LafargeHolcim increased investment in Jerez de la Frontera
LafargeHolcim’s cement plant in Jerez de la Frontera, Cádiz, Spain, invested EUR2m in improving its facilities in 2017, according to a company statement. The sum represents a 20...
Investment
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Cimpor
The now-quoted Cimpor subsidiary Loma Negra is to invest some US$350m in the construction of an additional production line at its L’Amali works in Olavarría, Buenos Aires provin...
Philippines: Eagle Cement receives tax incentive
Eagle Cement Corp reported that two of its cement projects with a total cost of nearly PHP19bn (US$373m) have been recently approved by the Board of Investments (BOI) under the ...
PPC Zimbabwe's MD vows recent investments will come good
PPC Zimbabwe's Managing Director, Kelibone Masiyane, has spoken out on the long-term commitment to the local cement market and on its recent Harare and Colleen Bawn investments.
Capex vs opex Premium
In the last year the moderator has been reviewing numerous existing cement facilities and proposals for new cement plants or production lines. In this process, compromises have ...
Vietnamese PM invites SCG to widen its investment in the country
The Prime Minister of Vietnam, Nguyen Xuan Phuc, has used a meeting with the head of Siam Cement Group to urge the company to expand its activities within the country.
HeidelbergCement to suspend new investment in Turkey
HeidelbergCement is to suspend all new investment in Turkey due to the political uncertainty in the country, said Dr Bernd Scheifele, CEO of HeidelbergCement.
Dangote Cement
Dangote Cement is planning a number of new investments in Ethiopia, where it currently has a 2.5Mta plant, located in Mugher. Around US$19m is being spent on a new bagging plant...
Cruz Azul to invest US$300m in plants
As part of its plant modernisation programme, Mexico’s Cruz Azul plans to spend US$300m in upgrading its four plants in the next four years.
Kenya: CDC completes purchase of 40% stake in ARM Cement
ARM Cement has completed the sale of 40 per cent of its shares to CDC Group, a UK-owned development corporation, for KES14.1bn (US$139m), Capital Business reports. The investmen...