Three private companies are reported to have gained licences for new plants in Egypt after the latest round of bidding, according to local newspapers in Egypt.
Cement consumption in Peru fell 5.2% to 836,000t in December 2016, according to Asocem, the country’s cement association. Exports decreased 43.5% to 27,000t from 47,000t in December 2015.
Arabian Cement Company reported a decline in net profit in in the fourth quarter of 2016 by 84.36% year-on-year, and 75.31% quarter-on-quarter, according to a bourse filing.
FLSmidth has obtained an order from Maple Leaf Cement Factory Limited for engineering, procurement and supply of equipment for a complete cement production line with a capacity of 7,300 tonnes per day. The plant will be located in Iskanderabad in the Mianwali District, Pakistan.
Global mining and bulk material handling equipment supplier, TAKRAF, has acquired the assets of FMC Technologies’ Material Handling Systems (FMC MHS) business unit based in Lansdale, Pennsylvania, US.