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Holcim: The Capital Group Has 5% Voting Rights Stake

Holcim Ltd said Wednesday that The Capital Group Cos., Inc. holds slightly more than 5% of its voting rights.

Thai TPIPL slumps, revised results show huge loss

Shares in TPI Polene, Thailand’s third-biggest cement firm, fell 11 per cent to a 10-year low on Wednesday afte...

ASEC in Ethiopian purchase

Egyptian company ASEC Mining (Ascom) said it was taking a 20 per cent stake in a new company that will produce cement...

Adelaide Brighton cements boardroom changes

Adelaide Brighton Ltd has announced the retirement of director David Barro from its board, effective today.

Ambuja Cements to hike prices by INR20 a bag

Ambuja Cements (ACL) has decided to raise cement prices by Rs 20 per 50kg bag in two tranches. The first hike is expe...

Holcim Romania hikes prices by 10-12%

Holcim Romania has hiked cement prices by 10-12% since January, the company’s general manager Markus Wirth told...

Akcansa profit drops 31.5% YoY in 1H08

Consolidated profit of Turkish producer Akcansa fell 31.47% YoY to TRY70m (EUR40m) in 1H08

Venezuela nationalises cement industry

Venezuela’s government extended its control of the economy with accords to take majority stakes in the local units of...

PCA downgrades 2008 demand forecast

An increasing unemployment rate, higher inflation, and low consumer sentiment will combine to have lingering negative...

Boral full-year profit falls 18.6 per cent on US housing slump

Boral Ltd’s full year net profit has dropped 18.6 per cent, dragged down by an earnings loss at its US business...