Qatar demand slows during Ramadan
Cement demand in Qatar has dropped by 40 per cent during Ramadan, prompting the country’s largest cement producer to undertake maintenance work during the slowdown. Speaking...
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China Tianrui Group expects 15% rise in 1H14 net profit
China Tianrui Group Cement said it expects to record an increase of about 15 per cent in consolidated net profit for the six months to the end of June 2014 compared to the same...
Rep Congo: Sonocc threatens to cease Brazzaville supply
Société Nouvelle des Ciments du Congo (Sonocc) has threatened to stop the flow of product to Brazzaville, Republic of Congo, after the government proposed a decrease in the cem...
Venezuela signs cement plant agreement with China
Venezuela and China signed a framework agreement for the installation of a new cement plant in the state of Lara, Venezuela, which is expected the basis for the installation of...
Umm Al-Qura signs financing agreement, Saudi Arabia
Umm Al-Qura Cement Company announced the signing of an Islamic financing agreement with The Saudi British Bank (SABB) on 22 July for SAR 618.874m. The financing has a tenor o...
Cemex EBITDA margin under pressure
Cemex' first-half turnover improved by 5.7 per cent to US$7736.5m and the EBITDA edged ahead by 1.5 per cent to US$1269.7m, while the trading profit improved by 4.5 per cent ...
UltraTech full-year hit by operational costs
UltraTech Cement, an Aditya Birla Group company, today announced its financial results for the year ended 31 March 2014. Full-year net sales stood at INR58.32bn compared to IN...
Gebr Pfeiffer wins Algeria order
Gebr Pfeiffer SE has won a contract to supply a MVR 6700 C-6 cement mill and an MVR 6000 R-6 raw mill for Lafarge’s cement plant near the Algerian town of Biskra. This acqui...
Lafarge Holcim antitrust reviews ‘on-track’
Holcim and Lafarge are in "advanced" discussions with European antitrust regulators over their proposed merger, Bernard Fontana, chief executive of Holcim, told the Wall Street...
A TEC awarded preheater optimisation contract at Turkish cement works
A TEC Production & Services GmbH has been awarded an engineering contract for the upgrade and efficiency optimisation of Çimentas Elazig’s preheater at its cement plant in Elaz...
Arabian Cement second-quarter exceeds analysts’ forecasts
Saudi-based Arabian Cement reported a 60.2 per cent rise in second-quarter net profit to SAR199.8m (US$53.3m), beating analysts' forecasts. Al-Rajhi Capital noted that while ...
Capstone wins order for Indonesian cement plant
Capstone Turbine Corporation has received an order from Indonesia for a Capstone C800 system to power a cement factory in Balikpapan, Indonesia. The order was secured by Serba...
Hope invests GBP3.6m in new Mercedes-Benz truck fleet
Hope Construction Materials, Britain’s leading independent supplier of construction materials, is bolstering its 300-strong concrete mixer fleet with 36 new Mercedes-Benz truck...
Lafarge acquires Kercim grinding plant, France
Lafarge has acquired Ciments Kercim's grinding plant, located in the bulk terminal port of Nantes-Saint-Nazaire, western France. The 0.6Mta Kercim facility, launched in spri...
Colombia boosts Cemex Latin American Holdings
First-half turnover at Cemex Latin American Holdings improved by 6.1 per cent to US$864m while EBITDA declined by 7.5 per cent to US$283.1m. At the trading level there was a...
ARM Cement first-half pretax profit 20% higher YoY
ARM Cement's pretax profit rose 20 per cent to KES1.2bn (US$13.68m) in the first half of 2014, the Kenyan firm said on Friday. Total revenue increased by 16 per cent YoY to K...
Tanga Cement and TANESCO sign power supply agreement
Tanga Cement Company and Tanzania Electric Supply Company (TANESCO) have signed a power supply agreement that ensures the cement producer receives 40MVA through a substation in...
Ashaka to fast-track Gombe plant expansion, Nigeria
The board of directors of Nigerian producer Ashaka Cement plc, with the support of parent company Lafarge, has agreed to fast-track the expansion of its US$617m cement plant in...
Semen Indonesia increases Vietnam spend
Semen Indonesia has increased the amount it plans to spend on its next Vietnamese acquisition as it sets its sights on a higher-capacity purchase. Speaking to the Jakarta Glo...
Namibia: Ohorongo's biomass boost
Namibia-based Ohorongo Cement plant plans to use blackthorn as biofuel for cement production, helping the southern Africa country's sole cement producer keep energy costs dow...
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