Dangote’s Zambia cement plant on schedule
Construction of Dangote Cement’s new US$365m cement plant in Masaiti District is progressing well and on schedule, logistics manager Kampewa Nundwe told the Times of Zambia. ...
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New Pakistan terminal contract signed
A contract has been signed for construction of Pakistan's first mechanised coal, cement and clinker terminal at Port Qasim (BOT). The facility will be constructed at an esti...
Taiheiyo Cement’s operating FY14 target, Japan
Japan’s Taheiyo Cement plans to increase group operating profit by around JPY50bn (US$598.8m) in fiscal year 2014 (FY14), an increase of 90 per cent on its projection for the y...
Athi River calls for Kaloleni reopening, Kenya
Athi River Mining has appealed to the National Environment Management Authority (Nema) to re-open its factory at Kaloleni in Kilifi County, saying they have met all the conditi...
St Marys Cement battle with Ontario government, Canada
St Marys Cement Inc of Canada said in a press release Thursday it may call Ontario Environment Minister James Bradley as a witness in the judicial review of a decision by the...
Lafarge to close kiln line at Joppa Cement, USA
Lafarge has shut down Kiln Line No 2 at its Joppa cement plant, Illinois, USA, citing the continued challenging economic environment as the reason for shutting down one of its ...
Tamale cement prices and shortages addressed, Ghana
Cement prices in Tamale, the capital of the Northern Region of Ghana and the Tamale Metropolitan District, have risen above the official value to GHS20/bag (US$11.5), according...
Ambuja Cements investment update, India
Ambuja Cements, part of the Holcim Group, plans to invest INR18bn (US$358m) by December 2013 to increase capacity. The investment will be funded through internal accruals. A...
West China Cement buys stake in Shifeng Cement
West China Cement has agreed to acquire a 55% interest in Shaanxi Shifeng Cement at CNY401.5m. The company has been granted an option to acquire a 10 per cent interest in Shife...
Qatar National Cement clinker shipment
Qatar National Cement is to conclude a deal this week to import 500,000t of clinker to meet increased cement demand. Bids were submitted to Egyptian and UAE suppliers, accordin...
HeidelbergCement lifts revenues, raises savings target
German cement major HeidelbergCement has reported a rise in revenues in 2011 driven significantly by its exposure to attractive growth markets, continuing recovery in most grou...
Jaiprakash Power Ventures to enter cement business, India
Jaiprakash Power Ventures Ltd has planned to raise up to INR3500 crore to fund its expansion projects and is also entering the cement sector. Its board of directors has auth...
Jaiprakash Power Ventures to enter cement business, India
Jaiprakash Power Ventures Ltd has planned to raise up to INR3500 crore to fund its expansion projects and is also entering the cement sector. Its board of directors has auth...
Fitch rates Rain Commodities at 'Fitch A-(ind)'; outlook stable
Fitch Ratings has assigned India's Rain Commodities Limited (RCOL) a National Long-Term rating of 'Fitch A-(ind)'. The Outlook is Stable. However, ratings are constrained by vo...
Calls to end of Vassilikos Cement strike action, Cyprus
Civil Engineers yesterday asked the employees of Vassilikos Cement to resume work and resolve their differences to put an end to cement shortages which are severely impacting t...
Cementos Portland Valderivvas debt reduction plans, Spain
Spanish cement producer Cementos Portland Valderivvas is looking to reduce debt to around EUR1bn from the current EUR1.3bn with two options on the cards. The company is look...
Hilal Cement boosts net profit, Kuwait
Hilal Cement of Kuwait reported a surge in net profit to KWD1.22m (US$4.4m) for 2011 from KWD714,937 a year earlier. Earnings per share for the cement producer were 17 fils ...
Conch plans to start building Indonesian plant this year
China-based Anhui Conch Cement said it plans to begin construction of a new cement plant in South Kalimantan, Indonesia, later this year. Following a meeting with a delegati...
Credit Suisse: earnings downside risk in China cement sector
Credit Suisse says that data points in the past two weeks further weakened in the Yangtze Delta (YZD) while southern/central sough demands remains stagnant, as continued weak d...
Sibirsky to pay out EUR4m on failed Set deal, Russia
Sibirsky Cement has paid out over EUR4m to the London branch of Netherlands-based ING Bank NV regarding a failed deal between the Russian producer and Italcementi for Turkish a...
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