Bruno Roux appointed President and CEO for Lafarge Eastern Canada
Bruno Roux has been appointed President and Chief Executive Officer for the Eastern Canada business unit of Lafarge Canada Inc. In his new role, Mr Roux will serve as Lafarge...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cemex to buy back over US$950m of debt
Cemex said on Wednesday it would buy back more than US$950m worth of its debt from bondholders through a tender offer, as part of a wider plan under a new chief executive to re...
Saudi August dispatches rise 29.8% YoY
Saudi cement dispatches for August 2014 climbed to 3.96Mt, an increase of 29.8 per cent YoY and 47.8 per cent MoM, AlJazira Capital has stated in a report citing the data issue...
Suez Cement diversifies fuel sources
Suez Cement, part of the Italcementi group, is working towards diversifying its fuel sources with coal to be used in one of its factories before year-end. The company will ...
Vietnam approves Vicem privatisation schedule
Vietnam’s Ministry of Construction has approved the privatisation schedule of Vietnam Cement Industry Corporation (Vicem), the country's largest cement producer, under which Vi...
DG Khan full-year profit up 8% YoY
Pakistan-based producer DG Khan reported an eight per cent YoY rise net profit to PKR5.96bn (US$58m) for the full fiscal year ending 30 June 2014. The increase in earnings wa...
Fujairah factory operations suspended for environmental violations
The UAE’s Ministry of Environment and Water (MoEW) has ordered the suspension of operations at a cement factory in Fujairah for one month due to violations of Cabinet Resolutio...
Tororo Cement joins Uganda’s Chamber of Mines and Petroleum
Tororo Cement has become the latest member to join Uganda’s Chamber of Mines and Petroleum (UCMP). Through joining the UCMP, whose members’ main objectives are to encourage a...
Morocco’s market demand falls 5% in August
The Moroccan cement market is not about to recover. The latest figures indicate a third-consecutive year of contraction, according to APC, the Moroccan cement producers' associ...
FCC to transfer rescue funds to Portland Valderrivas
Spanish builder Fomento de Construcciones & Contratas SA (FCC) is to help its cement unit Cementos Portland Valderrivas make a debt payment by transferring rescue funds, accord...
Semen Indonesia eyes Papua plant construction
PT Semen Indonesia is considering the possibility of constructing a cement plant in Papua to meet demand potential in the country’s eastern-most province and reduce distributio...
Peru August cement sales slip 0.75% YoY
In August domestic dispatches in the Peruvian cement market edged 0.75 per cent down to 908,553t when compared with the same month of 2013, according to Asocem, the country’s c...
Lafarge Africa completes consolidation process
Lafarge Africa Plc, formerly Lafarge Cement Wapco Nigeria Plc, has announced the completion of its acquisition of the Lafarge group’s shareholdings in Lafarge South Africa Hold...
PCA recognises outstanding safety records
On 25 August, the PCA recognised 10 cement plants with the Chairman’s Safety Performance Awards for outstanding safety records at its autumn meeting in Chicago, USA. PCA honou...
Lucky alters ownership structure of coal-based power project
Lucky Cement has announced a change in the planned structure of its 660MW coal-based power plant, according to a company notice issued to the Karachi Stock Exchange, The boa...
Lafarge to sell Russian plant to Buzzi Unicem
Buzzi Unicem, through its fully-owned subsidiary Dyckerhoff GmbH, has reached an agreement to acquire a 100 per cent interest in Lafarge's UralCement plant in Russia for an ent...
Cementos Argos to boost Colombian capacity with new 2.3Mta line
Cementos Argos is to expand its Sogamoso cement plant, located in the Boyacá department of Colombia, with a new 2.3Mta line, involving an investment of US$450m. The strategic...
Morocco: Lafarge turnover slips 2.1% in 1H14
Lafarge’s Moroccan subsidiary, Lafarge Ciments, saw turnover in 1H14 slip by 2.1 per cent to MAD2.56bn (US$298m) as prices and a favourable product mix only partially offset b...
Paraguay: cement price to fall 15%
Cement prices in Paraguay are forecast to fall 15 per cent and production raised by 18,0000 from its present 47,000 bags after several capital investments by Industria Nacional...
Hanson Building Products files for IPO
HeidelbergCement announced that its subsidiary, Hanson Building Products Ltd, has filed a registration statement with the US Securities and Exchange Commission for a potential ...
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