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Pakistan’s federal budget offers mixed incentives for the cement industry

On 12 June Pakistan’s Finance Minister, Muhammad Aurangzeb, presented a budget proposal of PKR18.8776trn (US$67.8bn)...

Maple Leaf Cement reclassifies PKR26bn investment plan

Maple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) on 12 June that it had reclassified its PKR...

Vietnamese PM orders restructuring of construction materials sector

On June 15, Vietnamese Prime Minister, Pham Minh Chinh, ordered the restructuring of the construction materials indu...

Queensland commits US$70bn to infrastructure investment

Australia’s Queensland government has announced AUD107.3bn (US$70.9bn) in infrastructure investment over the next fo...

Siam Cement JV launches Kheda brick plant

Siam Cement BigBloc Construction Technologies Pvt Ltd, a 52/48 joint venture between Gujarat based BigBloc Constru...

PPC Africa predicts 20% YoY increase in earnings

PPC Africa has predicted a 20 per cent increase in earnings for the fiscal year ended 31 March 2024, driven by a s...

Apo and Solid Cement repurchase brands from CEMEX

Cemex Holdings Philippines (CHP) disclosed that APO Cement and Solid Cement have repurchased the cement brands from ...

Ambuja Cements acquires Penna Cement

Adani Group subsidiary Ambuja Cements has acquired Penna Cement Industries Ltd (PCIL) for INR104,220m (US$1274m). ...

BluPine Energy to supply Dalmia Cement (Bharat)

Dalmia Cement (Bharat) Ltd has signed an agreement with BluPine Energy for the supply of green energy through a so...

Chilanga Cement inaugurates kiln upgrade

Zambia-based Chilanga Cement has inaugurated its Ndola  kiln upgrade project. The project will not only enhance t...

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