Consumer authority raids warehouse on repacked cement, Sri Lanka
Sri Lanka’s Consumer Affairs Authority (CAA) of Sri Lanka has raided a warehouse of state-run Cement Corporation and seized thousands of expired cement bags that are allegedly ...
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ContiTech buys British special-purpose belt company, UK
ContiTech has strengthened its industrial business in specialised conveyor belts by purchasing Specialised Belting Supplies Ltd, Thetford, UK. This British company has been in ...
ANH Refractories appoints senior engineer to target Euro cement market
ANH Refractories, based in North West UK, has hired Senior Refractory Engineer Stefan Frank to drive export sales across Europe. He has been charged with kickstarting a new cam...
PCA Chair stresses the need for resilience at Rio+20
PCA Chairman of the Board Aris Papadopoulos called on the business leaders of the world to include resilient construction into public policy at the Rio+20 Corporate Sustainabil...
Peruvian domestic shipments rise 14.2%
Cement shipments in the Peruvian market totalled 3.64Mt between January and May 2012, a 14.02 per cent increase over the figure recorded in the same period in 2011, according t...
UK construction output down, recession risk
The UK's Office for National Statistics (ONS) has published construction figures for April 2012 showing a fall of 8.5% compared with April 2011. Commenting on the figures, N...
Karnataka Cabinet approves land for cement plant
The Karnataka cabinet has cleared the proposal of JK Cements to acquire additional land for setting up a cement plant. Economic Research of India states that the company will...
Signs of recovery for China’s cement sector
Analysts at brokerage Daiwa have noted "green shoots of recovery" for China's cement sector. It says growth for infrastructure investment has rebounded for three consecutive m...
American Starlinger-Sahm appoints new VP
Alfred Rak has joined American Starlinger-Sahm, a 100 per cent subsidiary of Starlinger & Co GmbH of Austria as Vice President of Sales as of 1 March 2012. In his new position...
Borcim receives positive response to EIA, Turkey
The Environmental Impact Assessment (EIA) for a proposed cement plant by Borcim Cement Manufacturing and Trading has received approval by the Ministry of Environment and Urbani...
New Nigerian plant to begin production soon
Cement production at the Igumale Cement Factory in Nigeria is to commence this month, according to local press reports. The 600,000tpa cement factory situated in Benue State...
Vietnam mineral firm buys 500,000 shares in YenBai Cement, Vietnam
Alatca Mineral Process Exploit JSC has acquired 500,000 shares in YenBai Cement and Minerals JSC (YBC). Accordingly, Alatca has raised its holding in YenBai Cement to 10.34% fr...
Saudi cement sector continues to thrive
The Saudi Arabia cement sector continues to go from strength to strength and a report released earlier this week shows that local cement demand is forecast to grow at a CAGR of...
Lafarge, UltraTech eye Jaiprakash units, India
Aditya Birla Group and Lafarge are separately in talks to buy Jaiprakash Associates cement units, the Economic Times reported on Friday. Officials from Lafarge and the Adity...
Fontana sees more swaps in cement reshuffle
Holcim Chief Executive Officer Bernard Fontana said swapping cement production facilities is more likely than outright purchases or sale of individual units, according to Bloom...
Cemex Mary Nour fine upheld by antitrust authority
Cemex has said Mexico’s antitrust agency upheld a fine of MXP10.2m (US$729,000) against the company for blocking a 2004 cement shipment from Russia, according to Bloomberg repo...
West China Cement profit warning
West China Cement (WCC) warned that its net profit in the first half of this year is expected to plunge more than 50% on-year due to a drop in cement price. This follows a war...
Indonesia May cement sales rise 15.6%
Indonesia's cement sales rose 15.6 per cent in May from a year ago, data from PT Semen Gresik Tbk showed on Thursday. Sales by volume in May rose 12.8 per cent month ...
Dangote targets US$35bn-40bn London listing, Nigeria
Nigerian billionaire Aliko Dangote is targeting a market capitalisation of US$35-$40bn for his cement company when he lists it in London next year, he told Reuters on Wednesday...
Brazil Jan-May sales rise 11.6%
Latest data on the Brazilian cement market shows that for the first five months of the current year, domestic sales were 27.6Mt, a rise of 11.6 per cent YoY. For the 12 roll...
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