Dontsement ends with improved 2005
Cement producer Dontsement company (Amrosiivka; Donetsk region) ended 2005 with a net profit of UAH 15.14 million.
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FFE Minerals acquisition
FFE Minerals has acquired US-based Excel Foundry and Machine, Inc., which is a leading provider of quality spare parts and services to the mining and aggregate industries. At th...
CAF approves loan to Soboce
The Andean Development Corporation (CAF) has approved a US$25m loan to Bolivia’s largest cement producer, Soboce, CAF reported in a release. Local banks Banco Mercantil, B...
Penden Cement: rising demand from India
Demand for cement has increased and sufficient orders are at hand for the coming months but the monsoon which floods the plains in India and block roads in Bhutan is, as in the ...
Cement shortage continues in Jamaica
Over in Jamaica, months after Caribbean Cement Company Limited’s recall of 500t of cement that crippled the construction sector, normality has not returned to the cement-s...
Readymix sells East Wall site
Irish Readymix has sold its site on East Wall Road to the Dublin Docklands Development Authority (DDDA) for €23 million in cash, €7 million more than the guide price. Readymix h...
Bio Bio sells assets worth $73.95m
Chilean cement producer Cementos Bio Bio (CBB), controlled by industrial group Briones, announced on July 3, 2006, that it had sold the assets of some of its subsidiaries for a ...
Eurocement to pay after settlement with antitrust
Russia’s largest cement producer Eurocement will pay a 267 million ruble fine (US$10m) to the federal government, in accordance with an out-of-court settlement to its long...
Holcim Bulgaria to push capacity increase in 2006
Holcim will complete a Euro 26.5m investment in raising the output capacity of one of its Bulgarian plants by the end of August, a senior company official said on Tuesday.
CNBM plans to spin off unit
China National Building Material Group Corp (CNBM) plans to spin off its machinery equipment making unit, Northern Heavy Industry, for a separate listing in Hong Kong. CNBM pre...
Work starts on new cement plant
Construction of a US$210m cement plant began in Tinh Gia district of central Thanh Hoa province on July 4. The plant, invested by the Cong Thanh Cement Joint Stock Company, has ...
IFC signs loan for Yemen cement plant
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has signed a US$35m loan to National Cement Company in Yemen. IFC’s loan will ...
CRH current business outlook positive
CRH plc said Wednesday that it expects that profit before tax for the six months to Jun. 30, 2006 will increase by approximately one-third compared with the reported 2005 outcom...
Bryant Mather Scholarship Awarded to Raissa Ferron
The 2006 ASTM International Katherine and Bryant Mather Scholarship has been awarded to Raissa Ferron, a teaching assistant and Ph.D. candidate studying self-consolidating concr...
Tarmac’s eco-friendly approach to business
Tarmac is spearheading an ambitious eco-friendly restoration project to enhance the environment in one of the first initiatives of its kind in the UK. The firm has consulted a t...
Making tomorrow’s buildings more energy efficient
According to the International Energy Agency, the consumption of coal, oil and gas rose by 700% between the early 1960s and the year 2000. Today approximately 40% of the total e...
BASF completes acquisition of Degussa’s construction chemicals business
The acquisition of Degussa AG’s construction chemicals business by BASF Aktiengesellschaft was completed on July 1. The purchase price for equity is just under €2.2 billion. As ...
Mid Europa Partners Acquires 92.4% of Croatia’s Istra Cement
Private equity firm Mid Europa Partners said it has bought 92.4% of Croatian cement maker Istra Cement from Germany’s HeidelbergCement for an undisclosed sum.
Baltsem Ends 2005 With UAH 11m in profit
Baltsem, one of three largest cement producers in the Ukraine, ended 2005 with a net profit of UAH 11m. This was disclosed in the Top-100 rating made by Invest Paper.
Cemex, Rajawali delay closing transaction
Diversified business group Rajawali failed Monday to wrap up its purchase of most of Mexican-based cement giant Cemex SA’s stake in state-owned cement maker PT Semen Gresi...
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