25 July 2014

China National Building Materials (CNBM) - July 2014

CNBM subsidiary Sinoma International Engineering has won a turnkey contract for two new 5775tpd cement kiln lines from the Ministry of Defence in Egypt. The project is to be situated in Sinai, Egypt, about 50km south of El-Arish. The contracts are understood to be worth EUR270m (US$363...

25 July 2014

PT Indocement - July 2014

Indonesia has finally announced Joko “Jokowi” Widodo as its new president following the country’s elections earlier this month. Jokowi’s pledge that infrastructure would be a focus area during his presidency gave con...

25 July 2014

Anhui Conch Cement Co - July 2014

Shares in Anhui Conch rose by over five per cent earlier this month following the company’s forecast of a 90 per cent YoY increase in first-half net profit to CNY3.06bn (US$492.75m), compared to the same period last ...

25 July 2014

Cementos Argos - July 2014

Cementos Argos has awarded a contract to Gothenburg, Sweden-based SKF to provide a broad range of engineering products and services for its operations in Colombia over the next three years. “SKF has an extensive part...

25 July 2014

PT Semen Indonesia - July 2014

Semen Indonesia, the largest cement producer in southeast Asia, has said that it expects its first-half profits to expand by just eight per cent this year, compared to 21.8 per cent in the same period last year. Reve...

25 July 2014

Dangote Cement - July 2014

Sephaku Cement, in which Dangote Cement is a majority shareholder, has reported a loss of US$1.37m in the year ended March 2014. The loss is due to one plant only commencing production in January this year while the ...

25 July 2014

UltraTech Cement - July 2014

UltraTech Cement Ltd, an Aditya Birla Group company, has announced net sales of INR56.49bn (US$941m) in the quarter ended 30 June 2014, compared to INR49.59bn in the same period last year. Profit before interest, dep...

25 July 2014

PPC - July 2014

PPC has awarded a contract to Morupule Coal Mine (MCM) in Botswana to supply coal to PPC’s Slurry cement factory near Mafikeng in the North West province, South Africa. Along with Botswana Railways and Transnet Fr...

02 July 2014

Votorantim Cimentos - June 2014

Votorantim Industrial's first-quarter turnover improved by 11.2 per cent to BRL6577m (US$2985m) and the EBITDA jumped by 41 per cent to BRL1528m, but the net income dropped by 96 per cent to BRL8m. Capital expenditur...

02 July 2014

Italcementi - June 2014

Italcementi, through its Moroccan subsidiary Ciments du Maroc, is investing in the construction of a new grinding centre at Jorf Lasfar, some 110km southwest of Casablanca. The new grinding centre will have a cement ...

02 July 2014

Cemex - June 2014

Cemex is investing around US$22.75m in its Dominican Republic operations, where it trades under the Cementos Titan brand. At the San Pedro de Macorís works, the company plans to generate electricity from waste hea...

02 July 2014

Lafarge - June 2014

Lafarge has agreed the sale of Lafarge Cementos in Ecuador to Union Andina de Cemento of Peru for US$553m. The completion date for the sale of this 1.4Mta works has yet to be agreed. This deal follows the sale of the...

02 July 2014

Holcim - June 2014

Huaxin Cement, which is 41.9 per cent controlled by Holcim, has acquired a 40 per cent stake in the Cambodian cement producer Cement Chakrey Ting for US$24m. Cement Chakrey Ting's cement plant was completed last y...

26 June 2014

PPC - June 2014

PPC Zimbabwe has seen its cement sales fall by five per cent in the first five months of 2014 due to a slowdown in housebuilding. According to Njombo Lekula, managing director, while in the past few years there has b...

26 June 2014

UltraTech Cement - June 2014

The Bombay and Ahmedabad High Courts have given their approval of UltraTech’s acquisition of Jaypee Cement Corporation’s unit in Gujarat, India. The deal includes a 4.8Mta cement plant at Sewagram, a 57.5MW coal-base...

26 June 2014

Dangote Cement - June 2014

Three contractors, including Sinoma Engineering, have been fined ZMW18,000 (US$2965) each for failing to register with the National Council for Construction (NCC) before starting work on Dangote’s new US$450m cement ...

26 June 2014

PT Semen Indonesia - June 2014

Semen Indonesia, which includes subsidiaries Semen Gresik, Semen Padang and Semen Tonasa, saw sales rise 4.5 per cent to 10.5Mt in January to May this year. The company, which is the largest cement producer in Indone...

26 June 2014

Cementos Argos - June 2014

Cementos Argos will be hoping to cash in on Colombia’s surging economy that has been named as the fastest-growing economy in the world in 1Q14, apart from China. Far exceeding analyst predictions, Colombia’s economy ...

26 June 2014

Anhui Conch Cement Co - June 2014

Anhui Conch will welcome news from HSBC that China’s economy is finally showing signs of expansion. According to the bank, its purchasing managers’ index, which measures activity at smaller factories, has reached a r...

26 June 2014

PT Indocement - June 2014

With Indonesia due to hold its presidential elections on 9 July, the country’s cement producers will be bracing themselves for a drop in cement demand if April was anything to go by. According to the Indonesian Cemen...