South Valley Cement 9M14 net profit up 10.5% YoY
Giza-based South Valley Cement Co's net profit for the first nine months of 2014 rose by 10.5 per cent YoY to EGP100.58m (US$14m). Net profit for the corresponding period of ...
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Graymont to acquire lime assets from Holcim New Zealand
Graymont, the Canadian lime business, has agreed to buy McDonalds Lime from Holcim New Zealand and New Zealand Steel for an undisclosed sum. An agreement has also been reached ...
Siwertell wins 'Best Ship Loading/Unloading System' industry award
Siwertell, part of Cargotec, recently won its fourth IBJ (International Bulk Journal) award for its Siwertell products. This year, as in 2013 and 2009, Siwertell received the a...
Hope Construction Materials introduces TomTom Telematic to fleet
Hope Construction Materials, the UK’s leading independent supplier of construction materials, is introducing TomTom Telematics technology to their 400-strong fleet to improve s...
LSR to sell Slantsy cement plant to Eurocement
LSR Group is selling its Slantsy plant in the Leningrad region of Russia to the country’s leading cement producer, Eurocement Group. The parties have signed preliminary sales a...
CRH announces clay and concrete disposals
CRH has said that it has reached agreement to dispose of its clay and concrete businesses in the UK and its clay business in the US to funds managed by Bain Capital Europe LLP ...
Saudi monthly sales up 39% YoY
Saudi Arabia's cement sales rose 39 per cent YoY to 5.09Mt in November 2014 from 3.65Mt in November 2013, according to statistics published by Saudi cement producer Yamama Ceme...
Cementos Cosmos increases Toral clinker output 6%
Cementos Cosmos’ Toral de los Vados cement works in Spain increased clinker production by six per cent this year to 670,000t. Some 185,000t of the plant’s output has been ex...
PPC receives 17 nominations for non-executive director positions
PPC has received a total of 17 nominations for non-executive director positions on the reconstituted and expanded board by the 8 December 2014 closing date for nominations, Kev...
Power crisis reduces Ghacem output
Ghana’s largest cement producer, Ghacem, said that ongoing power cuts to manufacturing industries have “significantly” reduced its output, leading to concerns on supply shortag...
Vietnam exports surpass full year target
Vietnam exported about 19Mt of clinker and cement in the first 11 months of this year, surpassing the whole-year target by 26.67 per cent, the Vietnam Building Material Associa...
Ciments de L’Afrique awards grinding contract
Ciments de L’Afrique has awarded the contract for a new cement grinding plant to CEMTEC which will be established at the cement producer’s existing facility 15km outside of Abi...
Atrus halts Russian plant construction
Austrian company Atrus Cement Holding AG has halted the construction of a cement plant in Krasnodar territory indefinitely, a source familiar with the situation told Interfax. ...
Peru: Pacasmayo Piura to come online in July 2015
Cementos Pacasmayo has invested US$190m in its new Piura plant, Peru, and civil works have been almost completed. “The new plant is a project that we have started more than ...
Three potential candidates for PPC chief executive role
PPC is considering Darryll Castle as one of three candidates to become CEO of South Africa's biggest cement maker, a person familiar with the matter told Bloomberg. Castle, f...
Cemex UK takes delivery of new cement mixer fleet
Cemex has taken delivery of a fleet of new cement mixers after a ground-breaking deal with a leading vehicle solutions firm. The company ordered 11 of the specialist 26t vehic...
South Africa: PPC receives merger offer from AfriSam
South Africa’s leading cement producer, PPC, has received a merger offer from local rival AfriSam that would create a dominant player in the country. “The Board is considerin...
Devnya wins “Building of the Year 2014” award
Italcementi’s modernisation of the Devyna Cement plant, undertaken by CBMI Construction Co of China, has been awarded Bulgaria’s "Building of the Year 2014" award under the Ind...
Indonesian: expected sales rebound ahead
Indonesian cement demand growth is expected to slow in 2014 but sales are anticipated to rebound next year as new projects get underway. For full-year 2014 the Indonesian Ce...
Saudi: City Cement starts trail operations of Line 2
City Cement Company has started trial operations of a second production line, the Saudi-based producer said in a bourse filing. The company said the new production line will h...
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