Indonesia, Taiwan and Malaysia top Vietnam's eight month export table
Indonesia, Taiwan and Malaysia were the largest importers of Vietnamese clinker and cement in the first eight months of this year, latest data from Vietnam’s Ministry of Indust...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Berenberg upgrades Italcementi
Analysts at Berenberg bank have upgraded its recommendation on Italian cement major Italcement's stock to 'buy' from 'sell' with a target price of EUR6.30. Berenberg said the ...
JSW to make switch to Portland Slag Cement, India
JSW Cement Ltd will be completely switching over to the production of Portland Slag Cement (PSC), its CEO, Anil Kumar Pillai, has revealed. Speaking to local reporters, Pillai...
Sagar gets Board nod for BMM acquisition
The board of Sagar Cements has given approval in-principle for the acquisition of a 100 per cent equity stake in BMM Cements Ltd as the company seeks to expand its presence in ...
SON begins implementation of cement standardisation
The Standards Organisation of Nigeria (SON) has begun the implementation of its new cement standardisation and reclassification scheme. During a zonal stakeholders’ forum on...
Spanish watchdog initiates preliminary inspection
The Spanish competition watchdog Comisión Nacional de los Mercados y de la Competencia (CNMC) has carried out inspections at the headquarters of companies that produce cement, ...
Semen Indonesia seeks loan for Papua plant construction
Semen Indonesia is seeking IDR600-IDR840bn(US$50-70m) in bank loans to help finance construction of a new cement plant in Jayapura, Papua, according to reports by the Jakarta G...
Maple Leaf wins 'Best Corporate Report' award
Maple Leaf Cement Factory Limited was declared the overall winner at the 13th Best Corporate and Sustainability Report (BCSR) Awards hosted by The Institute of Chartered Accoun...
PCA: ASTM International releases new product category rules for several cements
ASTM International has released the final product category rules (PCR) for Portland, blended hydraulic, masonry, mortar and plastic stucco cements. The PCA notes that the deve...
Leocem makes donation to help fight against Ebola in Sierra Leone
Cement producer Leocem has donated EUR50,000 (US$64,500) to UNICEF as part of their contribution in the fight against the Ebola outbreak in Sierra Leone. Arne Johansen, managin...
South Valley Cement 1H net profit reaches EGP64.9m
Egyptian cement producer South Valley Cement Co said yesterday its first-half net profit increased to EGP64.9m (US$9.07m). In the comparative period of the previous year, the ...
Cameroon to suspend cement imports
Cameroon has decided to suspend imports of cement, local press report quoting a presidential directive to the Prime Minister to that effect. The 21 August directive made publ...
Sabanci Holding eyes LafargeHolcim assets
Turkish conglomerate Sabanci Holding plans to bid for some of the assets Lafarge and Holcim must sell to receive approval from competition watchdogs ahead of its planned merger...
Sinoma signs EP contract with Itacamba Cemento
Sinoma International has signed a formal EP contract with Itacamba Cemento, a subsidiary of Votorantim, for a 2000tpd line in Bolivia. The contract scope is from raw materia...
Elementia: Fortaleza brand to register 20% growth in 2014-15
Despite a slow market, Mexico’s Cementos Fortaleza expects to close 2014 and 2015 with growth. Antonio Taracena, director general at Elementia, owner of the Fortaleza brand, at...
India Cements to demerge Super Kings division
India Cements said Tuesday it would demerge the Chennai Super Kings (CSK) division into a wholly-owned subsidiary. "Our company presently owns Chennai Super Kings (CSK) - BCCI...
Eagle Materials appoints Beckwitt to Board of Directors
Eagle Materials announced that it has appointed Richard Beckwitt to its Board of Directors. Mr Beckwitt is President of Lennar Corporation, where he has worked fo...
PPC chief executive quits, South Africa
Ketso Gordhan, the chief executive officer of PPC Ltd (PPC), resigned from his post at South Africa’s largest cement maker because of differences with the board. Mr Gordhan, ...
Indonesian firms expect better second-half
Two of Indonesia's top three cement producers are expecting a better financial performance in the second half of this year, on the back of growing demand despite a projected sl...
PCA: new capacity projections unchanged
Previously announced plans of more than 6Mta of new capacity during 2016-18 remain unchanged, according to the Portland Cement Association’s (PCA’s) latest capacity report. Th...
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