News
Rwandan President Paul Kagame inaugurated a Chinese-invested cement company in Muhanga industrial park, Muhanga district of the Southern Province, commending China for being a long-term partner of Rwanda.
Region: Africa
26.07.2023 11:53China: in 1H 2023 cement production reached 953.0 Mt
National Bureau of Statistics of China has published the report of national economy development in June, among which the production of cement has reached 185.03 Mt with a year-on-year decrease of 1.5 %, while the output during January and June has reached 953.0 Mt with a year-on-year growth of 1.3 %.
Region: China
20.07.2023 14:14Vietnam: exports of cement and clinker fall
The Ministry of Construction said that production and consumption of some key construction materials in the first half of the year declined sharply.
Region: Vietnam
03.07.2023 12:51Huaxin Cement to buy additional stake in Oman Cement
Huaxin Cement, one of China's leading cement manufacturers, has made a significant move to expand its global presence with the acquisition of a majority stake in Oman Cement. The company announced on Monday that it will purchase an additional stake of 5.08% in Oman Cement via the Muscat Stock Exchange.
30.06.2023 11:48Intercement announces agreement to sell its Africa Business
InterCement Participações S.A. announced that it has reached an agreement with Huaxin Cement Co. Ltd., regarding the sale of the Company's
businesses in Mozambique and South Africa (collectively, the “Africa Business”).
Region: Africa
30.06.2023 11:24Vietnamese cement industry suffers financial losses during Q1
Decreased demand and increased costs have put Vietnamese cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts.
Region: Vietnam
27.06.2023 10:00Derba Cement moves to resume ardent plant expansion
Derba Cement embarks on an ambitious plant expansion that will double its daily production to 150,000qtl upon completion. If realised, the company will be the largest cement producer in Ethiopia.
Region: Africa