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Indonesian government should stop interfering

The Indonesian government has not yet responded to Cemex SA’s decision to sell its stake in state-owned cement ...

Lafarge completes North American transaction

Lafarge has announced that it has successfully completed its cash tender offer for the 46.8% minority stake in Lafarg...

Buzzi Unicem Q1 net swings into profit on higher sales, Italy

Italy’s Buzzi Unicem SpA said it posted a EUR29.1m net profit in the first quarter compared with a EUR17.8m los...

Holcim to issue shares at CHF83 each in capital hike, Switzerland

Holcim Ltd announced Friday the final conditions of a previously-announced capital hike, confirming the issue price o...

Cementir revenue up 26.8 per cent, Italy

Italian cement group Cementir, a unit of local construction company Caltagirone, registered a revenue of EUR217.2m (U...

FCC’s Q1 net profit rises 41 per cent, Spain

Spanish building and services group Fomento de Construcciones y Contratas (FCC) posted a 40.7 per cent rise in first-...

Suez net profit surges, Egypt

Egypt’s Suez Cement Co (SCC), 51 per cent held by Ciments Francais, registered a surge in consolidated net prof...

Italcementi set to buy 50 per cent in Zuari Cement

India’s Zuari Industries is set to sell its 50 per cent stake in Zuari Cement to Italcementi for Rs 500 crore. ...

Gresik ‘should get sale priority’, Indonesia

State-owned Semen Gresik should get first refusal on purchasing shares in the local company being sold by Cemex, Ind...

Cement price update, Philippines

Cement firm Holcim Philippine Inc. has agreed to peg the retail price of a 40kg bag of cement at P178 here, the Depar...