FCC ups 2006 forecasts, sees European buys
Spanish construction and services group FCC wants to accelerate its growth through acquisitions and is looking at various opportunities in Europe where it could replicate its bu...
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Kesoram increases borrowing limit to meet expansion plans, India
To meet the expenses of its future expansion plans, Kesoram Industries Ltd on Thursday increased its borrowing limit to Rs 2,000 crore from Rs 1,000 crore.
Cementos Molins net profit increase, Spain
Spain’s Cementos Molins plans to increase to EUR100m its net profit in 2006, compared to EUR84.1m registered in 2005.
Cement dust is ’no real risk to health’
Fears that dumped cement kiln dust would be a risk to health cannot be proved experts say. Castle Cement wants to tip dust waste from its new UK£56m kiln on farmland at the fir...
Eleven companies now produce cement in Azerbaijan
The Azerbaijan State Agency for Standards, Metrology and Patents (SASMP) has awarded certificates to Mineral LLC and Azerit JSC to produce cement this year. Eleven companies pro...
Adis Ababa considers reopening plant
Faced with a chronic cement shortage that risks derailing condominium construction, an expert committee of the Addis Ababa City Administration is seriously considering re-openin...
China cement sector reduces losses
Thanks to increasing demand for cement due to rapid growth of fixed assets investment and export increase, the amount of loss suffered by China’s cement industry has dropped by ...
Cement cartelisation probe to be widened
All cement makers in India are set to answer some uncomfortable questions in the next few days. The Monopolies & Restrictive Trade Practices (MRTP) Commission has asked its inve...
Siam City Cement in share buy-back
Siam City Cement, Thailand’s second largest cement maker by capacity, said Thursday it will buy back up to 7.5 million shares, or three per cent of its total issued shares...
Govt urged to bring cement, sand under EC Act
About 4,000 construction workers staged a demonstration close to Kochin, India on Wednesday, seeking immediate intervention of the Central and State governments to bring down th...
Gresik to construct new cement plant on Java
PT Semen Gresik says it will start constructing a cement plant on the island of Java next year at a cost of 2.802 trln rupiah. The new plant, due to be completed in 2011, will h...
US Concrete to buy Alberta Investments affiliate
US Concrete Inc on Wednesday said it agreed to acquire all outstanding capital stock of Alberta Investments Inc. and its affiliate Alliance Haulers Inc. for US$165m.
Lucky Cement clinches three gold medals
Lucky Cement clinched three gold medals in Sarhad Chamber of Commerce & Industry (SCCI) ’Businessman of the Year’ Gold Medal Awards for 2004-05 in categories of &rsq...
Cement firm expect boost from private sector
The prospect of high borrowing costs in the Philippines, which could dampen construction spending, does not worry the industry right now, an official of a major cement manufactu...
Buyout will help CNBM boost output
Hong Kong-listed China National Building Material announced Wednesday it will pay 961.1 million yuan (US$120m) to fully acquire Xuzhou Conch Cement, in a move designed to boost ...
Semen Batam conducts production trials
PT Semen Batam is conducting trials to produce 4000tpd of cement to be marketed on domestic level. The company, which was established in 2002 and has a market orientation for e...
Govt may agree to Cemex share sale
The government may agree to the plan by Mexican-based cement giant Cemex SA to sell part of its stake in local cement maker PT Semen Gresik (SG) to the Rajawali Group. "Basica...
Merger at FLSmidth
The respective Boards of Directors of FLSmidth & Co. and Potagua FLS decided to carry out a taxable merger of the two companies with FLSmidth & Co. being the continuing company ...
Steel Authority of India has identified Jaiprakash Associates as joint venture
Steel Authority of India has identified Jaiprakash Associates as the strategic partner for setting up a 2Mt slag-based cement unit at its Bhilai Steel Plant. In an intimation to...
Eagle Materials Inc. Raises Q1, FY 2007 EPS Guidance
Eagle Materials Inc. announced that it has increased its first quarter and fiscal year 2007 earnings per share (EPS) guidance. For the first quarter of 2007, it expects EPS of $...
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