• Indonesia: Semen Indonesia looks to international markets

    Amid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesia, Rizkan Chandra has said that he wants to raise the company’s sales outside of Indonesia from 5.2 pe

  • Philippines: Cemex Philippines unit to launch up to US$526 million IPO

    Reuters are reporting that Cemex Holdings Philippines, a subsidiary of Cemex, will launch an initial public offering of up to US$526 million on 21 June. The company is offering 2.03 billion shares in an indicative range of 10.50 pesos to 12.00 pesos each. Cemex Holdings Philippin

  • Philippines: Bullish Ordoñez opens Cemtech Asia

    The Philippines will see cement consumption rise rapidly as the incoming Duterte administration continues its predecessor's focus on public works. That was the message delivered by the President of the Philippines Cement Manufacturers Association (CeMAP), Ernesto Ordoñez,

  • 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