Loma Negra to invest US$350m in new L'Amali line
InterCement-owned Loma Negra will invest US$350m in a brownfield expansion of its L'Amali plant in Olavarría, Buenos Aires province, Argentina, the company announced in a meetin...
Weekly Newsletter
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Cementos Argos, Cemex and Holcim fined COP200bn
Colombia has fined Cementos Argos, Cemex and Holcim over COP200bn (US$66m) for fixing prices, according to Reuters.
LafargeHolcim Sagunto to return to full operation
LafargeHolcim’s Sagunto works in Spain will return to full operation for the first time since 2007. Following a year of uncertainty about the future of the cement plant due to i...
Akranes cement plant to be demolished
The cement plant in Akranes, west Iceland, will be demolished, according to reports by the country’s broadcaster RÚV.
Fairfax drops plans to buy 23% of PPC
Canada's Fairfax Africa Investments Proprietary Ltd has pulled out of its attempt to buy 23 per cent of South African cement producer PPC for ZAR2bn (US$146.34m), PPC said on Mo...
CRH exits PPC talks but LafargeHolcim discussions continue
Irish cement producer CRH has decided to pull out of the process to bid for rival PPC, the South African company said on Thursday. Last month, CRH made an undisclosed cash bid f...
Indonesian cement demand up 13% in October
The Indonesia cement market expanded 12.5 per cent YoY to 6.754Mt in October 2017, according to data from the Indonesian Cement Association (ASI).
Possible power price hike to increase Vietnamese production costs by US$35m
Vietnamese cement producers can expect a production cost rise by around VND800bn (US$35.2m) annually if a hike in power prices comes into effect, according to local industry sou...
Colombia sees 3.6% market expansion
Cement consumption in Colombia increased 3.6 per cent from 993,700t in October 2016 to 1,029,400t in October 2017, according the country’s statistics office, DANE.
Kenyan producers to cut cement prices
Cement companies intend to lower their prices and achieve regional competitiveness following the reduction in local off-peak power prices. President Uhuru Kenyatta's directive i...