Ten bidders chase LafargeHolcim Indian assets
The sale of LafargeHolcim's Indian operations has attracted considerable interest, with the company having received bids from 10 groups interested in buying the assets. Accordin...
Weekly Newsletter
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India: ACC Ltd to raise capacity to over 33Mta
ACC Ltd will spend about INR6000 (US$89.9m) in 2016-17 to complete its cement capacity expansion plans. ACC is building two cement units at Jamul and Sindri with a combined capa...
Saudi Arabia lifts ban on cement exports as construction sector slows
A senior official in Saudi Arabia has said that the kingdom's ban on cement exports has been lifted. According to reports from Reuters, the ban - imposed in 2008 and renewed in ...
PT Semen Baturaja will open a new plant in 2017 and targets strong sales
A major growth area for state-owned PT Semen Baturaja is South Sumatra, where the company has signed contracts with several firms to build a new plant called Baturaja II in anti...
Vietnam PM approves Thaicement Ha Tien works
Vietnam's Prime Minister, Nguyen Xuan Phuc, has approved the investment in Thaicement's 4.5Mta Ha Tien plant in the Mekong delta province of Kien Giang as part of projects to be...
Syria: IS kidnaps 300 Al Badia cement workers
Some 300 employees and contractors of the Al-Badia Cement plant have been abducted by Islamic State (IS) militants in Dumeir, some 30km northeast of the Syrian capital, Damascus...
The BRICs come under pressure
While the cement world has been concentrating on the slowdown in China and the large-scale mergers in India's cement sector, there has been little notice to the plight of other ...
Ethiopia: Dangote keen on further expansion
Speaking to Ethiopian news portal, 2Merkato, Aliko Dangote, announced the Nigeria-based cement group would expand its investment in Ethiopia. Aliko Dangote, the Nigerian billion...
Cote d'Ivoire: Work starts on second CIMAF plant
Plans to bring Société Ciment d'Afrique's (CIMAF) production capacity in Côte d'Ivoire to 2Mta by 2017 were outlined in a meeting yesterday between Moroccan investors and the co...
Pakistan: cement industry excels in March
Pakistan's cement industry has returned an excellent performance in terms of domestic and export fronts during the month of March. It has recorded its highest ever monthly dispa...