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Egyptian Torah Cement net profit jumps to $31.4 Mln H1 2006

Egyptian Torah Cement registered a net profit jump to E£180.4m (US$31.4m) in the first half of 2006, from E£70.5m (US...

Merger between FLSmidth and Potagua FLS

On 1 August, the Boards of Directors of FLSmidth & Co and Potagua FLS A/S ("Potagua FLS") have made a final decision ...

Argos expects to recover US$700mn US investment in 5-6yrs

Colombia’s dominant cement company Argos expects to recover within five-six years its investments from the thre...

Lawrence swings to profit on higher prices

St. Lawrence Cement Group Inc. swung to a second-quarter profit on Tuesday, as a lower Canadian income tax rate and h...

Lafarge H1 net profit jumps 53 pct on strong organic growth

Lafarge said net profit jumped a greater-than-expected 53 per cent to EUR548m in the first half from EUR359m a year e...

Date set for cement firm inquiry, UK

A public inquiry is to be held into a cement firm’s plans to build a new site to dispose of its waste. Flintshi...

CRH invests in cement joint venture in Florida

CRH plc, the international building materials group, announces that its US subsidiary, Oldcastle Materials, Inc., has...

Cementir spends US$110m on Oyak works, Turkey

Cementir is acquiring the Elazig cement works in eastern Anatolia from the Turkish army pension fund Oyak for US$110m...

Austrian Asamer Holding offer for Bosnian cement plant

ALAS International, a subsidiary of Austrian building materials producer Asamer Holding, on Tuesday made a buyout off...

Gresik to issue bonds to finance new plant, Indonesia

Publicly listed cement maker PT Semen Gresik is planning to issue bonds in the second semester of 2007 to finance con...