Mexico: Cemex increases cement price 11%
Cemex notified its distributors that from January 2017 it will increase the price of grey cement by around 11 per cent nationwide. Other producers such as Holcim and Cruz Azul a...
Weekly Newsletter
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Lafarge Surma Cement acquires Holcim Bangladesh
The Board of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from LafargeHolcim Group. The transaction is subject to approval b...
Indonesian cement sales fall 9% in November
The Indonesian cement market is seeing a steep fall in cement sales as the year draw to a close. Cement sales volume during January-November 2016 was almost stagnant with Novemb...
Slovenia: Salonit receives EUR15m EBRD loan
The European Bank for Reconstruction and Development (EBRD) has announced it is to provide a EUR15m loan to Salonit Anhovo to help it improve its operations. The funds will be u...
Bahrain: APICorp acquires 30% Falcon Cement stake
Multilateral development bank Arab Petroleum Investments Corp (APICorp) announced it acquired a 30 per cent stake in Bahrain’s Falcon Cement Co (FCC), one of the largest cement ...
Côte d'Ivoire: Anyama grinding unit nears completion
Oumar Tembely, the director and resident head of mission of the West African Development Bank (BOAD) in Côte d'Ivoire, led a delegation on
Egypt: IDA to allow cement producers to pay licenses in installments
The Industrial Development Authority (IDA) is allowing the three winners of last week's cement production license auction to pay license fees in annual instalments, Al Mal repor...
Philippnes: DMCI Holdings wants new cement plant on Semirara island
DMCI Holdings Inc is planning to build a cement plant on Semirara Island in the Visayas worth PHP18.3bn in an industry dominated by foreign manufacturers. The company hopes it c...
Argos becomes the fourth largest US cement producer
Cementos Argos is now the fourth largest cement plant in the United States after the Federal Trade Commission approved the acquisition of the 2.2Mta Martinsburg cement plant and...
Ghana: CIMAF plant opens for business
Ghanaian president John Dramani Mahama has officially opened his country’s newest cement plant, a 1Mta grinding facility owned by CIMAF, according to a report in Ghana Business ...