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Italcementi wins 98.5% acceptances in ASEC Cement bid

Italcementi SpA’s takeover offer for ASEC Cement has won acceptances totaling 98.5% of the Egyptian company&rsq...

JP Morgan may pick up 25% in Binani Cement

An equity fund controlled by JP Morgan Chase is likely to pick up 25 per cent stake in Binani Cement for around Rs 15...

Italy Mediobanca cuts stake in Ciments Francais to 4.98%

Italian investment bank Mediobanca reduced its stake in French cement maker Ciments Francais SA, a subsidiary of Ital...

New State Cement’s chief appointed

The ministry of industries and production has appointed MP Gangwani as chairman State Cement Corporation of Pakistan,...

Third straight record year of cement consumption predicted, USA

Experts expect cement consumption this year to increase five percent over 2004 levels, making this the third straight...

Listed cement sector companies’ profit growth to continue, Pakistan

The profitability growth of most of the listed cement sector companies is expected to continue in the fiscal year 200...

Bangur name to adorn cement brand, India

After cement sold under the Birla name, it is time for the Bangurs to put their name on their own cement as well. The...

Cementos Bío Bío acquires 100% of Tecnomix

Chilean cement company Cementos Bío Bío has acquired 100% of ready mix company Tecnomix in a CHP15.7bn (US$28.9m) deal.

Saudi Southern Province cement H1 2005 net profit at $86.2m

Saudi cement producer Southern Province Cement (SPC) posted a net profit of SAR323.1m (US$86.2m) for the first half o...

Algeria cement imports show signs of decrease

Data published by the Algerian Customs Authorities show that during the first six months of 2005, the country importe...