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Credit crunch slows India expansion plans
Costlier raw material and tight credit conditions have slowed down Indian cement companies’ ambitious
EIB loan for Derba Midroc cement factory, Ethiopia
Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR29m loan from the European Investment Bank (EIB).
Lafarge’s valuation trimmed on likely slowing demand
Aseambankers Equity Research has adjusted its price target for Lafarge Malayan Cement Bhd given a cloudy outlook on d...
Anil Singhvi to set up cement business at Reliance Natural
Anil Singhvi, former managing director of Ambuja Cements, has joined Anil Ambani’s Reliance Natural Resources (...
Holcim to establish training facility in Switzerland
Holcim said it has commissioned a new training centre in the Swiss town of Holderbank.
Brazil: Votorantim expands cement distribution
Votorantim Cimentos, engaged in a R$2bil cement capacity expansion investment to add 8Mta by 2010,
FLSmidth wins largest cement plant in Russia
FLSmidth has signed a contract worth EUR79.3m for a complete cement production line to be built on an existing cement...
Egyptian companies in talks on cement plant in Sudan
Two Egyptian companies have said they are in talks with the Sudanese armed forces on the feasibility of building a ce...
Thailand price rise to counter-balance cost hike
During January-April 2008, domestic cement sales volumes in Thailand dropped to 9.2Mt, down 5.0% YoY
Holcim scoops up ACC shares to cement control
Holcim is increasing its stake in Indian cement producer ACC through open market purchases in an attempt to get major...