Citadel Capital closes subscription period for rights issue
The investment company, which owns ASEC Cement, has increased total paid-in capital to EGP8 billion.
Stay up to date with the latest news and updates from the cement industry.
The investment company, which owns ASEC Cement, has increased total paid-in capital to EGP8 billion.
Expansion plans in Pakistan’s cement industry threaten smaller players.
According to local news sources, Bolivia’s Itacamba Cemento S.A. plans to construct a new 800 000 tpd cement plant in Yacuses, which would supply the market in the east of Bolivia.
Nevyanskiy Cementnik, a subsidiary of Eurocement based in Russia’s Sverdlosk region, reported a 14% y/y increase in cement production in March 2014.
Anglo American plc has announced the completion of its sale of Tarmac Building Products to Lafarge Tarmac, its 50:50 UK joint venture with Lafarge.
Argos has announced the acquisition of Ciments Guyanais in French Guiana. The purchase is in line with the Colombian cement manufacturer’s expansion plans, allowing it to increase its presence in the Caribbean.
Talk has turned to which companies might pick up the assets the two companies would need to divest in order to get the merger past regulators.
Malvern Instruments introduces new software for the Mastersizer 3000, which advances the capabilities of the laser diffraction user interface.
Qassim Cement Company posted a net profit of SAR159 million for 1Q14, while Umm Al Qura Cement is planning to raise SAR275 million through a flotation on the Saudi Arabian stock market.
The latest cement statistics from Morocco and the Canary Islands, and an update on construction activity in Portugal.
KHD has won a contract for a new 3500 tpd clinker line and completes performance tests on KCS Kahramanmaras Cimento’s Maras Kiln Line II.
HGH Infrared Systems will officially launch its new pyrometric camera model at the event in National Harbor, MD.