Votorantim Cimentos to construct two units in Ceará, Brazil
Votorantim Cimentos is to build two new units in the northeastern Brazilian state of Ceará. The projects, which were presented by company directors on 24 March at a meeting with...
New Project
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Sri Lanka: Tokyo Cement plans expansion project
Sri Lanka-based Tokyo Cement plans to invest US$50m on a capacity expansion of 1Mta to help cater for local demand requirements. The group has already formed a new subsidiary un...
Vietnam: Hoang Phat Vissai Group receives loan for project development
The Bank for Investment and Development of Vietnam (BIDV) has agreed to lend Hoang Phat Vissai Group VND6.3trn (US$296m) to to develop the Song Lam cement plant in the central p...
Cherat’s first-half boosted by domestic deliveries
Cherat’s Cement’s domestic sales increased by 10 per cent during the first half of the current Pakistan fiscal boosted by strong construction activity. Total dispatches over the...
IDA to propose 12 licences in Upper Egypt
The Industrial Developmental Authority (IDA) is set to propose 12 new cement licences in several Upper Egypt governorates this year, according to its chairman. The IDA is also w...
PPC Zimbabwe on course for 2016 mill commissioning
PPC Zimbabwe Ltd is expected to commission its new cement mill at its plant in Harare next year, an official has said. "We are spending about $75m on our Harare mill this year a...
Northern Cement Jordan to install new line
Saudi Arabia's Northern Cement Co said Thursday that Jordan-based Northern Cement-Jordan, in which it holds 99.35 per cent, has decided to install an additional clinker producti...
Egypt: ACC secures loan to part-finance expansion
Arabian Cement Company (ACC) said it signed Wednesday an agreement with Saudi British Bank for a SAR400m (US$106.6m) Islamic financing. The loan is to be repaid over a period of...
Oman Cement 2014 profit declines on weaker sales, clinker imports
Oman Cement reported a 12.8 per cent decline in net profit on account of weaker sales, lower clinker production and higher volumes of imported clinker, the company said on Monda...
Indocement sees volumes rising 6% YoY
PT Indocement Tunggal Prakarsa expects volumes to grow six per cent this year, reported Kontan, citing CEO, Christian Kartawijaya. The HeidelbergCement group reported cement sal...