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Unacem buys Cementos Portland for US$28m

Peru-based Unacem has acquired Cementos Portland for US$28m from Cementos Bío Bío and Votorantim. Unacem, which o...

Expansion project of Maple Leaf Cement on the track

Maple Leaf Cement Factory Ltd has updated the Pakistan Stock Exchange about progress on it expansion project. Accord...

Lafarge suffers loss on high tax payment

Lafarge Cement Zimbabwe reported a loss of ZWD1174m (US$4.9m) for 1H18 due to a significant tax settlement. In 20...

Attock Cement revenue increases in 1QFY19

Attock Cement Pakistan Ltd (ACPL) has announced its 1QFY19 results. It reported a net profit after tax of PKR423m (U...

Egypt's National Cement Co to be liquidated

The Egyptian government has decided to liquidate National Cement Co due to continued financial losses and debt accum...

Raysut Cement 9M profit falls

Raysut Cement Co reported revenues in the first nine months of 2018 were OMR64m (US$166.5m), representing a17 per ce...

Emami Cement files IPO prospectus

Emami Cement has filed a prospectus with market regulator Sebi to raise up to INR10bn through an IPO, according to a...

IMIDRO chairman resigns

Mehdi Karbasian, the chairman of the Iran Mines and Mining Industries Development and Renovation Organisation (IMIDR...

Cement consumption in Morocco up 20% in September

Cement sales in Morocco increased by 20.1 per cent YoY to 1.043Mt in September 2018 from 0.688Mt in September 2017, ...

Norway's CCS funding from EU receives cautious backing

Norway is attempting to give carbon capture and storage (CCS) a new start with an updated concept focussed on develo...

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