New DR Congo project set for financial close
Lucky Cement is in the process of negotiating finance terms and conditions with multilateral and financial institutions for a 1.8Mta cement plant in the DR of Congo. With most ...
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Euroconstruct adjusts 2013-15 forecasts
Construction forecast group Euroconstruct has published its updated Construction Investment forecasts for 2013-15 which sees a three per cent decline this year across the 19 co...
AVIC confirms bid for KHD
AVIC International Engineering has published the offer document for the voluntary public takeover offer to the shareholders of KHD to acquire all shares in KHD. According to a...
Loma Negra to proceed with San Juan plant
Loma Negra has Loma Negra approved the construction of a new cement plant in San Juan, according to the Argentine cement producer’s manager, Osvaldo Schütz. While the compan...
Letter of Intent signed for new Qatari plant
FLSmidth has confirmed that it has signed a Letter of Intent with Qatar National Cement for a cement plant, following reports in the Qatari media. The Danish equipment suppli...
Dangote to use Sea Invest to import 1Mta into Côte d’Ivoire
Nigeria’s Dangote Cement’s subsidiary in Côte d’Ivoire plans to use the Sea Invest platform in Abidjan to import 1Mta of cement into the country. Pending the construction of...
Cemex seeks to enhance alternative fuels usage at Kosmos plant, USA
Cemex’s Kosmos Cement is seeking permission to add to the types of alternative fuels used at the plant in Louisville, Kentucky. The cement producer is looking to burn refuse-d...
Lucky to begin Basra plant trial production, Iraq
Pakistan's largest cement producer, Lucky Cement, has said it is working on its 0.87Mta grinding plant in Basra, Iraq on a fast-track basis and trial productions are expected t...
Guangdong to launch carbon permits market
Guangdong, a heavily industrialised province in China, plans to launch a carbon emission trading scheme next month, which will be the world's second largest after the EU. The...
Indocement sets 2014 capex spend, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, plans IDR4-5trn in capex next year, mostly geared towards boosting the company's production. "Most of it ...
Pakistan dispatches slip in first four months of FY13-14
Pakistan cement sales in the first four months of the current fiscal slipped 0.39 per cent, while capacity utilisation stood at 70 per cent due to heavy monsoons and Eid holida...
Vietnam's November output climbs
Vietnam produced 5.5Mt of cement in November, up 17 per cent from the month before and a rise of 9.7 per cent YoY, the government's General Statistics Office said. The office ...
Cemex quarries win European biodiversity awards
Two Cemex quarries, Rugeley in the UK and Soto Pajares in Spain, have been recognised for their outstanding contributions to biodiversity at the European Aggregates Association...
TCC International receives buyout bid
TCC International Holdings said it received a buyout offer from its parent company Taiwan Cement Corp. Taiwan Cement currently holds a 56.5 per cent stake in TCC Internationa...
Lafarge to boost construction capabilities
Lafarge Cement Sdn Bhd, a wholly-owned subsidiary of Lafarge Malaysia Berhad, has signed a Memorandum of Understanding (MoU) with CIDB Holdings Sdn Bhd, a wholly-owned subsidia...
Berenberg upgrade boosts HeidelbergCement
Analysts at Berenberg have raised recommendation on HeidelbergCement’s stock to "buy" from "hold" as concerns over a slowdown in Indonesia are limited. "We have reviewed Heid...
Semen Indonesia sets 2014 capex target at IDR6trn
PT Semen Indonesia said it requires IDR6trn (US$508m) capital expenditure for expansion in 2014, the company’s president director has said. Speaking to local media, Dwi Soet...
Lafarge to sell excess electricity to Nigeria
Lafarge Cement WAPCO Nigeria Plc plans to sell about 40MW of excess electricity. The company uses only 40-50MW of the 90MW generated by its local power plant, Michael Awanayah,...
Wildlife Habitat Council recognises Roanoke Cement for corporate conservation efforts, USA
Employees at Titan America, LLC's Roanoke Cement Company received international recognition for their contributions to conservation education at the Wildlife Habitat Council's ...
South America now drives Cimpor
Turnover for Cimpor during the first nine months of the year emerged 23.4 per cent higher as the additional assets in Argentina, Brazil and elsewhere more than made up for the ...
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