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Foreign institutionals buy stake in Kesoram Industries

Foreign institutional investors (FIIs) seem to have partially replaced Indian insurance company LIC in B K Birla flag...

FRCC named safest cement plant

FR Cement Corp (FRCC) was declared the safest cement plant in the country by the Philippine Mine Safety and Environme...

India Cements could bounce back

Debt restructuring and the extraordinary demand generated from reconstruction of the tsunami-affected states of Tamil...

Cement bag factory inaugurated

Sayyid Qahtan bin Yaroub Al Busaidi, member of the Omani State Council, will preside over the opening ceremony

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

First picture from devasted Andalas

Reports coming in from Indonesia’s Aceh province show evidence of the massive damage to the Lafarge Andalas pla...

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 invest...

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...

Ciments Francais fails in Suez bid

At the end of the validity term of the Public Tender Offer for Suez Cement Company, Ciments Francais (Italcementi Gro...

Cement ship sunk in Aceh by tsunami

As reported earlier in the week, Samudera Shipping Line, Singapore, now confirms that one of its cement carriers caps...