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New KHD Humboldt Wedag CEO appointed

The Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, has appointed Mr Gerold Keune as chief ...

Dangote Asian expansion?

According to a Ghanaian news source, Dangote Cement is hoping to expand into the Asian market over the next decade. ...

Saudi Arabia: low demand sees Najran Cement 3Q16 profits halved

Lower sales volumes due to a slowdown in construction activity have seen the net profit of Saudi Arabian-based Najra...

Nigeria: Lafarge raided and closed for suspected for tax evasion

Lafarge Cement Co Ltd in Onne and IGPES, an engineering company, in Port Harcourt, were raided by Nigerian enforceme...

Saudi Arabia: Southern Province 3Q16 profit drops 14%

Southern Province Cement posted a 14.4 per cent YoY decrease in profits from SAR202m (US$53.9m) in 3Q15 to SAR173m i...

Saudi Arabia: Yamama sees 41% net profit decrease

Yamama Cement Co reported a 41 per cent YoY fall in net profits to SAR56.3m (US$15m) in the 3Q16 from SAR95.53m (US$...

India: UltraTech cement profits up 25%

UltraTech Cement reported that for the quarter ending 30 September its profits rose 25.27 per cent YoY. A consolidat...

Tajikistan starts cement exports to Uzbekistan

Tajikistan has commenced the export of cement to Uzbekistan, according to the Tajik Ministry of Industry. Since t...

UK: construction activity falls in August

The UK's Office of National Statistics has released its construction figures for August that saw a fall of 1.5 per c...

US fundamentals remain strong

Should investors be worried about the apparent slowdown of US cement shipments in recent months? The IMF has revised...