CDC changes leadership at ARM to halt the decline
British development financiers CDC have brought in Sophia Bianchi and Rohit Anand as new directors at ARM Cement, to replace replaced Ketso Gordhan and Pepe Meijer, after seeing...
Weekly Newsletter
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Bestway Cement's Farooqia plant completes 6000tpd expansion project
Bestway Cement Ltd has completed the installation of its Farooqia plant brownfield expansion project, in Khyber Pakhtunkhwa province. The expansion also includes a 9MW waste hea...
Lafarge Czech Republic plans to invest CZK100m in upgrades
Lafarge Czech Republic has announced that it plans to invest CZK100m (US$4.54m) in plant upgrades. Half of the total amount has already been used in the reconstruction of the ch...
April dispatches in Colombia see 14% rise
Deliveries to the Colombian cement market increased 13.9 per cent YoY to 1.025Mt in April 2018, according to the country’s national statistics office, DANE.
CRH to create new global Building Products division
CRH plc will establish a new global Building Products division from 1 January 2019, bringing together its Europe Lightside, Europe Distribution and Americas Products divisions. ...
TCL announces TTD49m operating loss in 2017
Trinidad Cement Ltd (TCL) has announced its results for the full-year 2017 period, reporting an operating loss of TTD49m (US$7.26m) on the back of unprecedented storms in its ea...
India Cements reports 56% slide in FY17-18 profits
India Cements Ltd reported a 56 per cent fall in net profits for the year ending 31 March 2018. Consolidated net profit decreased to INR707.2m, down from INR1.631bn in the previ...
Bangladesh demand to grow 8-10%, but overcapacity to persist
Bangladesh cement demand is expected to grow by 8-10 per cent in the next five years, according to Masud Khan, CEO of Crown Cement Group.
Adverse weather and foreign currency exchange affect Titan's 1Q18
Τitan Group 1Q18 results suffered from adverse weather conditions in the US and southeastern Europe, coupled with the strengthening of the euro against the US dollar and other c...
Brazilian cement sales in April report 9% increase
Cement sales in Brazil increased 8.9 per cent to 4.352Mt in April 2018 when compared with 3.997Mt in April 2017, according to preliminary industry data published by the country’...