Union Cement first quarter net profit jumps, UAE
Union Cement Co posted a AED18.2m (US$5m) profit for the first quarter of 2014, a 220 per cent increase compared with AED18.2m a year earlier. Revenues for the first quarter d...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Buzzi Unicem 1Q14 cement sales rise by 15%
Buzzi Unicem has announced that in the first quarter 2014, cement and ready-mix concrete demand increased in all geographical areas of group operations compared to the same per...
Polish cement production grows 40.3% YoY in April
Polish cement production jumped by 40.3 per cent YoY to 1.45Mt in April, while sales increased 23.5 per cent YoY for the month of April to 1.46Mt, said Poland's Cement Producer...
1Q14 turnover declines for Italcementi, while EBITDA recovers
Italcementi's first quarter turnover declined by 3.3 per cent to EUR932.9m while the running EBITDA staged a 10.2 per cent recovery to EUR95.5m. The trading loss was reduced by...
Semen Indonesia to acquire stake in Myanmar producer
Indonesia's largest cement manufacturing company, Semen Indonesia, is all set to enter Myanmar's cement market after it agreed to purchase a minority stake at a local cement fi...
Pakistan: utilisation rates reach 5-year high
Cement despatches in Pakistan reached an all time high of 3.21Mt during April 2014 raising the industry hopes of a long awaited turnaround. The sector has achieved capacity uti...
India: cement firms need solutions to gypsum shortage
According to a research report jointly published on 30 April by lobby group Confederation of Indian Industry and consulting firm AT Kerney, India has a scarcity of gypsum resou...
Tanzania: Banco Products to sell stake in Lake Cement
Baroda-based Banco Products India Ltd, along with its subsidiaries, has decided to sell its Tanzania-based cement unit Lake Cement Ltd for US$17.68m, according to a stock mark...
Indian expansion for FLSmidth MAAG Gear
The first assemble and service unit of FLSmidth MAAG Gear in India was inaugurated on 28 April at the Bawal Growth Centre manufacturing unit, Rewari district, Haryana at the De...
Indonesia: electricity price rise alarms cement producers
Surging electricity costs resulting from subsidy withdrawal by the Indonesian government have been cited as the reason for Holcim Indonesia to bring forward plans to increase c...
Andres Evertz becomes new Schenck Process CEO
Andres Evertz became Schenck Process CEO on 5 May 2014. He will lead the company in close coordination with the two other Managing Directors, Mike Petkovich and Wolfgang Kleins...
Brazil: Schade provides raw material handling solution for Ciplan
Schade has carried out an order for the Brazilian cement producer Ciplan Cimento Planalto S/A at its 1.6Mta Sobradinho plant which is due to start up later this year. Schade su...
UK: Hanson Cement initiates solar power plant
Lark Energy, working in partnership with Armstrong Energy, has successfully completed and connected a 9MW solar power farm at Hanson Cement’s Ketton works in Rutland. The solar...
Taiwan Cement acquisition deal rejected
Shares of Taiwan Cement Corp (TCC) moved lower on Wednesday after Chia Hsin Cement Corp rejected a deal in which TCC would have acquired all of TCC International Holdings Ltd's...
A trio of producers eye Lafarge Pakistan Cement
A three-way struggle looms for Lafarge Pakistan (LPCL) as Kohat Cement is the latest party to announce its interest in the assets of the only major cement producer in Pakistan....
HeidelbergCement shows strong recovery in Europe
HeidelbergCement's first quarter turnover improved by 5.7 per cent to EUR2749.8m and the EBITDA improved by 15.7 per cent to EUR228.8m and the trading profit jumped from EUR9.3...
CRH can spend big on acquisitions
CRH Chief executive Albert Manifold was questioned by the Irish Examiner about growth opportunities for the Irish building materials company following the company's AGM in Dún ...
Nigeria: Dangote to stabilise cement price
Speaking to shareholders at the 5th 2013 Annual General Meeting Aliko Dangote, Chairman of Dangote Cement Plc, pledged that his company would intensify direct-to-consumer deliv...
HeidelbergCement 1Q14 sales rise by 10%
“HeidelbergCement showed strong operational development in the first quarter of 2014, continuing the positive trend of the previous year,” said Dr Bernd Scheifele, Chairman of ...
US cement shipments rise in February
Total shipments of Portland and blended cement in the United States and Puerto Rico in February 2014 were 4.7Mt, up slightly from the level in February 2013 reports the US Geol...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
