Australia: Adelaide Brighton says it has prepared for an acquisition of the operations of LafargeHolcim in Australia and New Zealand. Chief executive Martin Brydon confirmed the plans to The Australian newspaper. He added that the plan includes measures to c
Nigeria: The Economic and Financial Crimes Commission (EFCC) has raided the Lagos office of the Bank of Industry (BOI) following an investigation. Officials of the development bank say that the raid was part of the investigation by the EFCC of the allegation
Colombia: Cement producers are reacting to a boom in infrastructure projects in Colombia by increasing production and upgrading existing production capacity. Demand for ordinary Portland cement is expected to grow in the short-term due to the government's 4G
Bhutan: Dungsam Cement is waiting for the market to improve in India following announcements of infrastructure development from the government. The latest budget in the neighbouring country is expected to boost demand for cement and steel in the north-easter
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 th
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
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), Er
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
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 tha
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 cap