Control of the Karbala Cement Plant in Iraq has officially been handed over to MerchantBridge under a 15-year lease agreement with the Government of Iraq, concluding five years of preparations.
Pretoria Portland Cement Company (PPC), South Africa, has reported that sales in South Africa and Botswana are still declining.
Nigeria's cement industry is witnessing a stand off between local producers and importers with the introduction of a 35% levy on bulk cement importation quotas.
HeidelbergCement has signed an agreement with George Forrest in order to expand its cement production capacity in the Democratic Republic of the Congo (DRC).
The cement industry in the GCC countries suffered over 1H 2010 as a result of many major projects in the real estate industry cancelled due to the global recession.
KHD has won contracts in Turkey and Syria, both scheduled for delivery next year.
China National Building Material Co Ltd (CNBM) has begun work on a US$250 million cement project in Iraq.
The Cement Manufacturers Association of Nigeria (CMAN) has welcomed the Federal Government’s decision to re-introduce its policy to support domestic cement producers, called the Cement Backward Integration policy.
Rwanda’s largest cement producer is set to purchase new equipment for the expansion of its facilities.
Dangote Group, the largest cement producer in Nigeria, is due to invest a further R779 million in Sephaku Cement.
During the past Iranian year (up to 20 March), Iran exported over US$ 637 million of cement, much of it being imported by Iraq.
The management of the Ghana-based company, Ghacem has indicated that it is ready to work with the Korean construction company STX Construction
The Cement Manufacturers Association of Nigeria (CMAN) is predicting that the price of cement is likely fall before the end of 2010.
Ohrongo Cement is making plans to invest in a satellite plant at the port of Walvis Bay in Namibia.
A new cement plant opens in Ethiopia and another is planned for Tanzania.