Paraguay: cement price predicted to fall 15% in 2016
Following the fuel conversion at Industria Nacional de Cemento’s Villeta plant in Paraguay, its CEO, Jorge Méndez, said he expects up to a 15 per cent drop in the price of ceme...
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Sumitomo Osaka to expand Kochi plant, Japan
Sumitomo Osaka Cement Co said Monday it will spend JPY2.6bn (US$21m) to expand facilities at its plant in the city of Susaki, Kochi Prefecture, western Japan, according to loca...
Cherat Cement FY14-15 profit dips two per cent
Cherat Cement Co Ltd reported a profit after tax of PKR1.288bn (US$12.6m) during FY14-15, down two per cent from a year earlier, the company said in a notice to the Karachi St...
AllScan PGNA analyser selected for Emami Cement greenfield project, India
FLSmidth India has placed an order with Realtime Instruments (RTI), Australia for delivery of an AllScan PGNA Analyser for FLSmidth’s contract to supply of a QCX lab automation...
Tokyo Cement adds to shipping fleet, Sri Lanka
Tokyo Cement announced the addition of a fifth vessel, 'MV Mohar', to its fleet of cement carriers. The 22,000t, pneumatic bulk cement carrier was inaugurated by chief guest A...
West China Cement first-half profit plummets
West China Cement Ltd’s net profit slumped 99 per cent in the first half as China's economic slowdown took a toll on cement consumption. The company said first-half net profi...
Nigeria: CCNN full-year profit rises 23.1%
The Cement Company of Northern Nigeria (CCNN), part of BUA Group, has declared a post-tax profit of US$9.64m for the 2014 financial year, increasing by 23.1 per cent YoY. CCN...
Fosroc reaches agreement to acquire majority shareholding in Idea Kimya, Turkey
Fosroc, the international construction chemicals group, said it has reached an agreement to acquire a "substantial majority shareholding" in Turkish cement additives company Id...
LH to sell two eastern Indian plants to Birla Corp
LafargeHolcim announces that it has entered into a letter agreement with Birla Corp Ltd, subject to approval by the Competition Commission of India (CCI), for the divestment of...
Peru: cement sales decline 5.2% in July
Peru’s cement market contracted 5.2 per cent in July, according to Asocem, the country’s cement producers’ organisation. Deliveries fell from 846,000t in July 2013 to 802,000t ...
Shanshui Cement issues first-half profit warning, China
Shanshui Cement on Friday said it expects to record a loss in net profit for the six months ended 30 June 2015 compared to the net profit of the same corresponding period in 20...
Vietnam monthly sales up by a quarter
Vietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced....
Pakistan: Attock full-year profit rises
Attock Cement reported an after-tax profit of PKR2.21bn (US$21.7m) in FY14-15, up 9.5 per cent compared to PKR2bn in the last fiscal year. Revenues climbed 4.3 per cent to PKR...
Talks to recommence operations at the KKS factory, Sri Lanka
Working Director of Sri Lanka Cement Corporation (SLCC) and Lanka Cement Plc, Reyyaz Salley, has been in talks with the Chief Minister of the Northern Provincial Council, Wigen...
Indonesia: cement demand declines Jan-Jul 2015
Slowing property and infrastructure development in southeast Asia’s largest economy caused a drop in cement sales from January to July 2015. Domestic cement sales fell 4.1 per ...
Mongolia's first dry-process plant is commissioned
The greenfield MonCement cement plant was fully commissioned and opened on 14 August 2015, in Urgun Sum of Dornogovi Aimag, Mongolia The new 1Mta plant was opened by Prime Min...
Vietnam: Thang Cement project wins funding
JSC Bank for Investment and Development of Vietnam (BIDV) and North Asia Commercial Joint Stock Bank (Bac A Bank) will lend a combined VND3.15trn (US$143.5m) to construction a...
Pakistan: Attock Cement plans 3300tpd plant
Attock Cement Ltd has planned an estimated capital outlay of US$120m to install a new plant with a clinker production capacity of 3300tpd, securities analyst Sajjad Hussain at ...
Buzzi Cement see stock market gains of 5%
Buzzi Unicem was the best performer of the FTSE MIB blue-chip index of the Milan Stock Exchange yesterday, trading at more than five per cent higher at EUR16/share, which is t...
Asia Cement still chasing full control of Shanshui Cement
Asia Cement plans to raise convertible debt to gain full control of China Shanshui Cement. In a filing to the Taiwan Stock Exchange, the group said it hopes to raise US$400m fr...
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