R&I upgrades Taiheiyo to BBB+
Rating and Investment Information Inc (R&I) has upgraded Taiheiyo Cement to to BBB+ from BBB. The outlook is ‘Stable’. The ratings agency notes that after seeing demand plumm...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cimento Apodi to expand presence in northeast Brazil
Brazil-based cement producer Cimento Apodi is to construct a new cement plant in Sergipe state to reinforce its position in the northeast of the country. The new unit will have...
Ceskomoravsky full-year profit hit by low domestic consumption levels
Ceskomoravsky Cement, the leading cement producer in the Czech Republic, posted a profit of CZK586m (EUR21.122m) last year, continuing a decline that began in 2009. The wholly...
Holcim's Siggenthal plant returns to service
Holcim's Siggenthal works in Switzerland has restarted its cement production with an activated carbon filter after the equipment was badly damaged in a fire in February. The fi...
AdBri 1H net profit falls, revenue edges ahead
Adelaide Brighton reported a 3.9 per cent rise in first-half revenue to AUD602m, as improved pricing and increased cement from the residential sector on the eastern seaboard of...
Dalmia plans merger of listed cement units
India-based Dalmia Group is considering merging its two listed cement units, OCL India and Dalmia Bharat, according to local press reports citing sources with knowledge in the ...
Lafarge Cement Wapco pretax profit and revenue rise
Lafarge Cement Wapco reported a double-digit rise in pretax profit and revenue for the first half of 2014 as demand remained strong despite the rainy season slowing building ac...
South Africa to probe dumping allegations
The International Trade Administration Commission (Itac) is investigating claims that cement from Pakistan is allegedly being dumped in the Southern African Customs Union (Sacu...
Cementarnica Usje 1H14 net profit up 28% YoY
Macedonian producer Cementarnica Usje AD Skopje said on Tuesday its consolidated net profit rose 28 per cent to MKD789.2m (EUR12.8m) in the first half of 2014. Operating reven...
Akkord completes second phase of Gazakh plant
Akkord has announced the successful completion of Phase 2 of its Gazakh Cement plant with the participation of the International Bank of Azerbaijan. Last week, Gazakh Cement ...
New species of snail discovered in Lafarge Malaysia limestone quarry
A new, presumed narrowly endemic species of snail has been discovered in a limestone quarry in Malaysia run by Lafarge. The new species of snail, discovered by Fendie Marzuki...
Shree Cement to acquire Jaiprakash grinding unit
Shree Cement has entered into an agreement to buy Jaiprakash Associates 1.5Mta cement grinding unit in the Panipat district of Haryana state in north India. The proposed sal...
Castolin Eutectic presents HeidelbergCement with Conservationist of the Year Award
Maintenance, repair, wear protection and joining specialist Castolin Eutectic has presented HeidelbergCement AG with its Conservationist of the Year Award 2014. Established ...
Fitch: Votorantim Cimentos ‘backbone’ of parent rating
Fitch has affirmed the ratings for Votorantim and its subsidiaries, highlighting that its cement division continues to be the “backbone of the parent company's rating”. The r...
KHD replaces existing bonding line facility with 'long-term solution'
KHD Humboldt Wedag International AG (KHD) has replaced its existing bonding line facility with a new "long-term solution", the German equipment specialists said in a statement ...
Mannersdorf sale draws interest
The Mannersdorf cement plant in Austria, which has been put up for sale by Lafarge ahead of its proposed merger with Holcim, has drawn interest from three notable parties, the ...
Bhutan: feasibility study completed for new plant
The feasibility study for a new cement plant in Bhutan has been completed, marking the first such proposal to receive the go-ahead in the Zhemgang district. The proposed ceme...
Lafarge Zambia reports first-half profit rise
Lafarge Zambia reported a 66 per cent rise in first half profit to ZMK181m (US$29,86), due in part to favourable volumes and cost control measures. Company chief executive of...
Cemex supplying Braskem Idesa-Etileno plant, Mexico
Cemex is supplying 250,000m3 of a variety of specialised, ready-mix concretes for the construction of the new Braskem Idesa-Etileno XXI Plant in Veracruz, Mexico. The plant, wh...
Vietnam: double-digit uptake in domestic sales
Vietnam producers sold 4.42Mt of cement to the domestic market in July, up 12 per cent from the previous month and 14 per cent from the same period a year ago, the Vietnam Ceme...
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