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India's Banco to build cement plant in Tanzania 05 August 2010 The JV has acquired 70 hectares of land, having limestone deposits, and it will import coal from South Africa. The land acquisition and other necessary government clearances have been procured, the report said. The Tanzania market is estimated to... Type: Article Category: Plant Expansions Analyst cautious on HeidelbergCement 04 August 2010 done little to insulate the company's balance sheet from the ill effects of the weak construction market," calls Hanson acquisition "untimely." ┬á (CW Group) In initiating coverage of HeidelbergCement, Morningstar issuer a rating BB- for the company on... Type: Article Category: Financial UltraTech profits slump, adding capacity 29 July 2010 a result of infrastructure and property construction. UltraTech is IndiaÔÇÖs largest cement producer following the April acquisition of ETA Star Cement in Dubai and approval this week to accrue business from a group firm. The ETA Star accrual added 3... Type: Article Category: Financial Attock drops Al-Abbas bid on price 29 July 2010 Attock says price prime reason for abandoning pursuit. (CW Group) Attock Cement ceased acquisition negotiations with Al-Abbas following a disagreement on price terms, reported the tribune. While the major reason cited for the change of plans is quoted... Type: Article Category: Mergers & Acquisitions Attock drops Al-Abbas bid on price 29 July 2010 Attock says price prime reason for abandoning pursuit. (CW Group) Attock Cement ceased acquisition negotiations with Al-Abbas following a disagreement on price terms, reported the tribune. While the major reason cited for the change of plans is quoted... Type: Article Category: Markets & trade Attock Cement places bid for Al-Abbas Cement 28 July 2010 Pakistan based firm submits bid price for acquisition against the nameplate capacity of 0.9 million tons. (CW Group) Pakistan's Attock Cement has placed a bid for rival cement maker Al-Abbas Cement, a report from The Daily News said. According to... Type: Article Category: Markets & Competition Albania authorities clear ground for plant 26 July 2010 and brick factory, 251.23 ha for limestone careers and 29.72 ha for clay careers. The fees and payments for this land acquisition shall be determined by the Department of Forest Service in accordance with the cost of the forest area cleared for it and... Type: Article Category: Plant Expansions CADE approves Camargo Corr├¬a-Polimix merger 22 July 2010 of main strength of the concrete from its market Tatu├¡, S├úo Paulo and other nearby localities, CADE supported the acquisition with no objections on this ground. The lawyer for Polimix argued that the low investment requirement in the cement sector... Type: Article Category: Mergers & Acquisitions Brazil approves Voto takeover of Cimpor assets 21 July 2010 you tried to access is only available to paid subscribers.","link":"1"}] Brazilian regulators have approved Votorantims acquisition of some of Cimpors local assets, a report from Potugal Digital said. The Council for Economic Defense (CADE) has decided... Type: Article Category: Mergers & Acquisitions CRH announces 14 deals in 2010, upgrades units 07 July 2010 euros; several plant expansion initiatives announced. (CW Group) On Wednesday, CRH announced that it has undertaken 13 acquisitions during the first half of 2010 at a total cost of Ôé¼133 million, and the investment of a further Ôé¼19 million in Yatai... Type: Article Category: Mergers & Acquisitions CRH announces 14 deals in 2010, upgrades units 07 July 2010 euros; several plant expansion initiatives announced. (CW Group) On Wednesday, CRH announced that it has undertaken 13 acquisitions during the first half of 2010 at a total cost of Ôé¼133 million, and the investment of a further Ôé¼19 million in Yatai... Type: Article Category: Ports & handling Eurocement restructures, consolidates shareholdings 07 July 2010 company met with the requirements listed out in Part 5 Article 32 of the Federal Law On Protection of Competition. The acquisition of 44,4% voting shares of CJSC Eurocement along with the disposal of the company has granted the group 100% control in the... Type: Article Category: Financial Brazil set to rule on Votorantim's Cimpor purchase 06 July 2010 from Jornal de Negocios said. The Administrative Council for Economic Defense (CADE ) will decide on Supermix Concretes acquisition of Cimpor assets in 2008. Votorantim is currently Cimpors biggest shareholder, holding 21.2% of Portugals largest cement... Type: Article Category: Mergers & Acquisitions Brazil: CSN negotiating plant acquisition 06 July 2010 Negotiations are on with new unidentified US investors to take over Brazilian cement plant. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] After a failed attempt to... Type: Article Category: Mergers & Acquisitions Loma Negra production up 40% in past five years 05 July 2010 has increased 40% in the past five years, a report from Urgente said. Director General Ricardo Lima says since the firms acquisition by Brazils Camargo Correa in 2005, production rose to 5.2 mm tons as of June 2010, compared to 3.6 mm tons in 2005. Loma... Type: Article Category: Volume & Pricing India: Prism Cement buys Milano Bathroom Fittings 28 June 2010 Rajan Raheja Group, has acquired the remaining 50% of Milano Bathroom Fittings (MBT) for an undisclosed amount. ┬á "Post acquisition, MBF becomes a wholly-owned subsidiary of Prism Cement and will continue to be managed through H and R Johnson (India)... Type: Article Category: Mergers & Acquisitions India: Karnataka manpower woes turn off investors 25 June 2010 and cement makers, infrastructure developers, and information technology (IT) firms rated as their top problems land acquisition and a lack of skilled workers. To compensate for this companies and the local governments have proposed setting up training... Type: Article Category: People CR Cement acquires Ningbo Ying's Materials 22 June 2010 Formosa, all units of Universal Cement. China Resources Cement is a cement and concrete producer in Southern China. The acquisition will complement China Resources Cement's expansion plan and enable it to extend its market coverage in Huizhou and... Type: Article Category: Mergers & Acquisitions Camargo Correa to infuse $200 mm into Cinac 15 June 2010 Brazilian company continues Africa push with capitalization following recent acquisition. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Brazis Camrargo Corra group... Type: Article Category: Financial Cemex: worst "nightmare" to miss out on deals 15 June 2010 Burdened with debt, Cemex may miss out on upcoming acquisition opportunities. ┬á (CW Group) After $29 billion in acquisitions over the past 20 years, Cemex, the largest cement manufacturer in North America, may miss out on upcoming acquisition... 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