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South Africans squeeze new entrant

South African cement suppliers and local distributors have reportedly conspired to drive out newly introduced Cheetah...

Russian antitrust body to consider Eurocement break-up

Russia’ Federal Antimonopoly Service, or FAS, has ruled that Eurocement Group has been violating the law on competiti...

Sabanci takes the Standart prize

Sabanci Holding was unable to deter Cimentas, a subsidiary to the Italian Cementir Group, from taking over control of...

Portugal BPI Ups Stake in Semapa

Portuguese investment bank Banco Portugues de Investimento (BPI) increased its participation in local cement company ...

Wahana Tata Ready to Pay Lafarge’s Claim

PT Asuransi Wahana Tata promised to pay the insurance claim of PT Semen Andalas Indonesia following the conclusion of...

Brazil’s Camargo Correa to invest US$100m

Brazilian cement producer Camargo Correa is investing US$100m over the next three years in Argentina to boost product...

IBT Securities buys Taiwan Cement shares

IBT Securities was a net buyer of 2.29 mln shares in Taiwan Cement Corp between Sept 19 and Oct 7, the Economic Daily...

Mexican cement growth slows

Although the Mexican cement industry grew three per cent in January-July this year, the national cement chamber (Cana...

Turkey Sells Bartin for $48m

Turkey’s Savings Deposits Insurance Fund, or TMSF, sold the Bartin Cement Factory for $48m to domestic cement p...

TPIPL seeks further delay for restructuring

TPI Polene Plc plans to petition the Central Bankruptcy Court this month seeking an extension of its debt-restructuri...