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Korean-led group to build Cameroon cement plantA South Korean-led consortium has signed a deal to build a CFA37bn (US$82.68m) cement factory in Cameroon, the Industry Ministry said on Thursday. The AFKO Cement Production Company, based in...News - 18 January 2008 |
Zimbabwe: renamed Circle Cement to start trading on ZSECement manufacturer Circle Cement Limited will start trading on the Zimbabwe Stock Exchange as Lafarge Cement Zimbabwe Limited with effect from Monday next week. This follows the name change of C...News - 18 January 2008 |
Dangote, 12 Others to Import Bulk CementThe Federal Government has given provisional approval to 13 local companies to import bulk cement into the country in order to make up for the shortfall in supply and bring down the prices of the ...News - 17 January 2008 |
Analysis: Holcim likely to buy next as sector consolidatesHolcim was conspicuously absent from a round of industry consolidation in 2007, but its big cash pile means it could acquire a rival in the coming months, according to analysis from Reuters. H...News - 15 January 2008 |
Egyptian cement producers raise pricesA number of Egyptian cement companies have raised their prices over the last few weeks, local media reported. Egypt’s Suez Cement Co (SCC) boosted its price to 377.5 Egyptian pounds (US$68.34...News - 14 January 2008 |
Will Lafarge’s Orascom loan find favour?The €7.2bn loan backing the acquisition of Egypt’s Orascom by French building materials company Lafarge has been launched, arrangers BNP Paribas, Calyon and Morgan Stanley announced on Thursday. Th...News - 11 January 2008 |
Strong demand for Malaysian building materialsCIMB Equities Research is maintaining its overweight stance on the construction sector as it sees 2008 as the start of the implementation of the Ninth Malaysian Plan after the award of some RM22 b...News - 10 January 2008 |
Dangote Cement gets new chief executiveRichard Hadley, a former executive vice president of the Africa region for the cement division of the Lafarge Group, has been appointed the chief executive officer of Dangote Group’s cement divi...News - 10 January 2008 |
Transparency the goal of cement APM, MalaysiaThe government of Malaysia has introduced automatic pricing mechanism to improve transparency between building materials manufacturers and end-users. THE implementation of the automatic pricing ...News - 07 January 2008 |
Board of Directors approve Lafarge’s acquisition of OCI Cement GroupThe Board of Directors of Lafarge S.A has approved the acquisition of OCI Cement Group, the cement unit of Orascom Construction Industries (OCI). OCI has signed an agreement with Lafarge,...News - 04 January 2008 |