Dangote plans to invest in new Kenya plant
Dangote Cement plans to invest in a new cement plant in Kenya, according to the country’s president’s office.
Weekly Newsletter
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ASEC consortium wins Iraq plant contract
A consortium of ASEC Cement and Iraq's Qemmet El-Iraq has won a contract to rehabilitate and manage for 14 years the Muthanna cement plant in Muthanna Governorate, Iraq. Represe...
S&P lifts Cimpor outlook from stable to positive
Standard & Poor’s has reaffirmed its ‘BB/B’ long and short term rating on Cimpor and InterCement, revising the outlook from stable to positive. The change follows the Outlook re...
Pakistan monthly sales fall
Pakistan cement dispatches fell seven per cent YoY in August due to the Eid holidays and wet weather conditions. Sales were down to 2.15Mt in August 2013 compared to 2.6Mt in th...
Tanga 1H hit by competition, higher costs
Tanzania-based cement producer Tanga Cement reported a 36.7 per cent drop in first-half net profit due to increased competition and operating costs.
Semapa's 1H13 turnover declines
In the first half of 2013, Semapa reported that turnover from its cement division fell 3.2 per cent YoY to EUR233.5m, essentially due to a drop in turnover in Portugal and Angola.
Belgian fines for restricting market access
The three leading cement producers in Belgium, together with two industry associations, have been fined EUR14.7m for restricting market access.
Monthly cement production rises 6.2%, Colombia
Colombia produced 966,800t of cement in July 2013, up 6.2 per cent YoY, according to the latest data from national statistics office Dane. In terms of dispatches, a 11.5 per cen...
Siam City Cement shelves Cambodia plant plans
Thailand-based Siam City Cement (SCCC) has put its plans for a 1Mta cement plant in Cambodia on hold while it concentrates on meeting domestic market needs.
Moroccan sales slide 12.6% in first six months
In the first half of 2013 Moroccan cement sales fell 12.6 per cent YoY to 7.8Mt, although the pace of decline significantly eased in the second quarter, latest statistics from t...