Cementir sets out 2014-16 business targets
Cementir's Board of Directors has approved the company's 2014-16 Business Plan which sees average annual EBITDA growth of around 16 per cent over the period. The plan lays th...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Germany: Renewable Energy Sources Act feared by cement sector
The Renewable Energy Sources Act (EEG) is expected to be detrimental to the production of the German cement industry as well as presenting considerable risks to the sector's co...
Loesche to launch subsidiary in Indonesia
Loesche is to open a new subsidiary in Jakarta, Indonesia, scheduled to be fully operational by 1 January 2014. Indonesia is becoming an increasingly-important market for Loe...
Spain: cement consumption to drop 20% in 2013
National cement consumption is expected to register a double-digit decline for its sixth-consecutive decline as Spanish cement association, Oficemen, put the YoY drop at 20 per...
SCCC maintains positive outlook for 2014, Thailand
Siam City Cement Co (SCCC) maintains a positive outlook for cement demand in its domestic market of Thailand despite government infrastructure project having been delayed due t...
Gebr Pfeiffer wins hat-trick of orders from Bolu Cimento, Turkey
Bolu Cimento Sanayii AS, a member of the OYAK Group, has ordered three vertical roller mills from Gebr Pfeiffer SE for a new production line in Kazan, Ankara. The cement produc...
Adelaide Brighton CEO to retire, Australia
Mark Chellew, managing director and CEO of Adelaide Brighton, is to retire following the company's AGM in May 2014 and be replaced by Martin Brydon, Adelaide Brighton’s current...
Dangote to commission Zambia power plant by end-1Q14
The Dangote Group will commission a US$50m power plant in the first quarter of 2013 to supply its factory currently under construction in Ndola, Zambia Anand Kameshwar, compa...
Holcim (New Zealand) selects locations for two cement import terminals
Holcim (New Zealand) has selected Timaru and Auckland as the location for two new 30,000t bulk cement import terminals. The company said that having reviewed proposals from po...
New US capacity plans to ease imbalances
A pick-up in the number of new capacity projects announced in the USA is set to ease the imbalances caused by depressed economic growth and subsequent plant closures and expans...
Bosowa Corp set to start Banten plant construction, Indonesia
The Bosowa Corporation said it plans to start construction of a new cement plant in Cilegon, Banten, in the first quarter of next year. Company CEO, Erwin Aksa, told the Jaka...
Jamaica close to concluding PetroCaribe supply deal
The government of Jamaica is close to concluding a supply contract with Venezuela to use cement exports to meet some debt repayment obligations under the PetroCaribe agreement....
CCI clears JSW Steel acquisition of Heidelberg plant
The Competition Commission of India (CCI) has approved the acquisition of HeidelbergCement India's grinding facility at Raigad, Maharashtra, by JSW Steel. JSW Steel announce...
Chaudhary Group launches production at new Nepal plant
The Chaudhary Group (CG) has started production from a new 1500tpd plant in Nepal. Barun Chaudhary, director of CG, said the new Chinese-built plant can produce 250tpd of OPC...
Texas Industries working with Citigroup for possible sale, USA
The owners of Texas Industries are reported to be exploring a sale of the Dallas-based company, Bloomberg reported, citing three people with knowledge of the matter. Southeast...
PPC gets competition tribunal go-ahead for Safika Cement acquisition
PPC’s previously-announced acquisition of South African blended cement producer Safika Cement has been unconditionally approved by the country’s Competition Tribunal. An agr...
Al Jouf begins trial production of new line, Saudi Arabia
Al Jouf Cement has launched trial operations of its second production line, the Saudi-based cement producer said in a bourse statement. The new kiln line has a clinker capacit...
FLSmidth confirms talks for new Oman Cement project
FLSmidth has confirmed it is in talks with Oman Cement Co for supply of equipment and machinery for a cement plant following reports in Omani media. The Danish equipment supp...
Indocement’s Palimanan plant wins Gold PROPER rating
PT Indocement Tunggal Prakarsa has once again been awarded a Gold Rating by the government’s Pollution Control, Evaluation and Rating (PROPER) programme, for environmental achi...
Mbeya Cement inaugurates new bag filter, Tanzania
Lafarge Mbeya Cement, part of the Lafarge group, has inaugurated a new bag filter to reduce stack emissions at its plant at Songwe, Tanzania. The initiative forms part of the c...
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