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Grasim rules out cement price rise

Grasim said that cement prices will no longer ride north but stabilise at the present levels. “Going forward, I see t...

Gresik net profit forecasts, Indonesia

Indonesia’s PT Semen Gresik expects 2006 net profit to increase by up to 20% on year because of higher sales, i...

Ultratech investment plans

India’s largest cement maker Grasim Industries, along with its subsidiary UltraTech Cement, is planning to invest aro...

Inquiry begins into sale of Glen Ding woodland to CRH

An inquiry into the sale of 145 acres of State land near Blessington, Co Wicklow, began at the tribunal yesterday. Th...

Gulf Cement IPO raises US$1.6bn

The Gulf Cement Company’s IPO has raised more than $1.63bn and was about nine times oversubscribed. Applicants ...

Cementos Argos 1Q net profit up, Colombia

Colombian cement and cement products maker Compania de Cementos Argos posted a net profit of COP19.552bn (US$8.2m) fo...

Exports to Kabul may resume from next month, Afghanistan

The government of Pakistan has decided to restore cement exports to Afghanistan from May 1, along with rebate, despit...

Pioneer to start new line, Pakistan

Pioneer Cement, starting to produce 4,300tpd within this week, would help stabilise cement prices in the domestic mar...

Cementos Lima 1Q net profit up, Peru

A 17% increase in cement sales helped lift Cementos Lima SA’s first-quarter net income to PEN32.2m (US$9.7m) co...

Sibirsky Tsement to invest in Krasnoyarsk plant, Russia

Russian holding Sibirsky Tsement (Siberian Cement) plans to invest US$150m in cement production at its plant located ...