Tanzania: Tanga Cement to double clinker capacity
The Tanga Cement Company Limited (TCCL) has announced plans to raise output to 1.2Mt once the new kiln line is operational at its plant in northeastern Tanzania, East African Bu...
Weekly Newsletter
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Vietnam: production rises 16.1% over first five months
Cement production in Vietnam reach 31.4Mt in the first five months of this year, rising 16.1 per cent from a year earlier, the government-run General Statistics Office said. In ...
Pakistan: Fauji Cement silo collapse disrupts production
Fauji Cement Company Ltd (Pakistan) has reportedly halted production due to the collapse of the raw material silo at its Jhang Bahtar cement plant in Attock District, Punjab. Th...
European Commission gives green light to HeidelbergCement's Italcementi acquisition
HeidelbergCement has received clearance from the European Commission for the acquisition of Italcementi. The European authority accepts the proposed divestment of operations in ...
US performance gives Cementos Argos strong 1Q16
In the 1Q16 Cementos Argos reported an income of COP2.2trn (US$720.1bn), up 334 per cent compared to the same period in 2015. EBITDA ascended to COP425bn, a 38 per cent increase...
Italy: Consolidation needed as consumption forecast to remain depressed
With the European Commission having this week given the go-ahead to HeidelbergCement’s acquisition of Italcementi, Italy’s largest cement producer is set to become even less dep...
Malaysia: Lafarge takes 1Q16 hit on net profits
Lafarge Malaysia Bhd is optimistic about its prospects this year despite having had a challenging 1Q16. The company's net profit fell nearly 72 per cent to US$5m in the first qu...
India: HeidelbergCement 4Q FY16 margins up 16.5%
Operating margins of HeidelbergCement India jumped 18 per cent in the fourth quarter of FY16 compared to 16.5 per cent in the same period last year.
Brazil: LafargeHolcim opens new production line in Barroso
LafargeHolcim has begun production at a new line in its Barroso plant in the state of Minas Gerais, Brazil. The new line raises the plant's capacity to 3.6Mta. Equipment include...
China: West China Cement to agree to Anhui Conch ownership
Yesterday, shares in West China Cement rose nearly six per cent on news that a sufficient majority of option-holders had agreed to an acquisition by largest listed Chinese peer,...