Asia & Pacific Rim

Speculation is rife about the sale of a minority stake in HeidelbergCement India to a private equity firm.

India’s Competition Appeallate Tribunal has asked companies accused of price fixing to pay 10% of the penalty in the next month if their appeal is to be heard in August.

Lafarge to raise funds for growth, while state-owned cement plant nears completion.

Positive results announced for 1Q13, as well as plans to revive a grinding facility in Mabini to meet demand.

India’s UltraTech Cement has announced its financial results for FY13, which saw net sales and profits rise.

Fauji Cement has released its latest unaudited financial results, reporting positive figures for the current financial year.

PT Semen Indonesia plans cement plant in Myanmar as part of its business expansion strategy.

Latest figures show value of Pakistan’s exports is up almost 23% y/y so far this fiscal.

India’s Reliance Cement has launched into the Amravati market.

According to a report from Timetric, Asia-Pacific has an increasing market share for construction and earthmoving equipment.

ThyssenKrupp Resource Technologies has awarded BAM Indonesia the contract for onshore civil works at Holcim’s Tuban 2 line, Java.

Lafarge Pakistan signs MoU with APCMA to promote health and safety; UK MPA shares best practice across industry.

The Kazakhstani cement producer saw sales volumes drop and revenue rise in 1Q13.

JK Lakshmi Cement has reiterated its commitment to the project despite violent protests by locals.

Thatta Cement has signed an agreement with the Sri Lanka Ports Authority for the establishment of a cement plant at Magam Ruhunupura Mahinda Rajapaksa Port.