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Lafarge Republic gets go-ahead for plant expansion

Lafarge Republic has secured approval from its board of directors to expand its plant in Norzagaray, Bulacan, to kee...

Semen Indonesia plans IDR4trn capex in 2014

Semen Indonesia plans to spend IDR4trn (US$328.81m) to construct two plants in Rembang (Central Java) and Indarung (...

JP Morgan Cazenove upgrades Holcim

JP Morgan Cazenove has upgraded Holcim to 'neutral' from 'underweight' and raised its price target to CHF71 from CHF...

Fitch affirms Siam Cement ratings, outlook Stable

Fitch has affirmed Siam Cement Co's (SCC) National Long-Term Rating at 'A(tha)', National Short-Term Rating at 'F1(t...

Martin Marietta to take over Texas Industries

Martin Marietta Materials, currently the fourth-largest US aggregates producer, is making an agreed, all-share offer...

Spanish cement demand drops 19% in 2013

The Spanish cement market contracted by a further 19.2 per cent in 2013, bringing national cement consumption to 10....

Cargotec wins Siwertell cement handling order in South Korea

Koryo Fly Ash Cement Company in Seoul, South Korea, has placed an order with Cargotec for a standard 10 000 S road-m...

Indonesian demand expected to rise by 6-7%

Indonesian cement consumption is expected to grow at a similar rate to 2013 despite cement price increases, as produ...

Cimko to receive IFC loan, euro syndicated loan

The IFC is to provide a long-term financing package to Turkish cement producer Cimko to back investments in the re...

Holcim Romania appoints new director general

Francois Petry has been appointed director general of Holcim Romania, effective 1 February 2014, replacing Daniel Ba...

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