Zimbabwe: PPC Zimbabwe claims that the country could lose an estimated US$50m/yr in foreign currency if imports of cement continue to enter the market at the current rate. Albert Sigei, the managing ...
Oman: Raysut Cement says that production overcapacity in neighbouring countries has led to excess supply in the local market. This in turn has placed “pressure” on cement prices. The company added ...
Malaysia: Malayan Cement’s net profit rose by 45% year-on-year to US$31.4m for the first quarter of the 2025 financial year ...
Cyprus: Labour Minister Yiannis Panayiotou has appealed to both sides for a resolution to the ongoing cement workers' strike ...
US: Zanini Renk has received a repeat order from St. Marys Cement for four additional gearboxes at its Charlevoix, Michigan ...
Pakistan: Attock Cement expects that its cement despatches will decline by 10% year-on-year in the 2025 financial year.
Despite these issues there have been no significant changes in the price of cement due to the country’s use of commodity ...
Philippines: Cemex Holdings Philippines (CHP) sold its entire stake in Swiss-based Cemex Asia Research (CAR) to Cemex Innovation Holding for US$900,459 to streamline its business, according to ...
Kenya: A police operation in Athi River led to the arrest of five suspects and the impoundment of three trucks involved in a ...
Originally the proposed law required that cement manufacturers should seek government approval before setting prices. However ...
US: Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Giant Cement Holding, a ...
Chile: Cementos Bío Bío (CBB) concludes negotiations with Mississippi Lime Company (MLC), according to Diario Financiero. Earlier in November 2024, MLC presented a non-binding offer of US$1.89 per ...