Malawi: Minister applauds CPL investment
The Minister of Natural Resources and Mining, Bright Msaka, has spoken on Cement Products Ltd’s (CPL) multi-million investment in its Njereza Plant in Mangochi.
Investment
127 posts · Page 10 of 13
Cemex re-organises its Cementos Chihuahua investments
Grupo Cementos de Chihuahua’s ownership is being restructured, with Cemex taking a 23 per cent direct stake as well as a minority interest in Camcem, which will be the majority ...
Fujairah Cement approves Sohar Cement venture
The Board of Directors of Fujairah Cement Industries has given the go-ahead to establish Sohar Cement Co in Oman. The new company investment cost amounts to OMR1.42m (US$3.69m),...
Canada: Quebec state investment fund to take controlling stake in McInnis
The Caisse de Dépôt et Placement du Québec has agreed to plans to inject an additional CAD250m (US$193m) into McInnis’s Port-Daniel integrated plant project under a deal which s...
Sri Lanka: Tokyo Cement looks to US for investment backing
The chief financial officer and other members of the Tokyo Cement management team are in the US this week for an investor roadshow, Lanka Business Online reports.
LafargeHolcim increases El Salvador investment
LafargeHolcim will invest US$9m to upgrade its production facilities in El Salvador in view of an expected rise in demand. Around US$3m will be spent on 16 projects in its El Ro...
Azerbaijan: EBRD 20% LafargeHolcim investment
The European Bank for Reconstruction and Development (EBRD) is considering the purchase of up to a 20 per cent stake in LafargeHolcim’s cement and clinker plant in Azerbaijan. I...
Pakistan cement industry's US$1bn expansion
The steady growth of Pakistan’s cement industry saw the sector attract investment of US$1bn in the current financial year, an economic survey has revealed.
UltraTech Cement
UltraTech’s Board of Directors has approved a proposal to increase the investment limits by Registered Foreign Portfolio Investors (RFPIs) from the existing 24 per cent of the p...
Bangladesh: FDI from Netherlands
Bangladesh’s cement sector attracted foreign direct investment (FDI) of US$31.3m in 2015, according to a Bangladesh Central Bank report. This figure is up 41.5 per cent from tha...