Maruxa Suarez is new Lafarge Villaluenga plant director
Maruxa Suarez has been appointed as the new plant director of Lafarge’s Villaluenga de la Sagra works in Toledo, Spain. She replaces Mariano Garcia Hoyos, who was appointed i...
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Matteo Rozzanigo new FYM CEO
Matteo Rozzanigo has been appointed as CEO of FYM, Italcementi’s Spanish subsidiary. He is tasked with positioning the company in a cement market, which is expected to stabilis...
NCCD plans new Egyptian plant
Egypt's National Company for Construction and Development (NCCD) is to build a cement plant due to the high price of locally-produced cement. The new facility will be aimed at...
Spain: September demand up 6.1%
In September, Spain’s cement consumption rose 6.1 per cent YoY to 959,150t, according to the latest figures issued by Oficemen, the country’s cement association. Spain’s cem...
Holcim and Lafarge to identify non-core assets in India for divestment
Holcim and Lafarge have begun an internal process in India to identify assets which have to be divested to adhere to the requirements of the country’s Competition Commission. ...
Cemex launches Dominican Republic solar power plant
Cemex announced the launch of a 1.5MW power plant to supply renewable energy to its cement plant in San Pedro de Macorís, Dominican Republic. Cemex said the initiative is pa...
Siam Cement 3Q earnings’ outlook
Siam Cement is expected to post a weak net profit for the third quarter of 2014, down 29 per cent YoY and 18 per cent QoQ, according to analysts at SCB Securities. The YoY d...
Peru: September dispatches up 3.7%
Cement dispatches in Peru rose 3.7 per cent in September to 904,840t, according to the country’s cement association, Asocem. Including exports, dispatches reached 946,762t. ...
Holcim breaks ground on Timaru terminal
Holcim has hosted the official groundbreaking ceremony for its new cement import terminal at the Port of Timaru. Member of Parliament for Rangitata, Hon Jo Goodhew planted a ...
Vietnam cement prices to rise?
The price of cement in Vietnam could be increased this month, according to the country's Ministry of Finance, without stating a reason for the potential rise. Cement is curren...
Beni Suef reaches agreement to build coal mill, Egypt
Beni Suef has reached an agreement to build a coal mill worth in 12 months, the cement producer announced in a statement to the stock market. The project, worth EGP200m, will ...
Vicem Jan-Sept sales edge ahead
State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said it sold 16.14Mt of cement and clinker in the first nine months of this year...
UltraTech to bid for Lafarge Holcim assets?
UltraTech Cement is reportedly eyeing cement assets being put on the block by Holcim and Lafarge ahead of their planned merge Local press have speculated that the Aditya Birla...
Oman Cement nine-month net profit declines
Oman Cement Co (OCC) made a net profit of OMR11.4m in the first nine months of 2014, down 8.1 per cent from OMR12.4m in the same period last year, the producer said in a bourse...
Yanbu Cement 3Q profit up 16.4%, Saudi Arabia
Saudi-based Yanbu Cement net earnings grew by 16.43 per cent YoY in the third quarter of 2014 to SAR163m, but declined by 32.37 per cent compared to 2Q14. The company said th...
JSW Group seeks to set up new Karnataka unit
JSW Group, is planning to set up a 3Mta clinker plant at Chittapur in Gulbarga district, in Karnataka state. The company is in the process of seeking statutory approvals to un...
Dangote reduces Ghana prices on cedi appreciation
Dangote, has reduced prices of its cement by GHS2.70 following the gradual appreciation of the Cedi against the dollar and other major international trading currencies. Joesep...
Savannah lines up new capacity investments
Savannah Cement, one of Kenya's newest market entrants, is set to build two new plants as it nears exhaustion of its current capacity, managing director, Ronald Ndegwa, said. ...
Raysut posts 8.9% increase in 9M13
Oman-based Raysut Cement said in a bourse filing that it made a net profit after tax of OMR20.9m (US$54.3m) in the first nine months of 2014, up 8.9 per cent from OMR19.2m in t...
Mikhailovcement Jan-Sept output up 20.2% YoY
Mikhailovcement, part of the Eurocement group, produced 1.21Mt of cement in January-September 2014, up 20.2 per cent on the comparative period of last year. The Mikhailovcem...
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