Congo Rep opens Dolisie cement plant
Denis Sassou Nguesso, President of the Republic of Congo, inaugurated a new cement works in Dolisie, located in the south west province of Niari, on Saturday 22 March. The 0.3M...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Paraguay: INC back in profit, says company president
Paraguay’s Industria Nacional del Cemento (INC) is yielding profits again, according to its president Jorge Méndez Cuevas, although the company remains US$60m in debt. “INC’...
Colombia’s Argos invests in new Cartagena distribution centre
Cementos Argos will be investing US$35.2m in a new distribution centre in Cartagena, announced the company’s president Jorge Mario Velasquez at the shareholders’ meeting. Th...
MPA: Budget generally positive, concerns remain
Reacting to the UK Budget 2014 announcement earlier this week, the Mineral Products Association (MPA) said the measures outlined are generally positive for the mineral products...
ASEC in talks to sell Zahana stake, Algeria
ASEC Cement, a subsidiary of Citadel Capital, is looking to divest its minority stake in Zahana Cement Company of Algeria. In a statement released yesterday, Citadel Capital...
Lafarge Pakistan donates to drought-affected Tharparkar district
Rizwan Jamil (second-left), Lafarge Pakistan country marketing director, presents the donation to the Edhi Foundation Employees of Lafarge Pakistan have donated...
Bolivian cement project hits gas supply issue
Bolivian cement producer Sociedad Boliviana de Cemento (Soboce) said that investments in the sector have been stalled by the lack of energy to build new plants. Soboce plann...
SCG maintains revenue forecasts, demand to remain subdued
Siam Cement Group (SCG) of Thailand is maintaining its 10 per cent revenue growth forecast for this year, despite delays to the government’s THB2trn infrastructure plan. Presi...
West China Cement profit edges ahead
West China Cement reported a 3.6 per cent YoY rise in pre-tax profit to CNY475.08m (US$76.4m) for the year ending 31 December 2013, compared to CNY458.58m a year ago. Net in...
Ecuador’s monthly sales return to growth
Ecuador cement sales in February rose by 14.3 per cent YoY to 511,794t, latest data from domestic association INECYC reveal. For the first two months of 2014, sales advanced ...
Lafarge WAPCO pretax profit jumps
Lafarge's WAPCO announced on Thursday that its 2013 full-year pretax profit rose 30.3 per cent to NGN27.7bn (US$168.3m). The Nigerian unit of the French cement major also said...
Algeria sees decline in January imports
Algerian cement imports fell 13.6 per cent YoY during January 2014 as the value of imports fell from US$26.79m to US$23.16m. In terms of volumes, January saw cement imports co...
Morocco: Anwar Invest to enter cement industry
The Anwar Invest Group is entering the cement industry with its first production plant in Laayoune, Morocco. The company has scheduled construction to start in September. Anw...
Spanish demand falls short of forecasts
Cement demand in Spain fell 9.8 per cent YoY in February 2014 to 773,293t, according to the latest data released by domestic cement association, Oficemen. Over the first two...
Egypt: South Valley to invest in expansion, coal usage
South Valley Cement is due to sign a contract for a five-year long-term loan agreement worth EGP1.2bn (US$172.4m) from the Arab African Bank to increase production capacity and...
Sagar denies Vicat buy-out talks
Sagar Cements Ltd has denied reports that it is in talks to sell its 47 per cent stake in its Vicat Sagar joint venture. The Economic Times newspaper earlier reported, citin...
Bolivia expects to cease cement imports in 2017
In 2017, Bolivia will no longer require cement imports following the launch of production at the Ecebol plant, according to Patricia Ballivian, general manager of the Productiv...
Indocement outlines capex to raise capacity
PT Indocement Tunngal Prakarsa, the second-largest cement producer in Indonesia, plans IDR4-4.5trn (US$349m-393m) in capital expenditure to increase capacity and lift market sh...
UK cement producer welcomes budget measures
Amit Bhatia, chairman of Hope Construction Materials, has welcomed several measures detailed in the UK Budget 2014 believing that there are a number of specific aspects that wi...
Chile: Cementos BioBio to use fly ash
Cementos BioBio’s Antofagasta works in the north of Chile and E-CL have signed a contract to use fly ash in the production of cement. After a long development and testing pr...
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