• Brazil: InterCement sales drop by 28% to Euro454m in first quarter of 2016

    InterCement’s sales have fallen by 28% year-on-year to Euro454m for the first quarter of 2016 from Euro637m in the same period in 2015. Its cement and clinker sales volumes fell by 11.2% to 6.03Mt from 6.79Mt. Its earnings before interest, taxation, depreciation and amortisation

  • Indonesia: Krakatau Semen Indonesia orders Loesche slag grinding mill

    PT Krakatau Semen Indonesia has ordered a slag grinding mill from Loesche for its Cigading grinding plant in Cilegon, Banten. Krakatau Semen will use a Loesche mill with an LDC classifier to grind ground granulated blast furnace slag to a fineness of 4500cm2/g. The scope of suppl

  • China’s huge cement industry latest to face massive cuts

    China’s cement industry, the largest on earth, needs to rapidly dismantle large numbers of factories as part of a newly urgent effort to cut overcapacity, the country’s top administrative authority says. China should slash 500 million tonnes of cement-making capacity in three y

  • Algeria: Gica, Chinese Equipment Manufacturer to Build Cement Plants

    The public cement manufacturing industrial group (Gica) inked Tuesdayin Algiers two agreements with Chinese equipment manufacturer Cmbi (subsidiary of Sinoma group) to build a new cement plant in Bechar and extend the plant of Zahana (Mascara). The agreements have been signed in

  • Tanzania: Economists Give Cautious Welcome to Dangote Cement Price Slashing

    Economists have described the recent cement price reduction by Dangote Cement as the right move which will benefit consumer and stimulate construction works necessary to boost growth. Speaking to the Daily News, in an interview yesterday, they gave a cautious welcome to the news

  • Pakistan: Fauji Cement plant suffers damage, billions may be lost

    In an unfortunate incident, one of Fauji Cement’s plants has been damaged extensively that is likely to cause a loss of billions of rupees to the company, according to a company notice sent to the Pakistan Stock Exchange on Monday. “The raw meal silo structure that contains abo

  • Dangote Cement to expand Into Asia

    At the commissioning of the 3.0 million metric tonne per annum cement plant in Mgao Village, Mtwara, Tanzania, Africa’s richest man and Chairman Dangote Group, Aliko Dangote announced his plans to build cement plants in 18 African countries, to include a factory in Nepal, Asia.

  • Zimbabwe:Cement industry pleads for power price cut as exports dry up

    Zimbabwe cement manufacturers have called for a reduction in the price of electricity after exports into the region dried up as high production costs make local products uncompetitive. An industry representative, Kelibone Masiyane, on Friday told a meeting organized by the Minist