Tariff Commission to keep hearing cement firms’ plea
The Philippine Tariff Commission is bent on hearing a cement manufacturers’ appeal to extend safeguard duties versus imported gray Portland cement, noting that no temporar...
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Bacnotan buys Danish firms’ shares in Atlas
Bacnotan Consolidated Industries has just bought from two Danish firms almost 811,000 shares of Atlas Cement Corp. for US$4.4m.
Lafarge unit plans capacity expansion
Lafarge Indian unit plans to spend INR4.50bn for a 2.5Mta capacity expansion at its plant in eastern Chhattisgarh state, reports the Economic Times. Lafarge will initially expa...
Goldsun moves to tap mainland cement market
Goldsun Group, Taiwan’s largest concrete supplier, will invest 1.2 billion yuan (US$144m) to build two cement production lines in Yongding of East China’s Fujian Pro...
ASEC Egypt gains major new local investor
The recent death of ASEC’s chairman Omar Guimei, a major shareholder in ASEC Cement has prompted a reshuffle of the company’s stock
Banks, property plays top ’05 Asia stocks
Banks, property firms and building material companies are JP Morgan’s top Asia stock picks for 2005, as the investment
First picture from devasted Andalas
Reports coming in from Indonesia’s Aceh province show evidence of the massive damage to the Lafarge Andalas plant on the west coast of Sumatera, less than 100km from the e...
Shanghai Allied Cement reports proposed deal
On 31 December 2004, Shanghai Allied Cement entered into the Supplemental Agreement with Tian An, pursuant to which the
Cement bag factory inaugurated
Sayyid Qahtan bin Yaroub Al Busaidi, member of the Omani State Council, will preside over the opening ceremony
India Cements could bounce back
Debt restructuring and the extraordinary demand generated from reconstruction of the tsunami-affected states of Tamil Nadu and Andhra Pradesh
FRCC named safest cement plant
FR Cement Corp (FRCC) was declared the safest cement plant in the country by the Philippine Mine Safety and Environment Association and the
Foreign institutionals buy stake in Kesoram Industries
Foreign institutional investors (FIIs) seem to have partially replaced Indian insurance company LIC in B K Birla flagship, Kesoram Industries
Construction set to begin on five projects in Vietnam
The following are five major projects, which will begin to be built in the country this year:
French Lafarge buys Ecuador N0: 2
French building materials group Lafarge has bought up German holding company Finlatam V GmbH, owner of about 99 per
Clan donates land to factory
Uganda: the Karuwok clan in Tororo district has agreed to sell its land to Tororo cement factory for its expansion.
New coal allocation
The Indian Ministry of Coal has allotted coal linkage of 84Mt for the power sector for January-March 2005 period which is 10Mt
Quinn Group maintains the pace
It has been a landmark year for the Quinn Group, the Cavan-based firm that continues to make its name in the most unlikely of
Malaysia Lafarge Malayan to shed United Cement stake
Lafarge Malayan Cement Bhd said its Kedah Cement Holdings Bhd unit will sell a 49 per cent stake in United Cement Pte Ltd, a
Mediobanca Cuts Ciments Francais stake
Mediobanca SpA, the Italian investment bank, has cut its stake in French cement supplier Ciments Francais to below
Cement prices to go up in January
In January, Indian retail cement prices are set to increase by Rs 5-10 per 50 kg bag across the country following a surge
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