International

06 May 2016

Pressure put on HeidelbergCement to close West Bank quarry

Germany's HeidelbergCement is looking for a new site in the Israeli-occupied West Bank following long-standing criticism from investors about its operations in parts of the territory that are fully under Israel's control. HeidelbergCement excavates sand and gravel in the West Bank's ...

05 May 2016

Cemex develops fire-resistant and explosion-proof concrete

Cemex Mexico announced today that its developed a fire- and explosion-resistant concrete designed specifically at first to safeguard data processing centre, Proyecto Q, of the Santander Group, in Querataro, Mexico. ...

03 May 2016

India: mining law changed to assist cement mergers

The upper house of India’s parliament on Monday approved an amendment to the mining law, allowing the transfer of mines from sellers to buyers in a victory for the State Bank of India (SBI) that had lobbied for the c...

03 May 2016

Pakistan: Cement exports rise to 0.53Mt in March

The All Pakistan Cement Manufacturers Association (APCMA) has welcomed the news that cement exports rose to 0.53Mt in March 2016, up 20.6 per cent YoY. Exports have risen for two months in a row, bringing to an en...

29 April 2016

Vietnam sees output rise 16% in Jan-Apr 2016

Vietnam cement producers have produced 24.4Mt of cement in Jan-Apr 2016, up 15.8 per cent YoY, according to estimates from the government-run General Statistics Office. In April 2016 output is expected to have rise...

28 April 2016

Siam Cement has plans to fully enter Vietnamese market

Industrial conglomerate Siam Cement Group is looking at operating its first cement plant in Vietnam as the next step in the company's expansion abroad, claims Nikkei Asian Review. President and CEO, Roongrote Rangsi...

28 April 2016

Caribbean Cement 1Q16 revenue up but exports down 53%

Caribbean Cement Limited (CCL) reported that, on the back of an increase in domestic sales, 1Q16 total revenue increased by 11 per cent or US$398m to US$3.98bn over the previous year, when they reached US$3.58bn. ...

28 April 2016

Sri Lanka: Kankasanthurai Cement Factory to reopen

The Kankasanthurai Cement Factory (KCF) in Sri Lanka is to be reopened following its closure some years back due to unrest in the north of the country. Previously, UAE-based Ras Al Khaimah Cement Co expressed intere...

28 April 2016

India: government approval for new UltraTech plants at Nawalgarh and Jaitaran

The Jaipur government cleared the construction of a new 3.3Mta cement unit at Nawalgarh (Jhunjhnu) by UltraTech Cement Ltd. "Investment of worth INR3000 crore [INR30bn/US$451m] will be made and around 1000 people ...

29 April 2016

Fitch lowers Indonesia cement consumption expectations

Indonesian cement producers are on track to achieve the lower-end of the Indonesian Cement Association's (ASI) 4-5 per cent annual growth target, with Fitch Ratings expecting a boost in demand during 2H16 due to new ...

28 April 2016

New projects push Indonesia towards overcapacity

Indonesia's dynamic market has attracted both foreign and local cement companies to invest in new cement plants, intensifying competition for existing producers and tipping the industry towards oversupply. Four new...

29 April 2016

US cement shipments up 26% YoY in February

Preliminary data from the US Geological Survey shows that Portland and blended cement shipments in February 2016 amounted to 6.0Mt, including 630,000t of imports. These figures are both up on February 2015, with over...

26 April 2016

Russia: Ninth PetroCem conference gets underway

The ninth PetroCem Conference and Exhibition opened its doors on Monday when Russia's cement industry and more than 500 international delegates met for discussions in St Petersburg for the first of a two-day meeting....

29 April 2016

Cementos Molins plans US$189mn investment in Argentina

Cementos Molins SA, Spain, the main stakeholder in Argentina's Cementos Avellaneda, said on Monday it plans to invest US$189mn to expand production at the company's local facilities. The company currently operates a...

26 April 2016

Pakistan: Exports fall 24% in first nine months of 2015/16

Pakistan’s cement exports fell during 9MFY2016 on a YoY basis dropping by 24.4 per cent in volume terms and 28.9 per cent in US dollar values. Figures released by the Pakistan Bureau of Statistics (PBS) show that ...

28 April 2016

Morgan Stanley: cement consumption to grow 4% YoY to 2020

New research from Morgan Stanley predicts that worldwide cement demand excluding China has turned a corner and will grow at an annualised rate of four per cent between 2016 and 2020. The investment firm is particu...