Morgan Stanley, IFC US$200m bet on Conch
Conch Cement said 31 December that its parent would sell 180 million shares, or about 14.3 per cent of the share capital, to the two.
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Degussa acquires Chinese additive firm
Degussa’s Chinese subsidiary announced Monday it has acquired all assets of Beijing Xinzhuang Huiqiang Admixture Ltd
Jaiprakash to expand cement capacity
Jaiprakash Associates Ltd, the flagship company of the Jaypee Group of Industries, has decided to
ThyssenKrupp reclassifies ’waste’ slag as product
Germany’s ThyssenKrupp Steel has been given the go-ahead by the country’s government to classify its blast furnace slag as a product
New concrete plant for Mobile
Standard Concrete Products of Columbus, Ga., and the Alabama State Port Authority have entered into a purchase agreement
Record year for Port Everglades
Cargo volume at Port Everglades, Florida reached an all-time high of 26.6Mt in the fiscal year ending Sept. 30, up 4.3 per cent
Arabian Cement Co begins expansion
Arabian Cement Company (ACC) has started an expansion project at its plant in Rabigh, southwestern Saudi Arabia, the
Mika Cement modernisation
Armenian cement producer, Mika Ltd has invested US$6.5m in Mika Cement LTD since its privatization in April 2001. Director General
CRH solidifies position in the US
The year 2005 saw CRH complete three deals totalling €344m to further extend its exposure to the market. The first of these
Argentina construction industry high note
Argentina’s construction sector registered a 22.3 per cent growth in November, compared with the same month of the last year, a new
Omani Raysut Cement new contract
Omani cement producer Raysut Cement has won a contract to supply 200,00t of resistant cement for the expansion of the
Akmenes looks at expansion possibilities
Akmenes Cementas, Lithuania’s only cement manufacturer, is considering building a new production lin e costing around Euro 70m.
Lebanese cement sales
According to Assafir newspaper (December 27, 2005), official statistics show that the total delivered cement sold in the Lebanon
But Son, Bim Son Cement Companies to offer shares
Two State-owned cement companies of But Son and Bim Son, which are located in northern Ha Nam and Thanh Hoa provinces of Vietnam
SCCC sells Karat Faucet stake
Siam City Cement Public Company Limited (SCCC) has sold 2,499,994 ordinary shares of the capital stock of Karat Faucet Co Ltd. (KFC),
Investor sentiment for Indian cement sector down
Investor sentiment for the cement industry has been badly hit over the past fortnight and several stocks in this sector have under-performed
Birla group to consolidate cement units?
Close on the heels of the Aditya Birla Nuvo consolidation which gave Kumar Mangalam Birla an upfront 10 per cent increase in promoter’s holding
Malaysia: tougher conditions in 2006
Cement and steel producers, whose businesses have been affected this year due to a weak construction sector, may face an even tougher
Indonesia’s Nov cement consumption up
Indonesia’s cement consumption, a good indicator of economic activity, rose 3.2 per cent in November from a year earlier, the country’s largest
Anhui Conch Cement confirms MS-IFC investments
MS Asia Investment, an entity controlled by Morgan Stanley Private Equity Asia (MSPEA), Thursday announced here the signing of a definitive agreement
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