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Indonesia’s Semen Baturaja to launch IPO

State-owned cement producer PT Semen Baturaja said it will launch an initial public offering (IPO) this year and sell...

Pakistani cement units penalised

The Monopoly Control Authority has imposed penalty of Rs 100,000, and Rs 10,000 per day, from the middle of November ...

French Morillon Corvol Buys Ets Charroy

French construction aggregates company Morillon Corvol, part of Mexican cement group Cemex, acquired on January 1, 20...

Yemeni Al-Barh Cement Plant output

Yemeni state-run al-Barh Cement Plant in the southwestern governorate of Taiz produced a total 569,437t of cement in ...

State and producers royalties dispute

Government and cement producers are reportedly in dispute over the companies’ refusal to pay a two per cent roy...

Looking ahead in 2006

Will 2006 be the year for coal? Since 2003 the dry bulk market has been mainly driven by the Chinese iron ore boom wh...

Gujarat Ambuja describes Holcim plan as `speculative’

Gujarat Ambuja Cement Limited (GACL), which has entered into a strategic alliance with Swiss cement major Holcim, des...

Saudi Arab Cement profit up

Saudi Arabia’s Arab Cement has reported 2005 net profit of SR333m (US$88.80m), up 8.7 per cent from the last ye...

Cost-cutting key as growth momentum slows

The Siam Cement Group, the country’s largest industrial conglomerate, has forecast that the building material i...

ClearWater may buy stake in SCL

Private equity funds like ADM Capital and ClearWater Capital are in talks with the Saurashtra Cement (SCL) management...

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