Stronger markets in 2015?
What does 2015 have in store for the cement sector? After three relatively poor years in terms of global construction expansion, Morgan Stanley (UK) predicts a tentative re...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
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CRH announces 2014 acquisition spend of EUR0.19bn
CRH announced a total 2014 acquisition and investment spend of EUR0.19bn, reflecting the completion of 21 transactions. On the divestment front, the group undertook 16 transact...
Hope celebrates second anniversary with major investment
Hope Construction Materials is investing GBP14m (EUR17.9m) to boost production at its Hope Works cement plant in the Derbyshire Peak District, UK. The company, which yesterda...
Argentine cement market contracts 3.5 per cent in 2014
In December 2014, Argentina’s cement demand fell 10.4 per cent MoM and 2.5 per cent YoY to 892,313t, according to the latest data from AFCP, the Argentine cement association. ...
Fitch Ratings revises China Shanshui Cement Outlook
Fitch Ratings has revised China Shanshui Cement Group Ltd's Outlook to Negative from Stable. Meanwhile, Shanshui's Long-Term Issuer Default Rating (IDR) and senior unsecured ra...
Peru: Jidong to finalise acquisition talks
The Jidong Development Group of China may finalise discussions over the takeover of Peruvian cement firm Cementos Interoceanicos in the next few weeks, Esmerk Latin American Ne...
Semen Baturaja on course to meet 2016 production target, Indonesia
PT Semen Baturaja is on course to achieve its production target of 3.6Mt in 2016 to help meet increasing demand in South Sumatra and neighbouring regions. The state-owned Ind...
IEEE-IAS/PCA Cement Industry Technical Conference - registration open!
Registration is now open for the 57th annual IEEE-IAS/PCA Cement Industry Technical Conference, to be held at the Sheraton Centre Hotel in Toronto, Canada, over 26-30 April 20...
South Africa sees pick-up in 3Q cement sales
South African cement sales rose by 4.6 per cent to 3.39Mt in the third quarter of 2014 after contracting in the previous two quarters, industry data released by the country’s l...
Costa Rica: cement price rises up to 5% at end-2014
The price of cement rose by 4.3-5 per cent at the end of December 2014, depending on supplier, according to the national daily La Nacion. The first to adjust prices, by five p...
Semen Indonesia outlines 2015 capex plans
PT Semen Indonesia Tbk has prepared capital expenditures worth IDR7-9trn (US$550m-706m), to fund new plants, upgrades and possibly further international expansion. Of the tot...
Positive outlook for Polish sales
Cement sales in Poland are expected to have increased to around the 15Mt mark in 2014 from 14.3Mt in the previous year, with further medium-term growth anticipated. Despite th...
Paraguay: INC plans to raise capacity
Paraguay’s Industria Nacional de Cemento (INC) plans to increase its production capacity from 50,000 to 70,000 bags/day in 2015, according to Jorge Méndez, head of the company....
Puerto Rico: Cemex cement sales hit 55-year low
In 2014, Cemex cement sales in Puerto Rico fell 10.6 per cent YoY to 24,000t, according to Enrique García, president of Cemex Puerto Rico. The 55-year low has prompted the c...
Arabian Cement Co names chairman
Arabian Cement Co’s board of directors on Thursday approved the appointment of Abdullah Mohammed al-Eissa as board chairman, with a three year term effective 1 January 2015. I...
Belarusian government to acquire additional shares
The Belarusian government will acquire additional stakes in three cement companies in exchange for helping them to repay loans to China’s EximBank. The Council of Ministers h...
Holcim and Cemex close their series of transactions in Europe
Holcim and Cemex today announce the successful closure of their series of transactions in Europe. Holcim acquired Cemex’s operations in western Germany and The Netherlands whi...
US residential market expected to accelerate in 2015
The US housing market is expected to accelerate during this year, according to the latest commentary from Ed Sullivan, chief economist and group vice president of the PCA. Pre...
Dalmia Bharat Group recognised for CSR achievements
Dalmia Bharat Group has been awarded the CII-ITC Sustainability Award 2014 for 'Significant Achievement in Corporate Social Responsibility (CSR)’, beating 20 other companies to...
Pakistan: Attock Cement signs agreement for coal-fired plant
Attock Cement Ltd and K-Electric have agreed to establish a 40MW coal-fired plant, enough to power the cement producer’s Pakistan-based plant while surplus electricity will be...
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