Pakistan: Kohat Cement reappoints chief executive
Kohat Cement Company Ltd (KCCL) announced that it has re-appointed Aizaz Sheikh as chief executive and Nadeem Atta Sheikh as executive director for a term of three years commen...
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HeidelbergCement completes 45% shareholding in Italcementi
HeidelbergCement AG has completed the acquisition of a 45 per cent shareholding in Italcementi SpA from Italmobiliare SpA. All conditions for the closing of the transaction hav...
Vietnam: government to sell Vicem stakes
According to a local news source, the Ministry of Construction is set to divest its stakes in Vicem through an initial public offering in 4Q16. Cement producer Vicem currently ...
Indonesia: SCG Indonesia's sales revenue up 18% YoY
SCG Indonesia, a subsidiary of the Thai cement conglomerate Siam Cement Group (SCG), saw its sales revenue increase 18 per cent YoY to IDR1.39trn (US$103m) in the first quarter...
Egypt: new licences may threaten Misr Cement
The Egyptian government will announce the results of the license 8 tender on 30 July, which will see the addition of new production capacity to compete with current companies i...
Deadline day reached for Lafarge India bids
Today (4 July) sees the passing of the deadline by which bidders must submit binding offers for Lafarge India's assets. According to press sources, five companies – three domes...
Philippines: clinker delivery to Taiheiyo facility runs aground
Bulk carrier MV Belle Rose was refloated last week having run aground on Monad Shoal off the Philippines, the Manila Bulletin reports. Environmental activists have called on...
CRH releases 2015 sustainability report
CRH has launched its 2015 Sustainability Report that covers 84 pages on how it approaches sustainability, health and safety, environment and climate change, governance as well ...
India: Jaypee Group debts threaten cement unit sale
Creditors of Indian conglomerate Jaypee Group have invoked debt restructuring provisions that allow them to convert loans into equity, turning them into the firm’s majority sha...
Pakistan: cement dispatches grow 10% in fiscal year 2015-16
Pakistan's cement industry saw a growth of 9.82 per cent in total dispatches to 38.87Mt during fiscal year 2015-16 (July-June) from 35.34Mt in July 2014 to June 2015. The break...
Brexit: BDI to remain stable?
Following the result of last week’s ‘Brexit’ vote many questions regarding its long-term aftermath have arisen, with some predicting a curb in the global economy’s growth. As r...
Pakistan: WHR for Askari Cement's Wah plant
Pakistani cement producer Askari Cement Ltd is planning to install a waste heat recovery (WHR) plant for its 3500tpd clinker line at its Wah works in Rawalpindi, Punjab.It is c...
Spain: cement consumption falls
Cement consumption in Spain fell by 7.5 per cent in May, reaching 965,465t, 78,535t less than a year ago and the lowest comparable figure since May 1965, according to the lates...
Saudi Arabia: ABB upgrades EPCC production lines
Power and automation technology group, ABB have recently commissioned an electrical infrastructure upgrade for two 30-year old cement production lines at EPCC’s plant in Al Khu...
Mongolia clinker line successfully carries out ignition
The 1Mta clinker line constructed by China Triumph International Engineering Co for China United Cement Co was ignited according to schedule on 10 June 2016. The step indic...
Bulgaria: Green Oscar for Devnya Cement
During the official ceremony held on 8 June 2016 at Hilton Hotel Sofia, Bulgaria, Devnya Cement received the Green Oscar in the Industry and Production sector – one of 13 award...
LafargeHolcim appoints Alessandra Girolami as Head of Investor Relations
As of 1 September 2016, Alessandra Girolami will be LafargeHolcim's new Head of Investor Relations. She will report to Group CFO, Ron Wirahadiraksa, and succeeds Michel Gerber....
Bangladesh seeks duty-free export to Nepal
In an attempt to boost bilateral trade, the Bangladeshi government is discussing the possibility of duty-free export of cement and other commodities with the Nepalese governmen...
What does the Brexit crisis mean for Europe?
On 23 June the United Kingdom voted in a referendum to leave the European Union. For most, this was a totally unexpected result and there is no question it will have deep polit...
Cemex IPO values Philippines subsidiary at US$536m
Cemex has today announced that it will price shares in its subsidiary, Cemex Holding Philippines, at PHP10.75 (US$0.23), valuing the operation at around US$536m. Reuters New...
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