Cemex on the outer as Hanson joins the Rinker mix
Cemex is under mounting pressure to sweeten its $16bn takeover bid for Rinker Group, amid speculation the Australian company is eyeing a potential tie-up with the UK constructio...
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Florida Rock 4Q profit rises
Florida Rock Industries Inc, said Wednesday its fiscal fourth-quarter profit grew 14 per cent as higher product prices and a lower tax rate helped offset a weaker residential co...
Vietnam cement maker raises $44 mln in IPO
Vietnam’s Ha Tien Cement Co. No. 1 has raised $44m from selling more than 22 million state shares to domestic investors, the Hanoi stock market said on Thursday.
Holcim projects 15% growth in 2007
Holcim Romania, the domestic subsidiary of Switzerland’s construction materials manufacturer, forecasts its turnover will reach EUR225m in 2007, Ziarul Financiar daily rep...
Brazil CP Cimentos Seeks financial equilibrium with CCRG sale
With the sale of local sector company Companhia de Cimento Ribeirao Grande (CCRG), which was finalised on November 27, 2006, Brazil’s cement company CP Cimentos, aims to r...
Assocham pitches for peak custom duty reduction
New Delhi, Nov 29 (PTI) Industry chamber Assocham today pitched for lowering peak custom duties rate to 10 per cent in the Union budget for 2007-08, from the existing 12.5 per c...
Heidelberg expands in India
German cement major, Heidelberg Cement, is strengthening its position in India. After buying a controlling stake in Mysore Cement in July, it has now acquired two grinding units...
Heracles Cement 9-month net profit down 39.1%
Greek cement producer Heracles, majority owned by Lafarge, said on Wednesday nine-month net profit after tax fell 39.1 per cent, due to a one-off gain last year.
Heracles Cement 9-month net profit down 39.1%
Greek cement producer Heracles, majority owned by Lafarge, said on Wednesday nine-month net profit after tax fell 39.1 per cent, due to a one-off gain last year.
Sugar Creek looks at mining, blasting
The debate over blasting and limestone mining continues in Sugar Creek.
Turkish demand to reach 42Mt this year
Domestic cement demand is expected to reach 42Mt this year
West China Cement to raise 22 mln stg ahead of AIM listing
West China Cement Ltd, a producer and distributor of cement, based in Shaanxi Province in the Peoples’ Republic of China, said it plans to raise 22 mln stg ahead of its ad...
Compact Power wins EUR1.64m gasification plant contract from Italcementi
Compact Power Holdings PLC said it has been awarded a EUR1.64m contract from cement company Italcementi SpA
Lafarge to invest EUR6.5m in Romanian plant
Lafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz,
Govt urged to encourage cement exports
Cement manufacturers in Pakistan have demanded the government to facilitate exports with a view to augmenting foreign exchange earnings.
Oyak not to bid for Lafarge-Yibitas cement factories.
Celal Caglar, head of Oyak cement group, said that Oyak would not bid for the cement companies to be sold by Lafarge-Yibitas.
House body asked to start probe on cement cartel, Philippines
Baguio Representative Mauricio Domogan has called on the House committee on trade and industry to immediately schedule the needed hearings
Votorantim acquires CCRG
Votorantim Cimentos has acquired from Koranyi Ribeiro family the 95,65% stake held by CP Cimentos in the cement company CCRG
Residents form group to oppose cement plant
A group of concerned residents has formed a society to oppose Holcim (New Zealand) Ltd’s proposed cement plant near Weston.
Rinker Rejects Cemex bid, Mexican firm may walk
Rinker Group Ltd Wednesday said the US$11.7 billion hostile bid from Cemex SA is "far too low", pressuring the world’s third largest cement maker to sharply improve its t...
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