Oman Cement reports 3.7% increase in 1Q15 profits
Despite higher gas tariffs, Oman Cement beat analysts’ expectations to achieve a 3.7% increase in net profit.
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Despite higher gas tariffs, Oman Cement beat analysts’ expectations to achieve a 3.7% increase in net profit.
The new cement plant in Ghana was officially inaugurated by President John Mahama.
The new 1.5 million tpy plant in Douala, Cameroon, has reportedly commenced operations.
CNBM Engineering will complete a turnkey 10 000 tpd clinker line project in Saudi Arabia.
The Lafarge Cement Egypt Ain Sokhna plant is to use the new equipment to increase petcoke capacity and improve productivity.
A ceremony has been held to mark the official opening of the 1.5 million tpy cement plant in Pout.
Siwertell, part of Cargotec, has received an order from the cement division of Rashed Al-Rashed & Sons Group in Saudi Arabia.
The European Bank for Reconstruction and Development is inviting expressions of interest for a new assignment aiming to cut the CO2 emissions of the Egyptian cement industry.
South Africa’s PPC Ltd has announced that it will not be moving ahead with the AfriSam merger proposal after the two parties were unable to agree on terms.
Dangote Cement reports a 1.4% increase in revenue for the year ended 31 December 2014.
A round-up of this week’s international cement news, from new contracts to corporate social responsibility initiatives.
Egypt’s Suez Cement, part of the Italcementi Group, will donate LE30 million to the Long Live Egypt Fund over a period of three years as part of its CSR programme.