The foundation ceremony for Popcement, an Uzbek-Chinese-Arab joint venture was held in Sherabad, Namangan region, Uzbekistan.
The project represents an investment of US$50m. The initial production capacity of the new Sherabad plant is expected to be 0.5Mta, but it is expected to increase to 1.5Mta of Portland cement from 2019.

Power Cement reports positive 3Q and 9MFY24-25 results
Pakistan-based Power Cement Ltd posted PKR7.182bn (US$52.5m) in revenue for the quarter ended ...