International

25 July 2014

ACC net profit down 7%, improving demand outlook

India’s second-largest cement producer, ACC, reported a seven per cent decline in profit for the second quarter of the year as operational costs continued to rise. However, improvements on the demand front were noted, a trend which the Holcim group company expects to continue. During...

25 July 2014

Sinai Cement awards FLSmidth contract to prepare for coal usage

Sinai Cement Co (SCC) has awarded FLSmidth, the contract to provide the equipment to facilitate the use of coal, Daily News Egypt has reported. The Egyptian-based cement producer also said it would partner with loc...

24 July 2014

Philippine cement sales growth continues

Cement sales in the Philippines rose 3.2 per cent in the second quarter of this year, underpinned by public works projects and private sector construction activity. Latest figures from the Cement Manufacturers Ass...

24 July 2014

Algeria: Cevital to build 8Mta cement plant

The Cevital group, owned by Issad Hebrab, plans to build a greenfield cement plant in Algeria. The country’s National Investment Council has validated the project and technical studies have started, according to Mr H...

23 July 2014

Lafarge Surma signs grinding supply agreement with Metrocem, Bangladesh

Lafarge Surma Cement has signed a contract to supply Metrocem Cement Ltd with clinker from its integrated cement plant in Bangladesh. Under the agreement, Lafarge Surma Cement will provide high-quality clinker to Me...

24 July 2014

NORM inaugurates Qizildas works, Azerbaijan

NORM Sement has marked the official launch of its 2Mta greenfield Qizildas cement works with an inauguration ceremony attended by Ilham Aliyev, President of Azerbaijan. Cement production at Norm’s 2Mta plant, locate...

22 July 2014

Carthage’s turnover increase fourfold in first six months

Turnover by Tunisia’s newest cement producer, Carthage Cement, amounted to TND101,836m (US$59m), up 419 per cent compared to the same period of last year. Clinker and cement sales totalled TND19.262 and TND64,060, ...

22 July 2014

Qatar demand slows during Ramadan

Cement demand in Qatar has dropped by 40 per cent during Ramadan, prompting the country’s largest cement producer to undertake maintenance work during the slowdown. Speaking to The Peninsula, Mohamed Al Sulaiti, g...

22 July 2014

Rep Congo: Sonocc threatens to cease Brazzaville supply

Société Nouvelle des Ciments du Congo (Sonocc) has threatened to stop the flow of product to Brazzaville, Republic of Congo, after the government proposed a decrease in the cement price following the increase of VAT ...

22 July 2014

Venezuela signs cement plant agreement with China

Venezuela and China signed a framework agreement for the installation of a new cement plant in the state of Lara, Venezuela, which is expected the basis for the installation of a further works. This will increase cem...

18 July 2014

Lafarge acquires Kercim grinding plant, France

Lafarge has acquired Ciments Kercim's grinding plant, located in the bulk terminal port of Nantes-Saint-Nazaire, western France. The 0.6Mta Kercim facility, launched in spring 2013, had been led by Jean-Marc Doman...

18 July 2014

Tanga Cement and TANESCO sign power supply agreement

Tanga Cement Company and Tanzania Electric Supply Company (TANESCO) have signed a power supply agreement that ensures the cement producer receives 40MVA through a substation in Pongwe, Tanga. Deklan Mhaiki, TANESCO...

18 July 2014

Ashaka to fast-track Gombe plant expansion, Nigeria

The board of directors of Nigerian producer Ashaka Cement plc, with the support of parent company Lafarge, has agreed to fast-track the expansion of its US$617m cement plant in Gombe state. Guillaume Roux, CEO of L...

18 July 2014

Semen Indonesia increases Vietnam spend

Semen Indonesia has increased the amount it plans to spend on its next Vietnamese acquisition as it sets its sights on a higher-capacity purchase. Speaking to the Jakarta Globe, president director Dwi Soetjipto sai...

17 July 2014

Cemex heading towards strong earnings rebound

Cemex is expected to post a significant rebound in pretax earnings for the full year, driven primarily by the US recovery and an anticipated pick-up in Mexican volumes and pricing, according to JP Morgan forecasts. ...

17 July 2014

Change of Country CEO at Lafarge South Africa

Lafarge South Africa has announced that Kenneth MacLean has been appointed Country CEO, replacing Thierry Legrand who has taken up a new position at the Lafarge’s headquarters in Paris. After being with Lafarge Sout...