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Dalmia Bharat-led bid approved by lenders

Lenders to the bankrupt Binani Cement have decided that a a Dalmia Bharat-led bid would be allowed, thereby overruli...

The Ministry of Coal cancels mining licence

India's Ministry of Coal has cancelled the mining licence for the Mandla South coal block won by Jaypee Cement, foll...

Cementir announces 13% EBITDA rise in 2018

Cementir reported a 10.9 per cent increase in revenues to EUR1.14bn in 2017 from 1.028bn in 2016. EBITDA advanced by...

Loma Negra 4Q17 net revenue rises by 57%

Loma Negra (InterCement group) announced its results for the three- and 12-month periods ended 31 December 2017 with...

BJP government to conduct vigilance probe into land transfer

The Bharatiya Janata Party (BJP) government in Haryana, India, has decided to conduct a vigilance probe into the tra...

Costa Rica considers imposing 5% cement tax on net sale price

The Costa Rican Legislative Assembly is to discuss proposing a five per cent tax on imported and locally-produced ce...

Three Cemex USA quarries win NSSGA awards

Cemex USA's FEC Quarry in Miami won the National Stone, Sand & Gravel Association (NSSGA) 2018 Platinum Award for Ex...

A path towards value creation - part 2

Following on from the first part of this article (ICR February 2018/ CemNet 28 February 2018 ), McKinsey & Co establ...

US cement shipments reach 6.3Mt in December

Total shipments of Portland and blended cement in the USA and Puerto Rico grew by 3.5 per cent YoY to 6.3Mt in Decem...

Sit-in at Egypt's National Cement prompts Parliamentary investigation

Egypt's National Cement Company is to be investigated after parliament decided it must resolve the dispute that has ...

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