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Andalas looks for Padang stake

PT Andalas Tuah Sakato (ATS) (no relation to Lafarge Andalas) hopes the government would let the company to acquire 25.53 per cent shares of Semen Padang that was allocated for Cemex SA.  The Comm...
News - 10 May 2006

Foreign players seen in race for Andhra cement

Andhra Pradesh-based Rain Commodities is said to be looking at either partially divesting its stake in its cement business to a strategic partner or entirely selling off the 1.5Mt cement unit, acc...
News - 10 May 2006

Lafarge to build replacement cement factory in Aceh, Indonesia

Lafarge said it will build a new cement factory in Aceh with an annual production capacity of 1.6Mta to be operational in 2008.  The new factory will be a replacement for one of its PT Semen And...
News - 10 May 2006

Titan Q1 net seen up 22 per cent

Titan is expected to report a 22 per cent rise in first-quarter net profit, thanks to strong growth at home and abroad, analysts said on Monday.   A Reuters poll of eight analysts forecast on aver...
News - 09 May 2006

NBI agents uncover ‘mixed’ cement hoard, Philippines

The National Bureau of Investigation (NBI) seized P1.5m worth of adulterated cement following a series of raids on several establishments last week.    NBI Intellectual Property Rights Division (...
News - 08 May 2006

Lafarge to invest in Chhattisgarh cement plant, India

Lafarge India Pvt Ltd, a subsidiary of the Lafarge Group, plans to invest Rs.7bn ($156m) to raise the cement production capacity of its Chhattisgarh unit from 1.5Mta to 3.5Mta. ‘Lafarge is keen t...
News - 08 May 2006

Italcementi Q1 EBITDA, sales boosted by Egypt ops, Italy prices

Italcementi SpA’s first quarter EBITDA and sales, due today, will be boosted by the inclusion of Egypt operations acquired last year, and higher Italian selling prices, analysts said. EBITDA profi...
News - 05 May 2006

Lafarge sales in Romania

Lafarge’s sales in Romania rose 15.4 per cent on the year in the first quarter of 2006, the company said on May 3, 2006.  The sales increase in the first quarter of 2006 was due to a 13.8 per ce...
News - 03 May 2006

Chile producers post Q1 gains

Cementos Bío Bío saw net profits jump 20.1 per cent to 7.13bn pesos (US$13.9m) in the first quarter compared to 1Q05, while Cemento Polpaico and Grupo Melón’s profits grew 12.8 per cent and 0.79 p...
News - 03 May 2006

Local investors encouraged to buy SG shares

Prominent figures urged local investors to purchase Mexico-based Cemex Asia Holdings’ 25.53 per cent stake in the country’s largest cement producer, PT Semen Gresik (SG), to avoid foreign dominati...
News - 02 May 2006