Siam Cement plans 1.8Mta plant in Myanmar
Siam Cement Pcl, Thailand, plans to build a 1.8Mta integrated cement plant in Myanmar, ready to start production in mid-2016. The THB12.4bn (US$388m) investment will position S...
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FLSmidth releases interim report 1H13
Danish turnkey supplier FLSmidth announced that its 1H13 order book has slipped, while revenues are also down. The company said : "Cement earnings were significantly below last...
Nigeria: CCNN requires NGN45bn for new line
A new 1Mta clinker line together with a coal grinding mill and accessories is likely to cost Cement Company of Northern Nigeria (CCNN) around NGN45bn (US$278m). CCNN intends to...
Turkey: Cimsa Cimento's 1H13 net profit gains
Cimsa Cimento has seen a big rise in its 1H13 profits on the back of increased investment and higher sales. Consolidated net profit grew to TRY218m (US$110m) from TRY49m a year...
Azerbaijan increases imports from Georgia
In the 1H13 249,770t of cement valued at US$18.45m was exported from Georgia to Azerbaijan, according to Georgia's national statistics service, GruzStat. The share of this cat...
Thailand: slower consumption for Siam Cement
Domestic cement consumption for Thailand's Siam Cement (SCC) is expected to be weaker over the next year, according to local paper The Nation. An SCC group meeting of local inv...
India Cements unit is ordered to close
The Pollution Control Board (PCB) has ordered the closure of India Cements Ltd's Yerraguntla plant and initiated action against four more cement factories in Kadapa district, f...
India: delayed asset sale could help Jaiprakash Associates
To overturn its spiralling debts, Jaiprakash Associates (JA) has been actively seeking to sell off its 4.8Mta cement plant in Gujarat. The release of such assets is seen as a n...
Holcim Foundation's US$2m competition
Holcim Philippines has announced the start of its 4th International Holcim Awards on Sustainable Construction. The search is now on for the best ideas on how the construction i...
Colombia's regulator investigates price fixing
Colombia's Superintendency of Industry and Commerce will be opening an investigation into the alleged price-fixing by five local cement companies. The regulator will examine w...
Dangote cement defers LSE listing
Dangote Cement has delayed plans for its listing on the London Stock Exchange (LSE) to 2014. Alhaji Aliko Dangote, chairman of Dangote Group, had announced the company intended...
Russian cement production in June reaches 7.1Mt
Substantial rises in Russian cement production and consumption have been achieved in 1H13. SMPro analysts state that Russian cement producers achieved an output of 7.1Mt of cem...
Australia: Adelaide Brighton achieves higher profit
While sales volumes for the full year to December at Adelaide Brighton are expected to be similar to 2012, the company is making headway on revenue earnings. It reported a 4.5 ...
Lafarge Philippines benefits from strong cement demand
Domestic cement demand in the 1H13 has seen a sharp rise in the Philippines as sales have jumped by 6.2 per cent compared to the same period in 2012. “The continued increase...
Sri Lanka's Tokyo Cement profits up six-fold
Lower raw material costs have aided profits at Sri Lanka's Tokyo Cement group. In the June 2013 quarter profits rose 660 per cent to LKR611m (US$4.63m) from a year earlier. Th...
Cherat Cement earns INR1.22bn
There were mixed reactions to Cherat Cement's FY13 results. JS Global said it was below expectations, while analysts at AHL Research thought the earnings were "respectable". C...
Najran Cement hopes to re-open second line
Najran Cement announced a temporary closure of its second cement line yesterday for scheduled maintenance, which is likely to cost around SAR400,000 (US$106.655). The shutdown ...
Cement Australia fined AUD100,000 after worker's death
Cement Australia has been found guilty of failing to comply with Australian Standard Safety of Machinery requirements following a worker's death and has been fined AUD100,000 (...
Carthage Cement to start production September 2013
Tunisia's Carthage Cement is expected to produce its first bag of cement on 2 September, according to Riadh Ben Khelifa, managing director of Carthage Cement. The cement pla...
CRH hit by hard winter
CRH's first-half turnover declined by 3.2 per cent to €8007m and the EBITDA fell by 24 per cent to €397m. The trading profit dropped by 74.7 per cent to €41m and the pre-tax r...
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