Huaxin Cement seeks funding for US$140m project
Huaxin Cement Co Ltd is seeking the assistance of international banks to close funding on its US$140m plant in Nepal, after it secured a US$30m loan from the Export-Import Bank ...
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Solid Cement borrows US$75m from related company
Solid Cement, an operating subsidiary of Cemex Holdings Philippines, is borrowing US$75m of subordinated revolving credit from Cemex Asia. The money will be used to refinance ex...
RCCPL announces grinding plant expansion
India's Birla Corp has announced that it plans to carry out the second phase of expansion at the grinding plant of its RCCPL subsidiary in Kundanganj, Uttar Pradesh. The project...
Vicat announces expansion plans in India
At the inauguration of a 1.2Mt bulk cement terminal in Mumbai, France-based Vicat Group announced that it has invested INR3bn (US$43m) this year on capacity expansions in southe...
Lehigh Hanson announces US$600m expansion and modernisation project
US-based Lehigh Hanson Inc has announced a US$600m plan to modernise and expand its plant in Mitchell, Indiana. The project to increase production capacity while significantly r...
Saudi company to invest in Egyptian production lines
A Saudi Arabian company is expected to invest EGP500m (US$28.37m) in three Egyptian production lines, according to Ahmed Abdel Razek, head of the General Authority for Industria...
LEILAC holds inaugural conference in Belgium
The inaugural Innovation in Industrial Carbon Capture Conference was held in Oupeye, Belgium, on 7-8 February. Over 130 delegates attended the two-day event organised by the Low...
LafargeHolcim to provide solutions for two port projects
LafargeHolcim will provide industrial solutions for two port projects in Ecuador and Morocco, according to SeeNews. Due to complete in 2020, LafargeHolcim Maroc will supply ceme...
JK Cement reports 10% increase in net profit
JK Cement has reported a 9.77 per cent YoY increase in net profit for the quarter ending 31 December 2017. This translates to a total of INR7.2bn (US$112.2m), compared to INR6.6...
Big Boss Cement launched in Manila
A new cement business, Big Boss Cement Inc, was launched in Manila, Philippines, on Thursday, according to ABS-CBN News. The company plans to use lahar or other volcanic debris ...