Elementia plans IPO, Mexico
Mexico's Elementia is exploring the possibility of soon launching an initial public offering (IPO) to expand its cement business and fuel further acquisitions, the company's ch...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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JSW seeks to expand southern Indian presence
JSW Cement, a subsidiary of the JSW Group, is mulling the construction of a 4.3Mta cement plant in the Gulbarga district of Karnataka, reports Business Line (India). The proj...
Ethiopian producer looks to secure electricity supplies
Ethiopia-based producer East Cement SC is seeking to increase its electricity supply as shortages have led it to operate at half of its production capacity. The company, whi...
Senior appointments at Star Ferro and Cement Ltd
Star Ferro and Cement Ltd has appointed Sanjay Kumar Gupta as chief executive officer, effective 20 September 2014. Dilip Kumar Agarwal has been appointed chief financial offic...
Mexico: Lafarge sells its minority stake in Elementia
Lafarge announces the sale of its 47 per cent minority stake in its cement operations in Mexico to Elementia for a cash consideration of US$225m (EUR175m). The joint venture ...
Saudi Arabia: weak demand keeps Hofuf kilns closed
Saudi Cement Co said it would not restart the two refurbished kilns at its Hofuf plants as the company currently has a high inventory level and market demand remains weak. “...
Saudi Arabia: Southern Cement's third line is 70% completed
Southern Province Cement Co has completed 70 per cent of the third line of its Tihama plant, according to the Tadawul website. Project delays have been caused by the difficu...
Guatemala: protests over new plant
The construction of Guatemala’s newest cement plant for Cementos Progreso has led to disturbances and protests that has resulted in several fatalities and casualties, according...
India: new Karnataka plant for JSW Cement
JSW Cement Ltd is considering setting up a 4.3Mta cement plant in Gulbarga, Karnataka. The company's ownership of land in the limestone-rich region is quoted as one of the key ...
Strike threat at Holcim Bulacan cement plant eased
Potential disruption at Holcim Philippines’ Bulacan plant has eased following fruitful conciliation talks facilitated by a team of conciliators from the National Conciliation a...
Venezuela: IMIDRO starts tests at its Caracas plant
Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) has started test production at its Iran-built plant in Venezuela, a project that saw the start ...
Chettinad Cement Corp moves on expansion
India’s Chettinad Cement Corp has received all the required permits for its greenfield project in Andhra Pradesh and expansion in Karnataka. In Andhra Pradesh, the company i...
CRH to compete for Lafarge and Holcim assets
Irish building materials manufacturer CRH plc is considering making an offer to purchase the assets that might stand in the way of the merger of Lafarge and Holcim, industry so...
Suez Cement plant to switch to coal
Italcementi Group is looking to find a long-term solution to the fuel shortage problems it faces in Egypt with its subsidiary Suez Cement. Suez Cement needs to find a reliable ...
New FLSmidth Service Centre in Zacatecas, Mexico
FLSmidth recently opened its newest service centre in Zacatecas, Mexico. The official opening was attended by Zacatecas state governor, Miguel Alonso Reyes; Patricia Salinas, s...
Wärtsilä wins first bulk carrier order for its new engine
A new cement carrier being built at the Scheepswerf Ferus Smit yard in the Netherlands will feature a six-cylinder Wärtsilä 34DF main engine, making it the first bulk carrier t...
GCC appoints new American division CEO
The Board of Directors of Grupo Cementos de Chihuahua (GCC) announced that Enrique Escalante will become the chief executive officer effective 1 January 2015. Current CEO, Man...
Fiji: Holcim JV sells stake in Pacific Cement Ltd
South Pacific Cement, a joint venture between Holcim New Zealand and Fletcher Building Ltd, has sold its 47 per cent stake in Pacific Cement Ltd (PCL) to the Vinod Patel Group....
Seychelles: Lafarge to open 4000t cement silo
Lafarge is developing a 4000t cement silo in the Seychelles in partnership with Sri Lankan engineering company Dynamic Technologies. The structure will be built in Sri Lanka an...
Spain’s cement market contracts 3% in August
Spain’s cement consumption fell by a further three per cent in August 2014 to 819,249t. In the first eight months of 2014 domestic demand registered a two per cent YoY fall to ...
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