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Gujarat Ambuja to buy stake in ING Vysya

Gujarat Ambuja Cements will execute the first buy-out in the private insurance industry by acquiring 14.87 per cent s...

Tanga cement private sector boost

Tanga Cement Co. Limited has donated 250 bags (12.5t) of cement to the Tanzania Private Sector Foundation (TPSF). Com...

Cement import duty loss

The discontinuation of cement imports into Jamaica since the duty was raised to over 40 per cent early last year has ...

Indian cement consumption up this year

Cement consumption in India recorded a 6 per cent increase during 2004-05 over the previous fiscal year. Cement consu...

Japan JV in Vietnam to double output

Taiheiyo Cement Corp and Mitsubishi Materials Corp said Monday that their joint cement making unit in Vietnam will do...

Italy approves Montalto takeover

Italy’s Antitrust Authority has given a green light to the acquisition of 100 per cent of Italian cement maker ...

Lafarge Malayan to fight pricing trends

Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer, will not initiate a price war despite a fall in...

Indocement to retain profit to repay debt

Cement maker PT Indocement Tunggal Prakarsa said it may not distribute dividends from last year’s profit as it ...

Semen Padang gets US$120m loan from Central Bank

Semen Padang, a subsidiary of state-owned Semen Gresik, secured a loan of Rp190 billion (US$20m) from Bank Central As...

Sebi seeks legal opinion on open offer

The Indian Securities and Exchange Board of India (Sebi) has sought legal opinion from its legal department over the ...