Egypt: South Valley to invest in expansion, coal usage
South Valley Cement is due to sign a contract for a five-year long-term loan agreement worth EGP1.2bn (US$172.4m) from the Arab African Bank to increase production capacity and ...
Energy Fuel & Power
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Pakistan: DG Khan second-quarter profit rises
DG Khan, one of Pakistan's leading cement producers, posted a 14 per cent YoY rise in profit during 2QFY14 to PKR1.61bn but higher power costs affect gross margins.
Lafarge awaits gov't decision on petcoke usage, Egypt
Lafarge has been ordered by Egypt’s Ministry of State for Environmental Affairs (MSEA) to halt its preparations to build storage units for petcoke, according to a statement by t...
Cimko to receive IFC loan, euro syndicated loan
The IFC is to provide a long-term financing package to Turkish cement producer Cimko to back investments in the ready-mix concrete segment and energy efficiency, the internation...
Bolivia: gas deal for Yacuses plant
A cement plant in Yacuses, Bolivia, being constructed by Itacamba has received government authorisation to take delivery of natural gas to fire its new kiln line. Yacimientos Pe...
Pakistan production costs set to increase
Pakistan cement producers fear further production costs increases after the Gas Infrastructure Development Cess (GIDC) has been increased from PKR50/mmbtu to PKR100.
US energy efficiency update
US cement industry energy consumption in 2012 decreased by 2.1 per cent against 2011 levels, the recently released annual Labor-Energy Input Survey by the PCA indicates. This en...
Nuh Cimento subsidiary sells stake in electricity producer, Turkey
Nuh Cimento announced that its Nuh Enerji Elektrik energy subsidiary has agreed to sell its 100 per cent stake in electricity producer Pamuk Elektrik to Haldiz Insaat Otomotiv, ...
Germany: Renewable Energy Sources Act feared by cement sector
The Renewable Energy Sources Act (EEG) is expected to be detrimental to the production of the German cement industry as well as presenting considerable risks to the sector's com...
Dangote to commission Zambia power plant by end-1Q14
The Dangote Group will commission a US$50m power plant in the first quarter of 2013 to supply its factory currently under construction in Ndola, Zambia Anand Kameshwar, company ...