El Paso sues Cemex
US concrete maker El Paso sued Mexico’s cement companies Cemex and Grupo Cementos Chihuahua (GCC) last week, alleging that both firms sell their products at prices lower than co...
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DOE and Lafarge reach agreement
US Department of Environmental Quality Director Steven E. Chester today announced that the agency has reached an agreement with Lafarge Midwest over allowable mercury levels fro...
Estonia’s construction boom pushes prices
The construction boom prevailing in Estonia now has sent the sales of producers of building materials soaring and prompted companies to invest in expansion, with shortage of raw...
Heidelberg revises Mysore terms
HeidelbergCement subsidiary Cementrum I bv has decided to waive off the conditions for accepting minimum number of shares under the open offer made by it to the shareholders of ...
Pakistan exports more cement to Afghanistan
Cement exports to Afghanistan have reachedthe 190,000t mark in July, despite the withdrawal of an export rebate as a means of stabilising prices in the local market, official so...
Eurocement acquires Uzbek cement producer
The Russian-based Eurocement Group has reportedly purchased a majority stake in Ahangarancement OJSC, the second largest cement producer of Uzbekistan, Russian business daily Ve...
Lafarge banking on government plans
Lafarge Malayan Cement Bhd (LMC) is banking on fast implementation of the Ninth Malaysia Plan (9MP) projects, the Government’s approval to raise cement ceiling price and n...
Madras Cements to double captive power plant capacity
Madras Cements Ltd is doubling the capacity of its captive power plant at its Jayanthipuram factory in Andhra Pradesh.
190,000 tonnes cement exported to Afghanistan in July
Cement exports from Pakistan to Afghanistan touched 190,000t mark in July despite withdrawal of rebate for stabilising prices in the local market
Bamburi defends stake in Portland
Bamburi Cement Company managing director Michael Purchercos addresses the media outside the factory in Athi River during the launch of the firm’s road safety week yesterday.
Govt to offload shares in cement industry, Kenya
The government will soon offload more of its shareholding in the cement industry to the public through the Nairobi stock exchange, in a bid to certify the requirements of the Ca...
New factory for Namibia
Plans are at an advanced stage to establish Namibia’s very own cement factory, nine years after the closure of the first one at Otjiwarongo.
Cement makers unlikely to invest more if no price revision, Malaysia
Cement manufacturers are unlikely to pour in more investment to expand capacity unless there is a revision in the ceiling price of the building material, an industry player said.
Indian cement industry in turnaround mode
A number of Indian cement companies are in a turnaround mode, thanks to rising demand from the infrastructure and construction sector
TPIPL places new shares
TPI Polene Plc has successfully sold capital-raising shares to existing shareholders, according to Prachai Leophairatana, the company’s chief executive.
Fix anomalies at Portland
Over the past month, East African Portland Cement Company has been in the news for all the wrong reasons. Arguably, this could be the very reason major shareholders of the compa...
Antitrust board fines Akcansa
Akcansa, a major Turkish cement manufacturer, said that it received the antitrust board’s ruling that the company should pay
Truce in Lebanon boost UAE shares
Shares in UAE cement companies reacted strongly to the Lebanese ceasefire this week as prospects increase of infrastructure and property reconstruction in the war-torn country
Apasco boosts sustainable construction
Based on the guidelines issued from offices of Holcim Foundation for Sustainable Construction, in Switzerland, the company is attempting to boost a sustainable construction cult...
Iran imports more cement?
According to Al-Wefaq newspaper (August 16, 2006), a senior manager at the Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) said that Iran had im...
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