Cimentos Tupi to build new plant in Paraná state
Brazilian producer Cimentos Tupi is to invest BRL915m (US$408m) in a new factory in Adrianópolis, Paraná state. According to local news reports, the plant will have a capacit...
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Cemex announces pricing on Senior Secured Notes
Cemex announced the pricing of EUR400m of its 4.750 per cent Senior Secured Notes due 2022 denominated in euros and US$1.1bn of its 5.700 per cent Senior Secured Notes due 2025...
WCC raises US$400m in bond offering, China
West China Cement (WCC) has raised US$400m in a five-year bond deal with proceeds intended to refinance the same amount of debt. With an order book of US$4bn from 260 institu...
Dangote rolls out price cuts, Nigeria
Dangote Cement yesterday said it has reviewed the price of its cement in Nigeria and announced a price cut of NGN100 (US$1)/50kg bag. Speaking to local journalists, the comp...
PCA announces Leadership award winners
The Portland Cement Association (PCA) has recognised Jacqueline Clark, APR, Fellow PRSA of Ash Grove Cement Company, Tim Kuebler of Titan America and Corey Zollinger of Cemex U...
Vietnam cancels five plant projects from Master Plan
Vietnamese Prime Minister, Nguyen Tan Dung, has approved a proposal by the country’s Ministry of Construction to cancel five cement projects from the industry’s Master Plan 201...
Semen Indonesia looks to serve growing Papua market
Semen Indonesia is looking to further cater the Papua area of Indonesia, one of the fastest-growing markets in the country. Company President Director, Dwi Soetjipto, told the...
Semapa 1H14 cement turnover up 5.3 per cent YoY
Semapa, the Portuguese holding company that controls cement maker Secil, said turnover from its cement business operating rose 5.3 per cent YoY to EUR217.3m, driven mainly by i...
Cemex seeks to refinance some bank debt
Cemex said Wednesday it is negotiating with a number of banks to refinance part of its outstanding bank debt, saying hopes to finalise the pact by the end of October. In a r...
Iran’s output surpasses 29Mt in first five months
Iran’s cement output totalled 29.504Mt in the first five months of the current Iranian calendar year beginning 21 March 2014, the country’s Mehr News Agency reported. During th...
Vietnam’s export volumes up 20% YoY
In the first seven months of this year, Vietnam earned US$563.15 from exporting 13.1Mt of clinker and cement, up 24 and 20.4 per cent in value and volume terms, respectively. ...
Malaysia: cement division boosts YTL full-year profit
Malaysia-based YTL Corp posted a 20.8 per cent rise in full-year attributable profit to MYR1.539bn (US$485.7m) to the end of June 2014, largely driven by a good performance by...
UltraTech welcomes Gujarat dealers to its fold, India
India’s largest cement producer, UltraTech Cement, has added to its dealer network following the acquisition of Jaypee's cement assets in the western state of Gujarat. Deale...
Lucky boosted by higher volumes and pricing
Pakistan’s largest cement producer, Lucky Cement, reported a net profit of PKR11.3bn (US$110.34m) for the fiscal ending 30 June 2014, up 16.4 per cent compared to PKR9.7bn in t...
Eurocement appeals Supreme Court ruling on Ahangarancement
The Supreme Economic Court of Uzbekistan has received an appeal from Eurocement Group on the court's decision to annul the privatisation of Ahangarancement, in which the Russia...
Vietnam Jan-Aug sales up eight per cent YoY
Companies in Vietnam sold 42.53Mt of cement in the first eight months of this year, up eight per cent YoY and meeting 68.6 per cent of the year’s target, the Ministry of Constr...
Cuba: Siguaney's Kiln 3 back online this month
The second phase of the repairs at Kiln 3 at Cuba's Siguaney cement plant in Sancti Spiritus is expected to be completed this month. Currently work is being carried out on t...
Siam Cement outlines investment to strengthen ASEAN presence
Siam Cement Group, Thailand's largest building materials company, is preparing to invest THB3.19bn (US$$100m) in its core business, part of the company's to strengthen its high...
Slovenian court revokes Trbovlje environmental permit
The administrative court in Ljubljana has revoked the environmental permit issued to LafargeCement, SeeNews reported citing Slovenian press. The permit was issued to Lafarge i...
Venezuela: Cemento Andino operates at 86% of capacity
Despite production issues, Venezuela's Cemento Andino is running at 86 per cent of its production capacity and is therefore expected to meet its production targets for 2014, ...
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