Semen Indonesia to sell 49% stake in unit
Indonesia's largest cement producer, Semen Indonesia, plans to sell a 49 per cent stake in one of its units to help fund the company's future expansion, according to Investor Da...
Weekly Newsletter
4,217 posts · Page 326 of 422
Pakistan: producers eye northern construction growth
This week saw further evidence of resurgent growth in Pakistan’s cement industry as dispatches rose 10.6 per cent YoY. With the All Pakistan Cement Manufacturers Association (AP...
Pakistan: cement dispatches rise 10.6% YoY in year to May 2016
Cement dispatches in Pakistan totalled 35.5Mt in the period July 2015 to May 2016, up 10.55 per cent on the corresponding period of last fiscal year, the All Pakistan Cement Man...
Australia: competition body seeks higher Cement Australia fine
The Australian Competition and Consumer Commission (ACCC) has appealed against a court ruling imposing fines of AUD18.6m (US$14m) on Cement Australia, one fifth of the level the...
Holcim Westport land for sale
Following the closure of Holcim's Cape Foulwind cement plant in Westport, New Zealand, the plant site and its 400ha of land are for sale. The 60-year old Holcim plant is due to ...
India: UltraTech commissions Pataliputra plant
UltraTech Cement has commissioned its 15th cement grinding unit at Pataliputra cement works, Maksudpur Pargana, dist. Patna, Bihar in 1Q16. The unit will cater to the markets of...
Cemex Holdings Philippines set for record IPO
Cemex Holdings Philippines Inc has obtained regulatory approval to launch an initial public offering (IPO) worth PHP39.74bn (US$854.3m), which could be the largest stock market ...
Sri Lanka: LafargeHolcim to exit market
LafargeHolcim is to sell its operations in Sri Lanka - a bagging plant, a grinding plant and the island's only integrated facility - as part of its wider divestment strategy, Ec...
Malaysia: slow cement growth in 2016
Malaysia is proving to be a challenging market for Lafarge where it is reported to have seen profits fall by 72 per cent in 1Q16 to US$5m. While this has resulted partly from pr...
Philippines: Holcim Q1 revenues up 17.2%
Holcim Philippines have released trading figures for 1Q2016, revealing that revenues have increased 17.2 per cent YoY to PHP10.1bn (US$216m), reports InPR.