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Rinker Rejects Cemex bid, Mexican firm may walkRinker Group Ltd Wednesday said the US$11.7 billion hostile bid from Cemex SA is "far too low", pressuring the world’s third largest cement maker to sharply improve its terms or walk away from Au...News - 29 November 2006 |
Oyak not to bid for Lafarge-Yibitas cement factories.Celal Caglar, head of Oyak cement group, said that Oyak would not bid for the cement companies to be sold by Lafarge-Yibitas. Caglar noted that the competition board is not likely to approve the a...News - 29 November 2006 |
Lafarge to invest EUR6.5m in Romanian plantLafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz, in the Romanian central county of Brasov, by 2007 when Romania will join t...News - 29 November 2006 |
Lafarge invests to keep pace with growing demandIn a bid to meet the rapidly growing cement demand in South Africa, Lafarge has committed itself to a number of short- and medium-term infrastructure investments to increase its local production c...News - 24 November 2006 |
Lafarge to guarantee Lafarge North America’s US$400m of outstanding debt securitiesLafarge announces that it is providing an unconditional guarantee on all outstanding bonds issued by its subsidiary Lafarge North America Inc. under an Indenture for debt securities dated October ...News - 23 November 2006 |
HeidelbergCement leads race for GSCLHeidelbergCement AG is understood to have emerged as the frontrunner to pick up the promoters’ stake in Gujarat Sidhee Cements Ltd (GSCL), according to local news reports. The Mehtas, who control...News - 23 November 2006 |
Lafarge Malayan Cement returns to profitLafarge Malayan has recorded a nine-month pre-tax profit of RM138.688m (US$38m) against a loss of RM26.237m a year ago as it benefits from firmer domestic and higher export prices. Domestic cement...News - 23 November 2006 |
Lafarge Shui On expects China’s cement demand will increase by 30% before 2010Cyrille Ragoucy, CEO of Lafarge Shui On Cement, recently announced that from now until 2010, China’s cement consumption volume will increase by 30%. However, due to intense competition, approxim...News - 21 November 2006 |
Cement Firms cleaning up their actThe cement industry is feeling the pinch these days. Some cement companies are under investigation on the charge that they manufactured cement out of industrial wastes that are harmful to humans. ...News - 21 November 2006 |
US cement manufacturers’ 2007 project spending could top $2bnCapital project spending at US cement manufacturing plants could possibly exceed 2006 figures by 10 to 25 per cent, a total of $2.7bn for 125 projects, according to research conducted by Industria...News - 21 November 2006 |