Kohat Cement announces new line construction
Kohat Cement Co is to construct a new 7800tpd production line at its cement plant Khyber Pakhtunkhwa province, the company informed the Pakistan Stock Exchange on 6 June 2017. T...
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S&P upgrades GCC rating
S&P Global Ratings has raised its long-term corporate rating on Grupo Cementos de Chihuahua to 'BB' from 'BB-'. The outlook is stable.
Pacific Cement expected to be shutdown until July
Pacific Cement Ltd (PCL) announced that it is unable to meet the domestic cement demand in Fiji, due to the age of its factory which is contantly out of action.
Orient Cement to acquire two Jaypee units
Orient Cement has reached an agreement to buy two cement units from Jaypee in the central and eastern regions of India.
Vulcan Materials to acquire Aggregates USA
Vulcan Materials Co has reached a definitive agreement with SPO Partners to acquire its aggregates business, Aggregates USA LLC for US$900m in cash. Aggregates USA LLC operates ...
LafargeHolcim to start share buy-back programme
LafargeHolcim announces that it will start its share buy-back programme of up to CHF1bn (EUR916.9m) over 2017-18 on 1 June 2017. The programme that was initially announced at th...
Egyptian Cement Co seeks loan for Sohag plant
Egyptian Cement Co has entered into negotiations with a local banking alliance to obtain a loan of EGP4bn (US$221m) to partly finance the cost of its first plant and constructio...
Colombian market contracts 15%
In April 2017 cement consumption in Colombia fell 14.9 per cent to 0.9Mt from 1.058Mt in April 2017, according to Colombia’s statistics office, Dane.
AfDB provides loan to Diamond Cement Guinée
The African Development Bank has granted a US$22.5m loan to Diamond Cement Guinéa to finance a clinker production unit. The new 0.5Mta plant will be built in Souguéta, some 200k...
PCA sees 3.5% cement consumption growth annually in next two years
The Portland Cement Association (PCA) announced it expects US cement consumption to reach 3.5 per cent annual growth during the remainder of 2017 and 2018, based on analysis of ...