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 shoul
Cemex, S.A.B. de C.V. has announced that Cemex Finance LLC, an indirect wholly-owned subsidiary of Cemex, intends to offer senior secured notes denominated in Euros subject to market and other conditions.
Cemex intends to use the net proceeds from the offering
Australia: The Australian Competition and Consumer Commission (ACCC) has filed an appeal against a US$12.6m fine against Cement Australia, which it views is too low. On 16 May 2016 a Federal Court published orders imposing a penalty of US$13.7m on the cement producer. One o
Semen Indonesia seeks to maintain the market share of 26 percent in South Kalimantan region, reports Berita Satu.
The company official said, "The impact of the sale must exist. Sales fell an average of 40 percent. But we continue to holistic solutions with fast
Egyptian Industrial Development Authority (IDA) received eight requests from the local and international companies for gray Portland cement licenses after the deadline ended on May 31,2016, reports Daily News Egypt.
“The authority will immediately begin study
The China-Pakistan Economic Corridor is expected to boost cement production in Pakistan, reports Finance Sina.
The joint project between China and Pakistan brought hopes for an investment wave in Pakistan that will benefit the country’s entire industrial sect
Cemex, S.A.B. de C.V. has announced that it has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement Public Company Limited for approximately US$53 million.
The proceeds obtained from this transaction will be used mainly for debt red
According to the latest Reuters report, Cemex Holdings Philippines Inc has started pre-marketing for an initial public offering of shares worth up to US$500 million, with Citigroup, HSBC and JP Morgan as joint global coordinators and BDO Capital as local bookrunner.
The Pakistani federal government has proposed to increase Federal Excise Duty (FED) on cement by almost 100 percent from the next fiscal year, reports Radio Kapi.
Currently, the domestic cement industry is paying FED in per