Swiss cement industry to solve future raw materials shortage
Five out of six cement plants in Switzerland are expected to run out of limestone and marl over the next 10-15 years. As their existing quarries border areas with protected sta...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Vietnam's Jan cement output increases
Vietnam is estimated to produce 4.8Mt of cement in January, up three per cent YoY but down 13.24 per cent from December 2013, the government General Statistics Office said in a...
Fitch Ratings raises GCC outlook
Fitch Ratings has revised its outlook for Grupo Cementos de Chihuahua (GCC) from 'Stable' to 'Positive.' The upward revision reflects Fitch's view that GCC's operations could g...
Morgan Stanley maintains Cemex rating
Morgan Stanley has maintained its 'Overweight' rating on Cemex, raising its price target to US$14.00 from US$13.00. It believes that the Mexican cement major could be turnin...
Vulcan sells cement assets to Cementos Argos
Vulcan Materials has agreed the sale of all of its cement activities, as well as certain downstream assets, to Cementos Argos for US$720m in cash. The deal, which is still subj...
Dangote heads to South America?
Dangote Cement plc is planning to build a presence in three South American countries, according to Nigeria’s economic newspaper Business Day, quoting Devakumar Edwin, Dangote’s...
Exane BNP downgrades Lafarge to “underperform”
Exane BNP Paribas downgraded its opinion on Lafarge from “outperform” directly to “underperform”. However, the analysts raised the target price from EUR50.5 to EUR58. “Lafa...
Cade likely to impose fine on Brazil producers
Brazil's antitrust watchdog Cade is likely to impose fines totalling BRL3.1bn (US$1.3bn) on six cement producers for alleged market collusion. Late Wednesday, four of five me...
Semen Indonesia in joint venture talks
Semen Indonesia is in early talks to establish joint ventures with three potential partners, the company’s president director, Dwi Soetjipto, has revealed. Speaking to local ...
West China Cement completes Phase 1 of waste sludge treatment facility
West China Cement announced that it has completed Phase 1of its first waste sludge treatment facility at its Lantian plant, as part of on-going energy conservation and environm...
CBR to close Harmignies cement plant, Belgium
CBR, part of HeidelbergCement, announced Wednesday to staff representatives that the company plans to close the Harmignies 0.22Mta white cement plant in Belgium, a move which i...
February launch for Cimaf plant
Ciments de L’Afrique (Cimaf), a subsidiary of Ciments de L’Atlas, has said it intends to officially start production at its Doula grinding plant in Cameroon next month. The n...
China prices, inventories stable in January
China's cement prices and inventories were stable in January due to favourable weather conditions, a Deutsche Bank report has said. Cement supply and demand have been balanc...
Ahangarancement output rises in 2013, Uzbekistan
Ahangarancement, part of the Eurocement Group, produced over 1.116Mt of clinker and 1.62Mt of cement in 2013. The Uzbekistan-based producer said clinker volumes rose by 13 per...
Carib Cement receives cheque from government for Venezuela exports
The government of Jamaica has given Carib Cement Co a cheque worth US$1.69m as part payment for the provision of clinker to Venezuela under the Trade Compensation Mechanism of ...
Double-digit rise in Nepal cement sales
Nepal-based cement producers have reported a 10-15 per cent YoY increase in 2013 cement sales as the construction of dams, bridges and housing projects boosts demand. Accordi...
KHD misses 2013 margin guidance, Germany
KHD Humboldt Wedag of German has said it will miss its margin guidance for the 2013 financial year due to “unexpected profit deterioration in the latest cost estimations of a...
Unye Cimento to open Romanian branch
Turkish cement producer Unye Cimento Sanayi ve Ticaret is to open a branch for the import, export and sale of bulk and bagged cement in Romania’s Black Sea town of Mangalia...
Attock Cement first-half profit declines, Pakistan
Pakistan producer Attock Cement reported a nine per cent decline in net profit for the the first half of FY14 to PKR871m (US$8.26m). “The decline in profitability of the compa...
Pakistan 1H export volumes and revenue down
Pakistan exports declined both in terms of volume and value in the first six months of the current fiscal, data from the Bureau of Statistics shows. Cement exports totalled 4....
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