Cement price rise 2.5% in Morocco
The price of a bag of cement in Morocco will rise between 2-2.5 per cent to MAD1400/t (US$170), mainly on the back of higher fuel prices. In addition, cement stocks have decr...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Ciments du Maroc to invest in grinding unit
Ciments du Maroc will be investing MAD170m (US$20.7m) in a new grinding unit in Jorf Lasfar, 110km southwest of Casablanca. The grinding centre will have a capacity of aroun...
Cemex to open export terminal in Italy to boost Spanish operations
Cemex intends to give its Spanish operations a boost through the construction of a cement export terminal in Italy. The facility will also serve as an export base from other Eu...
ICL cancels planned project, Australia
Independent Cement and Lime (ICL) has scrapped plans to build a cement storage and distribution plant in New South Wales, Australia, amid market and economic uncertainty. Las...
Semen Indonesia targets Bangladesh acquisition
Semen Indonesia is looking to acquire a cement plant in Bangladesh to strengthen its position in the Asian market. President director, Dwi Soetjipto, told local press that it ...
Positive outlook for Pakistan producers
The government of Pakistan said yesterday it expects the domestic cement industry to prosper during fiscal FY14-15, led by improvements in local pricing and demand. According...
ACC begins preliminary coal usage, Egypt
Egypt-based Arabian Cement has started testing coal at its cement plant as part of plans to secure alternative energy sources. In April, the government approved the use of co...
Fitch: ratings unchanged for Votorantim
According to Fitch Ratings, the recent decision by Brazil's antitrust agency, CADE, to stiffen the penalties against Brazilian cement companies allegedly engaged in price collu...
Dangote Cement to sell first cement in Cameroon in July
Dangote Cement will start selling cement produced in its factory in Cameroon from July onwards. It expects works on its new plant to be finalised within a month, according to t...
APCMA budget proposals
The All Pakistan Cement Manufacturers Association has proposed a number of incentives to facilitate the industry ahead of tomorrow’s 2014-15 Budget announcement. Among the b...
Holcim Singapore CEO awarded Green Innovator of the Year’ accolade
Dr Sujit Ghosh, CEO of Holcim Singapore, is among 12 individuals to receive a ‘Green Innovator of the Year’ award by the BCA-SGBC (Building & Construction Authority and Singapo...
Holcim opens water treatment plant in Mexico
Holcim has opened a water treatment plant in Mexico at its Ramos Arizpe complex operated by subsidiary Ecoltec. The plant, which will treat water contaminated by hydrocarbons, ...
Saudi Cement recommends dividend
Saudi Cement Co’s board of directors has recommended paying a dividend of SAR3.5 per share for first six months of 2014, the firm said in a bourse filing on Sunday. Sharehold...
Lafarge Algeria awards Sinoma Djamoura contract
Sinoma has been awarded its second cement plant project in Algeria as the Lafarge-Souakri joint venture signed the turnkey contract for its Djamoura works in Biskra. The new ...
Vietnam estimated output at 5.5Mt in May
Vietnam is estimated to have produced 5.5Mt of cement in May, up four per cent from April and 9.8 per cent from a year ago, according to data from the government’s General Stat...
India: Himachal Pradesh cabinet withdraws Jaiprakash MoU
The state cabinet of Himachal Pradesh (HP) has cancelled the Memorandum of Understanding for a 2Mta cement plant planned by Jaiprakash Associate Ltd's (JAL) for failure to laun...
China cement exports decline in 4M14
China's cement exports declined by 9.4 per cent YoY to 2.96Mt in the first four months of 2014, according to data released by the General Administration of Customs. However, th...
St Marys Cement Bowmanville plant wins gold energy excellence award
Community leaders and St Marys Cement Inc executives were on hand yesterday to celebrate St Marys Cement – Bowmanville plant receiving the Gold Award Certification in Energy Ex...
Iskitimcement forecasts flat 2014 sales
Iskitimcement, based in Novosibirsk region, Siberia, said sales are expected to remain flat this year at 1.7M, according to Russian media. The company plans to produce 1.703Mt...
Brazil’s CADE fines six cement companies US$1.4bn for price-fixing
Brazil’s antimonopoly authority CAD has fined six cement companies a total fine of BRL3.1bn (US$1.4bn) for fixing market prices. Votorantim Cimentos SA , Camargo Correa-owne...
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