• Philippines: Cement firm opens IPO to local small investors

    The Philippine Stock Exchange has allowed the subscription of local small investors to the IPO (initial public offering) shares of Cemex Holdings Philippines Inc. which is debuting on the stock market on July 18."The company, which will use the stock symbol 'CHP', will be offerin

  • Heidelberg acquires Suez Cement Group

    On Friday, Heidelberg bought 157.17m ordinary shares, which included Suez Cement Group shares that were formerly owned by Italcementi. Heidelberg Concrete completed the acquisition of 45% of the shares of Italcementi from Italmobiliare after an agreement was signed on 28 July 201

  • ​India: JP Associates seeks to call off cement biz sale to UltraTech Cement

    In a new twist in the JP Associates-UltraTech Cement deal, the former now wants to call off the Rs 15,900 crore deal to sell its Cement business to the latter, ET Now quoted sources as saying. Shares of JP Associates closed 5.40 per cent higher at Rs 9.09 in reaction to the de

  • Pakistan: Cement sales rise to 39m tonnes

    Cement dispatches during the outgoing fiscal year grew by 9.82 per cent to 38.87m tonnes compared to 35.34m tonnes the preceding year. It should be noted that additional taxes have been imposed in the budget 2016-17 that increased the cement price by Rs35 per bag. Local cement sa

  • West China Cement Shares Plunge After Anhui Conch Deal Collapses

    West China Cement Ltd. fell 29 percent in Hong Kong after trading resumed following the collapse of a proposed deal with Anhui Conch Cement Co. West China Cement dropped to HK$0.76 as of 9:37 a.m. for a market capitalization of HK$4.1 billion ($531 million), having lost half its

  • Taiheiyo Cement announces share exchange

    Taiheiyo Cement Corporation has announced that the proposal for the share exchange agreement between the Company and DC Co. Ltd. Was approved at the general shareholders meeting of DC held today. Accordingly, the share exchange wherein the Company becomes wholly-owning parent com

  • Self-sealing concrete now proved with recognised test

    A US patent has recently been granted to a new test to prove and measure the self-sealing qualities of concrete mixes. This approval confirms the robustness of the test, therefore establishing a uniform way in which this property can be quantified within any mix of concrete, incl

  • New clinker line in Fengkai County

    On 28 June 2016, China Resources Cement (Fengkai) Limited, a subsidiary of China Resources Cement Holdings Limited, commenced operation of its sixth clinker production line. The line is at the cement production plant in Fengkai County, Guandong Province, and has a 5000 tpd clinke