Forum Moderator

Posts

Alexandria Cement 9-mth net profit down 24 per cent

Egypt’s Alexandria Cement reported a 24 per cent drop in nine-month net profit to E£136m (US$23.8m), the stock...

Star Cement seals loan deal, UAE

Bahrain-based Star Cement, a part of the ETA/Star Group, has signed a $104m term loan facility agreement with a syndi...

Natal Portland Cement Gets Empowerment Partner

Cimpor, owner of Natal Portland Cement, said yesterday that it would sell a 26% stake in the South African operation ...

Cement sales soar as new projects come on line, South Africa

Demand for cement in SA has continued to soar as sales last month increased 10,9%, compared with the corresponding mo...

Circle Cement’s pricing reprieve, Zimbabwe

Circle Cement has won a reprieve as a court ruled the company had the right to increase its prices in line with input...

Holcim acquires additional stake in GACL

Holcim has reportedly acquired a 3.7 stake per cent in Indian cement maker Gujarat Ambuja Cements Ltd. to add to its...

Vicat eyes stake in MyHome Cement

French cement major, the Vicat Group, is close to acquiring a large stake in the Hyderabad-based unlisted company, My...

Honeywell gets $4M cement contract

Honeywell has announced a US$4.7m contract to design and implement the process control system for Italcementi Group’...

Lafarge’s China JV sees surge in domestic demand

China’s cement consumption is seen rising 30 per cent by 2010, but keen competition should send 40 per cent of ...

Work on JK Cement’s Karnataka unit to commence in December

Work on JK Cement’s 3Mte greenfield cement plant in Karnataka will commence in December this year