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ARM in talks with international institutional investor

Kenyan producer ARM Cement is in ongoing talks with a strategic investor to support its expansion plan. The investme...

New Cameroon plant agreement signed

The Switzerland-based Mira company is reportedly looking to construct a new cement plant in Douala, Cameroon, under ...

Cimpor sells a minority stake in Paraguay producer

Cimpor has sold a 16 per cent stake in Ygauazu Cementos of Paraguay for a total of EUR32m, the company announced in ...

Brazil November sales update

Preliminary industry data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) indica...

Hahn & Company to buy Ssangyong Cement

Hahn & Co, Korea’s leading private equity group, has been selected as the preferred bidder for a 46.14 per cent stak...

Saudi Cement shuts down two kilns

Saudi Cement Co has closed down two kilns indefinitely as a result of high inventory, absence of growth in Saudi dem...

Cementir outbids Buzzi to buy Sacci

Shares of Italian cement group Buzzi Unicem fell after Cementir outbid its offer for the cement and ready-mix concre...

Cimpor sells quarries in Brazil

Polimix Concreto, Ltda., a Brazil-based producer of cement and concrete products, has acquired the Guarulhos and Bar...

Shansui Cement management in turmoil

China Shanshui Cement Group, which last month defaulted on a CNY2bn bond and saw its entire board ousted early this ...

Jaypee Group’s cement assets up for grabs

Jaypee Group is planning for an outright sale of its 20Mt portfolio of cement assets worth an estimated INR190 (US$2...

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