Caribbean Cement secures loan to pay US$ debt
Jamaica's Caribbean Cement Co Ltd and its mining subsidiary have secured a five-year JMD3bn (US$23.53m) loan from National Commercial Bank Jamaica to pay back a US dollar debt. ...
Expansion
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JSW Cement to look at inorganic growth
India's JSW Cement has announced that it will be looking at inorganic expansion to reach its target of increasing capacity to 20Mta by 2020. The ongoing bad-loan resolution proc...
Ramco Cements to spend INR8.5bn on plant expansion
India’s Ramco Cements is investing INR8.5bn (US$120m) to increase capacity at its facility in Jayanthipuram, Andhra Pradesh, by 1.5Mta and construct a 27MW WHR system. The proje...
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...
Germany: spending spree ahead? Premium
The need for Germany to begin spending its accrued budget surplus on infrastructure projects and housing is starting to weigh heavily on the new government. The cement industry ...
JSW Cement's growth plans
This week ICR reported on JSW Cement's project to construct a new 1.2Mta grinding plant in Kalinganagar Industrial Complex in Jajpur, Odisha, India. The Indian cement company ha...
JSW Cement's growth plans
This week ICR reported on JSW Cement's project to construct a new 1.2Mta grinding plant in Kalinganagar Industrial Complex in Jajpur, Odisha, India. The Indian cement company ha...
Lafarge Africa receives shareholder approval for NGN90bn rights issue
Lafarge Africa has received shareholder approval to raise NGN90bn (US$246.93m) of capital through a rights issue and to restructure its short-term shareholder loan. “The additio...
Power Cement secures investment for plant upgrade
Arif Habib Corporation Ltd (AHCL) has called extra ordinary general meeting on 26 September to make an additional investment of US$11m in Power Cement Ltd (PCL), an associated u...
Akhangarancement begins construction of 3Mta kiln line
Akhangarancement, a subsidiary of Eurocement (Russia), has started preliminary stages of the construction of a new dry process 3Mta kiln line in Uzbekistan. Construction is movi...