FLSmidth wins large cement order in the Middle East
FLSmidth has signed a contract worth approximately EUR85m with an undisclosed company in the Middle East to supply a complete 6000tpd cement production line. The contract compri...
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Eurocement places order with KHD for new plant, Russia
Leading Russian cement producer Eurocement has placed an order for more than €80m with KHD for a new cement plant to be built in Stavropol, Russia. The contract between Stavropo...
Lafarge to set up two cement plants in Algeria – report
Lafarge will build two cement plants in Algeria in partnership with local private group Sagremac. Thanks to the two projects, the French company will be able to boost its positi...
Lucky Cement to construct Iraq grinding plant
Pakistan’s Lucky Cement is to construct a 0.87Mt grinding plant in Iraq through a joint venture, according to reports by the Associated Press of Pakistan. The company is to inve...
New Zealand: Fletcher rivals “attacking our market”
Fletcher, with a market capitalisation of NZD4.2bn (US£3.4bn), is under attack from firms undercutting prices by up to a third and aiming at Christchurch's post-quake rebuild. S...
Loma Negra announces new plant construction, Argentina
Argentine cement producer Loma Negra has announced it will invest US$250m in a new cement plant in the province of San Juan. The factory will be built in the town of Pocito, 20k...
Jaypee plans capacity hike, India
India’s Jaypee Group is aiming to increase cement capacity to around 50Mta over the next five years from 33.5Mt, the Economic Times of India reports. Shiva Dixit, vice president...
Holcim Indonesia boosts dividend payout, Capex plans
Holcim Indonesia plans to distribute IDR425bn (US$46m) in dividends, or the equivalent of 40 per cent of its 2011 net income, its chief executive has said. Speaking to the Jakar...
New Jamaican project given green light
Canadian engineering firm Cemcorp has been given permission by the National Environment and Planning Agency (NEPA) to construct Jamaica's second cement plant, according to local...
SIDF approves new cement plant loan, Saudi Arabia
The Saudi Industrial Development Fund’s board of directors (SIDF) has approved a loan for a new cement factory to help meet demand in the the Hail region.