Pakistan first-half cement sales edge ahead
Pakistan’s cement sales in the first half of fiscal FY14 edged ahead by 1.8 per cent with a long-awaited pick-up in exports recorded in December, latest data from industry asso...
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Hope Construction celebrates first anniversary
Hope Construction Materials, the UK’s newest cement and concrete supplier, today celebrates its first anniversary having opened for business in January 2013 following the purch...
Ecuador Jan-November sales rise 9.8%
Ecuador cement sales over the January-November 2013 period increased by 9.8 per cent to 6.043Mt, latest data from industry association Inecyc shows. During November 2013 sales...
Dujiangyan Lafarge Cement stake to be acquired
Sichuan Shuangma Cement plans to issue 148m shares to Lafarge China Overseas Holding at CNY832m (US$137.4m) to acquire a 25 per cent of Dujiangyan Lafarge Cement. Lafarge C...
Fujian Cement raises CNY87.8m from disposal of Industrial Bank shares
Fujian Cement Inc has sold a combined 12m shares in Industrial Bank Co Ltd at CNY10/share between 30-31 December 2013, the company announced in a statement. The Fujian Provinc...
Semen Indonesia anticipates double-digit 2014 sales increase
Semen Indonesia expects an 11 per cent sales increase this year as the country’s leading producer enhances its distribution network to better serve expected increases in demand...
Pakistan: quarterly gains expected
Pakistan cement dispatches during the second quarter of the current fiscal are expected to have increased by 5.13 per cent on a QoQ basis to 8.2Mt compared to 7.8Mt in the firs...
ARM awaits board approval for South African project
ARM Cement is still awaiting board approval for the construction of a new cement plant in South Africa, the company's managing director, Pradeep Paunrana, has said. Mafikeng ...
Chief executive succession at CRH
CRH plc confirms that Albert Manifold has succeeded Myles Lee as group chief executive, effective 1 January 2014. Mr Lee has retired after 32 years with the group including...
Colombia: market expands 6.9% in November
Grey cement production in Colombia during November 2013 totalled 1.02Mt, a 9.6 per cent increase when compared with the same month of the previous year. In addition, the dome...
Akhangarancement hits 1.5Mt of cement output during Jan-Nov period
Akhangarancement, part of Eurocement Group, has reported a rise in clinker in cement production in the first 11 months of 2013. Over January-November, the Russia-based produce...
Ha Tien 1 Cement issues new shares to reduce debt, Vietnam
Ha Tien 1 Cement JSC (HT1) has completed the issuance of 120m new shares in a private placement to Vietnam Cement Industry Corporation (Vicem), the country’s leading cement pro...
Peru’s Jan-Nov demand advances 7.5% YoY
Cement dispatches in Peru fell from 939,135t in October to 896,600t in November. However, the country’s cement companies produced 920,636t, up from 916,774t the previous month ...
Habesha secures letter of credit for new plant project, Ethiopia
Habesha Cement SC has secured a letter of credit (LC) for its Chinese contractor from the Eastern & Southern Africa Trade & Development Bank (commonly known as the PTA), Fortun...
Korean cement hit by USD19m losses as rail strike ends
The Korean railroad workers union called an end to its 22 day strike on December 30, leaving the domestic cement industry to count its losses. The cement industry relies on ra...
Indian cement recovery under pressure in 2014
Indian cement sales in 2014 are expected to remain under pressure on the back of slower government spending as fiscal deficit concerns mount, and a slow recovery in the capital...
PT Semen Padang orders new line, Indonesia
PT Semen Padang, part of the Semen Indonesia Group, has ordered a new cement production line with a capacity of 8000tpd from FLSmidth (Denmark), worth EUR40m (DKK 300m), accord...
EAPCC in spat with CMA over Lafarge appointment
East African Portland Cement Company (EAPCC) has gone to court, seeking to lift the suspension of its annual general meeting resolutions by the Capital Markets Authority (CMA),...
Holcim Philippines, lnc. scoops environmental award
Holcim Philippines, Inc. received eight awards at the Annual National Mine Safety and Environment Conference (ANSMEC) Awards Nights, including the highest honour for excellence...
Oman seeks anti-dumping measures
UAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neigh...
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