Spain’s cement demand holds at just below 11Mt in 2014
Cement consumption in Spain reached 10.79Mt in 2014, largely stable when compared to the 10.74Mt recorded in 2013, latest figures released by domestic cement association Oficem...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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PCA: positive gains in US residential housing expected
Residential housing starts will be on the increase in 2015 according to the Portland Cement Association (PCA) with positive gains expected to continue next year. In his annual...
Lafarge to buy back Baring stake in Indian unit
Lafarge India is reportedly buying back the 14.03 per cent stake it sold to global private equity investor Baring Private Equity Asia in 2013. Through its wholly-owned subsidi...
BaselCement's full-year output rises 37% YoY
BaselCement produced 2Mt of cement and clinker in 2014, an increase of 37 per cent YoY, the Russia-based company said in a statement. Volumes at the Serebryansky Cement plant...
Sanghi Industries invests in energy, port development
Sanghi Industries is to invest in a 15MW waste heat recovery (WHR) system at its cement plant in Kutch, Gujarat, as part of the company’s drive to enhance efficiency and reduce...
Holcim Indonesia launches new mortar product line
Holcim Indonesia has launched a new line of mortar products as it responds to changing construction requirements in urban markets. The three new products – Holcim Pasangan, Hol...
Indian interest in Congo plant investment
The Republic of Congo is expected to add a further cement plant to its production base, according to local news service, Star du Congo. The president of India-based Seftech,...
CCI decision on Lafarge and Holcim merger due ‘within a month’
The Competition Commission of India (CCI) will soon decide on the proposed merger between Lafarge and Holcim, the Economic Times (India) cited CCI chairman, Ashok Chawla, as sa...
Morocco’s cement demand falls 5.4% in 2014
The fall in Morocco’s cement consumption declined by 5.4 per cent, following a 6.3 per cent reduction in 2013, according to the Moroccan Economics and Finance Ministry (DEPF). ...
Egypt: Supreme Administrative Court suspends privatisation appeal
The Supreme Administrative Court has decided to halt proceedings looking into the appeal against the privatisation of Egypt-based Beni Suef Cement Company. The court has orde...
HeidelbergCement expects positive earnings impact on falling prices
HeidelbergCement AG expects the falling oil prices to have a positive effect on the company`s earnings in 2015, a company spokesperson told German weekly Euro am Sonntag. The ...
Iran halts clinker production for 30 days
Iran has halted the production of clinker for 30 days, effective 14 January 2015. Abdolreza Sheykhan, an official with Iran's Cement Producers Association, said that the countr...
Nine Cemex USA sites recognised by Wildlife Habitat Council
Nine Cemex USA sites received certifications through the Wildlife Habitat Council’s (WHC) Corporate Lands for Learning and Wildlife at Work Programs. Corporate Lands for Lear...
US Jan-Nov shipments - preliminary data
Portland and blended cement shipments in the US and Puerto Rico over the Jan-November 2014 period reached 82.39Mt, preliminary data from the US Geological Survey (USGS) shows. ...
Peru’s cement market stable in 2014
Peru’s cement market absorbed around 881,360t of cement in December 2014, according to the latest data from the country’s cement association, Asocem. Domestic producers reac...
Indonesia lowers SOE-produced cement prices
Indonesia’s President Joko Widodo has decided to lower the selling price of cement produced by State-Owned Enterprises (SOE) by IDR3000/bag. On Friday last week, the president...
Yamama Cement Co fourth-quarter earnings down 14.61% YoY
Yamama Cement Co recorded a 14.61 per cent decline in net earnings in the fourth quarter of 2014 to SAR152m (US$40.5m), compared to SAR178m in the comparative period of the pre...
India: JSW Group eyes capacity expansion
The JSW Group plans to expand its cement production capacity to 30Mta over the next decade from the current 5Mta as it seeks to become a bigger player on the Indian cement mark...
Fitch affirms Pacasmayo's ratings; outlook stable
Fitch Ratings has affirmed the following ratings for Cementos Pacasmayo SAA): • Foreign currency Issuer Default Rating (IDR) at 'BBB-'; • Local currency IDR at 'BBB-'; • Senior...
Iran output exceeds 50Mt in first nine months
Iran produced 51.645Mt of cement in the first nine months of the current Iranian calendar year (March 21 December 2014), the IRNA news agency reported on Sunday. Moreover, 56.8...
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