Tongling Shangfeng to enter Kyrgyzstan
Tongling Shangfeng Cement, a subsidiary of Gansu Shangfeng Cement, has signed a letter of intent to acquire an equity stake in Zeth Cement of Kyrgyzstan.
Greenfield
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Pokot factory nearing construction phase, Kenya
Construction is expected to start on the Pokot Cement Factory as the establishment of preliminary facilities gets underway.
Mongolia: Senj Sant receives EBRD loan
The European Bank for Reconstruction and Development (EBRD) has signed a deal to loan Senj Sant US$65m for a new greenfield cement plant in southern Mongolia, about 450km from t...
McInnis Cement completes financing for Port-Daniel plant, Canada
McInnis Cement has announced the completion of the financial structure for its cement plant in Gaspé, Canada. National Bank of Canada, as sole bookrunner of the bank syndicate, ...
Talks held on proposed Russian Karachay-Cherkessia plant
Rashid Temrezov, the head of Karachay-Cherkessia Republic, and Filaret Galchev, a member of the board of directors of Eurocement Group, are in talks for the construction of a ce...
SCG: second-quarter earnings drop expected, outlook upbeat
Siam Cement, Thailand’s largest industrial conglomerate and leading cement producer, is expected to report a 10.5 per cent drop in second-quarter earnings, according to KGI Secu...
Diamond Cement’s new Congo works on track for 2Q15 start
The construction of Diamond Cement’s plant in Mindouli in the Republic of Congo is now around 40 per cent complete and is on-track for completion in the second quarter of 2015.
Mexico: Cementos Fortaleza plant to be inaugurated next week
Mexichem, Elementia and Lafarge will inaugurate the first plant of Cementos Fortaleza on Tuesday, 8 July 2014. The event will be led by Mexico’s president, Enrique Peña Nieto, a...
Eurocement signs Uzbekistan supply contract
Eurocement has signed a US$128m contract with China CAMC Engineering, a unit of Sinomach, for the supply of equipment, as well as design, installation, and training for a new ce...
GCR affirms ARM Cement's ratings, outlook Stable
Global Credit Ratings (GCR) has today affirmed the national scale ratings assigned to ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respectively. The outloo...