A new wave of Asian overseas expansion?
This week CemNet reported on the announcement that Taiwan Cement is creating a new subsidiary, Dutch TCC Holdings, investing up to US$1.1bn in the new company. Dutch TCC Holding...
Asia
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GCCA expands to 16 members
The Global Cement and Concrete Association (GCCA) expanded to 16 members last month, adding companies from Europe, South America and Asia. Buzzi Unicem, Cementos Argos, Cementos...
Cementir bets on US for 2018-20 revenue targets
Cementir will seek long-term value creation by doubling earnings per share by 2020 compared to 2017, announced Francesco Caltagirone, chairman and CEO of the Italian cement prod...
Attock Cement reports flat 4Q earnings, full-year rise
Pakistan cement producer Attock Cement posted flat net earnings in 4QFY17 of PKR796m (US$7.5m) against the same period of last year, the company said in a note to the Pakistan S...
Kohat seeks environmental clearance for expansion project
Kohat Cement Company is seeking environmental clearance for the construction of 7800tpd in additional capacity at its plant in Kohat, northern Pakistan.
West China Cement sees improved operating environment
West China Cement Ltd and its subsidiaries reported on an improving operating environment in the first half of 2017 with sales volumes in the Shaanxi province remaining stable w...
Ramco Cements to increase grinding capacity
India-based Ramco Cements has embarked on an investment project to increase its grinding capacity in West Bengal and set up a new facility in Odisha.
Pakistan achieves monthly sales high
Pakistan achieved record monthly sales in July, increasing by 44 per cent YoY to 3.382Mt during the month led by robust growth in domestic demand.
Potential impacts of Pakistan capacity build
Pakistan cement producers have embarked on an ambitious expansion phase but could this fast-paced capacity build up be leading to a potential supply glut and a reduction in comp...
UltraTech to build Madhya Pradesh plant
Indian cement major UltraTech plans to establish an integrated cement plant in Madhya Pradesh with a capacity of 3.5Mta.