India Cements to develop Coromandel limestone
India Cements has proposed the development of the Coromandel limestone mine in Chilamkur and Kalamalla, Mandal Yerraguntla, Andhra Pradesh. The project represents an investment...
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Chinese firm invests in Zimbabwe
Mortal Investments Manufacturing Co announced that it is constructing a 1Mta plant in Redcliff, Zimbabwe. The arrival of the Chinese firm in the country is expected to intensif...
Cherat Cement posts FY16 results, plans second line
Pakistan's Cherat Cement Company Ltd (CHCC) has announced its FY16 results, which saw the company reporting a profit after taxation of PKR1.405bn (US$13.4m) compared to PKR1.28...
Bangladesh: river vessel worker strike affects imports
The import of clinker in Bangladesh has been affected as a result of the indefinite nationwide strike by Bangladesh River Vessel Workers' Federation (BRVWF), who demand a fixed...
Kenya: Bamburi reports KES4.27bn profit
For the 1H16 Bamburi Cement Ltd reported a pre-tax profit of KES4.27bn (US$42.12m), compared to KES4.5bn achieved in 1H15. Turnover for the six months stood at KES19.11bn (U...
Belarusian Cement to merge with Minsk Silicate Materials
Belarusian Cement Plant, located in the Kostiukovichi Mogilev region, is set to incorporate OAO Minsk Silicate Materials Plant. The merger is due to be finalised by December 20...
CRH more than doubles EBITDA to EUR1.12bn in 1H16
CRH plc announces that its 1H16 sales increased by 35 per cent to EUR12.7bn and EBITDA more than doubled on the same period a year ago to EUR1.12bn. Building material sales ros...
Tajikistan: Chzhungtsai Mohir Cement plant opened
The Chzungtsai Mohir Cement cement plant has been officially opened by Emomali Rahmon, the President of Tajikistan, Asia Plus reports. The 1.2Mta plant is the second to be b...
Aalborg Portland close to sealing Belgian acquisition
Danish cement company Aalborg Portland has acquired Belgian cement company Compagnie des Ciments Belges (CCB) for DKK2.30bn (US$349.81m). The acquisition increases Aalborg P...
Bolivia: Soboce receives new kiln
Bolivian cement company Sociedad Boliviana de Cemento (Soboce) has received a vertical kiln, the first to will installed in Bolivia, as part of Illimani LP12 project. An F...
Tanzania: cement producers optimistic for future
In the face of overcapacity and cheap imports in the local market, cement producers in Tanzania remain optimistic about future prospects, which seem more positive in light of a...
Pakistan: Cherat Cement sees FY1516 profits rise 9%
Cherat Cement Company has reported a rise in net profits of 9.1 per cent for the year ending June 30, 2016, Pakistan's The News reports. Profits reached PKR1.4bn (US$13.3m) on ...
Saudi Arabia: EPCC hydraulic breaker
Atlas Copco Middle East has commissioned the regions first HB10000 hydraulic breaker at EPCC in Dammam, Saudi Arabia. The HB10000 weights 10t and is mounted on a Komatsu PC1...
Indonesia: July cement demand up slightly, stronger growth anticipated
According to figures released by the Indonesian Cement Association (ASI), cement demand in July was up slightly YoY, despite falling by 29 per cent compared to June, Indonesian...
Cementos Molins applies to raise tyre use
Recognising the need to increase its use of tyres as fuel to fire its kiln, Cementos Molins is applying to extend its licence. Initially, Catalonia’s provincial government auth...
Cemex to commission new 1Mta Colombian plant in December
Cemex expects to bring its new cement plant in Maceo, Antioquia, Colombia online at the end of this year, according to Carlos Jacks, president of the Mexico-based cement produc...
Dominican Republic: Cemex carries out reforestation at San Pedro de Macorís
With the help of 100 volunteer employees, Cemex organised a reforestation day at the quarry of its San Pedro de Macorís in the Dominican Republic as part of its “Manos a la Obr...
India: Assam property developers concerned over cement price rise
The Assam Real Estate and Infrastructure Developers Association (Areida) has said that a proposed rise in cement prices is “unreasonable”, the Times of India reports. Follow...
Egypt: South Valley profits up 33%
South Valley Cement announced a net profit increase of 33 per cent for the 1Q16. A net profit of EGP42.85m (US$4.82m) was registered in the quarter compared to EGP32.35m for th...
Argos Board approves sale 20% stake in Argos Panamá
The Board of Cementos Argos has approved the sale of 20 per cent of shares of Argos Panama for the sum of US$126m. Buyer is the Grupo Provivienda, controlled by Federico Sal...
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