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India ACC 1Q net up 54.9% boosted by higher prices

Indian cement maker ACC Ltd Thursday said its fiscal first quarter net profit surged 54.9% on year, driven by higher...

Peru’s cement, construction cos’ Q1 growth seen booming

Peru’s construction and cement companies likely benefited from rising domestic demand and strong economic growt...

Lower interest expenses to boost 1Q07 normalised profit

TPI Polene (TPIPL) is expected to announced 1Q07 normalised profit of Bt364mn, up 45% qoq and 126% yoy. Earnings grow...

Competition: ECJ dismisses cartel damages claim

In the case of Holcim v Commission, the EU Court of Justice confirmed on 19 April that the European Commission is not...

Japan cement makers dread sting from depreciation rules

Japan’s largest cement maker, Taiheiyo Cement Corp, and No. 3 firm Sumitomo Osaka Cement Co. are both

Italy Cementilce to open cement plant in Bragno

The new cement facility, built in Bragno, the northern Italian municipality of Cairo Montenotte, by Cemex, Cementilce...

Russian court throws out Russia Partners’ suit vs Eurocement Group

The Moscow Arbitration Court Friday threw out a lawsuit filed by affiliates of US investment fund Russia Partners aga...

Lafarge increases stake in Heracles

Lafarge said it has acquired a further 26 per cent stake in Greek cement producer Heracles for EUR321.6m, increasing ...

Republic Cement approves merger with Fortune Cement, 2 other units

Republic Cement Corp said its board has approved its merger with three of its units, including Fortune Cement Corp, ...

Cemento Polpaico investment plans

Chile’s Cemento Polpaico plans on investing US$15m this year, local paper La Segunda quoted Polpaico’s general ...