Al Jouf Cement Initiates Liquidation of EICO Subsidiary Al Jouf Cement has begun the liquidation process of its subsidiary, Eastern Industrial Co. (EICO), reflecting a strategic shift and potential financial recovery.
Pakistan: Attock Cement Enhances Production Capacity by 1.28 Million Tons Attock Cement Pakistan Limited has completed a significant expansion, enhancing its production capacity to bolster its market competitiveness.
China: significant efficiency and environmental gains at a plant in Baise China's cement industry embraces smart technology, leading to significant efficiency and environmental gains at a plant in Baise.
Ambuja Cements Acquires 1.5 MTPA Grinding Unit in Tuticorin for INR 413.75 Crore Ambuja Cements, part of LafargeHolcim, has announced the acquisition of a 1.5 MTPA grinding unit in Tuticorin, Tamil Nadu, India, at a cost of INR 413.75 crore. The acquisition aims to strengthen the company's footprint in the southern region of the country.
Billionaire Gautam Adani's Family Increases Stake in Ambuja Cement with $799 Million Investment Gautam Adani's family has significantly increased their stake in Ambuja Cements by investing 66.61 billion rupees ($799 million), boosting their ownership to approximately 67% from 63.15%.
Shinhan Investment Highlights Hanil Cement for Its Ideal Business Structure and Dividend Appeal Shinhan Investment Corp has maintained a 'buy' recommendation for Hanil Cement, emphasizing the company's ideal business structure and the added benefit of its dividend appeal, with a target stock price of 17,300 KRW.
Lafarge Africa Unveils Nigeria’s First Waterproof Cement, Celebrates Excellence at Customer Awards Ceremony Lafarge Africa Plc has introduced Watershield Cement, Nigeria's first waterproof cement, marking a significant milestone in the building solutions sector. T