Khutul expansion project inaugurated, Mongolia
Khutul Cement and Lime's newly-expanded cement plant has been officially inaugurated in the presence of Norovyn Altankhuyag, Prime Minister of Mongolia. Capacity of the cemen...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Plans for new Kenyan plant in the pipeline
Construction materials supplier Karsan Ramji & Sons plan to set up a new cement production facility in Kenya. The KES426m (US$4.9m) plant is expected to produce an average of 7...
Goltas Goller Bolgesi Cimento inks loan for investment finance
Turkish cement maker Goltas Goller Bolgesi Cimento Sanayi ve Ticaret said Friday it will sign a US$42m loan agreement with local lender Yapi Kredi to finance its investments. ...
Brazilian monthly cement sales rise 4.9% YoY
Brazilian cement sales in April 2014 climbed by 4.9 per cent YoY to 5.9Mt, preliminary data and market estimates gathered by Sindicato Nacional da Industria do Cimento (SNIC) r...
Apo energy deal gets government approval
The ancillary services procurement agreement (ASPA) between the National Grid Corp of the Philippines (NGCP) and Apo Cement Corp (ACC) has been approved by the Energy Regulator...
New national standard approved in Nigeria
Olusegun Aganga, Minister of Nigeria’s Federal Ministry of Industry, Trade and Investment, has given final approval for a new national cement standard, which will be mandatory ...
Cemex announces new chairman of the board and new CEO
Cemex announced today that its board of directors has unanimously appointed Rogelio Zambrano as chairman of the board of directors and Fernando A Gonzalez as CEO, effective imm...
Titan recovers in southern Europe and Florida
Titan's first quarter turnover improved seven per cent to EUR251.8m, under the new accounting rules that ignore the turnover of joint ventures, and the EBITDA staged a 30.9...
Construction begins on new Ecebol greenfield plant, Bolivia
Bolivia’s president, Evo Morales has kick-started construction of Empresa Pública Cementos de Bolivia's (Ecebol) new 1.3Mta cement works in Jeruyo, Caracollo in the country’s ...
US cement demand growth continues in 2014
Although recent economic indicators point to a tempering of the US economy, PCA is maintaining its forecast for steady growth in construction and cement consumption during the ...
Kenya: Lafarge under competition probe
Kenya’s antitrust authority may force Lafarge SA to sell some of its domestic interests if the cement maker is found to be flouting domestic competition rules, according to Blo...
Contract for new CMS grinding unit set to be signed
The contract for CMS Cement’s new MYR190m grinding plant project on Sarawak, Malaysia, is due to be signed early next month, according to group managing director, Richard Curti...
EAPCC issues profit warning
East African Portland Cement Co Ltd (EAPCC) expects profit for its full year through June to fall by more than 25 per cent, it said on Friday. The company blamed rising compet...
Eagle boosted by cement and plasterboard, USA
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the financial year to the end of March advanced by 36.7 per cent to US$1009.8m...
Cementarnica Usje Skopje quarterly net profit more than doubles
Macedonian producer Cementarnica Usje Skopje said on Wednesday its net profit more than doubled to MKD301.4m (US$6.7m) in the first quarter of 2014 from MKD140.6m a year ago. ...
Spanish consumption decreases 5.6%
Spanish cement association Oficemen has revealed that domestic cement demand fell by 5.6 per cent in April to 858,920t when compared with the same period last year. In the fi...
Vietnam cement sales climb 20% YoY
Cement sales by Vietnamese cement producers in the first four months of the year totalled 21Mt, up 20 per cent from a year ago and fulfilling 34 per cent of the 2014 target, ac...
Egypt: Arabian Cement Co IPO over-subscribed
Egypt's Arabian Cement Company's initial public share offer was 18.5 times oversubscribed, an official at advising bank CI Capital told Reuters on Tuesday. The offer raised US...
PT Loesche Indonesia service hub officially inaugurated
Loesche has officially opened its new service hub in Jakarta, Indonesia, with an introductory seminar and inauguration ceremony for invited customers and potential business par...
Italian price probe
Italy's antitrust authority has launched an investigation into eight Italian producers and vendors to determine if they have colluded to restrict competition in the Veneto regi...
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