USA: Titan awaits verdict
During the recent NC Division of Air Quality hearings several questions were raised that the local press say deserve consideration before an air permit is granted to the propose...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Pakistan: DG Khan Cement secures loan for new projects
Dera Ghazi Khan Cement (DGKC) recently signed an agreement with the Economic Cooperation Organisation (ECO) Trade and Development Bank for a loan for three projects with the int...
IDB approves loan for Paraguay’s Cementos Iguazu plant
The Board of the Inter-American Development Bank (IADB) has approved a US$50m loan that will help to finance the construction and operation of the new Iguazu cement plant in Vil...
Will Lafarge Cement withdraw from Slovenia?
The daily Delo speculates on Thursday whether Lafarge Cement could exit Slovenia after the Environment and Spatial Planning Ministry revoked the company’s permit for waste incin...
Indonesia: Semen Gresik to build two new plants
State-owned cement producer PT Semen Gresik said that it would build two new plants next year to boost the company’s annual capacity.
Uganda: construction sector hit by high inflation
Growth in the construction sector is set to face a setback given the soaring costs of building materials resulting from high inflationary pressure.
Lafarge Pakistan reports loss in 3Q11
Lafarge Pakistan Cement Ltd (LPCL) has incurred a PKR328.44m (US$3.75m) loss after taxation of during January-September 2011 against loss of PKR1.045bn
Nigeria: Lafarge Cement WAPCO raises NGN11.8bn bond
Lafarge Cement WAPCO Nigeria plc raised a sum of NGN11.8bn (US$74m) bond at a fixed interest rate of 11.5%.
Holcim upgrades data storage system through IBM
Holcim Philippines INC recently migrated to IBM System Storage N series storage solutions to implement a more efficient tiered storage infrastructure
Iraq’s Lafarge-run cement plant plans to triple production
MerchantBridge & Co plans to triple cement production over the next two to three years at a plant operated by partner Lafarge SA in Karbala, Iraq.
Semen Gresik sees slowing Indonesia cement demand in 2012
Indonesia’s cement sales growth, an indicator for the strength of southeast Asia’s largest economy, may slow to between 4-5%
Pakistan cement exports fall in Jul-Oct 2011
Pakistan cement manufacturers and exporters during first four months of current FY2011-12 (July-October) exported 2.991Mt of cement and earned US$161.702m compared to 3.347Mt at...
India: cost pressures, realty slump cause concern
Cement despatches across the industry barely grew 0.2% YoY in October 2011, according to reports of leading domestic brokerage houses.
Ethiopian cement factories request import ban
Ethiopian cement factories, Mugar and Messobo, have requested that the government halt cement imports in letters to the Ministry of Finance and Economic Development.
SCG plans maximised production
Siam Cement Group (SCG) has ramped up production at its plants and is ready to slash prices of some building materials by as much as 60% to serve an expected post-flood jump in ...
Indian cement price may go up by 1-2% in November
The average price of cement, which stands at INR280 per bag (US$5.36) of 50kg, may go up by between INR3-6 per bag in the current month on increased construction activity,
India: GP Goenka sells Andhra Cements to Jaypee Group for INR235 crore (US$45m)
Goenka group will sell its 32.95% promoter’s stake in Andhra Cements, out of the 45% that it held in the compamy.
Italcementi’s Afyon unit jumps after Cimsa bids for 51% stake
Afyon Cimento Sanayi TAS, a Turkish cement maker owned by Italcementi SpA’s Ciments Francais, headed for the biggest gain in almost three months after a rival Turkish cement mak...
Lafarge to realign country CEO activities
Lafarge SA has announced a reorganisation of its worldwide business, with the company’s country chief executives assuming responsibility for the firm’s cement, aggre...
Pakistan: Lucky Cement sees surge in local sales
Lucky Cement Limited, a company belonging to the Yunus Brothers Group, is the largest manufacturer and exporter of cement in Pakistan.
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