Semen Baturaja raises investment spend
Semen Baturaja is having to increase investment for its new cement plant in South Sumatra to IDR2.9m (US$253m) from the original IDR2.6trn as the weaker rupiah has raised the co...
Capex
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Semen Gresik sets US$400m for 2013 capex
Indonesia’s largest cement producer PT Semen Gresik has set US$400m in capital expenditure for its corporate business activities, according to its president Dwi Soetjipto.
Egyptian Steel ventures into cement
The Qatari-Egyptian steel producer Egyptian Steel will be investing around US$250m in a new cement works. The venture will seek to acquire a cement licence out of the seven the ...
EBRD mulls loan to Lafarge Serbia
The European Bank for Reconstruction and Development (EBRD) said on Friday it is considering providing EUR58m (US$75m) in financing to Serbian cement producer Lafarge Beocinska ...
Holcim: October ‘12
Holcim is planning a considerable investment in modernising its Volsk works in Russia, which is currently using a wet process production system. Work is expected to start during...
Italcementi: October ‘12
Italcementi is investing €150m to restructure its Rezzato works.
Lafarge wins rail freight ‘Oscar’ for Northfleet reconnection project
Lafarge is celebrating after picking up the highest accolade at the Rail Freight Group’s Awards for its Northfleet rail reconnection project in northwest Kent. At a prestigious ...
Siam Cement’s board approves investment budget, Thailand
Thailand’s leading industrial conglomerate Siam Cement Group said its board has approved plans to invest about THB150-200bn (US$4.8-6.4bn) over the 2013-17 period. Most of the i...
Taiwan Cement to invest in strengthening position in China
Taiwan Cement Co (TCC) is to invest TWD9bn (US$300m) annually over three years in China to achieve a production capacity of 100Mta by 2016, according to the company’s head.