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Zuari to re-enter cement business 04 June 2010 not restrict ourselves to this greenfield unit and will consider all means to expand even if it comes down to making acquisitions,ÔÇØ said Poddar. ÔÇ£Although the next two years will see a lot of capacity coming up in the sector, over a longer period... Type: Article Category: Mergers & Acquisitions Cemex bid for Penna Cement stalls 01 June 2010 Penna, was in talks with Cemexto sell a majority stake or the whole company. The talks were held in the backdrop of the acquisition of Bharathi Cements, owned by YS Jagan Mohan Reddy, son of the late Andhra chief minister Y S Rajasekhara Reddy, by... Type: Article Category: Mergers & Acquisitions Indian cement giants in acquisition mode 01 June 2010 domestic market and increased capacity of small term businesses, cement players are eyeing China and the Gulf for further acquisitions. This trend was witnessed with BinaniÔÇÖs purchase of Dubai and China based cement companies followed by UltraTechÔÇÖs... Type: Article Category: Mergers & Acquisitions Brazil: Cimento Nassau may be seeking buyers 01 June 2010 second largest cement maker and is the main business of a family-owned conglomerate, Joao Santos is now being eyed for acquisition by┬áregional cement giants. Nassau produced 6.4m tons of cement in 2008, according to data from the cement producers... Type: Article Category: Mergers & Acquisitions Summit Materials buys Continental Cement 28 May 2010 to partner with Continental Cement and to expand our presence in the Midwest.ÔÇØ Continental is the latest and fourth acquisition by the newly formed Summit building materials company, reports the Hannibal Courier Post. Previous acquisitions include:... Type: Article Category: Mergers & Acquisitions RHI to spend Ôé¼120mm euro on expansion 27 May 2010 in the refractory market. ┬á The company has plans for two or three projects in 2010. The growth plan may encompass both acquisition targets as well as organic growth. Head of division resources, Stolzel, said ÔÇ£the thrust of the company is to increase... Type: Article Category: Markets & Competition JK Lakshmi in talks over Egyptian cement co 23 May 2010 has been finalized,ÔÇØ said whole-time director Shailendra Chouksey. A person close to the company said that if the acquisition proceeds, it will be financed by the proposed fund-raising and cash reserves, the Economic Times wrote. In India, JK Lakshmi... Type: Article Category: Mergers & Acquisitions Taiwan Cement aiming to be Top 3 in China 12 May 2010 New acquisition moves company closer to its goal of being among Top-3 cement producers in China. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] CENS.com reported that... Type: Article Category: Markets & Competition South Africa: PPC looks beyond its borders for growth 11 May 2010 we have to get something outside of South Africa.ÔÇØ The company, he said, has been looking at a list of 30 potential acquisition targets outside the country, but has whittled that number to 10. In a February 2010 statement, Stuiver had indicated the... Type: Article Category: Plant Expansions Ciments Bizerte pursuing facility upgrades 09 May 2010 to be launched before the end of 2010, concerning the proposed renewal of equipment fluidization silos, the proposed acquisition and installation of a new mixed line palletising / bundling of bags of cement, the proposed renewal of facilities for... Type: Article Category: Plant Expansions Cemex to buy back 6.1bn peso debt 06 May 2010 bond issue, Reuters wrote. Cemex is seeking to restructure $18 billion of debt, part of which accumulated in its acquisition of Rinkers. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Malaysia: CIMA may be acquired by Semen Gresik 06 May 2010 Despite talk of this acquisition, analysts say it will not represent the beginning of a trend in the region. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Indonesias... Type: Article Category: Mergers & Acquisitions CRH market share to avert bid on Quinn Cement 06 May 2010 the Quinn Group splits. Laing OÔÇÖRourke, a British construction company, has reportedly considered the possibility of an acquisition of Quinn Cement, as well as the building material business, should it come available. However, CRH chief executive... Type: Article Category: Markets & Competition [PR] Siemens awarded Turkmenistan project 05 May 2010 cables, the 110kV switchgear units, the power factor compensation system, the power SCADA (supervisory control and data acquisition) system, transformers and the low-voltage distribution panels with MCCs (motor control centers), MV motors and starters,... Type: Article Category: Environment Holcim stays course on cost cutting moves 04 May 2010 in Brazil, but there were not many opportunities for buyouts. However, he indicated the company would not refuse an acquisition if the right one presented itself, but are currently focusing on what they already own. Furthermore, Akermann said Holcim has... Type: Article Category: Plant Expansions Vicat looking at improved performance in second half 04 May 2010 States and France in the second half to help drive sales. A report from Boursier says the firm also discussed its recent acquisition of Indias Bharati Cement as part of an effort to tap into the growing Indian market. It also confirmed a dividend payout... Type: Article Category: Financial Gresik targets buyout of Malaysian cement plant 04 May 2010 only available to paid subscribers.","link":"1"}] Indonesias Semen Gresik announced on Tuesday it was considering ┬áthe acquisition of a Malaysian cement plant this year. The company has set aside $388 million for the possible buyout, according to... Type: Article Category: Markets & Competition [PR] SNEF expands cement services 03 May 2010 France-based Groupe SNEF continues to expand cement service offering with Ceprocim acquisition. French Groupe SNEF has seen an impressive growth in the past decade and the company with its 9000 employees in more than 20 countries is now an important... Type: Article Category: Mergers & Acquisitions Cemex CEO: growth, acquisitions ahead 29 April 2010 Zambrano positive on future following a tough last year, but coy on potential India acquisition rumors. (CW Group) Cemex SAB is moving forward and focused on growth, as they rise up from the global economic crisis that hit many industries hard.... Type: Article Category: Financial UltraTech Q1 net falls 29 April 2010 Rs 6 per share,resulting in an outgo of Rs 74.69 crore, the Business Standard report said. UltraTech also announced its acquisition of Dubai-based Star Cement for Rs 1,700 crore. The company expects the deal to be completed by June, according to a... 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