Ricardo Lima to become new Cimpor CEO, Portugal
Ricardo Lima, currently vice president of operations of InterCement, is to be the new CEO of Cimpor following, parent company, Camargo Corrêa’s takeover of the Portuguese cemen...
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Qatrana Cement workers strike on pay dispute
Qatrana Cement Company, a subsidiary of Arabian Cement Co (ARRCO) was forced to halt cement production as employees at the factory held a strike over a pay dispute and closed a...
China output growth rate slows
In the first five months of 2012, China’s cement production increased five per cent to 793.98Mt, the National Development and Research Commission (NDRC) said. However, the g...
BNP Paribas maintains 'deteriorating' outlook on Indian cement sector
BNP Paribas has maintained its ‘deteriorating’ outlook on the Indian cement sector given its weak macroeconomic outlook, high interest rates, continuing oversupply situation, ...
UltraTech Cement receives environmental approval for expansion
UltraTech Cement has received environmental clearance for its expansion plans for two of its plants in Madhya Pradesh. The Environment Ministry has given clearance for Ultra...
Dangote Cement to improve distribution network, Nigeria
The management of Dangote Cement said it was reviewing its distribution network to ensure availability of the product by creating wider access for its customers. The company s...
Conch acquires stake in Xingjian Qingsong, China
Anhui Conch Cement Co has completed the acquisition of a 19.99 per cent stake in Xinjiang Qingsong Building Materials and Chemicals (Group). The company said in a statement ...
European construction outlook revised
The increasing perception that Greece will default and exit the eurozone together with rising fears of contagion has led Euroconstruct, a group of research institutes and consu...
Holcim to contest Indian price fixing fine
Holcim has said will defend the position of its two Indian units on the penalties imposed by the Competition Commission of India (CCI) for price fixing. Yesterday, the CCI a...
Lebanon demand falls, brighter times anticipated
Despite a slowdown in current market activity, a bright future lies ahead for Lebanon’s cement industry, according to the chief of one the country's leading producers. Speak...
Asia Cement to build plant in Northern China
Asia Cement has announced plans to build a new plant 10Mta plant in Handan, Hebei province, marking the Taiwan-based producer’s first foray into the North China Market. Taiw...
Loesche wins new orders in Benin and Africa
Loesche has received new contracts for two plants in Africa, one of which is for a new clinker line and the other involves increasing capacity at an existing plant. At the n...
Taiwan Cement: cautiously optimistic on second-half prospects
The implementation of various infrastructure projects in Taiwan is expected to help improved market conditions in the second half of this year, the head of the country's leadin...
Tangshan Jidong Cement acquires majority stake in Wubao Jidong, China
Tangshan Jidong Cement announced it has acquired a 51 per cent stake in Wubao Jidong Special Cement for CNY173m, reports Securities Times, citing a company filing yesterday. ...
Concerns over Ghana’s cement duopoly
The World Bank has expressed its concern over the dominance of Ghana Cement Company (Ghacem) and Diamond Cement Company in the sale of cement in the country, local press report...
Indian producers issued with record fine on price fixing
Eleven Indian cement producers have been issued a total fine of INR60bn (US$1.1bn) for price fixing, the highest ever fine issued by the country’s antitrust authority in its th...
Qatar National Cement to build new plant
The board of directors of Qatar National Cement Company (QNCC) has approved the construction of a new plant with a clinker capaicty of 5000tpd, the company said in a statement ...
Lafarge Canada plans Exshaw expansion
Lafarge Canada plans to expand its Exshaw cement plant which will involve a new kiln line as well as upgrades to meet higher environmental standards and improve productivity. ...
Camargo completes Cimpor takeover, Portugal
Brazilian conglomerate Camargo Correa has completed its takeover of Cimpor, now controlling 94.8 per cent of the Portuguese producer, Cimpor said in a statement on the CMVM mar...
Taiheiyo Cement Philippines to lift output by 60% this year
Taiheiyo Cement Philippines is in the process of implementing measures to raise production to rise expected rises in domestic demand in the near-future. Speaking to the Inqu...
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