Weekly Newsletter

4,275 posts · Page 252 of 428

BBMG to sell 7 cement companies to Jidong Cement

BBMG to sell 7 cement companies to Jidong Cement

BBMG Corp has announced that it will sell the entire equity interests in seven cement companies to China’s Jidong Cement for a total consideration of CNY1.54bn (US$227.06m). BBM...

VICEM targets further growth in 2019

VICEM targets further growth in 2019

Vietnam Cement industry Corp (VICEM) has reported a 10 per cent YoY increase in revenue to VND37trn (US$1.59bn) for 2018. The company also saw an 11 per cent rise in pretax prof...

Iraqi Cement signs contract for new 6000tpd line

Iraqi Cement signs contract for new 6000tpd line

Chengdu Design & Research Institute of Building Materials Industry, wholly-owned subsidiary of Sinoma International Engineering, has signed an EPC contract to deliver a clinker ...

New 3Mta line planned for BUA's Kalambaina Cement

New 3Mta line planned for BUA's Kalambaina Cement

Nigeria’s BUA Group has signed another contract with CBMI for the construction of a new 3Mta line at Kalambaina Cement in Sokoto State. The announcement comes soon after a merge...

Vietnam demand up 10% in 11M18

Vietnam demand up 10% in 11M18

Cement consumption in Vietnam remained largely stable in November 2018 when compared with the previous year at 5.675Mt, according to the Vietnam National Cement Association (VNC...

Ghori Cement is back in government control

Ghori Cement is back in government control

Afghanistan's government has taken back control of the Ghori Cement Factory. The Afghan Investment Co that was running the plant was held in violation of the law and decisions o...

Pioneer Cement to begin RDF usage

Pioneer Cement to begin RDF usage

UAE-based Pioneer Cement, a subsidiary of Raysut Cement, has signed an agreement with Emirates RDF that will lead to the use of fuel derived from household waste in its producti...