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Philippines: settlement following cargo vessel crash

The Cebu provincial government and other entities, which suffered damage following the cargo vessel MV Belle Rose ru...

Adelaide Brighton sees potential in US$2bn acquisition

Adelaide Brighton Group says it has carried out detailed work on a potential US$2bn acquisition of the Australia and...

Nigeria: agreement reached on Bol managed import levy funds

The Bank of Industry (BoI) in Nigeria said allegations over the misapplication of the cement funds which had prompte...

Syria: Lafarge protected interests from ISIS

According to French newspaper Le Monde, Lafarge entered into deals with armed groups in Syria, including the Islamic...

Italmobilaire to acqure non-core assets

HeidelbergCement AG and Italcementi SpA have made an amendment to HeidelbergCement's acquisition of the entire parti...

Rwanda: Cimerwa calls for protection from illegal exports

Cimerwa, Rwanda's sole cement producer, has asked the government for protection, saying local dealers are exporting ...

Algeria: GICA subsidiary starts work on Bechar plant

Work has begun on a new cement plat for Saoura-Ciment company, a GICA subsidiary. Situated 965km south of Algiers, t...

Indonesia: Semen Indonesia looks to international markets

Amid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand...

Paraguay: INC undergoes maintenance work

Paraguayan cement company Industria Nacional del Cemento (INC) will carry out maintenance work in Villeta for six d...

India: Jaypee Group still needs to reduce its debt level

For the promoters of Jaypee group, the aggressive expansion during the last decade has cost them dearly. The Delhi-b...