Jaiprakash reportedly in talks to sell Bhilai unit to UltraTech
Jaypee Group company Jaiprakash Associates is in talks with UltraTech Cement to sell its 2.2Mta cement plant in Bhilai, Chhattisgarh state, Business Standard report suggests. ...
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Holcim Indonesia seeks IDR2.5trn loans for refinancing
Holcim Indonesia is looking for IDR2.5trn (US$189.59m) in loans to refinance its maturing debts and wants to replace foreign-denominated debt to ease the currency burden, accor...
Cementos Portland names non-executive president, Spain
Spanish cement maker Cementos Portland has appointed Alicia Alcocer Koplowitz as a non-executive president, the company said in a filing with stock market regulator CNMV. Alic...
CMS Bhd 1Q pretax profit up 44%, Malaysia
Sarawak-based Cahya Mata Sarawak Bhd (CMSB) reported a 44 per cent rise in pretax profit for the first quarter of 2015 to MYR95.01m, driven by its Construction & Materials Trad...
Lafarge and Holcim reorganise group functions
Lafarge and Holcim are each preparing the reorganisation of group functions in the context of their proposed merger. Holcim’s proposed new organisation would result in a net ...
Spain: April cement demand up 13% YoY
Cement consumption in Spain has expanded by 13.3 per cent to 961,712t in April 2015 when compared with April 2014, according to cement association, Oficemen. For the first fou...
Weaker Brazil markets depress Cimpor's profits
Cimpor has reported a first quarter turnover 7.4 per cent higher at EUR636.6m but the EBITDA declined by 7.2 per cent to EUR123.4m. The trading profit (EBIT) was 17.6 per cent ...
Morocco sees monthly demand uptick
Moroccan cement orders increased 3.35 per cent in April to 1.38Mt from 1.33Mt in April 2014. The regional markets in particular supported this growth with Oued Eddahab reportin...
Vicem monthly sales down 3.1% YoY
State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said it sold about 2.24Mt of cement and clinker in April, down 3.1 per cent from...
JSW Cement plans portfolio of grinding Indian grinding facilities
JSW Cement plans to install 10 grinding units across India over the next three years in addition to expanding its existing facilities. According to the initial proposal outl...
PPC's first-half revenue lifted by higher Zimbabwe, Botswana and Rwanda volumes
PPC’s group cement sales volumes rose by five per cent above last year's figure, with strong demand growth in its African businesses offsetting lower demand in the core South...
Kaspar EA Wenger is designated chairman of the Board of Holcim (Schweiz) AG
In the framework of the progressing merger between Holcim and Lafarge, Kaspar EA Wenger will become designated chairman of the Board of Holcim (Schweiz) AG, effective 30 June 2...
Fauji Cement inaugurates WHR project, Pakistan
Fauji Cement Company Ltd (FCCL) has inaugurated a 12MW waste heat power project at its factory in Jhang Bahater, Attock district of Pakistan. Sinoma Energy Conservation of C...
US first-quarter shipments seen exceeding 16.4Mt
Portland and blended cement shipments in the US and Puerto Rico over the first three months of 2015 are expected to have amounted to 16.44Mt, according to preliminary data from...
Ohorongo wins Environmental Excellence award
Ohorongo Cement has received the first Environmental Excellence Among Industries Award hosted by the Environmental Investment Fund (EIF) of Namibia, which works in close liaiso...
Jaiprakash gets shareholder go-ahead to sell to units to UltraTech
Jaiprakash Associates Ltd has received shareholder approval to sell two cement units in Madhya Pradesh to UltraTech Cement Ltd, the company said in a notice to the stock exchan...
Approval for Mitsubishi terminal expansion, USA
The Long Beach Board of Harbor Commissioners approved the Mitsubishi Cement facility modification Project last week, which will allow the company to meet increasing regional de...
Dangote revenues boosted by new capacities
Dangote Cement reported a double-digit rise in first-quarter revenue, boosted by contributions from its new factories in Africa. Group cement sales volumes rose by 3.4 per ce...
South Africa imposes duties on Pakistan cement imports
South Africa has imposed provisional anti-dumping duties ranging from 14.29 per cent to 77.15 per cent on Portland cement originating in or imported from Pakistan, effective 15...
Algeria: Lafarge-Souakri plant operational in August
Lafarge Algeria and Souakri’s joint venture, the 2.7Mta Biskra cement works, is expected to deliver its first bag of cement in August 2015, according to Eric Meuriot, head of L...
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