Philippines: competition commission probes cement industry
The Philippine Competition Commission (PCC) has warned cement companies of the repercussions should it violate antitrust laws. PCC Commissioner, El Cid Butuyan, said, "We inten...
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Pakistan: Pioneer Cement profits up slightly in FY2016
Pakistan cement producer Pioneer Cement Ltd has reported post-tax profits of PKR2.51bn (US$24m) for the financial year ended June 2016, a rise of 0.9 per cent YoY. In a noti...
Nepal: cement and clinker imports hit US$154m
The value of clinker and cement imports to Nepal in FY16 amounted to NPR16.4bn (US$155m), Republica reports. The country imported clinker worth NPR9.84bn in FY16, up by 17 p...
Baltic Dry Index on the road to recovery?
Over the past six months, the Baltic Dry Index (BDI) has witnessed conservative growth. Despite a period of decline, the BDI has steadily climbed from 392 in March to 804 in...
World Cement Association launched
Tuesday 27 September saw the launch of The World Cement Association (WCA), which will represent and promote the cement industry worldwide. The association will give its members...
China: cement prices to remain strong in 2H16
Chinese cement prices are predicted to rebound strongly in the remaining three months of the year, say analysts, thanks to rising domestic home prices, which have also boosted ...
Chile's three largest cement producers sees 1H sales rise 3.7%
Chile's top three cement companies - Cemento Melon, Cementos Polpaico and Cementos Bio Bio - recorded a 3.7 per cent YoY rise in sales to CLP339.82bn (USD510.48m) in the first ...
Uganda: Hima to open new plant
Hima Cement is set to invest US$40m in a new plant in Tororo with a view to raising its output to 1.8Mta. The company's CEO, Daniel Pettersson, said the decision was a step to ...
Natural gas price to rise but thermal coal to fall in 2017
Global oil production fell in 2Q16 as the decline in no-OPEC fields is no longer offset by OPEC growth but is expected to remain largely unchanged in 2017, particularly has the...
USA: public asked for their comments on Martinsburg plant's future
Federal regulators are seeking public opinion on one aspect of the pending US$4.2bn merger between HeidelbergCement and Italcementi that will include a change in ownership for ...
Cemex: Jamie Muguiro to take over Cemex Latam CEO duties
Cemex Latam Holdings SA Chairman, Jaime Muguiro, will take over CEO duties in coming days after the unit said it found about US$20m in irregular payments in the construction o...
DR Congo: cement price continues to fall in Matadi
The price of imported cement in Matadi, Democratic Republic of Congo, has fallen in the past week from CDF13,500 (US$13.81) to CDF9500/50kg bag. The price fall has been attri...
Caribbean Cement Co invests US$5.5m to double output
Following a US$5.5m investment to increase its capacity, Caribbean Cement Co Ltd has promised its customers that the restricted supply of its cement on the market will be recti...
Iran: Fars cement plant exports increase by 134%
Cement plants in Fars province exported 285,700t of the construction material worth US$11.7m in the five months of the current Iranian year (started 20 March), registering a 13...
UK: Hanson make management changes
Hanson Cement (HeildelbergCement Group) in the UK has made a number of new senior appointments within its packed products team. Andy Simpson becomes national commercial directo...
India: Rain Cements brings WHR power plant online
Rain Cements Ltd has started its waste heat power generation (WHPG) plant at its cement unit at Boincheruvupalli Village, Peapully Mandal, Kurnool district in Andhra Pradesh, I...
Kazakhstan: Steppe Cement 1H16
Steppe Cement's 1H16 revenues fell 47 per cent YoY to US$24m, despite the company seeing a six per cent YoY increase in cement sales volumes. The decline in revenue was ...
Kyrgyz Republic: Shangfeng Kemin plant construction halted but government supported
The Kyrgyz State Environmental and Technical Safety Inspectorate has suspended the construction of a cement plant by Shangfeng Z Cement LLC on 17 August 2015 for violation of t...
Mozambique: cement prices soar
The price of cement has risen sharply in the northern Mozambican province of Nampula, with retailers across the province charging MZN480 (US$6.30) for a 50kg sack, compared wit...
Pakistan: exports at US$52.70m in 2M FY16-17
In July and August 2016, the first two months of FY16-17, Pakistan cement producers exported 1.01Mt of cement and earned export revenue of US$52.77m compared to 1.032Mt at US$5...
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