Indocement orders seven Loesche mills
Indocement has ordered seven Loesche Vertical Roller Mills (VRM) for the new production line at Citeureup cement plant, 45km south of Jakarta, Indonesia. The new production li...
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Australia: Boral suffers AUD212m annual loss
Boral's net loss in the year to 30 June was down from a AUD177m (US$159.5m) profit in the FY11-12. It suffered a AUD212m (US$191m) annual loss. The fall in revenue was caused m...
Italy: plant closure opposed
The mayors of the Pescara mining basin have voiced their opposition to the closure of Italcementi's Scafa plant and have asked the company to review its plans. They are also re...
Cemex seeks further collaboration for housing and infrastructure projects
During its participation in the XLVIII Inter-American and Caribbean Housing Conference, Cemex announced that it has collaborated in the development of infrastructure projects, ...
Malaysia: Lafarge's LMCB secures loan agreement
Lafarge Malaysia Cement Bhd (LMCB) has converted the MYR580.69m (USS$225m) fixed rate notes due 2013 into an inter-company term loan with M-Cement Sdn Bhd. The company execute...
Nepal: standards bureau cracks down on cement plants
The Nepal Bureau of Standards & Metrology (NBSM) has shut down Butwal Cement Mills and Shubha Shree Jagadamba. The block was introduced after the companies were said to be man...
Qatar: large order for Mercedes-Benz vehicles
Nasser Bin Khaled (NBK) Automobiles has signed an order with Khalid Cement Industries Complex (KCIC) of Qatar for the supply of 141 Mercedes-Benz branded industrial vehicles. T...
Peru: cement shipments rise
Peru's ASOCEM cement association reports that in July its members delivered 88,277t of cement in the domestic market. The January to July shipments are up YoY for the same peri...
New senior vice president for Buzzi Unicem USA
George Garcia has been promoted to senior vice president operations at Buzzi Unicem USA, effective from 1 July 2013. He will be based at Buzzi Unicem USA's Corporate Office in ...
Pakistan’s Cherat Cement Co to raise production capacity
Cherat Cement Company Ltd (CCCL) of Pakistan plans to increase production capacity at its 2500tpd cement plant, situated 52km from Peshawar near Nowshera in northern Pakistan. ...
CRH 1H13 revenues slip
CRH saw its sales revenue for 1H2013 fall by three per cent, or six per cent on a like-for-like basis, from EUR8.271bn to EUR8.007bn. EBITDA reached EUR0.4bn, representing an...
Cement makers hit by infrastructure slump in emerging markets
Cement producers have been sliding on the financial stock exchanges as emerging market bonds and equities tumble, according to the Financial Times. Many of the region’s buildin...
Cement prices in China keep rising
Although China's cement sales are outside their peak season, the average cement price in the country has continued to rise over the past week, according to the latest data from...
China to cut cement overcapacity with new plan
The Chinese government will soon release guidelines to further tackle industrial overcapacity, according to a report by the Xinhua Economic Information Daily. Xin Renzhou, an...
Philippines: six month cement sales accelerate to 10.13Mt
Cement sales in the first six months increased 6.18 per cent to 10.13Mt from 9.54Mt in 2012, the Cement Manufacturer’s Association of the Philippines said. The group attribute...
Zambezi Portland reduces cement exports
Zambezi Portland Cement Limited (ZPC) has reduced its export sales by 50 per cent, effective from 1 August 2013, to cater for the increased demand of the product on the local ...
Bolivia to import more cement as demand rises
The manager of Insumos Bolivia, Óscar Sandi, said if the seasonal demand for cement in Bolivia continues to growth, the state-owned body will increase cement imports. "I do ...
Belarusian Cement Corporation gets go-ahead
Belarusian President Alexander Lukashenko has approved a plan for the creation of the holding Belarusian Cement Corporation. The new holding company is expected to comprise ...
Kenya’s cement consumption leaps further ahead of production
Kenya’s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, a...
Ethiopian government commends Dangote over new cement plant
The prospect of large job creations arising from the establishment of the new cement plant has encouraged the government of Ethiopia has commend the effort of the president of ...
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