Prosperity considers Anhui Chaodong transaction
Prosperity Minerals Investment Ltd (PMIL), a wholly-owned by Prosperity International, is contemplating a transaction involving Anhui Chaodong Cement Co Ltd (ACC), a company who...
Weekly Newsletter
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Dangote inaugurates Ethiopian cement plant
Dangote Cement has inaugurated its US$480m integrated cement works in Ethiopia in the presence of Prime Minister Hailemariam Desalegn. The new facility has a capacity of 2.5Mta ...
US monthly shipments ahead, imports up 66%
Portland and blended cement shipments in the US and Puerto Rico in March 2015 rose by 3.5 per cent YoY to 6.3Mt, latest data from the US Geological Survey (USGS) show. Shipments...
Arabian Cement Co 1Q revenue rises 11% YoY
Arabian Cement Company (ACC) said first-quarter revenue increased by 11 per cent to EGP585m (US$76.6m) compared to EGP529m a year earlier. The advance was mainly attributed to a...
Secil 1Q15 boosted by Angola operations
Semapa, the Portuguese holding company that controls Secil, said turnover in its Cement and Derivatives Business unit for the first quarter of 2015 increased by 2.4 per cent YoY...
Holcim launches exchange offer for Lafarge shares
Holcim said Monday it has launched the public exchange offer for all the shares of Lafarge, marking the final stage of the merger of the two cement majors. Shareholders in Lafar...
Votorantim announces Turkish expansion
Votorantim Cimentos is to triple the capacity of Sivas cement plant in Turkey involving an investment of EUR140m, representing the largest spend for the company outside the Amer...
Lafarge Tarmac achieves ISO 50001
Lafarge Tarmac has achieved the international energy management standard, ISO 50001, across its Cement and Lime division. It’s the first step in rolling the certification out ac...
Ang plans to increase capacity in the Philippines
Philippine businessman Ramon S Ang plans to expand capacity of his privately-held Eagle Cement Corp as well as construct two new cement plants in the country. In an interview pu...
Cemex raised to Buy at Longbow
Cemex is upgraded to Buy from Neutral by Longbow, based on continually improving fundamentals in the cement industry with price increases of 8-10 per cent supported by volume gr...