Penna to construct Maharashtra grinding unit
Penna Cement Industries to set up a cement grinding unit with a capacity of 0.7Mta at Daund, in the Pune district of Maharashtra. The estimated cost of the project is INR2bn (U...
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Trinetra shareholders give green light for merger
Shareholders of Trinetra Cement Ltd have approved the scheme of amalgamation and arrangement between the company and Trishul Concrete Products Ltd with India Cements. “The ...
Siwertell supplies Saudi road mobile unloader
Siwertell, part of Cargotec, has received an order to supply a road mobile unloader to the cement division of the Rashed Al-Rashed & Sons Group in Saudi Arabia. The unloader ha...
Côte d’Ivoire: retail price takes 20% hike
The dealer price for cement has significantly increased from XOF95,000 (US$156) to XOF110,000/t in Côte d’Ivoire. In terms of the price of 50kg bag, this means a 20 per cent pr...
Dalmia commences trial operations of Karnataka plant
Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Ltd, has commenced operations at its new 2.5Mta cement plant in Belgaum, Karnataka, on 23 March 2015 and has now start...
Buzzi Unicem returns to a net profit
On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a...
PPC and AfriSam call off merger talks
South African cement producers PPC and AfriSam have called off merger talks after they could not reach a consensus on the terms, both the companies said on Friday. Last Dece...
Thailand: Holcim sells stake in Siam City Cement
Holcim Ltd today announces that it has sold its entire remaining shareholding of 27.5 per cent in Siam City Cement (Public) Company Ltd (SCCC) in Thailand via a private placeme...
Dangote commences operations in Senegal, Cameroon
Dangote Cement has commenced operations at new cement facilities in Senegal and Cameroon, which form part of the company's plans to become a pan-African enterprise. The ...
Holcim's No. 2 shareholder reportedly plans to vote against Lafarge merger
Eurocement Holding AG, the second-largest shareholder in Holcim Ltd, plans to vote against the Swiss company's merger with Lafarge SA unless the financial terms of the deal are...
Seruji Ltd acquires 60% stake in Savannah Cement
The Competition Authority of Kenya has approved the proposed acquisition of 60 per cent of the shareholding of Savannah Cement Ltd by Seruji Ltd, according to a Gazette notice ...
Dangote Cement pretax profit down 3.2%
Dangote Cement's pretax profit fell 3.2 per cent to NGN184.68bn (US$928m) last year due to a gas shortage and the impact of wet weather on construction activity, the company sa...
Buzzi offer to purchase SACCI SpA accepted
Buzzi Unicem announced today that further to its proposed purchase of a 99.5 per cent interest in the share capital of SACCI SpA, controlling shareholders have accepted the bin...
Cemex to supply state-of-the-art transit systems in California Bay area, USA
Cemex is to supply structural concrete on two massive, state-of-the-art transit systems in the California Bay Area which, upon completion, are expected to serve more than 61 mi...
Votorantim Cimentos to construct two units in Ceará, Brazil
Votorantim Cimentos is to build two new units in the northeastern Brazilian state of Ceará. The projects, which were presented by company directors on 24 March at a meeting wit...
Holcim launches upto US$741.4m selldown in Siam City shares
Holcim Ltd on Thursday launched an up to US$741.4m selldown of shares in Thailand's second-largest cement company Siam City Cement PCL (SCCC), IFR reported, citing a term sheet...
Lafarge Cement Zimbabwe full-year volumes down
Lafarge Cement Zimbabwe's volumes came off by 7.4 per cent to 312,000t for the year ended 31 December 2014 from 337,000t in the prior year. The decline in sales was attributed...
Hope supplying concrete for the build of 11 wind turbines
Hope Construction Materials (HCM) is supplying 4500m3 of concrete to specialist civil engineering contractor I&H Brown to build 11 wind turbine bases at Crook Hill Wind Farm on...
Cementos Argos readies itself for 'vibrant' US market growth
With US demand recovery on a roll, Cementos Argos is readying itself for 'vibrant' growth in the years ahead with the group having consolidated its presence in nine strategic s...
ARM posts flat full-year pretax profit
Kenya's ARM Cement posted a pretax profit of KES2.02bn (US$22m) for 2014, up one per cent YoY. The cement maker, which also has operations in Tanzania, said its revenue for th...
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