Spain's cement demand up 9% in November
Spain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease was...
Weekly Newsletter
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Vicat closes acquisition of Ciplan
Vicat Group has announced the closure of its Ciplan acquisition and now holds a 64.7 per cent stake in the company. The deal was structured through a reserved capital increase o...
Chinese manufacturer to enter Sri Lankan market
A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and ...
MI Cement to set up new 8400tpd line
Bangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected ...
Puerto Rican cement sales surge 39% in 2018
Cement sales in Puerto Rico advanced by 38.9 per cent to 14.3m bags of 42.5kg, or 607,750t in 2018. The figure is the highest reported since 2014 and has been attributed mainly ...
Exports help Saudi cement sales rise 7% in December
Cement and clinker sales in Saudi Arabia rose 7.2 per cent YoY to 4.37Mt (including exports) in December 2018 compared to 4.08Mt in the previous year, reports Aljazira Capital. ...
Vicat Egypt to invest in Sinai Cement
Vicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement durin...
Cemex changes management structure
Cemex has announced a series of changes to its management structure which will come into force on 1 February 2019. Juan Romero Torres, current president of Cemex Mexico, has bee...
Peru's cement market expands 4% in 2018
Cement consumption in Peru increased 5.8 per cent YoY to 1.02Mt in December 2018, according to the latest data from Peru’s cement association, Asocem. Cement production remained...
Iran produces 41Mt of cement in last 9M of 2018
Iran produced 41Mt of cement during the nine months to 21 December 2018, of which 4.8Mt were exported, reports the Iran Cement Association. According to Iran Cement Association ...