News
Igor Shuvalov, chairman of VEB, commented on the results of the Russian-Chinese negotiations in Beijing.
Huaxin Cement is planning to consolidate all overseas production and operating assets into a new subsidiary, which it intends to list on an overseas stock exchange, according to a company announcement made on 31 August 2025.
Officials in western Libya have laid the foundation stone for a new cement plant in Nalut, with an estimated cost of $600m.
Construction of the third Ghori Cement factory in northern Baghlan province has begun, with a total cost of $86.7 million.
Holcim has completed the divestment of its Nigeria business, selling its entire 83.81% shareholding in Lafarge Africa PLC to Huaxin Cement at an equity value of USD 1 billion on a 100% basis before dividend adjustments.
The generation of fly ash from power plants in India increased in 5 years from 226.1 Mta in FY19-20 to 334 Mta in FY24-25.
Nigeria’s Dangote Cement has become the largest cement company in Sub-Saharan Africa, operating in 10 countries.