Indonesian July 2014 cement delivery fall 25%
Indonesian cement dispatches dropped by a quarter YoY to 3.7Mt in July 2014. The slowdown is attributed to falling economic growth, the presidential election and the Idul Fitri/...
New Capacity
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Cementos Yura invests PEN140m in 2014 to date
Cementos Yura of Peru has invested PEN140m (US$50m) in new equipment in the year to date, mainly as a result of the construction of its new cement grinding unit. Grupo Gloria's ...
Algeria: Cevital to build 8Mta cement plant
The Cevital group, owned by Issad Hebrab, plans to build a greenfield cement plant in Algeria. The country’s National Investment Council has validated the project and technical ...
Reconstructing Congo Premium
In the west of the Democratic Republic of Congo, considerable change is afoot as the local Rawji Group enters a joint-venture with Lucky Cement of Pakistan to build a 1.3Mta cem...
Invecem awarded limestone and clay concession
Industria Venezolana de Cemento (Invecem) has been granted a licence for limestone and clay exploitation by the state government of Falcón. The 20-year licence will enable the V...
Shanshui Cement announces 2013 gross profits of US$617.7m
During the 12-months ended 31 December 2013, China Shanshui Cement Group Ltd’s revenue reached CNY16,535m (US$2667.85m). Gross profit was CNY3829m while profit from operations r...
PT Semen Indonesia agrees loan for new plant
Cement producer PT Semen Indonesia has secured a non-cash loan of IDR1.4trn (US$122.57m) from PT Bank Mandiri, said Ahyanizzaman, the company's finance director. The firm will u...
Congo Rep opens Dolisie cement plant
Denis Sassou Nguesso, President of the Republic of Congo, inaugurated a new cement works in Dolisie, located in the south west province of Niari, on Saturday 22 March. The 0.3Mt...
Chinese sign US$733m cement deals in Nigeria and Myanmar
Sinoma and CITIC Heavy Industries have agreed deals worth US$733m to construct cement plants in Nigeria and Myanmar, respectively.
Cemex Latam opens new grinding unit in Colombia
Cemex Latam Holdings inaugurated a new cement grinding plant in Clemencia in Bolivar, Colombia. Output from the 0.45Mta works is expected to supply projects in the Caribbean coa...