Malayan Cement shareholders approve RPTs with YTL Cement
Malayan Cement, formerly Lafarge Malaysia, has obtained minority shareholder approval for MYR1.87bn (US$460m) worth of related-party transactions (RPTs) with its new controllin...
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San Miguel Corp makes roads from plastic waste
San Miguel Corp and Aboitz Equity Ventures Inc are using old plastic shopping bags, sachet wrappers and plastic packaging in their asphalt road mix to meet the Philippines' nee...
UltraTech Cement commissions Phase I of Bara grinding unit
UltraTech Cement has announced that the Phase I commissioning of its 2Mta grinding unit in Bara, Uttar Pradesh, India. Once fully commissioned, the total capacity of this unit ...
World cement consumption rises by 2.8% in 2019
Following two years of modest decline, world cement consumption is estimated to have expanded by 2.8 per cent to 4.08bnt in 2019, according to industry statistics recently publ...
Azerbaijan records fall in production for 2019
Azerbaijan produced around 3.4Mt of cement during 2019, a 1.4 per cent decrease compared to the previous year, according to the State Statistics Committee. The decline in pr...
Dangote Cement receives approval for share buyback
Nigeria’s Dangote Cement has received shareholder approval to complete a share buyback scheme within 12 months. Under the plans, 1.7bn out of a total of 17.04bn ordinary shares...
Aumund win clinker conveyor order from Ask Cement
AUMUND Fördertechnik GmbH has won a clinker conveying system order from ASK Cement, which is building a greenfield cement plant in Yekaterinburg, Ural region, Russia. AUMUND d...
FDI falls QoQ in Bangladesh
Bangladesh received gross foreign direct investment (FDI) of US$716.48m during the 3Q19 for the cement, textile, power, telecommunication, banking, foods, construction, trading...
Attock Cement reports 41% growth in profit during 1HY19-20
On 21 January 2020, Attock Cement Pakistan Ltd (ACPL) announced its 1HFY19-20 financial results (for the period ended 31 December 2019). According to a notification by Attock...
MPA makes management appointments
As part of the Mineral Products Association (MPA)’s 10th year anniversary in 2019 and in support of its vision for 2025, the association has been strengthening its team and is ...
New 2500tpd plant launches in Uzbekistan
Uzbekistan has seen the launch of a new 2500tpd cement plant in Besharyk, Fergana, according to Uzbekistan Daily. The facility was put into operation with the backing of China’...
LafargeHolcim Bangladesh Ltd targets becoming a complete building material solutions provider
As LafargeHolcim Bangladesh has successfully completed its amalgamation with Holcim Cement (Bangladesh) Ltd last year, Rajesh Surana, CEO of LafargeHolcim Bangladesh Ltd, said ...
Hoffmann Green meets targets and reaffirms future
France-based Hoffmann Green has announced that it met its low-carbon cement production and sales target of 1000t during 2019, following the opening of its first production site...
Egypt's cement sector is relying more heavily on coal
Egypt saw thermal coal imports rise by 31 per cent to 6.32Mt in 2019, according to official data from the port of Alexandria, driven by strong demand from the cement sector. Mo...
Vassiliko Cement may take RDF waste
Vassiliko Cement is being viewed as an option for RDF waste disposal by the Pentakomo waste treatment plant in Cyprus. The waste treatment plant is currently sending RDF to lan...
Dewan Cement of Pakistan to elect seven directors
Dewan Cement Ltd (DCL) has informed Pakistan Stock Exchange (PSX) on 20 January about the election of seven directors of the company for a three-year period. Company Secretar...
Indonesian cement demand stable in 2019
The Indonesian cement market expanded 7.2 per cent YoY in December 2019 as 6.542Mt of cement were sold. In December 2018 total demand in Indonesia stood at 6.101Mt. Off-take ...
Cemex UK agrees bulk distribution contract with Turners
Cemex UK has agreed to see Turners operating 20 bulk tankers in the UK to help the cement producer better meet demand and add flexibility to its haulage operation. David Hart,...
Pakistan's cement production improves in 5MFY19-20
The Pakistan Federal Bureau of Statistics (PBS) has released the production data of the country's top industries for the first five months of the current financial year. The la...
Jiangxi Wannianqing Cement projects profit increase for 2019
China’s Jiangxi Wannianqing Cement has projected its net profit to rise from CNY1.1bn (US$160.26m) to between CNY1.28-1.5bn for 2019. The company has attributed the profit i...
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