News

Cemento Yura, a subsidiary of Grupo Gloria, has sold its 19.71% stake in Chile’s cement producer Cementos Bio Bio (CBB) to Belgium’s Carmeuse Holding for more than US$100 million.

During the Intra-African Trade Fair hosted by Algeria, major contracts were signed between Algerian and Libyan institutions.

JK Cement Ltd. marked a strategic expansion in its growth journey with the ground-breaking ceremony of its upcoming greenfield cement plant in Jaisalmer, Rajasthan.

Cahya Mata Sarawak Bhd, through its subsidiary Cahya Mata Cement Sdn Bhd, has awarded a RM673 million contract to construct a new clinker production line at its Mambong Integrated Plant in Kuching.

The Government of Rwanda, through the Rwanda Development Board and Rwanda Mines, Petroleum and Gas Board, has signed a 15-year industrial quarry license agreement with cement company CIMERWA Plc.

Taiwan Cement Corp. announced Thursday it secured a NT$17.27 billion (US$591.71 million) green loan through its Dutch subsidiary, aimed at supporting its carbon-cutting and renewable energy projects.

GCPL (GoldCrest Cement Private Limited) is in the process of setting up a mega integrated cement manufacturing plant in India.

