Chinese company signs MoU for Namibian plant
China-based Asian and African Business Management has signed a Memorandum of Understanding with Namibian company Whale Rock Cement for a US$350m cement plant. The signing ceremo...
Greenfield
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India: Orient Cement reports on 'challenging' second quarter
Orient Cement reported a 35.4 per cent YoY decline in 2QFY16 net profit to US$4.32m due to lower income and higher expenses and finance costs. Net sales for the three months to ...
State-owned Indonesia producers plan Kupang plant
State-owned Indonesian cement producers PT Semen Indonesia and PT Semen Kupang are planning to build a new cement factory in Kupang, in the eastern province of East Nusa Tenggar...
Lucky considers increasing northern exposure
Lucky Cement plans to build a new cement plant in the north region of the country to meet growing demand, a senior company official said on Friday. "Yes, we have planned to set ...
Vicem Hoang Mai Cement plans new plant, Vietnam
Vicem Hoang Mai Cement JSC has announced plans to build a cement factory at an estimated cost of VND10.8trn (US$480m) in the central Vietnam province of Nghe An. The Hoang Mai C...
Huaxin Cement to launch 5Mta project in Kazakhstan
Shanghai-listed Huaxin Cement Co, Ltd will erect a cement project with a capacity of 5Mta in Kazakhstan. The new dry-process cement production line will start construction by th...
Medcem's single-line ambition Premium
The Medcem cement plant, a greenfield investment by the Eren Holding Group, launched operations earlier this year to become the latest addition on the Turkish cement production ...
Guatemala: Fitch affirms Cementos Progreso IDRs, Outlook Stable
Fitch Ratings has affirmed Cementos Progreso SA's (Cempro) Issuer Default Ratings (IDRs) at 'BB+'. The Rating Outlook is Stable. Cempro's 'BB+' ratings reflect the company's lea...
Kenya: West Pokot plant construction poised for 2016 start
Construction work on a long-awaited cement plant in West Pokot County, Kenya, is due to commence early next year, company officials have confirmed. Cemtech Ltd, a subsidiary of ...
Siam City Cement to set up Cambodian JV
Thailand-based Siam City Cement (SCCC) has approved a plan to set up a joint venture with Chip Mong Group to operate a cement plant in Cambodia.