Uzbekistan increases cement capacity
Bekabadcement, the Uzbekistan subsidiary of United Cement Group (Kazakhstan), is planning to launch a new 1Mta integrated production line (0.85Mta clinker) at its facility in Be...
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India: ACC & Ambuja Cements: key input costs, freight charges play spoilsport
The stocks of the two leading cement players, Holcim-controlled ACC and Ambuja Cements, have sharply under-performed the broader market over the past three months.
Pakistan: local cement sale, export decline
The sale of Pakistani cement in national and international markets fell to 31.38Mt in the recently-ended fiscal year 2010/11, down by 8% from 34.2Mt in the previous fiscal year,...
Madras Cements expects more capacity addition
Madras Cements Ltd expects the surplus capacity situation to continue and prices to be under pressure in the southern region, from which it derives 90% of its sales.
India: Prism Cement to raise INR1bn via bonds
Prism Cement plans to raise INR1bn (US$22.5m) via two-, three- and four-year bonds, a source with knowledge of the deal told Reuters on Tuesday.
Nigeria: Dangote substantially lowers cement price
Dangote Cement Plc has announced a significant reduction in the factory price of its product to NGN1350/bag (US$8.80).
Indonesia: Lafarge update on its possible IDR5tn investment in northern Sumatra
Lafarge SA, the world’s largest cement producer, reaffirmed its commitment to building a cement plant in Langkat, northern Sumatra, with an investment of up to IDR5trn (US...
Nigeria: Lafarge unveils NGN23bn power plant in Ewekoro
Cement manufacturer Lafarge Cement WAPCO has commissioned its NGN23bn (US$151.8m) power plant in Ewekoro Ogun State, in a move to ameliorate the power crisis currently facing th...
Malaysia: permanent solution sought on cement supply
A severe slowdown in the delivery chain and supply of Portland cement persists in Malaysia despite recent assurances from Cement Industries Sabah (CIS) that production is back t...
Pakistan: Fauji Cement expansion takes capacity to 11,560tpd
To meet the future challenges and demand, Fauji Cement Company Limited (FCCL) has constructed the country’s biggest single-unit cement plant to enhance its cement capacity by al...
Tabuk Cement buys US$58.3m mill to boost output
Tabuk Cement Company is to buy another cement mill from Germany to boost its output by 75%.
Tanzania: Wazo Hill land row
Some 950 residents of Chasimba village, who have been in a protracted land row with Tanzania Portland Cement Company (TPCC) at Wazo Hill in Dar es Salaam, will be relocated to M...
India’s UltraTech Cement June shipments up 2%
India’s largest cement producer, UltraTech Cement, said shipments in June rose an annual 2% to 3.22Mt.
Zambia: Lafarge unveils SupaSet
Lafarge Cement Zambia has introduced a new improved brand expected to lower construction costs in key sectors such as energy and mining.
Saudi cement sector outlook remains strongest since ’07
Cement prices in Saudi Arabia should remain robust, NCB Capital said in a new sectoral report, noting that the recent spike "is temporary and focused on the western region."
Taiwan Cement and Asia Cement to raise output in China
Driven by the promising cement market in China, Taiwan’s two leading producers, Taiwan Cement Corp and Asia Cement Corp, have announced to start heavy investments in China.
Large cement production to be arranged in Dagestan
The president of Dagestan, Magomedsalam Magomedov met recently with the Chairman of the Board of Directors of the Inter-regional production resource company GRAS,
China Resources Cement to acquire assets from Goldman Sachs
China Resources Cement Holdings Ltd, the largest cement producer in South China, has announced plans to acquire a 100% stake in Inner Mongolia Cement Strategic Investment Holdin...
Shuangma Cement to raise CNY2.8bn to buy assets
Sichuan Shuangma Cement, a subsidiary of Lafarge, said it will conduct a private placement of 250m shares at not less than CNY11.25 (US$1.74) per share to a maximum of 10 desig...
India Cements’ MD Srinivasan increases stake in company
Vice Chairman and MD of the Chennai-based India Cements, N Srinivasan has increased his stake in the company to 0.14% from 0.05% by shelling out INR18.9m (US$0.424m).
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