Spain: domestic cement consumption falls 3.1% in 2016
Spain's total cement consumption for 2016 reached 11,140,639t, down more than 350,000t compared to 2015 and representing a 3.1 per cent YoY fall. December's monthly figure...
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Cemex rating upgraded by S&P Global Ratings
Cemex announced today that S&P Global Ratings (S&P) upgraded its corporate credit rating in its global scale to BB- from B+. According to S&P, the upgrade reflects the compan...
India: Shree Cement board approves new 3Mta plant
Shree Cement Ltd on Monday said its board had approved a plan to build a 3Mta plant in Karnataka at a cost of INR18,000m (US$265.3m). The proposed plant is expected to be read...
Thailand: Siam Cement launches logistics firm
Siam Cement Group (SCG) has partnered with Yamato Asia to launch logistics firm SCG Express with an investment budget of THB633m (US$17.9m). Nithi Pattarachoke, vice-preside...
Jamaica: CCC joins greenhouse initiative
State Minister of the Ministry of National Security, Pearnel Charles Jr, has praised the Caribbean Cement Company (CCC) for partnering with the Department of Corrections (DCS) ...
Peru: Cementos Pacasymayo announces phosphate spin-off launch date
Cementos Pacasmayo SAA and subsidiaries, has provided shareholders with an update regarding the status of its spin-off of phosphate project company called FOSSAL, SAA. Pacasma...
India: Grasim Industries' 3Q net profit rises 14 per cent
Grasim Industries reported a net profit of INR728,200m for the December quarter, up 14 per cent from INR640,470m on a YoY basis, helped by better realisations at its viscose s...
India: labourers at Teriyklam cement seek payment
Teriyklam cement factory has been accused by a Member of the Legislative Assembly (MLA) of not paying 42 labourers their wages for the past few months, from three villages of O...
India: Malabar Cements Ltd official is arrested
Prakash Joseph, legal officer of public sector Malabar Cements Ltd, was arrested on Monday by the Vigilance and Anti-Corruption Bureau (VACB), reports the Hindu. Malabar Cemen...
Egypt: Arabian Cement to reduce US$ loans
The Arabian Cement Company plans to accelerate the repayment of US dollar loans owed to banks during the current year to decrease the total value of these debts to EGP40m (US2....
India's Central Pollution Control Board issues waste guidelines
India's Central Pollution Control Board (CPCB) has issued guidelines to ensure that millions of tonnes of hazardous, municipal, industrial and agro-waste is properly recycled a...
Pakistan: APCMA calls for higher duty on Iranian cement imports
All Pakistan Cement Manufacturers Association (APCMA) is urging the government to put a 20 per cent import duty on Iranian cement, claiming that Iranian producers are "dumping"...
India Cements Ltd announce 3Q16 profits of US$519.6m
India Cements Ltd registered net profit at INR35,340m (US$519.6m) for the third quarter ending 31 December 2016 in the back of strong sales volume and lesser cost of production...
Sri Lanka: 'Vijaya' brand of cement launched
Oliver Impex (Pvt) Ltd launched its latest brand of cement to the construction market in Sri Lanka at a special event attended by key stakeholders from the construction industr...
Pakistan: Attock Cement net profit of US$13.1m
Attock Cement Ltd has announced a net profit of PKR1.378bn (US$13.1m), translating into the earnings/share (EPS) of PKR12.03 for the half-year ended 31 December 2016, which is ...
Saudi Arabia: new chairman for Tabuk Cement
Saeed bin Saeed Obaid is appointed as the new chairman of Tabuk Cement, Saudi Arabia. He will succeed Khalid Bin Saleh Al-Shathry. Tabuk Cement said at its ordinary general m...
Coal price rises will impact cement costs
Although there has been a big move away from fossil fuels in many parts of the world, the cement sector still relies on coal as cheap fuel to fire a good number of its cement k...
Tajikistan exports 0.3Mt of cement in 2016
In 2016 Tajikistan exported 300,000t of cement, mainly to Afghanistan, Kyrgyzstan and Uzbekistan, according to Tajik Minister of Industry and New Technologies, Shavkat Bobozoda...
Lucky Cement sees half-year profits rise 12.5% to US$67m
Lucky Cement has announced that its profits rose by 12.5 per cent YoY in the last six months of 2016 to PKR7bn (US$67m). In a statement to the Pakistan Stock Exchange, Lucky...
Cementos Molins expects to raise AF use to 39%
Cementos Molins plans to raise alternative fuel use at its Sant Vicenç del Horts plant near Barcelona, Spain, from 34 to 39 per cent of the fuel mix this year. The step is expe...
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