Lafarge Africa facing lawsuit over planned Chinese sale
Lafarge Africa Plc has failed in its efforts to prevent the hearing of a lawsuit brought by a Nigerian company and shareholder attempting to stop its sale to Chinese company Hua...
Legal
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Romania fines top cement producers EUR44m for price collusion
Romania’s Competition Council announced it has imposed fines totalling RON217m (US$45m) on the country’s three largest cement producers — Holcim Romania, Romcim, and Heidelberg ...
Land dispute emerges over former East African Portland Cement Co property in Machakos
Landowners in Lukenya West, Mavoko, have called on the Kenyan government to halt developments on disputed parcels of land previously owned by East African Portland Cement Co (EA...
Philippine cement manufacturers seek expanded anti-dumping duties on Vietnamese imports
The Tariff Commission of the Philippines has announced the commencement of an investigation into the potential expansion of anti-dumping duties on cement imports from Vietnam. T...
Zimbabwe considers limestone deposit consolidation amid efforts to reduce cement costs
The government of Zimbabwe is exploring the consolidation of limestone deposits under either the Industrial Development Corporation of Zimbabwe (IDCZ) or the Ministry of Mines a...
Nigerian House of Representatives threatens to issue arrest warrants for Dangote
A committee from Nigeria’s House of Representatives, investigating the hike in cement prices, has warned it will issue arrest warrants for Dangote Cement’s management after exec...
Pakistan’s Peshawar High Court dismisses opposition to new cement plants
The Peshawar High Court of Pakistan dismissed writ petitions filed against the establishment of 16 cement factories. The petitioners sought a court order to declare that the pro...
Bolivia’s Lower House approves Ecebol land
The Lower House of the Bolivian Parliament has approved a bill to provide 39.8ha of land to state-run Ecebol for a future cement plant in Potosi. The site is located in Chiutara...
Cement import into USA draws US$506,250 OFAC penalty
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has reached a US$506,250 settlement with ZAG International, based in Newtown (CT), for illegally sourcing cl...