2022-09-27 Saudi Arabia's Qassim Cement to acquire Hail Cement
Sep. 26, 2022 - Saudi Arabia's Qassim Cement has concluded a non-binding memorandum of understanding (MoU) with Hail Cement for acquisition of the latter’s issued shares. After any acquisition takes place, Qassim Cement plans to issue US$377m-worth of share capital in favour of Hail Cement’s ...
2022-09-23 East African Portland Cement restarts repaired kiln at Athi River plant
Sep. 23, 2022 - East African Portland Cement Company has resumed production at its 0.6Mt/yr Athi River cement plant. The producer successfully replaced the shell of the plant’s kiln. Managing director Oliver Kirubai said that the upgrade will enable the plant to increase its cement producti...
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