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Freight: 30m dwt of scrapping needed

With newbuilds arriving faster than owners are able to scrap their old carriers, the growing oversupply in the dry b...

Algeria: CILAS clinker line successfully commissioned

Algeria's CILAS saw the successful start-up of its new clinker production line with the ignition of the kiln on 10 J...

UAE firm bids for Holcim Lanka Ltd

Dubai-based Onyx Group owned by Sri Lankan businessman, Nandana Lokuwithana, is said to have joined bidders in the p...

China: Jinyuan Cement to raise CNY1.36bn in private share placement

Jinyuan Cement plans to raise up to CNY1.36bn (US$204m) in private placement of shares to fund a company acquisition...

Nigeria: cement prices increase

According to The Guardian Nigeria market research, there has been a fluctuating increase in cement prices since May ...

Argentina: domestic demand down 19% in June 2016

Argentina’s cement demand contracted 18.8 per cent YoY in June 2016 to 857,525t from 1,055,434t in June 2015 and by ...

Vietnam offers support for state-owned cement firms

According to figures released by the Ministry of Finance, the Vietnamese government is providing restructuring loans...

Spain: consumption decreases 2.3% in 1H16

Cement sales in Spain slipped by 0.9 per cent to 1,048,116t while for 1H16 they fell 2.3 per cent to 5,525,720t. The...

Next-generation cement carriers

The first LNG/MGO-fuelled cement carrier is launched.

Puerto Rico: Cemex agrees penalties for MSHA safety violations

The US Department of Labor’s Mine Safety and Health Administration announced that Cemex de Puerto Rico has agreed to...