Dangote Cement appoints new CEO
Dangote Cement Plc has appointed Onne van der Weijde as chief executive officer, effective 1 February 2015. Mr Van der Weijde, ex-Holcim India head, will take the helm from Da...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Ecuador: Peru’s Cementos Yura buys stake in Unión Cementera Nacional
Cementos Yura, part of Peru’s Grupo Gloria, has acquired a 63.5 per cent share in state-owned Unión Cementera Nacional of Ecuador, which will hold the balance of shares. The...
Semen Indonesia targets seven per cent sales growth
Semen Indonesia is targeting sales growth of around seven per cent this year, despite a cut in the price of the construction material for state-run enterprises initiated by the...
Spanish watchdog carries out preliminary inspection on price fixing allegations
Spanish competition regulator, CNMC, has carried out preliminary inspections over 20-21 January 2015 at the headquarters of various local concrete and cement producers on alleg...
Dongwu Cement placement of new shares
China-based Dongwu Cement said it agreed to place up to 40 million new shares at HK$1.3 apiece, representing a premium of about 3.17 per cent to the closing price of H$1.26. T...
Acting Semen Indonesia CEO named new head
PT Semen Indonesia Tbk on Friday appointed acting chief executive officer, Suparni, as its new head. His term will expire in 2019. Suparni, who goes by one name only, had bee...
CRH confirms discussions over Lafarge and Holcim assets
CRH has confirmed that it is in discussions with Lafarge and Holcim regarding the potential acquisition of certain assets being disposed of by the two companies in advance of t...
Fitch upgrades GCC’s ratings, outlook to stable
Fitch has raised the credit rating of Mexican cement firm Grupo Cementos de Chihuahua (GCC) to BB-, in both local and foreign currency, with a stable outlook. Fitch said in a ...
Bangladesh, Indonesia and Malaysia remain Vietnamese top importers
Bangladesh, Indonesia and Malaysia were the top importers of Vietnamese clinker and cement exports last year, the Vietnamese Ministry of Industry and Trade said on its website....
Siwertell’s third road-mobile unloader delivery to Turkish customer
Siwertell, part of Cargotec, delivered a road-mobile unloader to Muhammet Gümüstas AS in Istanbul, Turkey, following an order signed November 2013. This is Siwertell's third ro...
Russia: LSR completes cement divestment
LSR Group has completed sale of its cement plant located in Slantsy, Leningrad region, to Russian market leader, Eurocement. Following closure of the deal, Eurocement has now...
MPA and Bumblebee Conservation Trust re-affirm commitment to work together
The Mineral Products Association (MPA) and the Bumblebee Conservation Trust (BBCT) have re-affirmed their commitment to work together through renewing their Memorandum of Under...
US recovery on a roll
Continued, steady improvements are anticipated for US cement volumes and pricing through 2015. A widespread increase in construction activity is anticipated, but falling energy...
SCG positive on Thai demand outlook
Thai cement demand is expected to increase by six per cent in 2015 after remaining flat last year, and prices are expected to hold relatively steady despite new capacity on the...
Argos recognised for sustainability efforts
Argos has been awarded a Silver Class distinction in Robeco SAM’s 2015 Sustainability Yearbook for the second consecutive year. The company was included in the Yearbook once a...
India: production begins at JK Lakshmi's Durg plant
JK Lakshmi Cement has started production of its 2.7Mta cement works in Durg, Chattisgarh state, central India. The greenfield works, which will manufacture various types of c...
Saudi: Al Jouf Cement's 4Q14 profit surges
Al Jouf Cement Co posted a SAR20.7m (US$5.51m) net profit for the fourth quarter of 2014, with an increase by 160.49 per cent YoY from SAR7.9m and 141.26 per cent QoQ from SAR8...
RHI wins order at Lafarge Exshaw works
Austrian refractory materials maker RHI AG has been awarded a supply contract for around EUR10m from Lafarge for its plant in Exshaw, western Canada. Under the contract, RHI wi...
Qatari group expresses interest in Ethiopian plant construction
A Qatari business group led by Sheikh Fahad Ahmed M T Al Thani has expressed an interest in constructing a cement plant in Dire Dawa, Ethiopia, as part of a series of investm...
Vietnam targets increased exports in 2015
Vietnam is forecast to export 25-26Mt of cement and clinker in 2015, the Dau Tu (Investment) newspaper reported, citing the country’s Ministry of Construction. The main end-mar...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
