Summit Materials in line for cement IPO?
Summit Materials LLC, which is co-founded by Blackstone Group LP, is preparing an initial public offering (IPO) this year as concrete deals intensify, according to sources quot...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Texas cement shipments in August up 15.2%
August cement shipments in the US state of Texas advanced 15.2 per cent than in the same period of 2013, according to the Texas Comptroller of Public Accounts. Holcim saw it...
Taiwan Cement further hikes price in China
Taiwan Cement announced a further rise in cement prices in China’s Guandong province due to the increasing demand in the domestic market. The price hike follows an earlier inc...
India: infrastructure boost to reduce supply-demand gap
A significant increase in infrastructure investment under India’s new government is expected to raise cement demand and reduce the current oversupply in the country’s cement ma...
Nigeria: Benue State to sell remaining Dangote Cement plc stake
Nigeria’s Benue Investment and Property Co Ltd is expected to sell the remaining Dangote Cement plc shares held in trust for the state’s inhabitants on the Nigerian Stock Excha...
Ghana to expand Tema harbour terminal
Ghana’s government is expected to soon embark on a terminal expansion project at Tema harbour to enable the bulk intake of clinker for cement producers. The US$122m project ...
57th annual IEEE-IAS/PCA Cement Industry Technical Conference promises to be “BIG”
The 57th annual IEEE-IAS/PCA Cement Industry Technical Conference will be held at the Sheraton Hotel, Toronto, Canada between 26-30 April 2015. This year’s conference theme i...
Nigeria’s SON starts cement standards enforcement
Concerned by the high rate of building collapse across Nigeria in recent times, the Standards Organisation of Nigeria (SON) held a zonal stakeholders' forum on blocks and alli...
Holcim changes in senior management
Urs Bleisch, Corporate Functional Manager and member of Senior Management of Holcim Ltd, has been nominated member of the Holcim Executive Committee. He will keep his current r...
Cohrs elected chairman of CTLGroup Board of Directors
The CTLGroup Board of Directors elected Cary O. Cohrs as chairman during the organisation’s recent autumn board meeting in Chicago, Illinois, USA “Cary Cohrs brings a wealth...
UK: Votorantim interest in Tarmac
Votorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and Lafarge, in an effort to seal a GBP32bn mega-merger that would include ...
Argos constructs new innovation centre
Cementos Argos has started construction of a new Argos Innovation Centre, in Medellín, Colombia. The project is being developed alongside EAFIT University and will become a new...
UltraTech Cement given go-ahead for two new plants
UltraTech Cement Ltd’s (Aditya Birla Group) proposal to set up two greenfield cement plants with an installed capacity of 9.5Mta has been cleared by Andhra Pradesh government. ...
Vietnam Ministry requests review of cement projects
Twelve cities and provinces have been asked by the Vietnamese Ministry of Construction to review cement plants in the localities under the industry’s master plan until 2020 wit...
Saudi Arabia: Al Jouf Cement extends second clinker line trial
Al Jouf Cement has extended the experimental operation of its second clinker line until the end of the 4Q14 in an attempt to reach full production capacity. The new line will n...
Pakistan: Lucky plans 660MW power project
Directors of Lucky Cement have asked shareholders permission to set up of a 660MW coal-based power project in Karachi through the Lucky Holdings Limited (LHL) subsidiary, acco...
JSW Cement to solely make Portland Slag cement
JSW Cement Ltd intends to manufacture only Portland slag cement (PSC) in India. The company has a cement production capacity of 6Mta. JSW has fixed the price of PSC between INR...
Lafarge evacutes Syrian factory amid security concerns
Lafarge said Thursday it has evacuated its Syrian factory and halted all operations there indefinitely there amid security concerns. Lafarge operates a 3Mta factory in Ein Al-...
Pakistan sees strong increase in August export growth
Pakistan recorded an acceleration in exports during August 2014 against the previous month and were also higher on an annual comparative basis. Exports during August 2014 r...
Chinese companies ink Indonesian plant agreement
Two Chinese companies signed an agreement on Thursday to jointly invest in an Indonesian cement factory as part of investment cooperation measures agreed by the two countries i...
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