Semen Indonesia's Myanmar investment discussions still ongoing
Semen Indonesia may withdraw from plans to invest in Myanmar if the company and its local partner fail to reach an amicable agreement over the partnership deal, a company execu...
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Holcim remains committed to Lafarge merger despite SNB move
Holcim said it remained committed to a planned merger with Lafarge despite a move by the Swiss National Bank (SNB) that knocked almost CHF3bn (US$3.45bn) off the Swiss company'...
Togo: foundation stone laid for new 0.2Mta cement works
On 14 January the foundation stone for a new cement plant in Togo was laid in the presence of the country’s president, Faure Gnassingbé. The 0.2Mta Cimtogo-Kara works, locat...
India: UltraTech outlines upcoming greenfield expansion
Following its planned takeover of two cement plants owned by the Jaypee group, UltraTech has outlined its next phase of greenfield expansion. India’s largest cement producer i...
Honduran cement price to hold
Following a suggestion by Silvio Larios, general manager of the Honduran Chamber of the Construction Industry (Chico), to revise the price of cement, representatives of the c...
Russia: Angarsk Cement full-year output up 8% YoY
Angarsk Cement and Mining Plant increased the output of cement to 770,000t in 2014, up eight per cent YoY. Clinker production edged ahead one per cent to 624,000t. The plant t...
Indonesia: a return to higher ground?
As Indonesia’s cement sales growth disappointed last year, the industry is hoping a revival of government infrastructure spending will help overcome recent challenges and retur...
St Marys Cement considers options to enhance capacity
St Marys Cement Inc, part of Votorantim Cimentos, is considering modernising its cement plant in Charlevoix, Michigan, or reopening its Dixon facility in Illinois, on the back ...
Blackstone, CVC reportedly among bidders for Lafarge and Holcim assets
Groups led by Blackstone Group LP and CVC Capital Partners Ltd have submitted bids for assets put up for sale by Lafarge and Holcim, according to reports by Bloomberg citing pe...
Vicem sales exceed full-year target
State-owned Vietnam Cement Industry Corporation (Vicem) sales rose by 3.2 per cent from a year ago and exceeded the year’s target by 5.7 per cent boosted by higher exports. F...
Kenya: Savannah Cement selects database management system
Kenya’s Savannah Cement Ltd has selected the SAP® ERP application powered by SAP HANA® to improve its operational reporting, real time planning and forecasting. Savannah Cem...
Saudi Cement Co 4Q net profit up 8.91%
Saudi Cement Co has posted a 8.91 per cent rise in fourth-quarter net profit to SAR269m (US$71.7m) from SAR247m and 16 per cent QoQ from SAR232m. The YoY rise in fourth-quarter...
Tajikistan to add further capacity over 2015-16
Tajikistan’s Ministry of Industry and New Technologies has said that six new cement plants will be put into operation in Tajikistan in 2015 and 2016, according to reports by Av...
Cameroon: first raw materials arrive at Dangote’s Douala plant
Dangote Cement has received the first cargoes of raw materials for its new cement works at Douala, Cameroon. The delivery consists of clinker, gypsum and pozzolan, produced in ...
Saudi monthly cement sales up 17% YoY
Saudi Arabian cement sales in December 2014 rose 17 per cent YoY to 5.59Mt from 4.79Mt in the same month of the year before, latest statistics published by domestic producer Ya...
Johnston named PCA Government Affairs Vice President
Portland Cement Association named A Todd Johnston as vice president for government affairs, effective 19 January 2015. Based in the association's Washington office, he will rep...
Cementir Holding plans rights issue, Italy
Cementir Holding is to ask it shareholders to approve a rights issue of up to EUR300m, the Italian cement major has said. The board is calling an extraordinary shareholders’ m...
Honduras: Chico calls for lower cement prices
The Honduran Chamber of the Construction Industry (Chico) has requested cement producers to revise the price of bagged grey cement. Cement companies have maintained the price...
Lucky Cement gets go-ahead for coal power plant investment
Lucky Cement Ltd's Board of Directors has approved the investment of around PKR27bn (US$268.4m) to set up a 660MW coal-based power plant in Karachi, Pakistan. Under the name o...
BBMG Corp issues profit warning, China
Chinese cement producer and property developer BBMG Corp said its 2014 net profit is expected to fall by up to 25 per cent from the year earlier, on weaker sales in the prope...
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