Jaiprakesh Associates defaults on loans
Jaiprakesh Associates has defaulted on INR40,590m (US$492.9m) of loans from various lenders, according to The Times of India. The company, which has a total debt of INR290,900m...
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Fancesa suspends deliveries to Santa Cruz
Bolivian cement producer Fábrica Nacional de Cemento SA (Fancesa) has suspended deliveries to Santa Cruz due to blockades and mobilisations following the arrest of Governor L...
Colacem's L'Orignal plant could see fresh environmental objections
Colacem’s Canadian cement plant could face further objections. Victor Bonspille, the Grand Chief of the Mohawk Council of Kanesatake, near Oka, Québec, wants the federal and On...
Bangladesh's cement export revenue totalled US$4.69m in 1HFY22-23
During the first six months of FY22-23 (July-December), Bangladesh's cement industry earned export revenue of US$4.69m on the export of cement, mostly to neighbouring Asian cou...
The electrified commercial cement kiln
Last year, the US signed into law the Inflation Reduction Act (IRA) of 2022, the most significant climate legislation in US history. The IRA will provide some US$500bn in new s...
Pakistan records a 21% decline in cement dispatches in 1HFY22-23
The negative trend in cement dispatches in Pakistan has continued in the last few months. The latest data for 1HFY22-23 and December 2022 show the sector has been affected by a...
Argentina’s cement market expands 7% in 2022
Cement demand in Argentina fell by nine per cent to 932,661t in December 2022 from 1,144,123t in December 2021, reports the country’s cement association, AFCP. When compared wi...
South Korean producers set to hike cement prices
South Korea’s major cement producers are implementing another hike in wholesale prices amid strengthening in the key ingredient bituminous coal and construction activity, addi...
Ambuja Cements forms new subsidiary, ARL
India’s Ambuja Cements has incorporated Ambuja Resources (ARL), a new wholly-owned subsidiary for the manufacture of cement and allied products, alternate fuel and power gene...
Holcim extends French footprint with acquisition
Designed to broaden its footprint across France, Holcim has acquired Chrono Chape, one of France’s leading independent providers of on-site self-levelling screeds. Operating ...
Sangwon Cement to increase production in 2023
The workers of the Sangwon Cement complex in North Korea are making innovations in cement production and implementing the decisions of the Sixth Plenary Meeting of the Eight...
UltraTech Cement selects AUMUND as project partner
UltraTech Cement Ltd has again selected AUMUND India as its partner for a big project. UltraTech Cement is the leading producer of grey and white cement and ready-mix co...
INSEE Cement appoints new CEO
Sri Lanka’s INSEE Cement has appointed Jan Kunigk as its new chief executive officer, effective from 1 January 2023. Mr Kunigk replaces Nandana Ekanayake, who is retiring fro...
CEMEX Philippines' low-carbon cements get government approval
CEMEX Philippines has become one of only three cement companies in the country to be given accreditation and authorisation to have its blended hydraulic cement Type IT used i...
Argos USA orders a Bruks Siwertell ship unloader
Bruks Siwertell has secured a new Siwertell ship unloader contract from Argos USA . The unit will secure environment-friendly, dust-free cement and fly ash handling at the por...
Puerto Rican cement sales continue decline in Oct-Nov period
Cement sales in Puerto Rico declined 3.6 per cent YoY in October 2022 to 1.17m bags of 42.6kg, or 49,842t, according to the country’s Statistics Institute. In November 2022 sal...
Unacem acquires Termochilca
Peruvian cement and concrete producer Unacem , through its subsidiary Celepsa, has bought electricity generator Termochilca. Termochilca operates the US$300m, 300MW combined ...
Nearshoring is leading to Mexican demand growth
The growing development of industrial properties due to nearshoring is leading to a rise in Mexico’s cement demand of approximately 10 per cent, particularly in the north of th...
Moroccan cement sales down by quarter in December
Cement deliveries in Morocco decreased by 25 per cent in December 2022 to 942,317t from 1,255,552t in December 2021, according to the country’s cement association, APC. The mon...
Bangladesh and Saudi Arabian JV cement plant in doubt
State-owned Bangladesh Chemical Industries Corp (BCIC) has threatened to withdraw from a Saudi-Bangladesh joint venture under which a cement factory is to be built in Sylhet's ...
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