New tax bill proposed for cement sales in Costa Rican province
Oscar Cascante, a deputy of Costa Rica’s PUSC party, is reportedly pushing for legislation that will see a five per cent sales tax on Cementos Fortaleza, a relatively new playe...
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Raysut Cement Co sees revenue fall 5% in 1H19
Oman’s Raysut Cement Co has announced its unaudited consolidated results for the first six months of 2019. The company has seen a 5.1 per cent YoY decline in revenue to OMR41.7...
Cambodian cement demand expected to rise
Cambodia's construction sector is seeing demand for cement and brick rise by some 10 per cent in 1H19 and cement producers are forecasting a strong 2H19. Chip Mong INSEE Cemen...
Southern Cross Cement plans new terminal in Brisbane
Australia’s Southern Cross Cement, a joint venture between Brickworks, Neilsen Group and Neumann Group, has announced an AUD60m (US$42.19m) investment for a new cement terminal...
LafargeHolcim acquires Romanian precast concrete company
LafargeHolcim has signed an agreement with ORESA to acquire Somaco, a Romanian precast concrete producer. Somaco has leading positions and operates five precast concrete plants...
Kenya's Savannah Cement plans KES5bn grinding plant in major expansion plan
Savannah Cement is currently undertaken a KES5bn expansion of its grinding plant at Kitengela, Kenya, according to the company’s MD, Ronald Ndegwa. The project sees the constru...
Floods sweep away Huaxin plant under construction
Floods have swept away the Huaxin Cement Industry plant under construction in Benighat Rorang Rural Municipality-2, Talti, Nepal, on the night of Sunday, 14 July, according to ...
Asia Cement launches 25kg bags
Asia Cement has started the production of cement in 25kg bags, according to Esmerk Russian News. The smaller pack size is suitable for small construction works and minor repair...
Ambuja Cement to support cement activities with RMC and aggregate acquisitions
LafargeHolcim-owned Ambuja Cement is looking to acquire capacity in ready-mix concrete (RMC) and aggregates business to fuel growth, according to The Business Standard, citing ...
Targeting digital innovation
This week, LafargeHolcim announced that it is launching its 'Plants of Tomorrow' project. The implementation of the Internet of Things (IoT) and smart technology is already h...
Brazilian cement sales edge up in 1H19
Cement sales in Brazil in January-June 2019 increase 1.5 per cent YoY to 25.8Mt, according to the country’s cement association, SNIC. In June 4.2Mt of cement were sold, down 15...
Cement demand in DR Congo soars to 1.8Mt in 2018
Cement consumption in the Democratic Republic of Congo continued to surge in 2018 to 1,825,757t, up has from 881,733t in 2017 and from 229,967t in 2016, according to provision...
Association calls for lower cement prices in Nigeria
Oyebamiji Dauda, chairman of the Lagos State Bricklayers’ Association, has urged the federal government of Nigeria to address the rising cement prices and as a result, increase...
Cement sales in Morocco up 4% in June
Cement sales in Morocco increased 4.1 per cent to 815,842t in June 2019 YoY, according to the Association professionelle des cimentiers (APC). In the first half of the year, ...
Rimco Investments increases share ownership in Suez Cement
Rimco Investments has purchased around 474,000 shares in Suez Cement (HeidelbergCement Group) raising its shareholding from 8.85 to 9.11 per cent. The total value of the deal ...
Saudi sales rise in June 2019
Cement sales in Saudi Arabia increased 20 per cent YoY to 2.55Mt in June 2019, compared to 2.13Mt in the same month last year, according to data compiled by Yamama Cement Co. ...
Asia Cement Corp's Taroko mining rights repealed
The Taipei High Administrative Court has repealed Asia Cement Corp’s (ACC) right to operate a cement mine located in Taroko National Park, Taiwan. This decision upheld an appea...
Spain's cement demand in May up, worsening trade balance
Cement consumption in Spain increased 6.6 per cent YoY to 1,333,698t, according to Oficemen, the country's cement association. In the first five months of 2019, the domestic ...
NCLT approves Dalmia's acquisition of Murli Industries with conditions
India’s Dalmia Cement (Bharat) has received approval from National Company Law Tribunal (NCLT) Mumbai regarding its offer to save Murli Industries from liquidation. However, th...
Holcim Philippines completes Davao expansion
Holcim Philippines has completed its 0.7Mta expansion project at its Davao facility, which has been undertaken to support the strong construction activity in Mindanao, accordin...
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