Weekly Newsletter

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Adani Group rebuilds investor confidence

Adani Group rebuilds investor confidence

The Adani Group, which owns Ambuja Cements and ACC Ltd , is reportedly targeting 20 per cent YoY growth in pretax profits to INR900,000m (US$10,971m) within the next 2-3 years. ...

Afrimat acquires Lafarge South Africa Holdings

Afrimat acquires Lafarge South Africa Holdings

Lafarge South Africa Holdings (LSA) is being acquired by South Africa-based mining and materials company, Afrimat, The deal includes all the subsidiaries of the LSA Group, which...

Buzzi Unicem sells Ukraine operations to CRH

Buzzi Unicem sells Ukraine operations to CRH

Buzzi , through its fully owned subsidiary Dyckerhoff GmbH , has reached an agreement to sell some of its businesses in Eastern Europe to CRH , a leading building materials solu...

New plant adds 2Mta to Cambodia capacity

New plant adds 2Mta to Cambodia capacity

A new 2Mta cement plant in the Oral district of Kampong Speu province in Cambodia is due to start production soon. According to the Khmer Times, Conch KT Cement has invested aro...

Lafarge Africa appoints new CEO

Lafarge Africa appoints new CEO

Mr Lolu Alade-Akinyemi has been appointed group managing director/chief executive officer (GMD/CEO) of Lafarge Africa (part of Holcim ) with effect from 1 July 2023. Prior to th...