Weekly Newsletter

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MI Cement sees 33% revenue rise in FY17-18

MI Cement sees 33% revenue rise in FY17-18

Bangladesh's MI Cement Factory reported a 33 per cent rise in revenue in FY17-18, compared to the previous financial year, supported by new capacity and market expansion. The co...

Cement consumption in Spain up 10% in October

Cement consumption in Spain up 10% in October

Demand for cement in Spain has risen 10.1 per cent YoY in October, according to the country’s cement association, Oficemen. In the past year, from November 2017 to October 2018,...

Caribbean Cement secures loan to pay US$ debt

Caribbean Cement secures loan to pay US$ debt

Jamaica's Caribbean Cement Co Ltd and its mining subsidiary have secured a five-year JMD3bn (US$23.53m) loan from National Commercial Bank Jamaica to pay back a US dollar debt. ...

JSW Cement to look at inorganic growth

JSW Cement to look at inorganic growth

India's JSW Cement has announced that it will be looking at inorganic expansion to reach its target of increasing capacity to 20Mta by 2020. The ongoing bad-loan resolution proc...

Irish Cement fined EUR4000 for dust spill

Irish Cement fined EUR4000 for dust spill

Irish Cement has been fined EUR4000 for breaching terms of its industrial emissions licence, when thick “glue-like” dust spilled from its Co Limerick plant, resulting in damage ...

LafargeHolcim Bangladesh amalgamates subsidiary

LafargeHolcim Bangladesh amalgamates subsidiary

LafargeHolcim Bangladesh Ltd (LHBL) informed Dhaka Stock Exchange on 2 December that the Board of Directors has decided to amalgamate of the company with its subsidiary Holcim C...

Argentine cement market contracts 18% in Nov 2018

Argentine cement market contracts 18% in Nov 2018

Argentina’s cement consumption fell 17.8 per cent to 970,248t in November 2018 when compared with 1.18Mt in November 2017. When compared with the previous month, the decline was...