Indian prices rising in the north, down in the south - report
JM Financial says in the past few weeks India cement prices have risen by INR50/bag in the north while they fell by INR20/bag in the south. Across India though cement prices ha...
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Maple Leaf FY15 profit boosted by higher dispatches
Pakistan producer Maple Leaf Cement boosted its FY15 profits by more than one-fifth to PKR3.5bn (US$33.55m), the company said in a filing to the Karachi Stock Exchange on Wedne...
GCC to invest US$90m in US plant
Grupo Cementos de Chihuahua (GCC) will invest up to US$90m in the next two years to increase capacity at one of its three US plants, while assessing further acquisition opportu...
Vicat launches new range of high performance cements
Vicat is launching a new range of “ultra-performing” cements: Alpenatup, Ultimatup, Smartup and Promptup. The latest additions to the Vicat product range are particularly suite...
Pakistan's August sales buoyed by domestic dispatches
Pakistan cement dispatches rose by 10.24 per cent in August 2015 to 3.061Mt despite a 31 per cent drop in exports. According to the data released by All Pakistan Cement Manu...
Essroc Italcementi Group announces new CEO
The Italcementi Group has appointed Alex Car as the president and CEO of its Essroc North American operations. Car previously served as Essroc senior vice president of cement s...
Lucky Cement full-year profit advances, Pakistan
Lucky Cement Ltd reported net profit of PKR12.43bn (US$119m) for the year ended 30 June 2015, representing a 9.6 per cent YoY increase. Revenue advanced by 3.9 per cent to P...
AMMC signs contract for Uzbekistan plant expansion
Almalyk Mining and Metallurgical Combine (AMMC) has signed a contract with Turkey-based Dal Teknik Makina to expand capacity of a cement plant in the Jizzakh region of Uzbekist...
India: Sagar Cements reports rise in monthly output and sales
India-based Sagar Cements Ltd on Tuesday reported a 6.87 per cent rise in output during August 2015 to 114,600t compared to 107,236t a year earlier. Dispatches during August...
Cementos Argos launches brand in Puerto Rico
Colombia-based cement producer Cementos Argos has completed its entry into the Puerto Rican cement market by launching its brand locally. The company is importing cement throug...
LafargeHolcim offer to pay down €1.75bn debt
LafargeHolcim announced that they have offered to pay down EUR1.75bn worth bonds (average cost of 5.8 per cent) with an expiration date of 15 September. JP Morgan believe thi...
Buzzi Unicem to build new Texas rail terminal, USA
Buzzi Unicem USA is to construct a US$7m rail terminal in northwest Temple, Texas, officials announced Friday. The terminal will use at least 1000 rail cars each year for cem...
CRH appoints Group Finance Director
CRH announced yesterday the appointment of Senan Murphy as Group Finance Director with effect from 4 January 2016. Senan will succeed Maeve Carton who will become Group Transfo...
Umm Al Qura Cement signs deal with CNBM International Engineering
Umm Al Qura Cement has signed an agreement with CNBM International Engineering to operate a cement production line, the company said in a bourse statement on Monday. The SAR32...
TCL signs loan agreements with international banks
Trinidad Cement Ltd (TCL) has made an announcement on its settlement of loan deals worth US$200m with international banking giants. TCL has signed the loan agreements, which ...
Peru: Volcan mulls sale of Polpaico shares
Peruvian mining firm Volcan could sell its share in Chilean cement company Polpaico if metal prices continue falling, according to the firm's CFO Jorge Murillo. Volcan could re...
Holcim Liban posts steep fall in 1H profit
Cement producer Holcim Liban posted an unaudited net profit of US$2m in the first half of 2015, down 78.3 per cent from net earnings of US$9.4m in the same period of 2014. Th...
CEMBUREAU: EU-ETS proposal needs to incentivise best performers
The European Commission (EC) recently published the long-awaited post-2020 EU Emissions Trading Scheme (EU-ETS) proposal. Although the EC acknowledges the importance of cont...
Nigeria: BUA Cement signs US$600m expansion deal with Sinoma
BUA Group has signed US$600m worth of contracts with China's Sinoma International Engineering Co to double capacity at its Obu cement plant. The plant currently produces 3.5Mt...
Tajikistan: 1.2Mta Vahdat cement plant opened
During his working visit to Vahdat on 6 September, President Emomali Rahmon officially opened LLC "Toj-China 2013" cement plant, which has a capacity of 1.2Mta. Some 400 loca...
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