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India’s JK Lakshmi Cement drops Egyptian expansion plans

North India-based J K Lakshmi Cement has dropped its plan of last year to acquire a cement company in Egypt.


Hail Cement to sell shares, Saudi Arabia?

The Capital Market Authority (CMA) has recently announced the offering dates for the initial public offering (IPO) of...

Public sector cuts finally start to bite, UK

The latest Construction Trade Survey published today, shows that the cuts to public spending, announced by the govern...

Loma Negra investment plans, Argentina? ?

Argentine cement maker Loma Negra – controlled by Brazil’s Grupo Camargo Correa – will invest US$404m in Argent...

Kenya Athi River 1H profit rises, demand strong

Kenya’s Athi River Mining posted a 23 per cent rise in half-year pretax profit and said demand for cement

Buzzi Unicem expects a better second half

Buzzi Unicem’s first half turnover improved 9.1% to €1339.4m, but the EBITDA still came down by 3.2% to €183.1m. For ...

Cementos Bío Bío in debt restructuring plan, Chile

Cementos Bío Bío (CBB) – the company controlled by the Briones family – is in full process of debt

LSR Group retains Fitch rating, Russia

Fitch ratings has affirmed OJSC LSR Group’s (LSR) Long-term foreign currency Issuer Default Rating

Carib Cement gets 18-month moratorium under debt deal

The Trinidad Cement Limited (TCL) debt restructure deal will result in an 18-month debt moratorium for

Vicat’s strong performance in Turkey and India

Vicat’s first half turnover rose by 16.4% to €1,146.2m, which represents a 10.7% increase on a

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