Bamburi Cement appoints Grace Oluoch as new FCO
Kenya-based Bamburi Cement has appointed Grace Oluoch as the company’s new finance director. She succeeds Eric Kironde, who has been Bamburi’s FCO since 2011. “The company is pl...
Weekly Newsletter
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HeidelbergCement partially adapts 2018 outlook
Today, HeidelbergCement has made a new assessment of the current business year based on preliminary numbers for the 3Q18. Sales volumes and revenue of the first nine months of 2...
Lafarge Africa posts 5% net sales increase
Lafarge Africa has recorded a five per cent increase in net sales for the 3Q18 period, rising to NGN72bn (US$198.3m) from NGN68.8bn. In the 9M18, net sales again advanced five p...
Dangote starts work on Niger plant
Dangote starts work on the construction of a XOF180bn (US$315.8m) cement plant in Keita, Niger, according to the country’s national TV organisation.
Cemex Spain to close Gádor plant
Cemex Spain has announced the closure of its Gádor cement plant, which has been in operation since 1977. The closure of the cement works, announced via an employment regulation ...
Global cement industry gathers at Cemtech Europe 2018
More than 200 delegates of the global cement industry gathered for Cemtech Europe 2018, which is being held at the Conrad Istanbul Bosphorus, Turkey, from 14-17 October. Interna...
Unacem buys Cementos Portland for US$28m
Peru-based Unacem has acquired Cementos Portland for US$28m from Cementos Bío Bío and Votorantim. Unacem, which operates 8.3Mta of production capacity at two plants at Atocongo ...
Egypt's National Cement Co to be liquidated
The Egyptian government has decided to liquidate National Cement Co due to continued financial losses and debt accumulation, according to Ahramonline. Total accumulated financia...
Oficemen downgrades growth forecast
Cement producers have reduced their growth forecast for 2018 from 12 per cent to seven per cent, according to Oficemen, Spain’s cement association. They attribute the lower grow...
Cementos Bío Bío sells Peruvian subsidiary
Chile’s Cementos Bío Bío has sold its Peruvian subsidiary, Cementos Portland, in a transaction valued close to US$14m, according to La Tercera. The departure means that it will ...