Cemex and CBMI sign contract for Solid line
Cemex Philippines has signed a contract with CBMI for the construction of a new kiln production line in the Philippines. The contract involves the design and engineering works o...
Expansion
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Eagle Cement Corp prices IPO at PHP15
Eagle Cement Corp has priced its initial public offering (IPO) at PHP15 (US$0.30)/share, following the recent approval of its public listing by the Philippine Stock Exchange (PS...
Semen Baturaja reports IDR259bn net profit in 2016
Indonesia state-owned cement producer Semen Baturaja reported an IDR259bn (US$19.4m) in net profit last year, ANTARA News reports.
Lucky Cement 9MFY16-17 profit and volumes increase
Lucky Cement achieved a profit before tax of PKR14.668bn (US$140.2m) during the first nine months of FY16-17 compared to the PKR13.395bn recorded in the same period a year earlier.
India: Shree Cement granted ToR for Karnataka plant expansion
Shree Cement has been granted terms of reference (ToR) by the Environment Ministry to expand its plant in Kalaburagi district of Karnataka.
IFC considering equity injection in Myanmar cement plant expansion project
The International Finance Corp (IFC) is considering an equity injection into the brownfield expansion of Shwe Taung Cement Co's cement plant at Pyi Nyaung village, Myanmar . Shw...
Pakistan: Gharibwal Cement's energy-generating conveyor is operational
Gharibwal Cement Ltd informed Pakistan Stock Exchange (PSX) that its downhill conveyor belt project has now started commercial operations.
Uganda: two new plants in Tororo by 2018
After previously only being home to one cement plant (Tororo Cement), 2018 will see Tororo District welcome at least two new plants.
Maple Leaf Cement to raise cement capacity
Maple Leaf Cement Factory Ltd (MLCF) was in the news this week when FLSmidth announced it had secured an EPC contract for a new 7300tpd third line at Daud Khel in Iskanderabad,
Nigeria: BUA set to complete 1.5Mta Sokoto expansion by 3Q17
BUA Group subsidiary, CCNN, expects the construction of its new 1.5Mta line at the Sokoto plant to be complete before the 3Q17. Founder and Executive Chairman of BUA Group and C...