Weekly Newsletter

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Dangote Cement inaugurates plant in Rep of Congo

Dangote Cement inaugurates plant in Rep of Congo

Dangote Cement will inaugurate its 1.5Mta cement plant in the Republic of Congo on Thursday. The plant is expected to create approximately 1000 jobs and will become Dangote's 10...

CRH sees a 3% revenue increase in 3Q17

CRH sees a 3% revenue increase in 3Q17

CRH has reported a three per cent increase in revenue for the third quarter of 2017. The group's EBITDA has also risen two per cent YoY for the 3Q. The company’s trading perform...

Indonesian cement demand up 13% in October

Indonesian cement demand up 13% in October

Cement demand in Indonesia in October 2017 and the first 10 months of 2017 has shown sustained robust growth. The Indonesian Cement Association (ASI) and PT Semen Indonesia expe...

Star Cement announces 90% net profit increase

Star Cement announces 90% net profit increase

Star Cement reported a standalone net profit of INR219.9m (US$3.37m) for the 2Q17 period ended 30 September 2017, a 89.9 per cent increase from the INR108m seen in the year-ago ...

CRH plans cash bid for PPC

CRH plans cash bid for PPC

Ireland’s CRH has registered its interest in submitting a cash bid for South African cement producer PPC as it takes on AfriSam and LafargeHolcim.

Colombia market expands 1% YoY in Sep 2017

Colombia market expands 1% YoY in Sep 2017

Domestic grey cement deliveries by Colombian cement producers in September 2017 reached 1.023Mt, up 0.8 per cent YoY and an improvement when compared the 11.2 per cent fall to 1...