Oman Cement’s profits swell
In the first nine months of 2023, Oman Cement Co (SAOG) ( Hauxin Cement Group ) earned profit after tax of OMR7.355m (US$19.1m), compared to OMR4.638m in the corresponding perio...
Expansion
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Dandot Cement is still under BMR
For the quarter that ended 30 September 2023, Pakistan’s Dandot Cement Co Ltd incurred a loss of PKR69m (US$0.24m) as it remained under the modernisation phase and posted no rev...
Inauguration of Sokoto plant expansion by January 2024
BUA Cement has revealed its plan to inaugurate its Sokoto plant expansion by January 2024. Abdulsamad Rabiu, the Chairman of BUA Group , made this announcement during his visit ...
Campulung modernisation is completed
KHD has successfully delivered upgrades to the pyroprocessing and cement grinding lines at Holcim Romania ’s Campulung cement plant . The project increases clinker production ca...
Seven Rings Cement used to build new airport terminal in Bangladesh
Seven Circle Bangladesh Ltd of Bangladesh announced that it supplied 333,000t of cement and approximately 1.27Mt of the aggregates for the newly-built terminal of Shahjalal Inte...
Shree Cement approves NCDs to fund expansion
Shree Cement has approved plans to raise INR7000m (US$84.11m) through the issue of non-convertible debentures (NCD) on a private placement basis. According to Realty, the secure...
Argos MD forecasts further investments in the USA and Caribbean
Juan Esteban Calle, MD of Argos SA has revealed that the company is looking to invest in the USA and nearby markets to increase imports. “In the United States, we are making a s...
JSW Cement reveals IPO plans to fund expansion
JSW Cement is planning to launch an initial public offering (IPO) in 2024 to raise INR40,000m (US$483.8m) to fund its ongoing expansion plans, reports Live Mint. “In 2024, we ar...
Construction of Lebap expansion completed
The construction of the second phase of Turkmen Cement 's Lebap cement plant in Koytendag, Turkmenistan, has been completed, reports Trend News Agency. The 1Mta expansion was ca...
UltraTech commissions 1.3Mta expansion in West Bengal
UltraTech Cement has commissioned its 1.3Mta brownfield cement capacity expansion at Sonar Bangla , West Bengal, taking the plant’s total capacity to 3.3Mta. This marks completi...