USA: Lehigh Cement silos make way for new riverfront
A group of Lehigh Cement silos on Richmond’s riverfront in Virginia were demolished on Wednesday afternoon. The silos on Wharf Street were being removed to make way for a paved...
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Bangladesh: Lafarge Surma signs deal with real estate company
Lafarge Surma Cement Ltd (LSC) has signed a Memorandum of Understanding (MoU) with Building Technology & Ideas Ltd (BTI), one of the leading real estate companies of Bangladesh...
Holcim Philippines' strong 2Q results
Holcim Philippines Inc's strong sales continued in the second quarter of 2015 as its plants delivered record supplies of cement. Holcim Philippines net sales from April to Jun...
Tanzania: CNBM and FLSmidth sign MoU for Mamba Cement plant
CNBM International Engineering Co Ltd, China, together with FLSmidth Pvt Ltd, India, as the sole technology partner has signed a Memorandum of Understanding with Mamba Cement C...
UK: the latest buzz about Hope biodiversity
A UK cement company is helping out in the UK’s campaign to grow Britain’s bee population. Hope Construction Materials has introduced 100,000 honeybees to two Derbyshire quarrie...
India Cements reports low demand in 2Q15
South India's largest cement maker by volume, The India Cements Ltd, on Wednesday said its profits for the quarter ended June 2015 were INR4010m (US$617.2m) from a loss of INR...
Tanzania: government pledges support
Local producers in Tanzania are being asked by the government to supply them with information on their production costs to make it easier for them to act on their complaints. D...
Egypt: environment rules to harden
The Environment Ministry will stiffen penalties against violators of environmental regulations in the face of the so-called black cloud. The dark polluting haze has been attrib...
Cemex announces divestment of operations in Austria, Hungary and Croatia
Cemex announced today that it has signed an agreement for the sale of its operations in Austria and Hungary to the Rohrdorfer Group for approximately EUR160.1m. The Austrian ...
Egypt to postpone the issue of new licences
Egypt’s General Authority for Industrial Development announced it will postpone the issuing of licences to establish new cement factories to review the cement market in Egypt, ...
Moody's raises LafargeHolcim outlook to "stable"
Ratings agency Moody's Monday raised the outlook on the long-term and short-term credit ratings of the merged cement group LafargeHolcim to "stable" from previously "negative"....
Pakistan monthly sales ahead despite heavy rains
Pakistan’s domestic cement dispatches increased by 4.19 per cent in July 2015 to 1.8Mt. Exports, however, declined by 7.45 per cent to 465,000t. Total cement dispatches duri...
Semen Indonesia may review expansion plans amid slow demand environment
Semen Indonesia has said it may review some planned expansion projects amid sluggish domestic cement demand, according to a senior company executive. “We will probably be acce...
Moody's assigns first-time A3 rating to Anhui Conch Cement
Moody's Investors Service has assigned a first-time A3 issuer rating to Anhui Conch Cement Company Ltd. The rating outlook is stable. "Conch's A3 rating reflects its leadershi...
China: Guangdong Tapai Group 1H affected by pricing pressures
Guangdong Tapai Group saw net profit fall to CNY186m (US$29m) for the first half of 2015, down 47.81 per cent from the same period a year ago. Operating revenue fell was down 7...
Iran nuclear deals may affect cement exports from Pakistan
Pakistan exporters and brokerage houses have shown mixed reactions on Iran's nuclear deal with major world powers, with some expecting Pakistan’s cement exports to decline afte...
PPC hosts groundbreaking ceremony for Zimbabwe plant
PPC has held a groundbreaking ceremony for a new 0.7Mta plant in Msasa, Zimbabwe. The US$80m plant will be the company’s second cement facility in the country. Speaking at ...
Conch reportedly planning Russian investment
Anhui Conch Cement Co of China is planning to build a 2Mta a cement plant in the Ulyanovsk region of Russia, local press report. The estimated investment in the project is US$3...
Polish monthly sales edge ahead
Cement production in Poland increased by 1.6 per cent YoY to 1.65Mt in July, while sales were up by 1.7 per cent to 1.71Mt, Poland's Cement Producer Association said in a state...
Zambian prices expected to come down
Cement prices in Zambia are expected to drop further with new capacity investments being lined up, according to the country's Commerce, Trade and Industry Permanent Secretary, ...
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