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IFC extends $16MM loan to cement trading co 16 January 2009 the integration of local economies," said Michael Essex, IFC director for the Middle East and North Africa. "This investment supports a Jordanian company that is a leader in the global cement shipping and trading industry." Mazem Dajani, CEO of CTI,... Type: Article Category: Financial Private equity firms said to be eying Heidelberg stake 16 January 2009 a bid, possible together with U.S. buyout firm TPG. French buyout firm PAI Partners may also be considering a separate investment, the newspaper said. The Financial Times added that Bain Capital is also looking at an investment. HedielbergCement's... Type: Article Category: Mergers & Acquisitions Holcim to reduce costs, investments in 2009 15 January 2009 Holcim said on Thursday that it would focus on improving cash flow in 2009, by cutting back its investment plans, but would benefit from government projects. (CW Group) In slides at analyst conferences the company said that one of its main goals is to... Type: Article Category: Financial UAE PM receives Lafarge CEO Lafont 15 January 2009 base of cooperation with France, calling on the French businesspersons to invest in the UAE, which has variety of investment opportunities. Separately Lafont said "we are in a period of high uncertainty compared to a year ago, but we will not change any... Type: Article Category: People Mexico prices expected to rise 5% "soon" 13 January 2009 that would double the production capacity at its plant in the same area in Tepeaca to 7,6 million tons with at an investment of $460 million (which has now been delayed as earlier reported by CemWeek). 18 months after opening the new plant the company... Type: Article Category: Markets & Competition Belarus to invest $378mm in modernizations in 09 13 January 2009 [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] The investments will be in six major investment projects, said iCement. In particular, the PRUP "Belarusian Cement Plant" and OJSC... Type: Article Category: Plant Expansions Cemex slows expansion of plants in Mexico 12 January 2009 is looking to slow investments for the expansion of its plant in El Yaqui, Sonora, and Tepeaca, Puebla, Mexico.(CW Group) The communications department of the firm said that the measures are part of the announcements made together with the third quarter... Type: Article Category: Plant Expansions Lanka Cement up on take-over speculation 12 January 2009 and the threat from Tamil Tigers who have now been cleared out by the Sri Lanka army. "Investors may be thinking that investment will now come in as it might be viable to restart the plant," an analyst said. Copyright CW Group. All rights reserved.... Type: Article Category: Financial Dangote studying new Tanzania plant 11 January 2009 of Congo, Equatorial Guinea, Ethiopia, Tanzania, Senegal and Zambia, but several have since been cancelled due to a poorinvestment climate. The current cement plants in Tanzania, Tanga and Mbeya are not capable of meeting the current local and export... Type: Article Category: Plant Expansions Dangote studying new Tanzania plant 11 January 2009 of Congo, Equatorial Guinea, Ethiopia, Tanzania, Senegal and Zambia, but several have since been cancelled due to a poorinvestment climate. The current cement plants in Tanzania, Tanga and Mbeya are not capable of meeting the current local and export... Type: Article Category: Ports & handling Binani to invest Rs900 cr in capacity expansion 11 January 2009 tried to access is only available to paid subscribers.","link":"1"}] Binani has decided on a Rs 800 crore ($165 million) investment to construct a greenfield factory in Indias Gujarat state. The plant is to have an installed capacity of up to 2,5 mtpy.... Type: Article Category: Plant Expansions Vietnam proposes four cement projects 11 January 2009 Plan until 2010 and vision to 2020." The four projects are: Xuan Thanh Cement Plant of Xuan Thanh Construction Investment and Development Co in Ha Nam provinces Thanh Nghi Commune; Tan Tao Cement Plant invested by Tan Rao Industrial Investment JSC in Ha... Type: Article Category: Plant Expansions CRH completes Ôé¼224mm acquisition of Yatai Cement 08 January 2009 eastern China, with a current cement capacity of 14 million tons per annum, according to a company statement. Jilin has investment program underway which is expected to be completed in late 2009 when cement capacity will increase to 18 million tons per... Type: Article Category: Mergers & Acquisitions Heidelberg's future uncertain as Merckle dies 06 January 2009 The Merckle family controls HeidelbergCement, and generic drugs maker Ratiopharm, and drug wholesaler Phoenix through its investment company VEM. "The news about the death of Adolf Merckle is causing uncertainty among investors," says an analyst who... Type: Article Category: Financial CRH sees Ôé¼1,6Bn pre-tax profits, challenging outlook 06 January 2009 producer Ancon, together with around 45 other acquisitions across the groupÔÇÖs operations. A 200 million euro investment in Chinese cement maker Jilin Yatai Group is nearing completion. "In the deteriorating economic environment, we significantly... Type: Article Category: Financial China to develop Laos cement plant 04 January 2009 paid subscribers.","link":"1"}] An agreement was signed with the Laotian authorities earlier last month and represents an investment of $77 million, according to BMI. China will provide 60% of the capital for the JV, while Laos will provide the balance.... Type: Article Category: Plant Expansions UBS sells shares in Anhui 04 January 2009 investment bank UBS recently reduced its holdings in China's Anhui Conch Cement to 4,89% from 5,12%, according to the Stock Exchange's SDI information. (CW Group) UBS sold 1,011 million H-shares in Anhui Conch on December 29, 2008, and its total H-share... Type: Article Category: Mergers & Acquisitions Binani in talks to raise 1.500 cr for new projects 03 January 2009 Binani Cement is discussing investments of 1.500 core ($309 million) for its new projects with foreign investors. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]... Type: Article Category: Financial Binani in talks to raise 1.500 cr for new projects 03 January 2009 Binani Cement is discussing investments of 1.500 core ($309 million) for its new projects with foreign investors. [$] (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]... Type: Article Category: Ports & handling Semen Gresik to raise exports in '09 02 January 2009 will also construct two power generating plants with a respective capacity of 35 megawatts. The projects, which need an investment of about $1,3 billion are scheduled for completion in 2011 for the factories in South Sulawesi and in 2012 for the one in... 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