Saudi Engineering Dimensions interested in Bangladesh cement sector
Saudi company Engineering Dimensions has expressed an interest to set up a modern cement factory in the Chhatak upazila of Sunamganj district, Bangladesh, according to New Nati...
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PPC CEO Claassen to retire
South-Africa-based PPC has initiated a process to find a new CEO after the incumbent, Johan Claassen, expressed an interest to take early retirement. Mr Claassen was appointe...
Hoffmann Green Cement opens Bournezeau plant
Hoffmann Green Cement Technologies (HGCT) inaugurates its new cement plant – dubbed the first green cement plant in France – in Bournezeau, Vendée. The production process reli...
Saudi Arabia's cement sales in October fall 1.8% YoY
Saudi Arabia's cement sales in October, including exports, dropped to 4.03Mt, compared to 4.1Mt in October 2017, a fall of 1.8 per cent YoY. For the first 10 months of the ye...
New shiploading system at Salalah Port
The Port of Salalah, Oman, has taken delivery of a new mobile shiploading system, which it expects to commission later this year for use at its General Cargo Terminal (GCT). ...
Ecocem pretax profit declines 38%
Slag cement producer Ecocem Materials Ltd reported a rise in turnover of 9.4 per cent in 2017 to EUR79.4m (US$90.5m) from EUR72.6m in the previous year. Pretax profit decreased...
Cemex Philippines shuts down kiln and Davao terminal
APO Cement (Cemex group) in the Philippines has closed its Davao cement terminal and suspended one kiln line at its Cebu plant following the suspension of mining operations at ...
Higher fuel and power costs affect Mexican cement producers
EBITDA margins of Cemex, Moctezuma, Cementos Chihuahua and Elementia have contracted by 0.5-2 percentage points in the 3Q18 as fuel and power costs in Mexico have risen. "At ...
Kazakh-Singaporean MoU on new plant in Almaty region
A Kazakh-Singaporean business forum held on 21 November provided the venue for a bilateral investment treaty between the two countries as well as some 12 MoUs to establish part...
Lafarge Malaysia records 3Q18 net loss of MYR109m
Lafarge Malaysia recorded a net loss in 3Q18 of MYR109.28m (US$26m) down 160 per cent from MYR42.01m in 3Q17. Revenue fell by 14 per cent YoY to MYR495.1m in 3Q18. The decli...
EAPCC receives backing to sell land assets
Kenya’s East African Portland Cement Co (EAPCC) has received Trade Ministry backing to sell off idle land, which will help the company recoup some of the KES15bn (U$146.3m) it ...
Austria's Leube acquires stake in Asamer
Austria-based Leube cement plant has acquired a stake in Asamer, a building materials company based in the same country. The company has acquired a 24.99 per cent stake after ...
Fletcher building hit by Golden Bay shutdown and Australian residential market
Fletcher Building Ltd's performance has been impacted by trading conditions and a four-week shutdown of subsidiary Golden Bay Cement which cost in the range of NZD8-11m (US$5.4...
Spain’s cement producers to be included in power support plan
Spanish cement producers will be included in plans to support the power-intensive industry, which is facing rising electricity bills, according to the country’s Minister of Ind...
Gansu Hengya Cement is the investor behind Samarkand plant
Gansu Hengya Cement Company of China is entering the Uzbekistan cement market. It plans to build a 2.4Mta cement plant in Samarkand, Kattakurgan district. The plant will co...
CRH launches phase three of share buy-back
On 25 April 2018 CRH plc announced its intention to buy back ordinary shares of up to EUR1bn in the following 12 months. Having completed buy back phases one and two, returning...
Baticim Cement joins WCA
Turkey-based Baticim Cement has joined the World Cement Association as a corporate member. Baticim Cement is part of the Bati Anadolu Group. "With Baticim Cement, we welcome...
Peru cement market expands 3% in October
Peru’s cement consumption advanced 2.9 per cent YoY to 1.02Mt, according to the country’s cement association, Asocem. Cement production by domestic producers fell by two per ...
New plant project for Uzbekistan
The foundation of a new cement plant has been laid in Kattakurgan district of Samarkand region, Uzbekistan. The two-stage project is expected to create 2.4Mta of capacity at an...
Mixed court orders for Pakistan's cement industry
The cement industry has received mixed court orders from Supreme Court of Pakistan and Peshawar High Court on environmental/water scarcity and the gas tariff issue, respectivel...
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