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Vicat 2005 profits climb, France

French building materials group Vicat SA posted a EUR 232m consolidated net profit for 2005, an upsurge of 28.7 per...

Competition violators warned in Russia

The chief of Russia’s anti-monopoly watchdog vowed Friday to step up competition protection and accused those who had...

Actis to buy stake in Dalmia Cements

Private equity fund Actis is set to acquire an 11 per cent stake in India’s Dalmia Cements (Bharat) Ltd for US$...

China Resources Cement in capacity push

China Resources (CR) Cement, a unit of state-controlled conglomerate China Resources (Holdings), plans to invest HK$1...

Uzbekistan expands exports

Uzqurilishmateriallari (Uzbek Construction Materials) increased production by 54.1 per cent in 2000-2005. Uzqurilishm...

Italcementi to invest in its Bulgarian plants

Italcementi, plans to invest EUR 10m in its two plants in Bulgaria in the next five years to expand its production ra...

Argos agrees to buy US Concrete Co

Cementos Argos SA, Colombia’s biggest cement maker, agreed to buy RMCC Group Inc, a US ready-mixed concrete su...

Turkey’s Cimsa sets up unit in Romania

Turkish cement maker Cimsa said on Friday it has recently set up a unit in Constanta, southeastern Romania, via which...

Plan to revive CCI

The Indian government has cleared the proposal for reviving three public sector units, including Cement Corporation o...

Bamburi invests in plant upgrade

Bamburi Cement has announced a Sh30m infrastructure upgrade at its Athi River cement plant also known as Nairobi Grin...