Spain: April cement demand contracts 3.3%
Cement consumption in Spain fell 3.3 per cent YoY in April, slipping to 946,329t, according to Oficemen.
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Philippines 1Q16 cement sales up 13%
Philippines cement sales increased by 12.8 per cent YoY in the first quarter of 2016, according to Ernesto Ordoñez, President of the Cement Manufacturers' Association of the Phi...
India: Positive outlook for growth, but challenges remain
Cement consumption in India doubled between 2005 and 2015, but still lags behind China’s at a comparable stage of development. In 2001, the World Bank calculations put China’s G...
Iraq ban challenges Iran cement industry
The Iraqi government has passed a bill banning the imports of Iranian cement to protect its domestic cement industry. Mohammad-Reza Lotfi, the deputy head of the Association of ...
Saudi Arabia: lifting of export ban to provide little cheer for cement producers?
The much-anticipated lifting of Saudi Arabia's ban on cement exports, first implemented in 2008 and extended in 2012, is expected to provide little relief for the country's ceme...
Tanzania: Tanga Cement seeks to cut costs as profits fall
Tanga Cement has said that it will concentrate on cutting costs in an effort to counteract falling revenues, the Citizen reports. The company, whose profit fell to TZS8.24bn (US...
Semen Indonesia to invest US$2.2bn over next five years
Semen Indonesia President Director, Rizkan Chandra, has announced that his company is to invest IDR30tn (US$2.2bn) over the next five years. The funding will be split between ex...
Bolivia: Yacuses expected to produce cement in December
Work on the 0.87Mta Yacuses cement plant, owned by Itacamba Cemento, in the Germán Busch province of Bolivia, 590km from Santa Cruz, has been completed by 70 per cent, according...
Quarterly results disappoint as LafargeHolcim struggles to consolidate
LafargeHolcim's results for the first quarter of 2016 have disappointed analysts as the company announced that EBITDA had fallen by 17 per cent on like-for-like terms compared t...
LafargeHolcim: cement volumes up 1.4% but revenues flat
In its results for 1Q16, LafargeHolcim announced that cement volume sales rose by 1.4 per cent YoY with the Asia-Pacific region accounting for most of the improvement. Like-for-...