Tajikistan ratifies agreement on new plants
Tajikistan's lower chamber of parliament on Wednesday ratified an investment agreement signed between Tajikistan and Chinese cement producer Huaxin for the construction of two ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Kuwait Portland Cement posts 5.2% rise in annual profit
Kuwait Portland Cement said Tuesday its net profit stood at KWD8.26m (US$27.9m) for 2014, up 5.2 per cent from the KWD7.85m recorded in 2013. Earnings per share increased to ...
TPCC refutes plant closure reports, Tanzania
Tanzania Portland Cement Company (TPCC) has refuted reports of closing down its operations due to environmental concerns as "false and overly exaggerated". Alfonso Rodriguez...
Buzzi Unicem sees improvements in the USA and Czech Republic
Buzzi Unicem's turnover eased by 0.1 per cent last year to €2506m, but ignoring the exchange rate effect there would have been a 3.4 per cent improvement. Net debt at the end o...
Australia: Boral swings to profit
Boral Ltd today reported a 23 per cent increase in profit after tax (before significant items) to $112m in the six months to the end of December 2014. After significant items, ...
HeidelbergCement update on Managing Board structure
The Supervisory Board of HeidelbergCement AG has decided to amend the structure of the Managing Board with the position of a deputy chairman. Effective 1 February 2015, Dr Do...
Martin Marietta Materials boosted by Texas Industries
Martin Marietta Materials, including Texas Industries from mid-2014, saw turnover increase by 34.2 per cent in 2014 to US$2958m and the EBITDA of US$631.2m was 59.9 per cent hi...
Cemex may sell parts of business to pay down debt
Cemex could sell part of its business in northern Europe, the Mediterranean and Asia as it seeks to pay down debt, the company’s CEO told Reuters on Tuesday. Fernando Gonzalez...
ACC resumes Chaibasa mining operations, India
ACC has resumed limestone mining operations at the captive mines of its Chaibasa cement plant in Jharkhand in eastern India, the company informed the exchanges. The Holcim gro...
HeidelbergCement volumes boosted by North America, UK and new capacities
Preliminary full-year results from HeidelbergCement show improvements in sales volumes, revenue and operating income despite negative exchange rate effects, leading the company...
Cementos Argos in expansion mode
Cementos Argos will be expanding its business in 2015 with investments of over US$400m, according to Jorge Mario Velásquez, president of Argos. He added that 2015 will be cr...
Argentina: January domestic sales up 2% YoY
The Argentine cement market expanded by four per cent MoM and 1.9 per cent YoY as domestic sales reached 927,510t in January 2015, according to the latest figures released by ...
Ciment Catalá: Catalan cement demand up 5% in 2015
The Catalan cement association, Ciment Català, forecast Catalan cement consumption to rise by five per cent, the first increase after seven years of continuous falls. Cimen...
Polish monthly sales rise
Polish cement sales rose by 15.4 per cent YoY in January 2015 to 638,500t, according to the country’s cement association, Stowarzyszenie Producentów Cementu (SPC). Productio...
Mangalam Cement gets grinding go-ahead
Mangalam Cement’s board of directors have approved the construction of a new grinding plant in the northern Indian state of Uttar Pradesh. The company informed the Bombay Stoc...
10th Cemtech MEA opens in Dubai
Cemtech Middle East & Africa 2015 opened at the Grand Hyatt Dubai, UAE, today with over 270 participants for a two-day conference covering the worldwide cement industry and man...
Italcementi saw weaker French and Italian volumes in 2014
Italcementi's turnover declined by 1.8 per cent in 2014 to EUR4155.6m, or by 0.7 per cent on a comparable basis. Group cement shipments edged ahead by 0.6 per cent to 43.4Mt an...
Holcim (Switzerland) to extend Gabenchopf quarry
Holcim plans to expand the Gabenchopf quarry in Villigen, Switzerland, to the west to yield around 12Mt of rock. The step is designed to maintain operations for the next 10 yea...
Raysut full-year profit dips, Oman
Raysut Cement reported full-year net profit of OMR27.42m (US$71.22m), 0.4 per cent lower than the OMR27.52m posted in the previous year. Revenue rose 1.1 per cent to OMR94,29...
Lafarge opens new building materials distribution centre, Algeria
Lafarge opened a new building materials distribution centre at M’Sila on 3 February 2015. "This new distribution centre is part of Lafarge Algeria’s business strategy to get...
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