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UltraTech seeks clarity on Binani Cement bidding process

UltraTech has approached the National Company Law Tribunal (NCLT) in Kolkata, seeking clarity on the evaluation of b...

Alexandria Cement reports increasing losses in 2017

Egyptian cement producer Alexandria Cement reported a consolidated net losses of EGP513.85m (US$ 29.13m) , when co...

Ramco Industries to sell Kharagpur grinding unit

Ramco Industries Ltd has agreed with The Ramco Cements Ltd, a related party, for the sale of its clinker grinding un...

Breedon Group reports earnings up 43% to GBP652m

Breedon Group PLC reports revenues grew by 43 per cent to GBP652.4m (US$904.9m) in 2017 while underlying earnings b...

Caribbean Cement reports lower profits in 2017

Jamaica-based Caribbean Cement Ltd reported profits of JMD1.1bn (US$8.65m), down from JMD1.3bn in 2016, according to...

Pakistan's capacity utilisation stands 91%

The All Pakistan Cement Manufacturers Association (APCMA) reports that the domestic cement industry's capacity util...

LafargeHolcim targets better growth

LafargeHolcim's CEO, Jan Jenisch, announced this week that the company is writing off its US$4.04bn impairment char...

LafargeHolcim announces new Middle East/Africa organisation

LafargeHolcim has announced its new organisation for the Middle East and Africa region. "This new organisation will ...

Cimentos de Mocambique denies responsibility for price rises

Cimentos de Mocambique (CM), which operates two cement factories in the northern province of Nampula, has denied aut...

Lao Cement Co opens on Lao stock exchange

Lao Cement Co has opened for trading on the Lao Securities Exchange. The company’s participation in the Lao stock ma...