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Nigeria’s Federal Government makes N5.44bn from sale of cement companies

The Federal Government realised the sum of N5.44bn from the sale of its interests in various cement manufacturing com...

Taiwan Cement and Asia Cement to Raise export quotations

Spot prices for cement has risen 15 per cent globally in the past few months in reaction to price hikes in coal, for ...

Nigeria: cement distributors back importation policy

Distributors of cement said they are in full support of importation of bagged cement into the country instead of lo...

Romania: cement heavyweights set to invest

Having entered the domestic market by acquiring plants built before 1989, the world’s main cement producers are carry...

Malaysia: slight rise in demand for cement this year

Demand has been stagnant since 2003, says the Cement & Concrete Association of Malaysia association (C&CA).

Strabag exits Russian cement venture

Construction firm Strabag SE said Monday it is pulling out of a joint venture with a unit of Basic Element, the holdi...

Eurocement buys into competitor

Eurocement, Russia’s largest integrated building materials group, announced last week that it had bought a 6.5 ...

Markets in freefall

With the Baltic Dry Index (BDI) falling throughout the month and accelerating rapidly as we enter October, all indic...

Minerals Corp forms US ’green’ cement joint venture

Minerals Corporation Ltd has signed a heads of agreement with Oldcastle APG, the North American arm of CRH plc.

Italcementi celebrates 10 years in Lanka

The Italcementi Group has completed 10 years of operations in Sri Lanka, having sold over 2Mt of cement during this p...

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