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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 invest...
News - 25 April 2016

Dangote: Nigeria’s currency woes will not alter expansion plans

Dangote Cement’s annual general meeting, held in Lagos, has seen Aliko Dangote set out his plans to grow the business despite worsening economic conditions, particularly in the company’s Nigerian ...
News - 22 April 2016

Taiwan's next phase

With demand far from its 1993 peak of 28Mt and export restrictions in place since 2011, the Taiwan cement industry has faced testing times in its recent history. As import protection ends in May 2...
Articles - 21 April 2016

Cemex's 1Q16 net sales increase 3%

Cemex has announced that its consolidated net sales reached US$3.2bn during the first quarter of 2016, an increase of three per cent on a like-for-like basis for the ongoing operations and adjusti...
News - 21 April 2016

South Africa: Cement sales up 7.7% in 2015

Consumption of cement in South Africa rose by 7.7 per cent YoY in 2015 following a drop in sales the previous year. According to figures released by PPC, volumes reached 13Mt in 2015 thanks to ...
News - 19 April 2016

Attock Cement posts positive 9MFY16 results

Attock Cement Pakistan Ltd (ACPL) has announced in its 9MFY16 results it earned a NET profit of PKR2.094bn during 9MFY16 (July-March) against PKR1.644bn during 9MFY15, up 27 per cent, YoY, on the ...
News - 15 April 2016

Cement exports on the rise

As global cement capacity continues to rise against a limited demand increase, there is a swell of cement producers chasing ever-smaller export markets across the globe. News this week that Saudi ...
News - 15 April 2016

PPC's acquisition of 3Q Mahuma Concrete approved

South Africa's Competition Tribunal yesterday approved,without condition, PPC's acquisition of 3Q Mahuma Concrete, the largest independently owned ready-mix concrete supplier in southern Africa. ...
News - 14 April 2016

A TEC Group under new management

Following the retirement of Hans Joachim Grieb, the ATEC Group comes under new management in April. Management tasks are being handed over to Wolfgang Hammer and Dr Stefan Kern. Wolfgang Hammer,...
News - 06 April 2016

Dangote: a paradigm shift

ICR took the opportunity to meet with Dangote Cement’s new CEO, Onne van der Weijde, during the recent Cemtech Middle East & Africa conference in Dubai. The former area manager for Holcim with res...
Articles - 06 April 2016