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Anhui Conch to invest in Myanmar

The Myint Investment Group Co Ltd has joined Anhui Conch Cement Co Ltd from China to upgrade Kyaukse cement factory, Myanmar, to a 5000tpd plant through a build-operate-transfer (BOT) system, acco...
News - 24 November 2014

Nigeria: Lafarge develops 6th cement research centre

Nigeria will soon be joining France, China, Brazil, India and Algeria as host to Lafarge’s development laboratory, which is targeted at developing new solutions and business opportunities to consu...
News - 24 November 2014

Africa's grey gold

As investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear ...
Articles - 24 November 2014

Holcim expects to select buyers for assets by end-Jan

Holcim said it expects to have found buyers for the cement plants and other operations linked to its tie-up with Lafarge by the end of January, and that the merger is on course to be completed by ...
News - 19 November 2014

Lafarge Malaysia's 3Q14 pretax down 54.2%

Lafarge Malaysia reported a 54.2 per cent drop in third-quarter pretax profit on lower revenue and higher operating cost arising from the increase in electricity and fuel prices. Pretax profit f...
News - 19 November 2014

Fitch assigns ‘BB+(EXP)’ to Elementia proposed notes, Outlook Stable

Fitch Ratings has assigned an expected rating of 'BB+(EXP)' to Elementia, SA de CV’s proposed US$400m notes with a maturity of up to 10 years. Proceeds from the notes issuance will be used for ge...
News - 18 November 2014

Oyak Group eyeing Lafarge and Holcim assets

Oyak Group, Turkey’s largest cement producer, has US$2bn in cash for acquisitions and may spend some of it on assets Holcim and Lafarge are looking to shed ahead of their planned merger. The head...
News - 14 November 2014

Lafarge to acquire complete control of Unicem

Lafarge Nigerian Cement Holdings said on Monday it had entered into an agreement with Flour Mills of Nigeria to purchase a 30 per cent stake in United Cement Company of Nigeria Ltd (Unicem). The ...
News - 11 November 2014

Buzzi Unicem's US profits grow

Buzzi Unicem's turnover for the first nine months edged ahead by 0.2 per cent to EUR1898.7m while EBITDA improved by 10.8 per cent to EUR302.5m. The trading profit was ahead by 15.1 per cent to...
News - 10 November 2014

ICR November: Interview with Mohamed Chaïbi, Ciments du Maroc

The November issue of ICR opens with a timely interview with Mohamed Chaïbi , President of the Moroccan cement association (APC), to coincide with the AUCBM’s annual conference and exhibition whi...
International Cement Review Editor's Blog - 07 November 2014