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Semen Indonesia allocates Myanmar spend

PT Semen Indonesia has allocated US$200m for the acquisition of a cement plant in Myanmar, Agung Wiharto, corporate ...

Tunisia: Carthage 1Q14 turnover rises sharply

Carthage Cement reported a turnover of TND41.95m (US$26.45m) in the three months to March 31, 2014, up 337 per cent ...

Najran secures finance for waste heat project

Najran Cement has signed a SAR150m Sharia-compliant loan facility with Banque Saudi Fransi, aimed at financing the c...

LafargeHolcim will create Indian market leader

The merger of Lafarge and Holcim will create the largest producer in India, overtaking the current leader, UltraTech...

Kazakhstan: Standard Cement to launch second production line in 2015

Standard Cement LPP plans to launch a second production line in south Kazakhstan in 2015, bringing total capacity of...

Cementir Holding announces dividend

Cementir Holding today announced a cash divined of EUR8.0c per ordinary share, as early indications for the first qu...

Saudi Arabia: Northern Cement 1Q14 profits surge 42%

Northern Region Cement Company reported SAR60,761,806 profit over the Jan-Mar 2014 period, up 42 per cent compared w...

Asia Cement (China) reaches Sichuan purchase deal

Asia Cement (China) Holdings Corp, the Chinese unit of Taiwans second-biggest cement maker, has reached a share purc...

Saudi: Arabian Cement quarterly net profit up 6.2% YoY

Saudi-based Arabian Cement Company (ACC) posted a SAR167.1m (US$44.6m) net profit for the first quarter of 2014, up ...

Qatar consumption forecast to double by FY17

Cement consumption in Qatar is expected to double from current levels within the next three years, a new report has ...