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HeidelbergCement to double Indocement stake to 65.1%

HeidelbergCement AG plans to double to 65.1 per cent its stake in the Indonesian cement company Indocement, the compa...

OCI Posts 82% earnings growth

Orascom Construction Industries announced consolidated revenue of LE 2,440m with EBITDA of LE 621.4m and net income o...

Cement firm’s woes set to continue

Cement firm Holcim’s maritime woes look set to continue as it will be at least next week before its cement ship...

CSFB controls larger slice of Cimpor

US investment bank Credit Suisse First Boston (CSFB) now controls a total 6.02 per cent of the voting rights in Port...

China’s Sinoma International wins cement plant bid

Sinoma International Engineering Co Ltd said it has signed a 652.8 mln yuan contract to build a cement production lin...

Holcim buys from NZ competitor

Holcim has been forced to buy cement off rival Fletcher Building (Golden Bay Cement) because of continuing problems w...

Holcim Romania’s social responsibility project

Holcim Romania, a unit of Swiss cement company Holcim Ltd, will organise from June 14 to June 18, 2005 a series of tr...

Poland’s cement usage likely to increase in 2005

Poland’s cement usage is likely to increase for another consecutive year in 2005, even up to five per cent, fro...

Holcim plans new bond to refinance debt

Swiss cement group Holcim is planning to issue a new bond worth more than SwFr 300m ($242.9m) to refinance 500 millio...

Semapa higher as Q1 net improves

Shares in Semapa SGPS rose after the industrial holding company said net profit edged up 2.59 per cent to Euro 12.0m ...