Kirkurk cement plant reopens
Iraqi General Cement Co ’s Kirkuk factory, the country’s largest, has resumed operations following a major environmental overhaul. The work to upgrade the 45 year-old plant, fol...
Weekly Newsletter
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East African Portland Cement leadership dispute reaches court
Bruno Obodha, the newly appointed managing director of East African Portland Cement (EAPC) , has filed a court application seeking to overturn an order blocking his assumption o...
Nuvoco Vistas is successful in submitting resolution plan for Vadraj Cement
Nuvoco Vistas Corp Ltd , India’s fifth-largest cement group and a leading player in eastern India, has emerged as the successful resolution applicant of Vadraj Cement Ltd (VCL),...
Brazil sees 4% uptick in 11M sales
Cement sales in Brazil slipped 0.2 per cent YoY to 5.335Mt in November 2024 from 5.365Mt in November 2023, according to the country’s cement association, SNIC. However, sales pe...
DMCI Holdings postpones Semirara cement plant as focus shifts to Cemex acquisition
The Consunji Group’s DMCI Holdings Inc has shelved its plan to develop a cement manufacturing plant on Semirara Island, citing logistical and strategic considerations following ...
Votorantim Cimentos signs proceedings agreement with CADE
Votorantim Cimentos SA signed an agreement with Brazil's Economic Defense Council, CADE, to terminate all administrative and judicial proceedings involving the company and CADE....
India's cement prices to pick up following improving demand forecast
India's cement producers are planning a INR7-10 (US$0.08-0.12)/bag price hike in January on the back of sustained demand improvement and the pick-up in construction activities, ...
USG Supramax shipowners struggling to maintain higher freight rates
The USG Supramax freight market started the month with negative corrections. The market picture looked depressing from the owners’ point of view. Fresh enquiries were limited: t...
Lafarge Africa reports US$37m net profit in 9M24
Lafarge Africa Plc ( Holcim group ) of Nigeria as reported a profit after tax of NGN57.3bn (US$37m) for the nine months ended 30 September 2024, marking a 46 per cent increase f...
InterCement sees EBITDA rise 6% YoY in 3Q24
InterCement Participações SA reported EBITDA growth of six per cent YoY in the 3Q24, on the back of margin recovery in Brazil taking into account the sale of the African operati...