Weekly Newsletter

4,217 posts · Page 245 of 422

Spain's cement demand up 9% in November

Spain's cement demand up 9% in November

Spain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease was...

Vicat closes acquisition of Ciplan

Vicat closes acquisition of Ciplan

Vicat Group has announced the closure of its Ciplan acquisition and now holds a 64.7 per cent stake in the company. The deal was structured through a reserved capital increase o...

Chinese manufacturer to enter Sri Lankan market

Chinese manufacturer to enter Sri Lankan market

A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and ...

MI Cement to set up new 8400tpd line

MI Cement to set up new 8400tpd line

Bangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected ...

Puerto Rican cement sales surge 39% in 2018

Puerto Rican cement sales surge 39% in 2018

Cement sales in Puerto Rico advanced by 38.9 per cent to 14.3m bags of 42.5kg, or 607,750t in 2018. The figure is the highest reported since 2014 and has been attributed mainly ...

Vicat Egypt to invest in Sinai Cement

Vicat Egypt to invest in Sinai Cement

Vicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement durin...

Cemex changes management structure

Cemex changes management structure

Cemex has announced a series of changes to its management structure which will come into force on 1 February 2019. Juan Romero Torres, current president of Cemex Mexico, has bee...