FOREX shortage hits Zimbabwe’s cement companies
A shortage of foreign currency is hitting Zimbabwean cement producers’ ability to maintain and run their plants, resulting in production shortages.
A shortage of foreign currency is hitting Zimbabwean cement producers’ ability to maintain and run their plants, resulting in production shortages.
CEMEX has announced the international finalists for its 2018 Building Award
Lafarge Africa’s shareholders have approved the raising of NGN90 billion via a rights issues, as well the restructuring of existing short-term loans.
Global cement consumption is predicted to marginally decline following a reduction in Chinese demand
Subsidiary of HeidelbergCement, Helwan Cement, has agreed to sell its white cement plant in Egypt
Vortex Global Ltd, a solids and bulk handling components company, has appointed ALRIAD International Agencies & Trading as its new representative agent for Egypt.
The company acted as the main cement supplier to the project, which is expected to provide irrigation water for 690 000 hectares of agricultural land as well as water and renewable energy to a number of cities.
Nigerian cement company, BUA Group, is to build a new cement plant in Ebonyi, Nigeria, as it continues its expansion in the West African country.
BI has supplied KÖBO chains to South African cement producers.
Lafarge Africa will install a new Loesche coal mill at its Ewekoro cement plant in Nigeria to facilitate its switch from gas to local lignite and petcoke.
LafargeHolcim group company in East Africa, Bamburi Cement, was hit by challenging market conditions in Kenya and Uganda in 1H18.
Vortex Global Ltd has appointed Renene CPE Service as its agent for the UAE, Oman, and Qatar.
The Israeli Commissioner for Trade Levies has recommended the imposition of anti-dumping duties on cement imports from Turkey and Greece.
A recent white paper prepared by GlobalData predicts construction output in the ASEAN region will increase by 6% annually between 2018 and 2022.
Titan will increase its involvement in its 50-50 joint venture with the Cem Sak Group in Turkey.