Chinese factory to build brick factory in Constanta

Spanish construction materials company, Uralita, has been given the go-ahead from the boards of all its creditor banks to postpone the payment of its financial debt of almost €275 million to March 2014.
The company managed to reach an agreement with all its financial creditors in March 2012, but it has now been approved by all the boards.
This gives Uralita financial stability which will allow it to strengthen its current business and develop its future business plan.
This agreement also shows the credit

Russian company Eurocement Holding has increased its stake in Swiss cement company Holcim to 10.8%, up from 10.1% in autumn 2011.
This represents a further CHF 100 million (€83.1 million) investment.
Eurocement Holding said that it had used the company's low share price as an opportunity to buy more shares. It also emphasised that its investment in Holcim was a financial investment, and that it does not want any representatives on Holcim's board.

Doosan Infracore Construction Equipment has extended its range of attachments for excavators with a new line of heavy duty buckets and quick couplers manufactured in Europe.

Intended for all markets in Europe, Middle East and Africa, these can be mounted quickly and easily, providing cost-effective and productive solutions for a number of applications, including digging, trenching, loading, mining and quarrying, says Doosan.

Spanish cement company Cementos Portland is to re-elect and ratify its 14 board members at the next general shareholders meeting, which is scheduled for 18 May, 2012.
Members include Juan Bejar as chairman; Jose Manuel Burgos Perez and Jose Maria Iturrioz as directors and Esther Koplowitz (vice-Chairman).
Cementos Portland will also use the meeting to approve its results as well as request authorisation for the board to issue debt securities.

According to reports, the Voronezh Court of Arbitration in Russia has introduced a monitoring procedure at Pavlovskgranit due to the claim of Atlantic, which acquired the company's debt from Sberbank Capital.
The reports say the debt is €101.49 million and the court will appoint an interim trustee on 11 May, 2012.

BASF has launched its new Masterflow Exagrout line, a fatigue-resistant grout for onshore and offshore wind turbines.
A mixture of cement and metallic aggregates, the product has rapid strength build-up even underwater, has high compression resistance, can be submitted to extreme temperatures and can fill spaces of up to 200mm