Paraguay: INC to expand mill capacity
Paraguay’s Industria Nacional de Cemento (INC) plans to launch a bid to expand the production capacity of its mill and therefore, increase the plant’s capacity by more than 800...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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China Resources Cement sees strong growth in attributable profit
China Resources Cement (CRC) has said it expects profit attributable to shareholders for the quarter ending 31 March 2014 to be significantly higher compared to the correspondi...
Egypt: ACC to start IPO roadshow next week
Egypt's Arabian Cement Company (ACC) plans to start an international roadshow next week to float between 22.5-30 per cent of the company, its chief executive, Jose Maria Magrin...
Titan America CEO retires, new leadership announced
Titan Group announced that after 20 years at the helm of Titan America, Aris Papadopoulos will be retire from the position of CEO, effective 1 April 2014. He will become execut...
Fitch affirms Siam City Cement’s long-term rating, outlook ‘Stable’
Fitch Ratings has affirmed Thailand-based Siam City Cement Public Co Ltd's (SCCC) National Long-Term Rating at 'A(tha)', its National Short-Term Rating at 'F1(tha)', its Nation...
Saudi Cement: first-quarter net profit declines
Saudi Cement Co posted a 16 per cent decline in net profit for the first three months of this year due to lower domestic demand and losses from an associate company. The Saud...
Indonesia 1Q14 sales growth slows
Indonesian cement consumption slowed during the first quarter of this year despite a strong rebound in March sales, latest data by the Indonesia Cement Association (ASI) shows....
Attock signs Iraq joint venture grinding agreement
Pakistan producer Attock Cement on Friday signed an agreement with Al-Keetan Trading and Commercial Agencies Ltd for a new 3000tpd grinding plant in Basra, Iraq. Babar Bashir...
Spain: cautious outlook maintained
Cement demand in Spain registered its first monthly growth since the recession started as it reached 875,000t in March, up 16 per cent YoY, according to Oficemen data. Howeve...
Groundbreaking ceremony for Ravena revamp
Lafarge North America Inc hosted a groundbreaking event on Friday for the multi-million dollar modernisation project at its Ravena cement plant in New York. The modernisatio...
Fitch affirms Holcim long-term rating
Following the announcement by Holcim to merge with Lafarge SA, Fitch Ratings has affirmed the Swiss major's Long-term Issuer Default Ratings (IDR) at 'BBB'. The Outlook is Stab...
Carthage sees strong rise in 1Q turnover
Tunisia’s Carthage Cement saw its turnover increase 337 per cent YoY to TND41.945m (US$26.53m) in 1Q14. However, its aggregates business saw sales fall 34 per cent following a ...
Titan America's waste-to-fuel initiative, USA
Titan America has begun turning selected wastes into alternative fuel for use at its Pennsuco plant in Medley, Florida. The company works with a unit of Republic Services in F...
India: Reliance Cement extends its sales reach
Reliance Cement Company has expanded its footprint in the domestic Indian market by launching sales of its product in the eastern Indian state of Jharkhand. Commenting on t...
Cemex completes financing for wind farm project
Cemex has successfully completed the financing of Ventika, a project comprising the construction of two 126MW wind farms each, for a total nominal capacity of 252MW, to be loca...
Gebr Pfeiffer grinding mill partnering in Holcim (US) Hagerstown modernisation
The Holcim (US) Hagerstown plant is the most recent USA cement plant to order a new raw material mill from Gebr Pfeiffer, Inc. The order was placed through KHD Humboldt Weda...
Anglo American completes the sale of Tarmac Building Products to Lafarge Tarmac
Anglo American plc announced the completion of its sale of Tarmac Building Products Limited (TBP) to Lafarge Tarmac Holdings Ltd (Lafarge Tarmac), following receipt of regulato...
Puerto Rico: cement sales up 7% in March
March signalled a change in the Puerto Rican cement market as 1358.7 94lb bags were sold, up 85.5 bags from February, ending several months of decline. Sales were the highest s...
Germany: VDZ re-elects Hirth as president
The member companies of the German Cement Works Association (VDZ) in Berlin have elected a new board. After a regular, three-year term VDZ President Gerhard Hirth (Schwenk Zeme...
SCCC cautious on revenue growth and demand
Siam City Cement (SCCC) is cautious on its outlook for the year and expects marginal or even flat revenue growth. Speaking to the Bangkok Post, director and chief executive Vo...
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