FLSmidth maintains 2014 guidance
FLSmidth has reviewed and approved the company’s interim report for the six months to 30 June 2014, maintaining its 2014 guidance and noting a significant improvement in margin...
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Corporate restructuring at FLSmidth
FLSmidth has announced a number of organisational structure changes, as well as adjustments to the Group Executive Management. The new organisation will consist of the four di...
Aganang works to launch clinker production
Sephaku Cement has completed the commissioning of the clinker production facility at Aganang, South Africa, and is ready to commence production, the company said in a statement...
Sagar in talks to buy BMM Cements, India
Sagar Cement is in talks to buy BMM Cements as it plans to use the proceeds from the sale of its stake in the Vicat Sagar joint venture to fund growth organically and through M...
CRH to sell Turkish joint venture
CRH and its Turkish partner, Eren Holding AS, have hired JPMorgan Chase & Co to help sell their cement joint venture in Turkey, according to reports in the Irish Times. Source...
Badami takes up role of ACC chief executive officer and MD
Harish Badami yesterday assumed the role of CEO and managing director of India’s second-largest cement producer, ACC. "Harish Badami has taken over as CEO & MD from August 13 ...
Dynamis completes pryroprocessing orders
Brazil-based Dynamis has carried out a number of key pyroprocessing projects for the global cement industry over the past year. Below is an update of the company's recent cemen...
CVC in talks over Holcim Lafarge assets
Private equity firm CVC is in talks with Singapore's Government Investment Corporation over possible joint bids for Holcim and Lafarge assets ahead of their planned merger, Sky...
Indonesian demand poised for recovery
Indonesian cement demand is poised to pick up following a 25 per cent YoY decline last month, analysts at CIMB have said. The bank says July's unusually weak figures were du...
Six Cemex USA cement plants earn EPA’s Energy Star®
Cemex has said six of its cement manufacturing plants have earned the US Environmental Protection Agency ENERGY STAR® certification. The recognition of Cemex USA's plants in ...
Iran’s output climbs to 23.8Mt
Iran produced 23.8Mt of cement during the first four months of the current Iranian fiscal year, which started on March 21. The figure is 31 per cent higher (5.7Mt) than the co...
Modern Cement and Mining Company selects API PRO software
Jordan's Modern Cement and Mining Company has selected API Maintenance Systems' API PRO software to manage assets and to deliver business intelligence analysis. Modern Cement...
Tongling Shangfeng to enter Kyrgyzstan
Tongling Shangfeng Cement, a subsidiary of Gansu Shangfeng Cement, has signed a letter of intent to acquire an equity stake in Zeth Cement of Kyrgyzstan. The Chinese-based c...
Oman: Raysut Cement first-half net profit ahead
Oman’s Raysut Cement reported a 5.9 per cent rise in net profit in the six months to the end of June 2014 while cement volumes held firm despite heightened competition. The ...
Pakistan sales decline in first month of new fiscal
Pakistan cement dispatches during the first month of the new fiscal (FY14-15) proved disappointing with both domestic and export sales registering YoY declines. Total sales d...
New Fijian cement plant officially launched
Tengy Cement (Fiji) Company Ltd (TCFL), a Chinese investment company, has officially launched operations on the island of Fiji. Construction of the plant, situated in the out...
Vietnam sales up 8% in first seven months
Vietnam sold 37Mt of cement in the first seven months of this year, up eight per cent from a year ago and fulfilling 59.75 per cent of the whole-year target, the country's Mini...
CRC attributable profit surges, China
China Resources Cement (CRC) said its profit attributable to owners for the six months ended 30 June 2014 rose 79.5 per cent YoY to HK$2056m. Basic earnings per share were H...
Grinding unit planned for Karnataka, India
JR Super Cement is planning a 200tpd cement grinding unit and a coal-based captive power plant in the district of Bagalkot, Karnataka state, India. The project is waiting for...
Nigeria: Ashaka trebles profit in 1H14
Nigerian Lafarge subsidiary Ashaka Cement has reported a 1H14 profit after tax of NGN3.51bn (US$21.5m), a 201 per cent increase than its 1H13 figure of NGN1.15bn. Pretax profit...
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