• Uganda: drop in cement production

    As cement production has decreased and cement prices increased, the construction sector has slowed down. According to the Uganda Bureau of Statistics (UBOS) there was a low production of cement between March and April 2016 for "major cement producers in the country", which in tur

  • Russia: Eurocement targeting exports to Denmark and UK

    Russia: Eurocement Group has said that it is targeting exports of cement at Denmark and the UK. Company chief executive officer Mikhail Skorokhod said that ‘contracts in Denmark and Britain are forthcoming’ in an interview with PricewaterhouseCoopers that was recorded ahead of

  • Myanmar: Myanmar state cement plant at Kyaukse to receive upgrade

    Myanmar: The state-run No. 33 cement plant in Kyaukse, Mandalay will be upgraded to produce up to 5000t/day of cement in a partnership with Myanmar Conch Cement. The plant was established in 1983 and has been running under the Ministry of Industry with a capacity of 300t/day. The

  • Mongolia to export cement to Russia?

    Mongolian cement production meets 90% of the domestic demand. According to the official report, production has been increasing steadily year by year and in 2016 is expected to reach 4.5 million tons. Later this year, two new cement plants will be commissioned – this should not o

  • LafargeHolcim to leave cement business in Sri Lanka

    LafargeHolcim is exiting its cement business in Sri Lanka, according to the EconomyNext financial news service. A spokesperson said the decision to sell its subsidiary Holcim Lanka was part of a larger global divestment strategy. The company operates the country’s only integrate

  • Cemex announces offering of senior secured notes

    Cemex, S.A.B. de C.V. has announced that Cemex Finance LLC, an indirect wholly-owned subsidiary of Cemex, intends to offer senior secured notes denominated in Euros subject to market and other conditions. Cemex intends to use the net proceeds from the offering of the Notes for ge

  • Australian competition body appeals against low Cement Australia fine

    Australia: The Australian Competition and Consumer Commission (ACCC) has filed an appeal against a US$12.6m fine against Cement Australia, which it views is too low. On 16 May 2016 a Federal Court published orders imposing a penalty of US$13.7m on the cement producer. One order w

  • Semen Indonesia Retains market share in South Kaltmantan

    Semen Indonesia seeks to maintain the market share of 26 percent in South Kalimantan region, reports Berita Satu. The company official said, "The impact of the sale must exist. Sales fell an average of 40 percent. But we continue to holistic solutions with fast and innovative." T