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Indocement looks to dominate Central Java market

This week Heidelberg Materials' subsidiary, PT Indocement Tunggal Prakarsa (Indocement), signed an agreement to acqu...

Saudi Arabian exports top 11Mt

Saudi Arabia exported a total of 11.33Mt of cement and clinker in the 21-month period covering 2022 and the opening ...

CNBM issues 9M23 profit warning

China National Building Material (CNBM) has issued a profit warning for the opening nine months of 2023. According...

PIBTL reap benefits from PKR appreciation to reduce exchange losses 

Pakistan International Bulk Terminal Ltd (PIBTL) will benefit from Pakistani rupee currency appreciation against the...

Heidelberg Materials acquires PT Semen Grobogan plant

Heidelberg Materials , via its subsidiary Indocement , has signed an agreement to acquire 100 per cent of the shar...

Better capacity utilisation improves financial result of 1QFY23-24

Pakistani cement producers listed in the Pakistan Stock Exchange (PSX) have yet to post their financial results for ...

PPC Zimbabwe managing director steps down

PPC Zimbabwe Ltd has announced the resignation of its managing director, Kelibone Masiyane. Mr Masiyane joined the...

PPC opens new Highveld blending plant

South Africa’s PPC has opened its new Highveld blending plant in Emalahleni in the Mpumalanga province. According ...

Oman and UAE sign agreement on limestone exports

Oman and the Etihad Rail Co(OERC) have signed an agreement with Emirates Steel Arkan to facilitate the export of raw...

Power Cement Ltd made worthy exports in FY22-23

In the financial year ended 30 June 2023, Power Cement Ltd (PCL), witnessed a remarkable surge in net sales revenu...

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