• 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

  • Spanish:Spanish cement consumption falls again

    Cement consumption in Spain has fallen by 3.3% in April, standing at 946 329 t. This figure is 32 478 t less than a year ago. This data supports the negative trend in consumption during the first four months of 2016, down 1.2%, bringing the cumulative total to 3 512 140 t. CEO of

  • UK:UK construction industry in strong position

    According to the latest report from Barbour ABI, the construction industry remained in a strong position during April. Despite growing fears of a lacklustre second quarter for the UK economy, £6.1 billion worth of contracts were awarded, led by a 26% monthly spike in contra