Deadline day reached for Lafarge India bids
Today (4 July) sees the passing of the deadline by which bidders must submit binding offers for Lafarge India's assets. According to press sources, five companies – three domest...
Weekly Newsletter
4,217 posts · Page 324 of 422
What does the Brexit crisis mean for Europe?
On 23 June the United Kingdom voted in a referendum to leave the European Union. For most, this was a totally unexpected result and there is no question it will have deep politi...
Russia: demand set to fall by up to 12% in 2016
Demand for cement in Russia may drop 10-12 per cent in 2016, according to a representative of Moscow-based Eurocement Group.
Pakistani exports record YoY fall but MoM rise
Pakistan's cement exports have recorded a marked fall in the first 11 months of FY15-16 as overseas demand has dropped and competition has intensified, according to data of the ...
India: ICRA forecasts cement demand to rise 6% in FY17
Indian-based ratings agency ICRA has forecast that domestic cement demand will rise by six per cent in the 2016-17 financial year, the Economic Times reports. It’s assessment fo...
China: BBMG sells stakes to Jidong Cement
Chinese building materials supplier, BBMG Corp has plans to sell its stakes in 31 cement-related companies to Jidong Cement. The stakes on offer are valued at CNY15.5bn (US$2.3bn).
Brazil: Votorantim opens BRL860m plant
Votorantim Cimentos opened its 1.2Mta cement plant in Primavera, Pará yesterday. Votorantim expects the plant to reach 50-60 per cent capacity this year. The new works cost BRL8...
Uganda's cement output slows
Uganda’s cement industry has seen a sudden reverse in prospects as the country’s Bureau of Statistics (UBOS) warned of lower cement production during the months of March and Apr...
Syria: Lafarge protected interests from ISIS
According to French newspaper Le Monde, Lafarge entered into deals with armed groups in Syria, including the Islamic State, to protect its staff and business interests in the co...
Adelaide Brighton sees potential in US$2bn acquisition
Adelaide Brighton Group says it has carried out detailed work on a potential US$2bn acquisition of the Australia and New Zealand operations of LafargeHolcim, including a plan t...