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India Cements sale speculation

Market rumours that cement major Grasim Industries is eyeing a stake in Chennai-based India Cements, taking its stock up to a 52-week high of Rs 210.70 on Tuesday. India Cements has a total capaci...
News - 19 April 2006

Gov’t urged to investigate cement capacity

A document obtained from the Philippine Tariff Commission showed that the industry’s reported capacity in 2004 was at a higher 528 million bags of cement but the operating capacity (actual) was at...
News - 18 April 2006

Private equity funds eye Mysore

Private equity funds and other financial investors are believed to have shown interest in buying a large stake in Mysore Cement (MCL), the Bangalore-based SK Birla group company, sending the compa...
News - 18 April 2006

Lafarge to invest in Ciment Rezina

Lafarge said on Thursday it plans to invest Euro 30m to 40m in the next four years in the development of its Moldovan unit, cement producer Ciment Rezina. Lafarge director for Moldova Hubert Pille...
News - 18 April 2006

Lafarge to look at more opportunities in India

After a gap of almost five years, Lafarge India, a subsidiary of the Paris-based Lafarge Group, is once again on the prowl. The company has started talking to a few Indian cement players for possi...
News - 12 April 2006

Shui On and Lafarge inject more cash

Hong Kong-listed Shui On Construction & Materials and Lafarge injected a further HK$155.2m (approcx US$25m) in cash into the companies’ Chinese cement joint venture, Shui On said Wednesday. Shui-O...
News - 12 April 2006

Lafarge to step back from big acquisitions

Bruno Lafont, the new chief executive of French cement maker Lafarge SA, has indicated that the group is stepping back from making any big acquisitions in the near future. In an interview with the...
News - 10 April 2006

Lafarge announces new CDM projects

Lafarge reports that its Clean Development Mechanism (CDM) project which substitutes alternative, biomass energy sources for fossil fuels in two of its cement plants in Malaysia, has been validate...
News - 10 April 2006

Government to buy-back Gresik

Indonesian government will use the preemptive rights to buyback 25.53 per cent shares of PT Semen Gresik, Cemex Asia Holdings plan to sell.  The Minister of SOE Sugiharto said the government, cont...
News - 06 April 2006

EPA faces environmental challenge

Activists plan to sue the US EPA over a rare decision to invalidate a final air toxics standard for particulate matter (PM) emissions from cement kilns in favor of a less stringent rule.  The EPA ...
News - 06 April 2006