Weekly Newsletter

4,217 posts · Page 414 of 422

PPC commits to new DRC plant

PPC commits to new DRC plant

PPC has signed a memorandum of understanding with the Barnet Group, its local partner in the Democratic Republic of Congo (DRC), to build a US$230m cement factory there.

Jaiprakash shortlists new round of divestments

Jaiprakash shortlists new round of divestments

Hot on the heels of selling its Gujarat cement facilities to UltraTech earlier this month, Jaiprakash Associates has initiated talks to sell two units in the Indian state of Him...

August cement demand falls 23% in Spain

August cement demand falls 23% in Spain

Cement consumption in Spain continues its freefall with the figure for August down more than 23 per cent to 886,005t. Production fell by 7.7 per cent from 1,308,090t to 1,207,89...

MPA calls for government to sustain UK industry

MPA calls for government to sustain UK industry

The Mineral Products Association (MPA) of the UK yesterday launched a landmark document for the UK cement industry. The new publication launched on Monday sets out to explain th...

Saudi: strong growth expected to continue

Saudi: strong growth expected to continue

Cement sales in Saudi Arabia are expected to rise by 8.2 per cent this year and rise at a CAGR of 6.3 per cent, a recent report by NCB Capital forecasts. However, concerns are r...

Semen Indonesia to launch new packing plant

Semen Indonesia to launch new packing plant

A new packaging terminal being built by Semen Indonesia in Banjarmasin, South Kalimantan, will be ready in the next quarter and forms part of a strategy to position the company ...

Lucky Cement full-year profit rises 47%

Lucky Cement full-year profit rises 47%

Pakistan-based producer Lucky Cement reported a 47 per cent increase in full-year profit and is optimistic on the outlook for domestic consumption but cautions that challenges r...