Nepal: Hetauda Cement sees improved pricing environment
Nepal-based cement producer Hetauda Cement Factory recorded a profit of NPR40m (US$382,292) in the last fiscal year and is now targeting a profit of NPR200m in the current fisca...
Asia
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The world in 2016 and outlook for 2017
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era ...
Cemex divests of Bangladesh and Thailand units, potential sale of minority stake in Philippine assets
Cemex announced yesterday that it has signed an agreement for the sale of its operations in Bangladesh and Thailand to Siam City Cement Co for approximately US$53m. Meanwhile, C...
Domestic sales drive Pakistan dispatch growth
Pakistan cement dispatches increased by 6.38 per cent to 21.3Mt in the first seven months of the current fiscal compared to 20Mt in the corresponding period of FY14-15, accordin...
Philippines: double-digit rise in cement sales
Cement sales in the Philippines increased by a strong 14.4 per cent YoY in 2015 to 24.36Mt, according to figures by the Cement Manufacturers' Association of the Philippines (CeM...
LafargeHolcim planning potential disposal in South Korea
Glenwood Private Equity is in talks to buy South Korea-based Lafarge Halla Cement in cooperation with Eugene Group, the country’s largest ready-mixed concrete manufacturer, and ...
Taiheiyo Cement's Singapore additions
Taiheiyo Cement, which operates a cement terminal in Singapore through Singapore Cement Manufacturing (SCMC), a joint venture with Singapore-based Hong Leong Asia Ltd, announced...
PCA: 'global cement consumption on the rise'
Global cement consumption is expected to grow through 2015 and 2016, with North America leading recent gains in the developed world, according to a report released by the Portla...
Indian output down 2.4% in April
The output of eight core industries in India contracted for the second consecutive month in April, on poor performances by the cement, electricity, natural gas refinery products...
Domestic demand buoys Pakistan dispatches in first 10 months
A total of 29Mt of cement was dispatched during the first 10 months (July 2014 - April 2015) of the current Pakistan versus 28Mta in the same period of last year due to a rise i...