New dam project to boost Dewan Cement sales
The PKR474bn (US4bn) Diamer-Bhasha dam is expected to raise cement demand in Pakistan by as much as 20-25Mt over the next four to five years. The dam will have an installed pow...
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UltraTech set to acquire Century Textiles' cement business
UltraTech has announced plans to acquire the cement sector of Century Textiles through a share swap deal, which will further strengthen its presence in the eastern and central ...
Cement growth seen in Pakistan's 9MFY17-18 data
According to Federal Bureau of Statistics, the large-scale manufacturing sector posted 5.8 per cent growth in the first nine months July 2017-March 2018, as the construction bo...
UltraTech Cement secures Madhya Pradesh limestone reserves
Aditya Birla group firm UltraTech Cement said it has acquired the Deora-Sitapuri-Udipyapura limestone mining block in Madhya Pradesh (MP). UltraTech Cement said the land is in ...
New bulk cement terminal for Ciego de Ávila
A distribution terminal for bulk cement is currently being constructed in Ciego de Ávila, Cuba. The terminal will help supply the area with 8000tpm of cement, needed for the s...
Hongshi-Shivam Cement begins operations
Hongshi-Shivam Cement Pvt Ltd started trial cement production in Nepal last Friday. Satish Kumar More, a director of the company, told Chinese news agency Xinhua that commerc...
Martin Brydon to step down as CEO of Adelaide Brighton
Martin Brydon, CEO of Adelaide Brighton, has announced plans to retire later this year after four years in the position. Mr Brydon will stay with the company until a new chief ...
Cementos Argos sees falling volumes
Cementos Argos released its 1Q18 results this week , announcing revenues of COP1.9trn (US$670m), but cement sales fell by 4.1 per cent to 3.7Mt and ready-mix volumes by 7.5 pe...
Holcim Philippines considers capacity increase
Holcim Philippines Inc has earmarked PHP2.4bn (US$45.86m) for capital outlays this year, with projects to further increase capacity being considered, according to the Philippin...
Loesche to supply Cruz Azul plants with coal and petcoke VRMs
Loesche has now sold two coal/petcoke grinding mills to Cooperativa La Cruz Azul SCL for its production facilities in Hidalgo, 80km north of Mexico City, and the Lagunas plant ...
Geopolitics and tightening supply to impact oil prices in 2018-19
Global oil supply and demand balances are expected to tighten over the next 18 months, driven by the continued collapse of Venezuelan output, according to Bank of America Merri...
Senegal cement production up 6% in 1Q18
Cement production in Senegal increased by 97,500t in the first quarter of 2018. Sococim and Ciments du Sahel produced 1.832Mt of cement, up 5.6 per cent when compared with the ...
FLSmidth wins VRM order in the Philippines
FLSmidth has won an order for the engineering, procurement and supply of four vertical roller mills to three Philippine-based producers. San Miguel Northern Cement Inc, Ionic C...
The CMA calls on the government to lower tax on cement
India's Cement Manufacturers' Association (CMA) has argued that cement should be brought under the lowest Goods and Services Tax (GST) slab. It currently attracts 28 per cent, ...
Guinée Industries Ciment to double capacity
Guinée Industries Ciments will double its production capacity to 1.4Mta from July 2018, according to Africaguinee. Located near the capital Conakry, the company’s Kagbele pla...
Eagle Materials records positive FY18
Eagle Materials has reported its FY18 and 4QFY18 results, which reflect an all-round positive performance. In the 2018 fiscal year, revenue increased 14 per cent YoY to US$1.4b...
Lafarge Africa announces NGN34.3bn loss in 2017
Mobolaji Balogun, Chairman of Lafarge Africa Plc, on Wednesday said the overall drop in domestic cement demand was instrumental to the group’s NGN34.3bn (US$95.1m) loss before ...
Gunmen kill Dangote Cement's country manager in Ethiopia
Deep Kamara, Dangote Cement’s country manager in Ethiopia, was killed by gunmen on Wednesday while returning to Addis Ababa from the facility which he managed in the country, a...
Gebr Pfeiffer delivers first MVR mill to South Africa
Osho Cement, in a joint venture with HeidelbergCement, is building a new MVR grinding plant in Port Elizabeth, South Africa. The MVR 3750 C-4 mill will be supplied by Gebr Pfei...
Unacem’s profit down 53% in 1Q18
Peruvian cement producer Unacem reported a 53 per cent fall in net profit to PEN157m in the first quarter of 2018. Unacem’s domestic dispatches decreased 0.6 per cent YoY to...
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