Steppe Cement 1H18 volumes rise by 14%
In the 1H18 Steppe Cement Ltd sold 738,228t of cement for KZT10,539m (US$30.7m), compared with 650,333t of cement for KZT8553m in 1H17. This represents an increase of 14 per cen...
Weekly Newsletter
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Thayet cement plant to become PPP
The Ministry of Industry (MoI) in Myanmar is inviting 'expressions of interest (EoIs)' from both local and foreign investors to jointly run the state-owned Thayet cement plant i...
Brazilian cement demand falls 20% in May
Brazil’s cement market contracted by 20.3 per cent YoY in May from 4.503Mt to 3.588Mt (excluding imports), according to the latest data published by SNIC, the country's cement a...
Dangote to list in London in 2019?
Dangote Cement is considering carrying out its long-planned listing of shares in London after the Nigerian presidential and parliamentary elections on 16 February 2019 and state...
LafargeHolcim reviewing sale of Indonesian assets
LafargeHolcim (Switzerland) is considering the sale of its Indonesian subsidiary, Holcim Indonesia, for a total consideration of US$2bn, according to Bloomberg and local reports...
Cameroon to build fifth cement plant
Cameroon-based Engineering Construction Manufacturing and Trading Ltd (ECMT) has announced the construction of a cement plant in Ebolowa (south) for a cost of CFA15bn (US$26.7m)...
Argentine domestic dispatches down 4% YoY in June
Argentina’s cement market contracted by 3.5 per cent to 970,978t in June 2018 from 1.007Mt in June 2017, according to the latest data from AFCP, the country’s cement association.
LafargeHolcim appoints new Head of Middle East/Africa
LafargeHolcim has appointed Miljan Gutovic as the Head of Region Middle East/Africa and Member of the Executive Committee of the Franco-Swiss building materials producer, effect...
Saudi cement sector expected to record revenue decline in 2Q18
Saudi Arabia’s cement sector is expected to record a fall in revenue in the 2Q18, according to Al Rajhi Capital. The companies monitored by Al Rajhi are expected to announce a r...
Bestway Cement starts dispatch from Farooqia Line II
Bestway Cement Ltd (BCL) has started dispatches of cement from its new Farooqia Line II, having clinker capacity of 6000tpd, at Hattar in Khyber Pakhtunkhwa. Local supply commen...