Unacem shareholders to discuss merger with Inversiones Andino
Peru-based Unacem reported that its general meeting of shareholders will evaluate the proposal between the company and the Investment and Administration Trade Union, Inversiones...
Weekly Newsletter
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Holcim Philippines to raise capacity to 13Mta by 2020
Holcim Philippines (LafargeHolcim group) is investing US$300m to raise its cement capacity in the country by 30 per cent to 13Mta by 2020. Holcim Philippines informed the Philip...
Illinois Cement Co one step closer to new limestone quarry
La Salle City Council, Illinois, USA, will consider petitions by Illinois Cement Co for rezoning and special use permits to mine limestone on 12 parcels in Dimmick Township foll...
Kalambaina Cement to merge with CCNN
BUA Group’s Kalambaina Cement Co has announced it received shareholder approval for a merger with the Cement Company of Northern Nigeria (CCNN). Abdul Samad Rabiu, chairman of t...
LafargeHolcim's Capital Markets Day 2018
LafargeHolcim presented a full overview of its 'Strategy 2022 – Building for Growth' programme at its Capital Markets Day held at the Belfry Hotel and Resort, Birmingham, UK, ye...
Cemex begins share repurchase programme
Cemex has begun its share repurchase programme, approved at its ordinary shareholders’ meeting for up to US$500m. "We are pleased to initiate our share buyback programme, which ...
Brazilian cement market sees 2% slip in 10M18
Cement sales in Brazil by domestic producers totalled 44.2Mt in the first 10 months of 2018, and were down 1.5 per cent YoY, according to SNIC, the country’s cement association....
Ramco Cements to spend INR8.5bn on plant expansion
India’s Ramco Cements is investing INR8.5bn (US$120m) to increase capacity at its facility in Jayanthipuram, Andhra Pradesh, by 1.5Mta and construct a 27MW WHR system. The proje...
Uruguayan 3Q domestic cement sales up 14%
Cement sales in Uruguay increased 14 per cent YoY to 181,000t in the July-September quarter, according to a report by the country’s Chamber of Industries. However, exports fell ...
Lafarge Malaysia records 3Q18 net loss of MYR109m
Lafarge Malaysia recorded a net loss in 3Q18 of MYR109.28m (US$26m) down 160 per cent from MYR42.01m in 3Q17. Revenue fell by 14 per cent YoY to MYR495.1m in 3Q18. The decline i...