A subsidiary of National Materials Group (Sinoma) is buying a 59.1% stake in German mining equipment firm Hazemag & EPR for US$137m. The Chinese state-owned cement equipment manufacturer and cement producer made the announcement in a ...
Tags: mining equipment, cement equipment, cement, Construction
According to local press reports, the Cement Company of Northern Nigeria (CCNN) intends to invest N45 billion in the construction of a 1 million tpa clinker line and a coal grinding mill. The company’s Chairman made the announcement ...
Tags: Cement, Construction
Kenya s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, Kestrel Capital East Africa Ltd. said. "Increasing government ...
Tags: Cement, Construction
Iran s cement, tile and ceramic outputs rose by 3.8 percent in the first four months of the current Iranian calendar year, which began on March 21, compared to the year before, IRNA quoted industry ministry official Mohammad Fatemian as ...
Tags: Cement, Tile, Ceramic, Construction
Once again Suez Cement is the main sponsor of the 20th INTERBUILD exhibition that will be held on 20-24 of June at the Cairo International Conference Center in Nasr City. Held under the patronage of H.E. Hisham Qandil, INTERBUILD ...
Tags: Cement, Construction
Jose Maria Magrina, Chief Executive Officer of Arabian Cement Company (ACC) announced that the company has taken all the steps needed to substitute natural gas with coal and refused derived fuel (RDF) as energy sources in its plant. He ...
Tags: Fuel, Metallurgy, Mineral&Energy, Arabian Cement
The Romanian cement market declined 0.2 percent in 2012 owing to bad weather and an unfavorable economic context, and this year seems no better as yet. Any growth by yearend will be small, and could only come from infrastructure investments ...
Tags: Cement, Construction
Oman s biggest cement producer Raysut Cement has reported a 33% increase in first-quarter profit before tax to OR9.13m from OR6.84m in the same period last year, Muscat Daily has reported. "The increase in profit is attributable to higher ...
Tags: Oman, cement producer
Nigerian cement producer Dangote Cement has formally expressed interest to build a US$550m cement plant in Nepal. Investment Board Nepal (IBN) has received an application from Dangote, according to a press release from the IBN. IBN CEO ...
Tags: Construction, Decoration, cement
Oman Cement Co. has reported a 34.9% increase in net profits to $17.9m (OMR 6.9m) for the first quarter of 2013. Improved sales volumes saw the cement producer s net profit increase from $13.2m (OMR 5.1m) during the same period in 2012. ...
Tags: Oman Cement, Cement
Najran Cement has agreed a deal to buy a 30% stake in Projects Supply Company - a transport and logistics specialist. The cement producer has said that the deal will allow it to better serve its own customer base as well as allowing it to ...
China Shanshui Cement Group Ltd has announced its audited results for 2012 ending 31 December. The company, which is the largest cement producer in Shandong and Liaoning Provinces, achieved a revenue of RMB16,161 million, a profit of ...
Tags: Cement, Construction, Decoration
Kenya s East African Portland Cement plans to expand after returning to profit during the six months ended December, boosted by cost cutting and improved cement sales. Portland, Kenya s No. 3 cement producer, said on Monday it was ...
Tags: Kenya s East African Portland Cement, cement sales, company news
Raysut Cement, the largest producer in Oman, has cccfor the year ended December 31, 2012, according to the company s initial results posted on the Muscat Securities Market. Net profit rose to from $38.8m (OMR 14.95m) in 2011 to $63.7m ...
Tags: Raysut Cement, net profit, cement
(Nigeria) -- Nigeria’s Minister of Trade and Investment, Olusegun Aganga, has disclosed that a new policy will soon be effected as part of the country’s cement sector’s Backward Integration Policy (BIP). According to ...
Tags: Nigeria, Cement, Backward Integration Policy, Construction