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Cement prices increase during shortages

The recent building boom in and around Durban has led to a shortage of cement in the city, with the problem worsening.

GCC improves debt profile

Grupo Cementos de Chihuahua S.A. de C.V. (GCC) announced that it has fully repaid its $1,200m peso bond that was issu...

Portland to Sell More Shares

Investment Secretary Esther Koimett is expected to kick-start the process that will culminate in sale of more East Af...

Lafarge speculation wanes as Frere stake mounts Lafarge Speculation Wanes As Frere Stake Mounts

Belgian investor Albert Frere continues to ease his holding in French cement giant Lafarge SA upwards but a full-blow...

Malaysia’s CIMA says Vicat’s offer for units remains valid until Jan 30

An offer by French cement firm Vicat to acquire equity interests in five of Cement Industries of Malaysia Bhd (CIMA)&...

Lafarge finalises R1.1bn BEE deal

French construction materials group Lafarge said on Friday that it had concluded the R1,1-billion broad-based socio e...

Gresik November cement sales up 44%

PT Semen Gresik’s cement sales in November grew 44 per cent YoY on the back of a 50 per cent increase in domest...

Zambia falls short of cement as economy grows

Zambia is experiencing a critical shortage of cement prompting traders to increase prices.

New clinker production capacity at CEMEX´s Yaqui cement plant, Mexico

Humboldt Wedag Inc., Norcross GA, USA, a member of the KHD Humboldt Wedag Group, has been selected by CEMEX for a con...

No clear direction over last week

In the same tango ballet that we have been looking at for a couple of months, freight rates have again danced on th...