Four cement companies have indicated that they are interested in a potential strategic alliance with the Kankesanthurai (KKS) Cement Factory, a subsidiary of Lanka Cement (LC) of Sri Lanka.

Ohorongo Cement currently building a new plant in Namibia is arranging for a sale of a 40% stake to local institutional investors, company executives said.

Titan Cement is looking to appeal a US court ruling that bans mining at the company's quarries in Florida, USA, the company said in a statement on Monday.

Several Namibian and regional institutional investors are said to be interested in acquiring a stake in Ohorongo Cement, the German-owned cement factory at Otavi, Namibia. Investment representatives recently visited Germany for presentations of the company’s cement plant at Otavi and to review Schwenk's general operations.

Indonesia's Semen Gresik has appointed Credit Suisse to advise the company on its already announced overseas acquisition program.

Cemex confirmed that it is to almost double its planned asset divestitures to more than $2 billion in 2009. The company will use proceeds to reduce outstanding debt.

The Hetauda Cement factory in Nepal has been closed for the last three weeks following a strike by its workers. Workers locked the main gates on Friday demanding permanent jobs.

Hong Kong's Shui On Construction and Materials may be looking to IPO its China joint venture with Lafarge, Lafarge Shui On Cement, on the Hong Kong stock exchange.

Mexico's GCC (Grupo Cementos de Chihuahua) has joined the negotiations with Lafarge to purchase its Colorado, USA, aggregates business, competing with Granite Construction.

Semen Gresik is forming plans to buy foreign cement operations as a part of a new three year growth strategy. The plan also includes extensive local plant expansions to defend market share.