Cembureau calls for predictable EU-ETS legal framework
In a response to a public consultation on the revision of the EU Emissions Trading System (EU ETS) Directive, European cement association Cembureau advocates an improved EU-ETS...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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National Cement plans expansion into Uganda
National Cement, which currently operates a grinding plant in Kenya, plans to invest KES18.5bn (US$199m) in a new factory in Uganda, according to local news reports. The new ...
Semen Padang posts 1Q sales decline, Indonesia
PT Semen Padang, part of the Semen Indonesia group of companies, reported a 6.8 per cent decrease in sales volumes in the first quarter of this year to 1.5Mt. "The poor sales ...
Bamburi upbeat on outlook
Kenya-based Bamburi Cement’s operating growth increased by 5.8 per cent last year to KES5.5bn (US$60m) and is upbeat on the outlook for both local and export sales. “We are v...
Indonesia first-quarter sales down 3.2%
Indonesian cement consumption fell by 3.2 per cent YoY in the January-March period, latest figures from the Indonesia Cement Association (ASI) show. Over the first three month...
Brazil: CSN considering merger with cement unit
Brazilian steelmaker CSN is considering a merger with its subsidiary CSN Cimentos, Business News Americas reported. CSN, in a regulatory filing, said it would present the prop...
Ciments du Maroc 9.3% fall in profit
Ciments du Maroc closed 2014 with a 5.1 per cent fall in its turnover from MAD3.6bn (US$35m) to MAD3.4bn. The cement producer’s operating results experienced a 9.3 per cent dro...
Nomura expects Indian demand recovery in FY16
Nomura expects Indian cement companies to see demand recover in the current fiscal year, after a weak ending to fiscal 2015 in March. The broker expects Indian cement compani...
Mumbai Port Trust allots land for cement handling terminal
The Mumbai Port Trust has allocated allotted 25,000m2 of land at Petroleum Godown to UltraTech Cement for 30 years, to build a fully-automated cement handling terminal. The te...
Citi Research raises target price for China Resources
Citi Research raised its target price for China Resources Cement (CRC) to HK$5 from HK$4.5, and upgraded the stock to "neutral" from "sell". The research house lowered CRC's ...
CNBM signs turnkey contract with Arabian Cement Co for 10,000tpd plant
CNBM International Engineering Co Ltd has signed a turnkey contract with Arabian Cement Co for a 10,000tpd clinker line in Jeddah, Saudi Arabia. It is the largest order signed ...
French cement demand hits 50-year low
Cement consumption in France fell a further 5.5 per cent to 18.2Mt in 2014, a level not seen since 1964, according to SFIC, the French cement association. In addition, the l...
Loesche wins new Venezuelan contract
AVIC International Beijing has commissioned Loesche with the delivery of two vertical roller grinding mills for the INVECEM cement plant in Monay, Venezuela. Core components of...
Pakistan cement exports to Afghanistan down 25%
Pakistan cement exports to its main international market of Afghanistan have fallen by a quarter in the first nine months of the current fiscal, industry officials said on Wedn...
Conch reportedly in discussions for Chelyabinsk plant, Russia
The government of the Chelyabinsk region (Urals) and China's Anhui Conch Cement Co (ACCC) are negotiating the construction of a cement plant, according to Russian news sources....
GCC expects declining growth on low oil prices
Grupo Cementos de Chihuahua (GCC) expects sales growth to decline this year after record revenue last year as low oil prices constrict demand in the United States, the company'...
Eric Olsen appointed as future CEO of LafargeHolcim
Lafarge and Holcim have approved the appointment of Eric Olsen as the future chief executive officer of LafargeHolcim, to be in office as from the closing of the merger project...
Fitch affirms SCCC long-term rating, Thailand
Fitch Ratings has affirmed Thailand-based Siam City Cement Public Company Limited's (SCCC) National Long-Term Rating at 'A(tha)', its National Short-Term Rating at 'F1(tha)', a...
Saudi cement sales see annual gains
Saudi cement sales for the month of February 2015 were 6.5 per cent higher than in February 2013 and 9.7 per cent higher than February 2014 when the market was impacted by a la...
Pakistan nine-month shipments up 4%
Pakistan cement dispatches increased by four per cent to 25.65Mt in the first nine months of the current fiscal compared to 24.78Mt in the same period of the previous year, acc...
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