Ghana: Dangote aims to speed up expansion work
Dangote Cement Ghana Ltd hopes to quickly complete its new plant being built in Takoradi and in addition to the expanded facility in Tema to increase its silo capacity beyond th...
Expansion
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Pakistan: producers eye northern construction growth
This week saw further evidence of resurgent growth in Pakistan’s cement industry as dispatches rose 10.6 per cent YoY. With the All Pakistan Cement Manufacturers Association (AP...
PPC
Shares in PPC have plummeted following the company’s announcement that it is preparing a capital raising of up to ZAR4bn (US$256m), whilst also revealing it is in talks with a c...
Pakistan: Attock Cement receives PKR7bn to finance expansion
Attock Cement Pakistan Limited (ACPL) has achieved another milestone of success by signing financial close amounting to PKR7bn (US$66.85m) to part finance new production line of...
Lafarge halts EUR20m investment in Sagunto plant, Spain
The management of Lafarge yesterday made public its decision to halt the expansion of its quarry and its plant at Sagunto, Spain, due to “the uncertainty created by the new loca...
ACC full-year volumes impacted by mine closure, slow economic start to year
ACC Ltd, part of the LafargeHolcim group, reported a 2.4 per cent decline in 2015 sales volumes to 23.62Mt due to the temporary closure of mines serving its Chaibasa and Bargarh...
Southern Province Cement Line 2 due for end-June completion
Work on Southern Province Cement's second production line at its Bishah plant in Saudi Arabia has been delayed, according to a company statement to the Saudi bourse. The company...
India: Shree Cements reports 10% rise in quarterly net profit
Shree Cements reported a 10 per cent rise in standalone net profit at INR10.286bn (US$0.151m) for the quarter ended 31 December 2015 compared to a profit of INR9.368bn a year ea...
Fitch upgrades Grupo Cementos de Chihuahua's ratings to 'BB'; outlook Stable
Fitch Ratings has upgraded Grupo Cementos de Chihuahua (GCC) local and foreign currency Issuer Default Ratings (IDRs) to 'BB' from 'BB-'. Fitch also upgraded GCC's US$260m senio...
Pakistan: Attock Cement selects Hefei for new plant
Attock Cement Pakistan Ltd has awarded a contract to Hefei Cement Research and Design Institute (China) for a new 4000tpd plant in Hub, Balochistan, the cement producer said. "T...