Weekly Newsletter

4,275 posts · Page 259 of 428

Lafarge Africa posts 5% net sales increase

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 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 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 ...

Unacem buys Cementos Portland for US$28m

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

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

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

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 ...

Oman Cement Co to use waste tyres as AF

Oman Cement Co to use waste tyres as AF

An agreement between Oman Cement Co (OCC) and Oman Environmental Services Holding Co Be’ah will see the cement producer include waste tyres in its fuel mix. The Memorandum of Un...