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Creditors seek to sell Hyundai Cement stake

Creditors of Hyundai Cement seek to sell their majority stake in the South Korean cement producer as early as July, ...

China: West China Cement to agree to Anhui Conch ownership

Yesterday, shares in West China Cement rose nearly six per cent on news that a sufficient majority of option-holders...

Brazil: LafargeHolcim opens new production line in Barroso

LafargeHolcim has begun production at a new line in its Barroso plant in the state of Minas Gerais, Brazil. The new ...

California’s changing climate

King & Spalding show how California is leading the way in legislation to mitigate climate change.

Indonesia: PT Semen Baturaja acquires syndicated plant loan

Semen Baturaja plans an IDR3.32trn (US$245m) unit in Baturaja, Ogan Komering Ulu, South Sumatra and to carry this pr...

Rwanda: rail and energy projects to boost cement demand

The Rwandan government’s announcement of two major infrastructure projects is set to be a boon for the country’s cem...

Iraq promises to remove Iran import ban

Iraq has promised to remove the ban placed on Iranian cement imports, according to Adolreza Sheikhan, secretary of I...

Spain: April cement demand contracts 3.3%

Cement consumption in Spain fell 3.3 per cent YoY in April, slipping to 946,329t, according to Oficemen. The late...

Lafarge Africa appoints new group managing director

Lafarge Africa Plc has announced the appointment of Michel Puchercos as its new group managing director/CEO. A Fr...

Russia: Spassktsement net profit falls to RUB365.25m in 2015

Net profit of Spassktsement OAO fell to RUB365.25m (US$5.45m) in 2015, a drop from RUB1.05bn over the same period in...

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