Lafarge Malaysia mulls export opportunities
Lafarge Malaysia is exploring the possibility of exporting cement to other markets in Southeast Asia and around the Indian Ocean, its chief executive has said. Speaking to ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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New Kyrgyz Republic plant planned
A new cement plant is to be constructed in the Aravan district of Osh province, Kyrgyz Republic. The main investor in the 500tpd facility is a Chinese company, according to l...
PT Holcim Indonesia seeks US$175m loan
PT Holcim Indonesia is seeking US$175m syndicated loan this year to pay debt and finance working capital, according to finance director Kent Carson. The company's debt maturing...
JK Lakshmi ends FY13-14 on a strong note
JK Lakshmi cement reported a 59 per cent increase in net profit for the final quarter of FY13-14 and anticipates a brighter outlook for the domestic market through the year. ...
Ecuador monthly sales see marginal YoY gains
Ecuador cement sales during January-April 2014 period reached 2.047, just 0.8 per cent ahead on the 2.030Mt sold in the comparative period of last year, latest data from domest...
Lafarge Republic & Global Power team up for special cement variant
Lafarge Republic, Inc (LRI) and Global Business Power Corporation (GBPC) have launched an initiative aimed to lower the costs of rehabilitation projects, such as the rebuilding...
Higher sales boost Lafarge Malaysia 1Q14
Lafarge Malaysia’s revenue for the 1Q14 was 4.9 per cent higher YoY to MYR676.6m (210.7m), mainly due to higher cement and aggregate sales volumes. Revenue growth was partiall...
PPC to construct Harare mill, Zimbabwe
PPC said it would spend US$80m on a cement mill in Harare, Zimbabwe, to be commissioned in 2016. The new mill, to be funded by a corporate loan, is expected to boost operati...
Cementos Cosmos lodges alternative fuels appeal
Cementos Cosmos has lodged an appeal with Andalusia’s Committee of Environment and Spatial Planning as the cement producer was denied an amendment to its Integrated Environment...
Moroccan cement sales fall 3.1% in April
Cement sales in Morocco took a further dip in April, declining by 3.1 per cent YoY, according to the Ministry of Economy and Finance. For 2014, the cement industry expects a...
Tunisian prices to rise following government subsidy cut
The price of cement in Tunisia is to rise following the announcement by Kamel Bennaceur, Minister of Energy and Mines, that the government will remove the subsidy on cement. P...
Trinidad Cement shelves bond offering
Trinidad Cement dual-currency offering of speculative-grade notes has been postponed to await more favorable market conditions, according to a company statement. The deal was ...
Reliance acquires control of West Bengal grinding unit
Reliance Cement has taken indirect control of a small grinding unit in West Bengal for an undisclosed price. The 0.5Mta facility is located at Durgapur, 180km from Kolkata. ...
Arabian Cement Co first-quarter update
Arabian Cement Company (ACC) posted a EGP116.4m (US$16.3m) net profit for the first quarter of 2014. ACC was the first major listing on Cairo's bourse since the 2011 political...
GCC’s Pueblo plant starts TDF usage
GCC’s Pueblo plant in Colorado has begun utilising tyre-derived fuel (TDF) in its manufacturing process. The plant team is targeting an eventual fuel replacement of 50 per ce...
Currency movements depress Cimpor profits
Cimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, howev...
Cemex announces senior level changes
Cemex has announced the following changes to its senior level organisation, effective immediately, following the sudden death of former CEO Lorenzo Zambrano early last week. C...
AdBri forecasts flat demand and net profit
Australia-based producer, Adelaide Brighton, said it expects profit to be flat for this year and cement and clinker demand also to be similar to 2013. Chief executive, Martin...
S&P affirms Buzzi rating, raises outlook
Buzzi Unicem informs that today Standard & Poor’s affirmed the long-term corporate rating (BB+) and the short-term rating (B) on Buzzi Unicem, revising the outlook to stable fr...
Pacific Cement enhances exports, Fiji
Pacific Cement, formerly Fiji Industries, has reported an increase in exports to the island nation of Vanuatu in the South Pacific Ocean, as part of the cement producer’s strat...
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