Dirk Hoke appointed CEO of Siemens Large Drives Business Unit
On July 1, 2014, Dirk Hoke took over as CEO of the Large Drives Business Unit of the Siemens Drive Technologies Division. The 45-year-old graduate engineer joined Siemens in...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Slow Mediterranean market offers forward opportunities
It has been a very slow couple of weeks with few orders circulated in the market and often a long list of interested vessels for each new order. Clinker shipments from the Me...
Shree commissions Bihar grinding plant, India
Shree Cement has commissioned a 2Mta grinding unit at Aurangabad in Bihar as part of its plan to gain a foothold in the east of the country. In a statement to the stock excha...
Vietnam first-half cement output rises 7%
Vietnam produced 29.5Mt of cement in the first half of this year, up seven per cent YoY, the government’s General Statistics Office (GSO) has said. The figure includes 5.4M...
US shipments rise 6% YoY
Shipments of Portland and blended cement in the US and Puerto Rico for the four months to the end of April 2014 reached 23.1Mt, up by about six per cent YoY, latest data from t...
HeidelbergCement looking to shed assets
HeidelbergCement is reportedly looking to sell off its US and British construction materials business this year in a bid to position itself for some assets that may be put on t...
Trinidad Cement Ltd increases prices
Trinidad Cement Ltd (TCL) has increased its prices as of 1 July 2014 to help counter increases in production costs. The company stated: “TCL Premium Plus, which accounts for...
Argentina: May cement deliveries increase 2.6 per cent MoM
In May 2014, Argentina’s cement producers delivered 929,202t of cement (including exports), up 2.6 per cent when compared with April, but down 8.5 per cent YoY. Domestic dema...
Lafarge Pakistan launches new Xtreme Bond product
Lafarge Pakistan has launched its Xtreme Bond product, a new tile adhesive designed and developed by the company. The adhesive, unveiled at a ceremony in the capital Islamabad...
Lafarge Canada seeks approval to burn waste plastic at Brookfield
Lafarge Canada plans to apply to Nova Scotia’s Environment Department for a trial permit to burn waste plastic as an alternative fuel at its Brookfield cement plant. ...
US: PCA maintains favourable outlook despite 1Q weakness
According to the PCA’s ‘2014 State Construction and Cement Forecasts - All States’, first-quarter weakness among some economic indicators appears temporary and the association ...
APCMA calls on government to eliminate duty on imported coal
The All Pakistan Cement Manufacturers Association (APCMA) is calling on the government to eliminate the one per cent duty on imported coal as it has done with other fuel types ...
Titan to issue EUR300m Eurobond
Titan Global Finance plc, a subsidiary of Titan Cement SA, on Monday announced plans to sell a five-year Eurobond issue worth EUR300m. Greece-based Titan said in a statement ...
OCC inks financing agreement for new mill project
The Oman Arab Bank (OAB) has signed new banking facilities to Oman Cement Company (OCC) for its new cement mill No 5 project, including a term loan in addition to letters of cr...
Eurocement signs Uzbekistan supply contract
Eurocement has signed a US$128m contract with China CAMC Engineering, a unit of Sinomach, for the supply of equipment, as well as design, installation, and training for a new c...
Bolivia's cement market expected to expand 6-10% in 2014
Cement producers in Bolivia expect domestic cement demand to grow by 6-10 per cent in 2014. Last year, consumption reached 3.3Mt and sources at Fancesa said cement demand is fo...
JK Cement starts commercial production from Jharli grinding unit, India
JK Cement has started commercial production from its split-grinding unit at Jharli in the northern Indian state of Haryana. The 1.5Mta plant will source its raw material from ...
Najran launches waste heat recovery operations
Saudi-based producer Najran Cement said launched operations of its waste heat recovery project yesterday. The company successfully completed the performance guarantee tests st...
GCR affirms ARM Cement's ratings, outlook Stable
Global Credit Ratings (GCR) has today affirmed the national scale ratings assigned to ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respectively. The outlo...
Holcim expansion project complete, Bangladesh
Holcim Bangladesh has completed expansion of its Meghnaghat grinding plant, achieving an additional capacity of 0.7Mta. The investment included installation of a 110tph clos...
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