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Four bid for Nigerian stake in Benin cement plant

Lafarge is one of four bidders competing for Nigeria’s 43 per cent stake in a cement plant in neighbouring Beni...

Sales of cement increases in Venezuela

Domestic sales of cement in Venezuela totaled 1.54Mt in the first quarter of this year boosted by the construction se...

President Obasanjo to commission Dangote cement factory, Nigeria

President Olusegun Obasanjo will on May 12, formally commission the first phase of the multi billion naira Obajana Ce...

Cemex extends Rinker bid, perpetual to accept offer

Cemex has won over Rinker Group Ltd’s biggest shareholder in its $18bn bid for the Australian building material...

Pakistan cement sales up 33% in first 10 months

Pakistan local producers sold 19.73Mt in the first 10 months of the current fiscal, rising by 32.95 per cent from 14....

Kuwait Cement Q1 net profit more than triples

Kuwait Cement posted a first-quarter profit of 15.6 million dinars ($53.96m), up more than threefold from the same pe...

Binani Cement taps market, India

Binani Cement has entered the capital market with a public issue of 2.05 crore equity shares of Rs. 10 each. The issu...

New plants in UAE set to ease shortages

The cement shortage affecting the UAE’s construction industry, and which has seen prices rocket, should ease sh...

Iran ups cement output

Iran is set to produce around 42Mt of cement in the current Iranian year, which began on March 20, up from 35Mt last ...

Some relief in cement prices, India

Finance Minister P Chidambaram’s efforts to bring down cement prices have finally borne fruit as cement manufac...

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