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Yamama agrees raising credit facility limit

Yamama Cement announced that it has agreed with the National Commercial Bank (NCB) and Samba Financial Group to rais...

S&P puts Cemex ratings on Watch Positive

S&P Global Ratings has placed its 'BB-' global scale and 'mxA-/mxA-2' national scale ratings on Cemex on CreditWatch...

Trinetra minority shareholders challenge merger plan

Minority shareholders of Trinetra Cements, a subsidiary of India Cements, have approached India's National Company L...

Ecocem launches second UK import terminal

Ecocem Ireland has increased its export capacity with the launch of its second UK-based bulk import terminal at Shee...

New Nepal plant to begin production

Annapurna Cements, Nepal’s newest greenfield plant, is scheduled to go into commercial production by June-end, accor...

Eagle Materials chairman to retire from board

Eagle Materials Inc announced that Laurence E Hirsch, chairman, informed he has decided to retire from the board. Ri...

Vulcan raises US$700m in public offering of senior unsecured notes

Vulcan Materials Company has raised US$700m in a public offering of senior unsecured 4.50 per cent notes due 2047. ...

CTLGroup appoints new CFO

CTLGroup has announced the appointment of David Mizwicki as Vice President and Chief Financial Officer. Mr Mizwicki ...

Buzzi Unicem strengthens position in Italy

Buzzi Unicem is expanding its position in northen Italy with the acquisition of Cementizillo SpA. A total of 47.9 pe...

Semen Baturaja expecting higher sales

Indonesia state-owned cement producer Semen Baturaja is anticipating higher sales this year following the start-up o...