Brazil's cement market expands 6% in 2021
Brazilian cement sales totalled 4.8Mt in 2021, representing a 1.6 per cent increase YoY, according to SNIC, the national cement association. As a result, the industry closes 202...
Weekly Newsletter
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HeidelbergCement schedules second tranche of share buyback programme for 1Q22
HeidelbergCement will continue its share buyback programme earlier than originally planned. The second tranche in the amount of EUR300-350m is scheduled to start in the 1Q22 and...
Heracles completes Halyps Building Material aggregate and concrete acquisitions
Heracles Group has announced the successful completion of the acquisition of Halyps Building Materials SAps aggregate and concrete businesses segments. In the aggregates busines...
US and Puerto Rican cement shipments slip in October
Shipments of Portland and blended cement, including imports, in the USA and Puerto Rico edged down slightly to 9.9Mt in October 2021 when compared with October 2020, according t...
Russian monopoly watchdog blocks Atakaycement acquisition
Russia’s Federal Antimonopoly Service (FAS) has blocked the acquisition of Atakaycement by AO Actual Investments and OAO Novoroscement. FAS concluded after a market analysis tha...
Aggregate Saudi Arabian Cement sales fall 7% in December
The aggregate sales of 17 Saudi cement producers decreased by seven per cent to 4.8Mt in December 2021, from 5.2Mt in the same month last year, according to recent data issued b...
Oman Cement Co opens tenders for kiln line No 4
Oman Cement Company (OCC) has floated a tender for the construction of its fourth cement production line in the sultanate of Oman and to upgrade its third kiln line. The fourth ...
Colombia's cement market expands 4% in November
Colombian cement demand increased four per cent YoY in November 2021 to 1.167Mt from 1.122Mt in November 2020, according to the country’s statistics office, DANE. When compared ...
United Cement Group privatises Qizilqum Cement
United Cement Group is privatising Qizilqumcement JSC, according to the investment company UzAssets, which operates under the State Assets Management Agency of Uzbekistan. UzAss...
Indonesian cement demand expands 5% in 11M21
Cement demand in Indonesia reached 5.94Mt in November 2021, representing a 2.1 per cent drop YoY. ASI Chairman Widodo Santoso said the decline occurred in almost all areas on th...