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....
Expansion
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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 ...
Sri Lanka: Tokyo Cement plans expansion project
Sri Lanka-based Tokyo Cement plans to invest US$50m on a capacity expansion of 1Mta to help cater for local demand requirements. The group has already formed a new subsidiary un...
Cherat’s first-half boosted by domestic deliveries
Cherat’s Cement’s domestic sales increased by 10 per cent during the first half of the current Pakistan fiscal boosted by strong construction activity. Total dispatches over the...
Northern Cement Jordan to install new line
Saudi Arabia's Northern Cement Co said Thursday that Jordan-based Northern Cement-Jordan, in which it holds 99.35 per cent, has decided to install an additional clinker producti...
Indocement sees volumes rising 6% YoY
PT Indocement Tunggal Prakarsa expects volumes to grow six per cent this year, reported Kontan, citing CEO, Christian Kartawijaya. The HeidelbergCement group reported cement sal...
Cementos Argos in expansion mode
Cementos Argos will be expanding its business in 2015 with investments of over US$400m, according to Jorge Mario Velásquez, president of Argos.
UltraTech Cement
Following its acquisition last month of two cement plants and related power assets from Jaiprakesh Associaties Ltd in Madhya Pradesh, UltraTech Cement Ltd has announced further ...