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Reliance to sell part of cement division?

Reliance Infrastructure, part of the Anil Ambani-led Reliance Group, may sell half of its cement business to fund th...

Sri Lanka: Tokyo Cement plans expansion project

Sri Lanka-based Tokyo Cement plans to invest US$50m on a capacity expansion of 1Mta to help cater for local demand r...

Buzzi Unicem proposes to acquire SACCI

Buzzi Unicem is offering EUR120m for a 99.5 per cent stake in SACCI and the simultaneous relief of all outstanding l...

AshakaCem Plc appoints new chairman, Nigeria

AshakaCem Plc, a subsidiary of Lafarge Africa Plc, has appointed Malam Suleiman Yahyah as its chairman. The appoint...

Saudi calls for lift of export ban to supply Egypt

Saudi Arabia’s cement producers have again asked the government to lift a three-year-old ban on their exports so the...

Russia: preparing for the cold?

ICR investigates the pace of Russia's cement industry modernisation as new capacity is brought online and more effici...

Moroccan cement sales dip 0.45% in Feb 2015

After registering a 5.61 per cent advance in domestic cement consumption in January 2015, Morocco’s cement market sl...

Cemex aims to trim debt by US$1bn in 2015

Cemex is aiming to cut its debt by up to US$1bn this year. The company believes it can refinance US$2.9bn in bonds a...

Joint-venture agreement signed for new Nepalese plant

China’s Hongshi Holdings Group on Tuesday signed a joint-venture (JV) agreement with Shivam Holdings Nepal to set up...

Fitch expects negative impact on Lafarge credit profile if Holcim merger fails

A failure of the proposed merger between Lafarge and Swiss Holcim would have negative effect on the credit profile o...