Blue Circle in Asian buying spree
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.BLUE CIRCLE, the cement-making group, is planning a pounds 200m acquisition spree in Malaysia and the Philippines despite experiencing a difficult first half in its Asian operations.
James Loudon, the finance director (left), said the group was looking at a number of companies, and the economic turmoil in Asia had thrown up several opportunities. His comments came as Blue Circle reported a 7.6 per cent fall in interim profits to pounds 131m. The fall was due to a first- quarter loss in the Canadian operation and a pounds 6.4m hit from the strong pound. Profits in Malaysia and Singapore more than halved as the crisis savaged demand, the company said.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments