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Ghacem responds to World Bank comments

Ghacem responds to World Bank comments

Ghana’s leading cement producer, Ghacem, has refuted a report by the World Bank that the company is enjoying dominance over the domestic construction sector.

Holcim to contest Indian price fixing fine

Holcim to contest Indian price fixing fine

Holcim has said will defend the position of its two Indian units on the penalties imposed by the Competition Commission of India (CCI) for price fixing. Yesterday, the CCI annou...

Concerns over Ghana’s cement duopoly

Concerns over Ghana’s cement duopoly

The World Bank has expressed its concern over the dominance of Ghana Cement Company (Ghacem) and Diamond Cement Company in the sale of cement in the country, local press report.

China prices continue to fall

China prices continue to fall

The average price of cement across China last week fell 0.83% to CNY336.25/t compared to the previous week. Cement prices have been falling since the end of April registering pr...

Indian producers face alleged cartel fines

Indian producers face alleged cartel fines

The Competition Commission of India (CCI) is expected to soon impose fines over alleged price collusion in the industry. According to local press reports, the CCI is expected to...

UAE cement prices drop 3.4% in May

UAE cement prices drop 3.4% in May

The average prices of several building materials groups have undergone changes during May 2012, compared with April 2012, a monthly report by the Statistics Centre Abu Dhabi (SC...