Wonder Cement to commission grinding unit
India’s Wonder Cement is ready to start operations at its 2Mta clinker grinding unit in Dhule, Maharashtra, according to The Hindu. The plant represents an investment of INR4.5...
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Cemento Fortaleza starts operations in Costa Rica
Plycem-owned Cemento Fortaleza will move from being a distributor of cement in Costa Rica to a local producer. The company recently commissioned a new cement plant in Esparza, ...
China Shanshui Cement in a race to be re-listed
Moore Stephens CPA has taken up the challenge to complete the 2017 audit for China Shanshui Cement before the Hong Kong Stock Exchange's deadline of 31 October. China Shansh...
Saurashtra announces rise in 3Q sales but drop in 3Q profit
Saurashtra Cement reported a 78.4 per cent decline in its net profit to INR49.3m (US$706,959) in the quarter ended June 2018 from INR228.2m in the year-ago period. Sales adva...
Wilfred Murungi retires from ARM Cement
Kenyan billionaire Wilfred Murungi has parted ways with ARM Cement Ltd, ending his 24 years of tenure as a director at the cement producer. "I wish to inform all shareholders...
JT Cement adds new vessel to fleet
Norway-based JT Cement has ordered a new pneumatic cement carrier from Dutch shipyard Ferus Smit. The new vessel will be a sistership to the M/V Greenland and is expected to be...
Cementos Argos 1H results impacted by challenging Colombian market
Cementos Argos released its 2Q18 results this week with revenues up by 1.4 per cent at COP2.184trn (US$726bn) from COP2.154trn in 2Q17. The 1H18 revenue amounted to COP4.092trn...
Southeast Asia producers line up for LafargeHolcim Indonesia sale
The sale of LafargeHolcim's Indonesian unit has attracted the interest of several potential buyers in the region, including Japan's Taiheiyo Cement Corp, Malaysia's YTL Corp an...
Akhangarancement begins construction of 3Mta kiln line
Akhangarancement, a subsidiary of Eurocement (Russia), has started preliminary stages of the construction of a new dry process 3Mta kiln line in Uzbekistan. Construction is mo...
Uzbekistan increases cement imports six-fold in 1H18
Uzbekistan imported cement amounting to a value of US$79.8m in the 1H18, according to the State Statistics Committee, which is six times higher than last year. In 1H18 Uzbekis...
Cement prices rise in Tanzania as Twiga Cement suspends production
Cement buyers in Tanzania are finding it difficult to buy adequate supplies of cement since Tanzania Portland Cement Ltd (Twiga Cement) suspended production on technical ground...
Linus Gitahi is appointed Chair of ARM Cement Board
Linus Gitahi, former Nation Media Chief Executive, has been appointed the Chair of the ARM Cement Board following Wilfred Murungi's retirement. Deputy Managing Director Surendr...
Former ARM CEO to remain as board member
Pradeep Paunrana, chief executive of ARM Cement PLC (Kenya), said on Thursday he planned to quit his post as part of a changes at the Kenyan cement maker, but now states he wil...
Qatar’s monthly cement production retreats
Qatar’s monthly industrial output contracted in June with the Industrial Production Index decreasing by 2.9 per cent MoM compared to 3.3 per cent MoM growth in May, figures rel...
Cementarnica Usje's net profit falls 13% in 1H18
The consolidated net profit of Macedonian building materials producer Cementarnica Usje, part of the Titan Cement group, fell by 13 per cent YoY to MKD432.5m (US$8m) in the fir...
Cimerwa hires consultants to improve house construction projects
Rwanda's largest cement manufacturer, Cimerwa, has hired three construction consultants with an aim to improve standards in the property market. The consultants offer free advi...
Vietnam sees 63% advance in exports in 7M18
Vietnam’s cement and clinker exports surged 63.2 per cent to 17.65Mt and 73 per cent to US$656.3m in the first seven months of 2018, according to the country’s General Departme...
President El-Sisi inaugurates Beni Suef cement complex
Egyptian President Abdel-Fatah El-Sisi inaugurated on 15 August the US$1.1bn cement and marble complex in Beni Suef governorate as part of the government’s development drive. ...
Tanzania government meets with stakeholders over cement prices
The Tanzanian government called an emergency meeting with stakeholders in Dar es Salaam to discuss the rising cement prices and the lack of product availability in the country’...
Attock Cement achieves PKR4.40bn net profit in FY18
The Attock Cement company has announced its FY18 annual financial results, which shows its profit after tax at PKR4.40bn (US$35.8m) as compared to PKR3.03bn in the same period ...
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