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Sanghi exits corporate debt restructuring

India's Sanghi Industries announced it had exited from the corporate debt restructuring (CDR) mechanism and repaid i...

USA: 150 years up for Essroc's Nazareth Cement plant

Essroc Cement of Upper Nazareth, USA, celebrated 150 years in business last Thursday evening at the Nazareth Center ...

Indonesia: incumbents suffer as new entrants fight for market share

Cement prices in Indonesia are falling as newer firms attempt to win market share from the established players, stat...

Italy: strike planned over Heidelberg/Italcementi merger

A strike with national demonstration has been announced for Friday, 29 April 2016 to protest about the possible job ...

Ethiopia: Derba plans US$300m expansion

Derba Cement, a MIDROC Ethiopia subsidiary, is planning to expand its cement plant at a cost of US$300m. The expansi...

India: UltraTech confirms US$2.4bn purchase of Jaypee assets

UltraTech Cement has reached a definitive agreement in its deal to buy 21.2Mta of production capacity from Jaiprakas...

Brazil: Votorantim Cimentos downgraded to BBB-

Fitch Ratings has downgraded the foreign currency Issuer Default Rating (IDR) and senior unsecured rating of Votoran...

OCL invests in West Bengal's first solar power plant

OCL India, part of the Dalmia Bharat Group, has inaugurated West Bengal’s first and largest solar power plant. The 5...

ICR April 2016

An exclusive interview with Onne van der Weijde, CEO of Dangote Cement, headlines ICR’s April issue, along with DBS ...

Cemex to invest in seven energy projects

Cemex has plans for seven energy projects in Mexico, including wind parks, according to its CEO, Fernando González O...