Weekly Newsletter

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Adani group acquires Orient Cement

Adani group acquires Orient Cement

Ambuja Cements , part of the Adani Group , has agreed to acquire Orient Cement Ltd at the equity value of INR81bn (US$963.4m). This binding agreement set Ambuja to acquire a 46....

200th anniversary of the Portland cement patent

200th anniversary of the Portland cement patent

200 years ago today, on 21 October 1824, the patent for Portland cement was granted to Joseph Aspdin (1778-1855), a bricklayer and inventor from Leeds, UK. The product was calle...

City Cement signs JV with Next Generation SCM

City Cement signs JV with Next Generation SCM

Next Generation SCM, a provider of low carbon supplementary cementitious material (SCM), and Nizak Mining Company, fully owned by Saudi Exchange-listed City Cement ( Al Abdullat...

Iranian cement shrinks in September

Iranian cement shrinks in September

Iranian domestic cement sales contracted 11.8 per cent YoY to 5.520Mt in September, down from 6.260Mt a year earlier, according to the Iranian cement association. Producers manu...