Pakistan: amalgamation of Bestway Cement and Pakcem complete
The Board of Directors of Bestway Cement Ltd (BCL) and Pakcem Ltd (formerly Lafarge Pakistan Cement Ltd) in their meetings held on 7 April 2016 have approved the scheme of amal...
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Ukraine: Volyn Cement posts 2015 rise in net revenue, but loss deepens
Volyn Cement, one of the top-three producers in Ukraine, posted a 23 per cent rise in net revenue from UAH754.892m (US$29.46m) in 2014 to UAH860.352 in 2015. However, the compa...
Syria: IS kidnaps 300 Al Badia cement workers
Some 300 employees and contractors of the Al-Badia Cement plant have been abducted by Islamic State (IS) militants in Dumeir, some 30km northeast of the Syrian capital, Damascu...
Oslo order is Norcem's biggest in Norway to date
Norcem, HeidelbergCement’s Norwegian subsidiary, and the Spanish-Italian contractor consortium Acciona Ghella JV (AGJV) have signed an agreement for the cement supplies to the ...
India: Sagar Cements reports 16% rise in March sales
India’s Sagar Cements Ltd reported a 16 per cent increase in March sales from 170,410t in 2015 to 197,583t. Sales were particularly strong in Andhra Pradesh and Telangana, wher...
Malaysia: Cahya Mata Sarawak to raise MYR1bn for capex
Cahya Mata Sarawak Bhd (CMS) plans to raise MYR1bn (US$255.9m) in syariah-compliant fund for its capital expenditure (capex) requirements and working capital. According to Gr...
UltraTech is in a better position to control India's cement market
UltraTech Cement has undertaken series of acquisitions and organic expansions over the past year. This will help the country's largest cement manufacturer in enhancing market s...
Pakistan: Kohat Cement WHRP starts operation
Kohat Cement Company Ltd (KCCL) has informed Pakistan Stock Exchange (PSE) that its waste heat recovery project (WHRP) at Kohat, Khyber Pakhtunkhwa province, has been successfu...
USA: Ash Grove announces more award winners
Ash Grove Cement Company’s Durkee plant in Oregon has won an internal award for excellence in safety. Commenting on the win, Steve Minshall, Ash Grove corporate health and ...
CNBM to issue CNY1.5bn 365-day bills
China National Building Material Co Ltd (CNBM) has announced that it will issue CNY1.50bn(US$232m) unsecured super-short-term bills with a maturity of 365 days on the interban...
The BRICs come under pressure
While the cement world has been concentrating on the slowdown in China and the large-scale mergers in India's cement sector, there has been little notice to the plight of other...
Ethiopia: Dangote keen on further expansion
Speaking to Ethiopian news portal, 2Merkato, Aliko Dangote, announced the Nigeria-based cement group would expand its investment in Ethiopia. Aliko Dangote, the Nigerian billio...
Cote d'Ivoire: Work starts on second CIMAF plant
Plans to bring Société Ciment d'Afrique's (CIMAF) production capacity in Côte d'Ivoire to 2Mta by 2017 were outlined in a meeting yesterday between Moroccan investors and the c...
Pakistan: cement industry excels in March
Pakistan's cement industry has returned an excellent performance in terms of domestic and export fronts during the month of March. It has recorded its highest ever monthly disp...
CRH outlook improves with construction activity
Strong American and European construction activity has prompted JP Morgan Cazenove to hike its rating on cement maker CRH. The investment bank upgraded the London-listed group'...
India: UltraTech receives state pollution control board OK for Nagpur
UltraTech Cement Ltd has received approval by the Maharashtra Pollution Control Board to build a 2Mta grinding facility at Nagpur in Maharashtra, India. The clearance, which...
United States: Ash Grove’s Leamington wins quality control award
Ash Grove Cement Company’s Leamington plant has won an internal award for excellence in quality control. Commenting on the win, Mike Hrizuk, Ash Grove senior vice president...
Yanbu Cement Co net profit down 11.1% in 1Q16
Yanbu Cement Company posted a 11.11 per cent decline in net profit for the first quarter of 2016, according to a bourse filing sent Wednesday. The cement producer generate...
Bharathi Cement wins Asia's 2015-16 most promising brand award
Bharathi Cement Corporation Pvt Ltd, a Hyderabad-based cement producer and member of the Vicat-France Group, has been adjudged as the “Asia’s most promising brand Award for 201...
HeidelbergCement to sell Italcementi's Belgian operations as part of integration plan
HeidelbergCement has laid out its plans for the restructuring of Italcementi's operations following the former's moves to acquire a 45 per cent stake in the Italian firm last J...
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