Baker and McKenzie advises Najran Cement Co, Saudi Arabia
Baker and McKenzie advised Najran Cement Company (NCC) on its initial public offering of 85,000,000 shares at SAR10 a share (IPO), representing 50% of its share capital at an ag...
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Cemena outlines Falcon expansion plans, Bahrain
Cemena Holding Company, plans to increase capacity of its Falcon Cement Company (FCC) plant, the Bahrain-based firm has announced.
Aditya Birla to invest INR57.5bn in cement expansion, India
Indian conglomerate Aditya Birla group plans to invest about INR70bn (US$1.3bn) on setting up new facilities and expanding the capacity of existing units in the southern state o...
Aditya Birla plans Karnataka cement plant, India
Aditya Birla group Chairman Kumar Mangalam Birla said the group is planning to set up a 4Mta cement plant in Karnataka plant at an investment of INR27.50bn. Mr Birla said he exp...
Birla Corp eyes cement plant construction in Ethiopia
Birla Corp plans to set up a cement plant in Ethiopia following the establishment of a wholly-owned subsidiary, Birla Corp Cement Manufacturing Plc, in the sub-Saharan African c...
Dangote Cameroon plant to proceed, Cameroon
Dangote Cement Plc is being granted permission by the government of Cameroon to build a factory in the port city of Douala after a dispute over land was resolved, Bloomberg repo...
Al Khaij Cement Co to raise cement production
The board of directors of Qatar's diversified holding Qatari Investors Group has approved a project to boost the production capacity of affiliate Al Khalij Cement Co to 14,000tp...
Dangote Cement new Zambia plant facing delays
Construction of Dangote Cement’s US$500m cement plant in Masaiti District, Zambia, has suffered a setback following delays by the government in issuing a mining license. Speakin...
ASEC Cement completes Zahana overhaul in Algeria
Citadel Capital announced today that a key subsidiary of portfolio company ASEC Cement has completed a significant overhaul.
Sino-Zimbabwe pursues Masvingo project
Sino-Zimbabwe has begun feasibility studies to establish the extent of limestone deposits in the Nyanda Mountains on the outskirts of Masvingo, Zimbabwe, where the company wants...