Asia Cement (China) seeks M&A activity, strategic alliances
Asia Cement’s China subsidiary is seeking mergers and acquisition opportunities, as well as the creation of strategic alliances, to raise production capacity and boost its comp...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Thatta Cement's Sri Lanka port project on hold
Pakistan-based Thatta Cement has temporarily suspended its proposed grinding and bagging plant in Sri Lanka’s Hambantota Port as it awaits the Land Lease Agreement (LLA) to be ...
Carthage Cement appoints new Board member, Tunisia
During Carthage Cement’s Annual General Meeting of Thursday, 13 March, Kais Jamaia was appointed as a new Board member, representing the Tunisian government. Mr Jamaia was prev...
Polish sales boosted by favourable weather
Polish cement sales were 40 per cent higher in February 2014 than a year ago, latest data from the Polish Cement Association (SPC) shows. Sales hit 1.29Mt as favourable weath...
Adelaide Brighton flags potential profit hit
Adelaide Brighton Ltd has cautioned that potential changes to a South Australian cement supply deal could result in a AUD15m profit hit. The company has warned one of its cu...
Emami Cement places order with Gebr Pfeiffer for five mills
Gebr Pfeiffer SE and its Indian subsidary Gebr Pfeiffer (India) has received a contract from Kolkata-based Emami Cement Ltd for four MVR mills and an MPS mill for coal grinding...
Repeat Siwertell road-mobile unloader order in less than three months
Turkish construction services company Mussa Insaat Dis Ticaret Ltd of Istanbul has ordered two road-mobile Siwertell 10 000 S cement unloaders from Cargotec in less than three ...
UniCem begins construction of new line, Nigeria
United Cement Company of Nigeria (UNICEM) has started construction of its second line to meet growing demand for cement in Nigeria. Addressing journalists in Calabar, Olivier ...
Asia Cement attributable profit surges
Asia Cement (China) said its profit attributable to owners for the year ended 31 December 2013 surged 108 per cent YoY to CNY823m (US$133.8m). Its basic and diluted earnings ...
Lafarge Moldova appoints new director
Nicolas Valdinoci has been announced as the new director of Lafarge Moldova, replacing Louis de Sambucy who is moving to Lafarge Algeria. Mr Valdinoci has been at Lafarge sinc...
Fitch Affirms Holcim rating, outlook stable
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmatio...
Algeria: Lafarge joint venture awarded project permits
CILAS Biskra, the cement joint venture between Lafarge (49 per cent stake) and Algerian businessman Souakri, is one step closer to the construction of its new plant. The projec...
Gansu Qilianshan full-year profit surges
Gansu Qilianshan Cement Group Co Ltd earned a net profit of CNY465m (US$75.8m) in 2013, a YoY surge of 167.77 per cent, the company announced in a statement. Meanwhile, operat...
Chettinad to acquire stake in Anjani Portland
Chettinad Cement Corp Ltd has entered into a share purchase agreement to acquire up to 61.74 per cent stake in Hyderabad-based Anjani Portland Cement Ltd for INR700m from the p...
Xuan Thanh gets nod to expand capacity, Vietnam
Vietnam Prime Minister Nguyen Tan Dung has approved a proposal from the Ministry of Construction to expand capacity of the Xuan Thanh cement plant in the northern province of H...
Xinjiang Tianshan net profit declines
Xinjiang Tianshan Cement Co Ltd reported a net profit of CNY280m (US$45.62m) in 2013, a YoY fall of 12.08 per cent, the company announced on 12 March. Meanwhile, operating rev...
US cement shipments rise 4% YoY in 2013
Total shipments of Portland and blended cement in the United States and Puerto Rico during 2013 reached 82Mt, up four per cent year on YoY, the latest data from the US Geologic...
Dangote launches 52.5 grade to Nigerian market
Dangote Cement yesterday launched its 52.5 grade cement to the Nigerian market. The African cement major said at a press briefing it has recalibrated all three of its Nigerian ...
Argentina: monthly cement demand slips
In February 2014, dispatches from Argentina’s cement plants fell 13.9 per cent MoM to 802,573t, including exports. However, YoY the drop was more modest at 4.4 per cent, data f...
Pakistan February sales 8.7% higher
Pakistan cement sales rose by 8.7 per cent YoY in February 2014 to 2.135Mt, led by strong demand from the domestic market. The All Pakistan Cement Manufacturers Association (...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
