Cementtech 2015 underway in Beijing, China
The China International Cement Conference opened yesterday at the Hotel Nikko New Century Hotel in the Chinese capital Beijing, with sustainable development and over capacity r...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Fauji Cement first-quarter profit up 32%
Pakistan-based cement producer Fauji Cement Company Ltd (FCCL) has announced a net profit of PKR981.951m (US$9.65m) for the quarter ended 31 March 2015, a rise of 32 per cent f...
Dominican Republic: output rises in 1Q15
Cement production in the Dominican Republic increased 6-7 per cent in the first quarter of 2015 after a full-year 2014 rise of 13.4 per cent, according to the country’s cement ...
Conch's 1Q15 earnings fall 31%
Anhui Conch reported 1Q15 net profit of CNY1.7bn (US$274m), down 31 per cent YoY. Sales declined 11 per cent YoY driven by almost a 20 per cent decline in average selling price...
Libya Holdings Group to buy out Asamer interest in LCC
Benghazi-based Libya Holdings Group is to acquire Austrian majority owner Asamer in the Libyan Cement Company (LCC), according to reports in the Libyan Herald. Asamer bought i...
Lafarge and Solidia commercialise a new low-carbon solution for the construction sector
Lafarge has reached a new milestone in its partnership with US start-up Solidia Technologies® with the signing of an agreement to commercialise a technology allowing a signific...
Double-digit growth in Kenyan demand and output
Kenya’s National Bureau of Statistics Data shows cement production stood at 5.88Mt in 2014, up 16.27 per cent from the 5.05Mt recorded a year earlier. Cement consumption in 201...
Egypt prices stable on surplus supply
Producers in Egypt have decided to keep cement prices stable for the fifth-consecutive month, Minister of Supply, Khaled Hanafy, announced on Sunday. The price stability is du...
Bolivia: Itacamba Cemento to keep receiving Brazilian imports
Bolivian cement firm Itacamba Cemento will continue to import cement from Brazil until the 2H16 when it expects to start up its new plant in Yacuses. The Bolivian producer it i...
Asia Cement issues profit warning, China
Asia Cement (China) said it expects to record a substantially lower – over 95 per cent – net profit for the first quarter of 2015 compared with the same period of last year. ...
Peru: Unacem sees slight rise in 1Q15 sales
Unacem saw its domestic cement sales increase by 0.3 per cent in the first three months of 2015, compared to the same period in 2014. The company recorded cement sales of PEN44...
Shree completes acquisition of Jaiprakash grinding unit, India
Shree Cement has completed the acquisition of a cement grinding unit of Jaiprakash Associates in Haryana state, India. “The acquisition of a 1.5Mta cement grinding unit of Jai...
China Resources Cement 1Q15 attributable profit drops 14% YoY
China Resources Cement said its profit attributable to owners for the three months ended 31 March 2015 dropped 14 per cent YoY to HK$660m (US$85m). Basic earnings per share wer...
Holcim automates logistics services with Schenck Process‘ LOGiQ software
Holcim has optimised its automated dispatch processes and weighing technology in its eastern Europe plants. Since the beginning of the year, the LOGiQ logistics software by Sch...
Holcim and Lafarge receive EC approval for CRH as buyer of divestment assets
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of several assets of Holcim and Lafarge by Irish building materials manufacturer CRH...
UltraTech full-year net profit down 6% YoY
India’s largest cement manufacturer UltraTech Cement reported a six per cent drop in its net profit for the year ended 31 March 2015 to INR20.15bn versus INR21.44bn in the prev...
New Caribbean Cement GM appointed
Cemex executive Alejandro Vares has been appointed general manager of Caribbean Cement Company Ltd (CCCL), replacing incumbent head Anthony Haynes, effective 4 May 2015. ...
CRH Group Finance Director to assume Global Group Transformation role effective January 2016
CRH plc announces that Maeve Carton, Group Finance Director, will lead a new strategic group function within CRH, commencing on 1 January 2016. As Group Transformation Direct...
Ecuador first-quarter sales at 1.4Mt
Ecuador cement sales in the first three months of 2015 reached 1.427Mt, latest data from local association Instituto Ecuatoriano del Cemento y del Hormigon shows. In March al...
Lafarge Canada Inc (Eastern Canada) renews partnership with Earth Rangers
The Eastern Canada division of Lafarge Canada Inc is partnering with Earth Rangers to bring its School Outreach Program to communities across eastern Canada again this year to ...
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