
Newsbyte: CSN’s bid for Cimpor unsucessful
Less than 9% of shareholders have taken up CSN’s offer to purchase a 33% stake plus one share in Cimpor.
Stay up to date with the latest news and updates from the cement industry.

Less than 9% of shareholders have taken up CSN’s offer to purchase a 33% stake plus one share in Cimpor.

Lafarge has announced that it will receive Brazilian cement assets in exchange for the sale to Votorantim on 3 February 2010 of its 17.28% stake in the Portuguese Cimpor group.

Japan’s Ministry of Finance has reported a massive y/y jump in exports in January.

Eithiopia’s Habesha Cement has received five tenders for the construction of its newest plant.

US-based McIlvaine Company has published new forecasts on air pollution control systems now becoming even more essential to meet stricter standards and regulations.

ASEC Holding has acquired an additional 9.48% holding in ASEC cement, thereby increasing its exposure to become one of the region’s largest independent cement producers.

Castle Cement Ltd. have been fined £250 000 for dust, noise and smoke pollution.

Lafarge is creating the potential for increased shipping traffic along the Saginaw River following the acquisition of two docks in Saginaw and Bay City.

Rio Tinto has begun production of iron ore at the Mesa A/Warramboo mine in Western Australia.

In Ghana, an agreement has been made between Ghacem Limited and Mutiwall Paper Sacks (MPs) West Africa Limited regarding limestone mining operations in Western Nzema.

Cemex has announced the sale of 12 quarries in the US to SPO Partners & Co.

Lafarge has issued a statement following the release of its 2009 full year results. Excerpts from the statement are reproduced here.