RAM reaffirms Lafarge Malaysia ratings on strong business and financial profile
RAM Rating Services has reaffirmed the ratings of Lafarge Malaysia Bhd’s debt notes based on the strong business and financial profile.
Expansion
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Ang plans to increase capacity in the Philippines
Philippine businessman Ramon S Ang plans to expand capacity of his privately-held Eagle Cement Corp as well as construct two new cement plants in the country. In an interview pu...
Approval for Mitsubishi terminal expansion, USA
The Long Beach Board of Harbor Commissioners approved the Mitsubishi Cement facility modification Project last week, which will allow the company to meet increasing regional dem...
Cemex to double capacity at Luzon cement plant, Philippines
Cemex announced yesterday that it is undertaking a new US$300m investment in the Philippines involving the construction of a new 1.5Mta line at is Solid Plant in Luzon. The inve...
CIMERWA unveils new corporate identity, Rwanda
Rwanda's largest cement producer, CIMERWA, last week unveiled its new corporate identity and product packaging ahead of the completion of its expansion project later this year. ...
Cemex completes Apo Cement expansion
Cemex Philippines has inaugurated a new PHP3bn (US$67.3m) cement mill at its Apo Cement plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country. Pre...
Algeria: GICA to increase capacity to 18.5Mta by end-2017
State-owned Groupe Industriel des Ciments d’Algérie (GICA) will invest DZD154bn (US$1.6bn) to increase its production by from 11.5Mta currently up to 18.5Mta by the end of 2017....
Cemex to bring forward Caracolito expansion, Colombia
Cemex is bringing forward the expansion of Caracolito plant in Colombia, the corporate affairs vice-president of the company’s Mexican division has said. Daniel Suarez told loca...
TPI Polene: solid growth prospects
TISCO Securities has reinitiate coverage of Thai cement producer TPI Polene with a ‘Buy’ based on exciting growth prospects.
Southern Province Cement starts trial operations of new line
Southern Province Cement (SPC) on Monday launched trial operations of a third production line at its plant in Tuhama, Saudi Arabia, the company said in a bourse filing. Without ...