Quarry Products

The Tamil Nadu state government has introduced a subsidised cement scheme dubbed Amma Cement, which will be priced at US$3 (INR 190) per 50kg bag. The cement will be sold via Tamil Nadu Civil Supplies Corporation's (TNCSC) warehouses, which are located in TVS Toll Gate, Adhavathur, Irungalur, Thuraiyur and Musiri in Trichy district. The scheme was launched through TNCSC under the nodal agency, Tamil Nadu Cements (TANCEM), that supplies up to 50 bags of cement for a 9.29m² building site and up to 750 bags of

Ethiopia's Ministry of Industry has unveiled a draft Cement Industry Development Strategy prepared by Adama Science and Technology University. According to a statement, it will cost around US$29.74 million (ETB 600 million) to implement the strategy. It aims to help increase domestic cement consumption in the country by over three-fold from six million tonnes at present to 20 million tonnes over the next 10 years. The strategy also includes a plan to offset shortage in the local market, as well as providing

Malabar Cements (MCL) of India plans to import 1.32 million tonnes of limestone, sand, clinker, coal and other materials for production after the company received approval to establish a US$25.19 million (INR 1.6 billion) bulk handling cement unit in Kochi's Willingdon Island. MCL has finalised a tender to import 30,000tonnes of clinker from the Middle East by January 2015 for its clinker grinding plant at Alappuzha in Kerala. The company also plans to buy 1,300tonnes of fly ash per day from Udupi Power Co

Turkish cement firm Sancim Bilecik Cimento (Sancim) has been acquired by Askale Cimento. The acquisition follows the recently aborted acquisition of Sancim by another firm, Cimsa, for €185.14 million. The new owner of Sancim is a joint-venture of Sonmez Holding (43%), Aunde Teknik (38%), E.N.A. Tekstil (10%) and Umut Insaat (9%).

HeidelbergCement is to sell its brick and roof-tile business to private equity firm Lone Star Funds for €1.17 billion (US$1.4 billion), as it looks to cut debt and return its focus to products such as cement and aggregates.

The sale of Hanson Building Products includes North American assets outside of western Canada as well as operations in the UK, the Heidelberg, Germany-based cement maker said in a statement. The price includes a payment of as much as €84 million ($100 million) from Lone Star that’s de

Bruno Lafont will be CEO of the new company created by the multi-billion euro merger of Lafarge and Holcim.
The naming of Lafont and the rest of the new firm’s future executive committee comes after the merger, which will create the world’s largest cement firm with annual sales of €39 billion, was approved by the European Commission in December 2014.
Lafont will head up a project team of 10 experienced and seasoned managers who will lead the transition – with all the teams already engaged in the integrati

CEMEX says it has closed a series of transactions with Holcim, originally announced on August 28, 2013 and supplemented on October 30, 2014. The Mexican headquartered building materials’ giant acquired all of Holcim’s assets in the Czech Republic and divested its assets in the western part of Germany to Holcim. In Spain, CEMEX acquired Holcim’s Gador cement plant (cement capacity of 0.85 million tonnes) and its Yeles cement grinding station (cement capacity of 0.90 million tonnes). As part of these transact

A strike at Chakrey Ting Cement factory in Cambodia's Kampot province ended on 31 December 2014 after workers agreed to go back to work. Nearly half of the 200 workers at the Chinese-owned plant went on strike on 30 December 2014, demanding higher wages, health insurance, yearly bonuses and equal treatment for Chinese and Cambodian employees.
Workers' representative, Heng Chen, told national media that Chakrey Ting Cement promised to address allegations that preferential treatment was given to Chinese work

Pakistan’s cement producers have revised down their products’ prices in line with failing international oil prices, with Dewan Cement and Bestway Cement reducing the respective price of their cements from US$5.05 (PKR 510) to $4.84 (PKR 490) and from $4.96 (PKR 502) to $4.86 (PKR 492) per bag.
Similarly, the price of cements from Lucky Cement and Cherat Cement are down from PKR 520 to PKR 497 and from PKR 520 to PKR 497 per bag, respectively. Cements in the city of Lahore are now sold at PKR 490 per bag (