• Kazakhstan:Steppe Cement revenue falls by 20% to US$117m in 2015

    Kazakhstan: Steppe Cement revenue has fallen by 20% year-on-year to US$93.6m in 2015 from US$117m in 2014. However, its cement sales volumes rose by 2% to 1.64Mt from 1.61Mt. The company reported that its 2015 results were adversely affected by a devaluation of the Kazakhstan Ten

  • Adelaide Brighton expects cement sales to remain flat in 2016

    Australia: Martin Brydon, the chief executive officer of Adelaide Brighton, has said that the company’s cement and clinker sales volumes in 2016 will be similar or slightly lower than in 2015. He made the comments at the building materials company’s annual general meeting. Ceme

  • Philippines:Seasia and Nectar open dry bulk terminal in Mariveles

    Philippines: Seasia Nectar Port Services has started commercial operations at Mariveles Dry Bulk Terminal in Bataan. Seasia chairman Ramon Atayde said the new facility would optimise the operations of dry bulk handling, according to the Manila Standard. The terminal is intended t

  • Philippines: Continued growth in the Philippines

    A new report by Timetric’s Construction Intelligence Center (CIC) foresees a continued growth in the Philippine construction industry, which is forecast to reach US$47.0 billion in 2020. According to the report, the rate of construction growth in the Philippines will remain rela

  • Brazil:LafargeHolcim opens new Barroso line in Brazil

    Brazil: LafargeHolcim will strengthen its cement production network in Latin America today, with the opening of a new cement line at its cement plant in Barroso, Brazil. The group says that the construction of the new line at the existing Barroso site is part of the group’s stra

  • Heidelberg Cement Caucasus invests $120m in cement plant in Georgia

    HeidelbergCement Caucasus today announced it will renovate and develop its cement plant in Kaspi, Georgia’s Shida Kartli region over the next two years. To do this HC Caucasus teamed up with the Georgian Co-Investment Fund (GCF) and Hunnewell Partners, a private equity, asset ma

  • US Concrete to offer Senior Notes

    US Concrete Inc has announced that it proposes o offer US$350 million aggregate amount of senior notes due 2024, subject to market conditions and other factors, to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1993, as amended, and to certain no

  • OMAN - Raysut Cement launches largest cement silo in region

    Raysut Cement Company (RCC) has recently launched a new silo at its cement plant in Salalah. The storage capacity of the new silo is 20,000t. It has a diameter of 30m and a height of 43m. RCC say it is one of the largest silos in the region. The silo contains three compartments w