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FLSmidth acquires Decanter Machine, USA

FLSmidth has today signed an agreement to acquire the privately owned company Decanter Machine, Inc, a United States...

Xinjiang Tianshan Cement 1Q net profit falls 68 per cent, China

Xinjiang Tianshan Cement Co Ltd, a cement and concrete manufacturer based in the Xinjiang Uygur Autonomous Region, a...

Indocement gears up to meet rising demand, Indonesia

PT Indocement Tunggal Prakarsa has said it will continue to raise capacity to meet increasing domestic demand with t...

Egypt’s Misr Beni Suef earnings edge higher, hit by power shortages

Misr Beni Suef Cement announced that net profit for the first half of 2012 reached EGP188m (US$31m) versus net profi...

ACC sees Indian demand rising 10 per cent YoY, India

Indian cement major ACC has said cement demand may grow at a healthy rate of 10 per cent in 2012 but subdued capacit...

UltraTech Cement plans to raise INR2.5bn rupees via bonds

India's UltraTech Cement is planning to raise INR2.5bn (US$44.84m) through five-year bonds at 9.15 per cent, a sourc...

Holcim net profit rises, streamlines group organisation

Holcim reported increased sales and improved prices in the first half of 2012, with better margins in the second qua...

Life Insurance Corp trims stake in ACC, India

State-run Life Insurance Corporation (LIC) has sold 2.68 per cent stake in cement maker ACC  for INR187.75 crore thr...

CRH advances strongly in the Ukraine

CRH’s first half turnover improved by 5.2 per cent to €8,588m, but the EBITDA came off by 1.1 per cent to €568m. The...

Anhui Conch Cement reports 51% plunge in 1H profit

Anhui Conch Cement announced yesterday that its net profit in the first half fell 51.33% YoY to CNY2.92bn (US$462m) ...