Bamburi Cement full-year pretax profit rises 46%
Kenya's Bamburi Cement posted a 46 per cent rise in full-year pretax profit to KES8.46bn (US$83.51m), helped by increased sales and investment income and foreign exchange gains...
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Vietnam monthly sales climb 15% YoY
Vietnam’s clinker and cement sales climbed 15 per cent from a year earlier to 6.62Mt in January, the Ministry of Construction said. Of the total 5.12Mt were sold in the domest...
Indonesia sees 3% rise in Feb sales
Cement sales in Indonesia rose three per cent YoY to 4.45Mt in February 2016 from the same month one year earlier. Widodo Santoso, chairman of the Indonesia Cement Associatio...
CEMBUREAU 4Q15 Economic Report: modest growth across EU, some clouds on horizon
CEMBUREAU's Quarterly Economic Report for 4Q15, published yesterday, shows that no EU countries experienced recession in 2015. However, the latest quarterly data revealed that ...
Brazil: monthly sales fall 6.1%
Cement sales in Brazil totalled 4.6Mt, down 6.1 per cent compared to the same month a year earlier, according to preliminary results and market estimates gathered by Brazilian...
Cemex announces pricing of US$1bn in Senior Secured Notes
Cemex announced today the pricing of US$1bn of its 7.750 per cent Senior Secured Notes due 2026 denominated in US Dollars. The notes will bear interest at an annual rate of 7....
FCT awarded new contract in Turkey
Baticim Bati Anadolu CImento Sanayii has placed an order with FCT Combustion for a burning system firing petcoke, fuel oil and alternative solid fuels at the Turkish cement pro...
Vietnam: Quang Ninh province to stop transportation of cement on Ha Long Bay
The People’s Committee of the northern coastal province of Quang Ninh have decided to terminate the loading and discharge activities, as well as the transport of clinker, cemen...
Breedon's full-year trading performance
Breedon Aggregates Ltd reported continued improvement in trading performance for full-year 2015, with record results from both England and Scotland. Group revenue increased ...
Claudius Peters' Bolivian order
The Spanish consortium, UTE ORURO, awarded a contract to Claudius Peters Projects for the delivery of a new packing and palletising plant for a greenfield cement plant in Oru...
Dalmia Bharat to take full control of cement subsidiary
Dalmia Bharat has received approval from the Competition Commission of India to acquire a 15 per cent stake in its subsidiary Dalmia Cement Bharat from private equity firm KKR....
Suez Cement says profit transfers hit by foreign currency crisis in Egypt
Suez Cement is struggling to transfer shareholder profits out of Egypt because of a foreign currency crisis, Reuters reports. Egypt has been struggling to revive its economy s...
CRH subsidiary challenges competition authority searches
Irish Cement, a subsidiary of CRH, has brought a legal challenge to the seizure of certain emails of a senior CRH executive during a search as part of an investigation into all...
Change at the top for thyssenkrupp India
Ravi Kirpalani will join thyssenkrupp India on 14 March 2016 and take charge as the CEO of the regional headquarters of thyssenkrupp India effective 1 July 2016. Indian-bo...
Cemex obtains required consents to amend its credit agreement
Cemex announced yesterday that, in line with the company's current initiatives of enhancing financial flexibility and reducing risk, it has obtained the required consents to am...
Cementir given antitrust approval for Sacci deal
The Italian Antitrust Authority has approved Cementir’s offer to purchase Sacci Spa's cement and ready-mix concrete business divisions. In a statement released yesterday, Cem...
Kenya: ARM Cement reportedly nears deal with foreign investor on stake
Kenyan producer ARM Cement is in the “final lap of concluding investment details with a potential investor,” CEO, Pradeep Paunrana, told Bloomberg in a recent interview. In De...
Irish Cement applies for AF burning planning permission
Irish Cement has formally applied for planning permission to burn alternative fuels at its plant in Limerick, according to local press reports. The CRH group company is seekin...
Tanzania: Tanga in talks for increased rail usage
Tanga Cement Co Ltd (TCCL) is finalising discussions with the government of Tanzania to use the Tanga-Moshi railway to Arusha for transportation of its products, according to P...
Lucky Cement unit gets licence to generate 660MW coal power
The government of Pakistan has licensed Lucky Electric Power Co, a concern of Lucky Cement, to generate electricity from its 660MW coal-fired plant. “In order to meet the futu...
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