EPA could face legal challenges
The United States EPA’s recently released rule to control air toxics from cement plants includes a first-time notice of reconsideration that le
Pakistan’s Pioneer makes steady gains
Pioneer cement company of Khushab has made steady progress in operating and financial results. The installed capacity of the plant i
Mexican stocks up, driven by Cemex
Mexican stocks rose to a fresh all-time high in slow, early trade last Thursday as cement maker Cemex gained on recent signs of strength
Paraguay to ease cement import procedures
The Paraguayan government will ease administrative procedures for cement imports from neighboring countries in an effort to meet domestic demand, local
Cemex to pay US$1.5m pollution settlement
The Cemex-owned cement plant near Lyons must pay US$1.5m in penalties and beefed-up environmental monitoring as part of a
Jaypee Cement lines up expansion
After the Rs 459-crore acquisition of UP State Cement, Jaypee Cement is now looking at an aggressive expansion through the
Argentine Minetti to invest US$150m
Argentine cement-maker Minetti, located in Cordoba, central Argentina, will invest US$150m between 2006 and 2010, the
Luks licensed to expand cement plant
Provincial authorities granted Taiwan Luks Cement a license to invest an additional US$72.7 million to raise output capacity at their faci
Mugher Cement increases cement price
Ethiopia’s largest cement manufacturer, Mugher Cement Enterprise, has decided on Friday, December 22, 2006, to increase its wholesa
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