Semen Indonesia closing in on Bangladesh acquisition
PT Semen Indonesia is trying to complete the acquisition of a Bangladesh cement company in the near future, said PT Semen Indonesia's Director of Business Development and Strat...
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Fitch rates West China Cement's Proposed Notes 'BB-(EXP)'
Fitch Ratings has assigned West China Cement Ltd's (WCC) proposed US dollar senior unsecured notes an expected rating of 'BB-(EXP)'. The notes will be issued by WCC and guarant...
India: Ramco to set up new Andhra Pradesh plant
Chennai-based Ramco Group is planning to establish a cement plant in Kurnool district, Andhra Pradesh (AP). A Ramco delegation headed by company Vice Chairman, PR Venkata Ram...
Argos wins Social Responsibility Award
Argos has become the first Colombian company to win the Social Responsibility Award, by the Inter-American Federation of the Construction Industry in partnership with the Latin...
Work begins on Pakistan bulk terminal project
Work has begun on the Pakistan International Bulk Terminal project at Port Qasim, the country’s first terminal for handling coal, clinker and cement. The state-of-the-art mult...
Cimpor's 1H14 cement sales rise by 10.8%
Cimpor's first-half turnover showed a 4.4 per cent decline to EUR1243.1m, but at constant exchange rates there was a 22 per cent increase, while the EBITDA did improve by 1.6 p...
Heracles profit lifted by exports, demand pick up
Greece-based Heracles General Cement Co reported a 9.3 per cent YoY increase in sales for the first half of 2014 to EUR123.4m. At the parent company level, sales reached EUR110...
ZETH breaks ground on Kyrgyzstan plant
The ground ceremony for a new cement plant in northern Kyrgyzstan was held on Friday by ZETH Cement, a local subsidary backed by Chinese investors. The project will be located...
Semen Indonesia Myanmar investment delays
Semen Indonesia may have to postpone expansion into Myanmar until next year due to prolonged negotiations with its local partner, a company executive told the Jakarta Post. Fi...
Cemex Dominican Republic unveils EvolutionEco concrete
Cemex Dominican Republic has pledged lower costs, shorter construction time and higher quality during the launch of its new "EvolutionEco" concrete last week. Cemex Dominica...
Unicem kicks off Mfamosing expansion project
The groundbreaking ceremony for United Cement Co of Nigeria’s (Unicem) new 2.5Mta line at its Mfamosing works took place on Tuesday, 2 September 2014 in the presence of the cou...
Pakistan's export earnings down by one-third
During the first month of the new Pakistan fiscal, cement exports declined by 30.31 per cent YoY to 557,159t, with shipments to Afghanistan falling significantly. In revenue te...
First-half US cement shipments up 7%
Total shipments of Portland and blended cement in the US and Puerto Rico for the year through June 2014 reached 39.5Mt, up by about seven per cent from the same period in 2013....
China Tianrui Group Cement Co attributable profit climbs 15.6% YoY
China Tianrui Group Cement Co said its attributable net profit for the six months to the end of June 2014 rose 15.6 per cent YoY to CNY327m (US$53.2m). Revenue rose 15.4 per c...
Colombian monthly demand jumps 8.1%
Colombian cement consumption increased 8.1 per cent to 1.059Mt in July 2014 when compared with the same month a year ago, according to the country's statistics office, Dane. Th...
Semen Indonesia looks to diversify business portfolio
Semen Indonesia is exploring potential in non-cement related industries as it looks to diversify its business portfolio, with the property business first on its list. Compan...
West China Cement: proposed bond offering for refinancing
West China Cement (WCC) proposes to conduct an international offering of senior notes and will commence a series of roadshow presentations beginning on or around 1 September 20...
FLSmidth to expand Australian ‘Supercenter’
FLSmidth is to expand its Australian ‘Supercenter’ in Perth, Australia, to double the facility’s warehouse and workshop from 5000m2 to 10,000m2. The expansion will allow FLSmi...
Boral's cement shipments rise by three per cent
Boral's turnover in its financial year to the end of June 2014 eased by 1.6 per cent to AUD5204m (EUR3646m), but the EBITDA improved by 3.9 per cent to AUD556m (EUR390m). Th...
KHD sees slight rise in 1H revenue
German equipment and cement industry services specialists KHD Humboldt Wedag reported a slight increase in first-half revenue compared to the same period of last year but saw a...
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