Quarry Products

Cementir Holding (Cementir), the Italian cement and construction materials producer and part of the Caltagirone group, has announced its intention of carrying out a five-year capital increase worth up to €300 million in order to support the group's growth strategy, especially in the Far East and North and South America.
In particular, the operation, which is expected to be structured as one or more tranches, may also feature a call option.

In response to companies' strategies to avoid the tax on cement, the Moroccan finance law for 2015 will alter the modalities of the tax so that it is imposed on cement production rather than on cement sales.
This comes after cement groups opted to absorb their concrete subsidiaries to avoid the tax, resulting in a loss in revenue for the treasury from the tax on cement used for concrete production.
Sales of cement to subsidiaries represent approximately 16% of total cement production, proportional to the

In an interview with French publication Le Figaro, Bruno Lafont and Wolfgang Reitzle, respectively the future managing director and president of the entity formed by the merger between French construction materials group Lafarge and Swiss cement group Holcim, have said that the project is on track to be completed during the first half of 2015.
Lafont added that the group is still awaiting approval from competition authorities in other countries, including India, the US and Canada.
In the Le Figaro intervi

FLSmidth has signed an agreement with a company in the Solix Group to sell all shares in Cembrit Holding, a leading distributor and manufacturer of fibre-cement products in Europe.
The buyer is a consortium of investors headed by Solix Group, whose strategy is to retain and further develop Cembrit as the leading distributor and manufacturer of fibre-cement products in Europe.
Cembrit has been part of the FLSmidth Group since 1927, and its sale concludes FLSmidth's divestment of building materials compan

In 2014, the accumulated national cement production lines in China hit 1,758, including part of the discontinued lines that have not been removed.

The designed clinker production capacity reached 1.77 billion tonnes, while accumulated capacity grew 4% as compared to 2013.

Semen Indonesia is looking to acquire two companies based in South-east Asia and intends to spend between IDR 1 trillion (€66.77 million/US$ 78.74 million) and IDR 2 trillion on the plan.

The cement producer expects to wrap up the acquisition deals within 2015.

The Aditya Birla Group in India has announced plans to expand its production facilities in the state of Gujarat, including cement, viscose staple fibre (VSF), metals and other segments, for INR 200 biullion (€2.71 billion/US$ 3.22 billion).

Chairman Kumar Mangalam Birla named the state as the group's preferred destination for investment due to its strong infrastructure.

Dangote Cement of Nigeria is planning to compete with cement producers in Kenya to own limestone mines in Kitui as the town has huge limestone deposits and is near Mui Basin with large coal reserves.

Dangote Cement is planning to build a 5,500tonnes/year plant costing KES 36 billion (€333.28 million/US$ 395.59 million) in Kitui, and politicians in Kitui plan to help the company get government approvals faster.

Meanwhile, ARM Cement intends to build a factory with annual capacity of 8,000tonnes in Kitu