South Cement Co to issue 270-day bills
South Cement Co has announced that it will issue CNY750m (US$120.7m) unsecured super short-term bills with a maturity of 270 days on the interbank market on 6 January. The c...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Arabian Cement Co recommends SAR3.25 cash dividend
The management board of Arabian Cement Co (ACC) has recommended to shareholders a cash dividend of SAR3.25 (US$0.866) per share for the first half of 2014. The dividend transl...
JSW sets its sights on southern expansion
JSW Cement has set its sights on expanding production capacity with several grinding projects under study in the south of India. The company is plans to set up plants in Che...
Cuba: Nuevitas fulfils 2014 production plan
The 26 July cement works in Nuevitas, Cuba, completed its 2014 production plan with over 129,000t. In 2015 it is expected that the plant will deliver product for key construc...
First quarter launch for Al Jouf Line 2
Al Jouf Cement is to launch commercial production from its second kiln line in the first quarter of 2015, the Saudi-based cement producer said in a bourse statement. The new 5...
Nine Lafarge North America conservation projects certified by Wildlife Habitat Council
Nine conservation projects at Lafarge North America sites across the US were certified or recertified this year by the Wildlife Habitat Council (WHC). Six of these projects fal...
Insumos Bolivia's cement import expectations
State-owned Insumos Bolivia expects to import 600,000 bags of cement in 2015. Its director Oscar Sandy said the company would import, as in 2014, IP30 and IP40 cement from Peru...
Tamil Nadu launches subsidised cement to market
The government of Tamil Nadu government has rolled out the 'Amma Cement' brand, which will be sold at subsidised rate on the local market. According to the scheme, launched b...
Kenya: Savannah Cement to build second grinding plant
Savannah Cement has announced plans to invest more than US$198.3m for the construction of its second milling plant near Kitengela town in Kajiado County. The high efficiency m...
Pakistan: cement exports and dispatches rise
Cement exports from Pakistan increased 1.9 per cent during first five months (July-November) of the current fiscal year, compared to the corresponding period of last year. Exp...
Titan America plants receive Wildlife Habitat Council certification
The Wildlife Habitat Council (WHC) has recertified Titan America’s cement plants at Roanoke in Troutville, VA and Pennsuco in Medley, FL. Both plants received "Wildlife at Work...
India: NHAI supported highways to use cement
Union Transport Minister Nitin Gadkari said all new highway projects supported by National Highway Authority of India (NHAI) will use cement concrete. Gadkari said that the cu...
The Philippines: CeMAP assures earthquake-resistant local cement
After a 2.7-magnitude earthquake struck The Philippines last October, Philvolcs (Philippine Institute of Volcanology and Seismology) has been closely watching Metro Manila’s Va...
China: BBMG acquires 60% stake in Hebei line
BBMG announced that the company held 60 per cent equity of Xingtai Yong Ning Cement through transference at a consideration of CNY245m (US$39.46m). Xingtai Yong Ning Cement own...
The Philippines: cement ship sinks with 9 missing off Batangas
Search operations are ongoing for at least nine crew of a cement ship that sank off Batangas province Thursday evening. The Philippine Coast Guard said the vessel was loaded ...
Conch Group unveils restructuring plan, China
State-owned Conch Group of China has unveiled a plan to streamline shareholdings within the company. The Anhui provincial government intends to convert its indirect controll...
Further disposals on the cards for Jaiprakash?
Jaiprakash Associates Ltd may divest of two further cement units, channel checks by Mumbai broker Prabhudas Lilladher indicate. The two units reported to go on the block are ...
Lafarge Malaysia contract win and new mill purchase positive
Lafarge Malaysia’s recently-awarded MYR254m (US$72.6m) concrete supply contract and its purchase of a cement mill from Lafarge Ciment (Romania) are being viewed as positive for...
Vietnam government prepares to divest Sai Son stake
State Capital Investment Corporation (SCIC), the Vietnamese government’s investment arm, is shortly due to sell its 3.2 million share holding in Sai Son Cement JSC (SCJ). The...
Nigeria: Benue prices increase as Gboko stops production
Operations at Dangote Cement's Gboko plant have been temporarily grounded leading to an increase in cement prices in the Nigerian state of Benue, according to local press. T...
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