Italcementi obtains EBRD loan for plant revamp
The Italcementi Group has signed an agreement with the European Bank for Reconstruction and Development (EBRD) granting it a loan for approximately EUR20m to fund the modernisat...
Weekly Newsletter
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South Africa: PPC to reshuffle board
PPC and its investors have agreed to reshuffle the company's board, calling off a special shareholder meeting scheduled for next Monday.
Cemex to resume Tepeaca plant expansion
Cemex announced that it is to restart the expansion of its Tepeaca cement plant in Mexico having put the project on hold in 2008. The additional investment involves 4.4Mta of ne...
Colombia’s October cement dispatches up 5.5%
Cement dispatches in Colombia saw a 5.5 per cent YoY expansion to 1.09Mt in October 2014, according to the latest data published by Dane, the country’s statistics office.
Buzzi Unicem finalises Uralcement acquisition
Buzzi Unicem, through its wholly-owned subsidiary Dyckerhoff GmbH, has completed the acquisition of a 100 per cent interest in Uralcement, Russia, from Lafarge. Uralcement is lo...
Venezuela: Holcim receives final installment
Holcim today announced that the group has received the last compensation installment in connection with the nationalisation of Holcim Venezuela in 2008. Corporación Socialista D...
Omani producers face hike in natural gas prices
Oman’s two leading cement producers are looking to mitigate the effects of an impending rise in natural gas prices which are expected to lead to an increase in the cost of cemen...
Dalmia Cement acquires full control of Bokaro Jaypee Cement
Dalmia Cement (Bharat) Ltd has acquired full control of Bokaro Jaypee Cement Ltd (BoJCL), following the purchase of the 26 per cent stake in the company it did not already own. ...
Cimpor African results improve 9M14
Cimpor's nine-month turnover declined by 1.6 per cent to EUR1952.2m and the EBITDA was off by 4.2 per cent to EUR461.1m as the Brazilian, Argentine and South African currencies ...
Government support of Canadian plant to be investigated
Senator Sherrod Brown (D-OH) welcomed the move by the Office of the US Trade Representative to press Canada at the World Trade Organization (WTO) over a financial assistance pac...