Dangote plans to enter Niger market
Dangote Cement plans to spend US$350m to build a new cement in Niger as part of the its African expansion drive. Speaking to press following a meeting with Niger President I...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Argentina: cement market expands 17% YoY
In September, Argentina’s cement producers delivered 1,050,170t of cement, including exports. While this represents a 2.7 per cent decrease when compared with August dispatches...
Gebr Pfeiffer wins Indonesian order
Gebr Pfeiffer SE has been selected to supply a package of five vertical roller mills to PT Cemindo Gemilang for a new works on Indonesia’s main island of Java. China’s Sinoma...
Ecuador Jan-Sept cement sales rise 11% YoY
Cement sales in Ecuador for the first nine months of 2013 have increased by 11 per cent YoY, latest data from the country’s cement association, Inecyc, shows. During the Janu...
Vietnam expects price stability
Vietnam’s Ministry of Finance's Pricing Management Department expects cement prices to remain stable this month following September’s increase, local press reported. Some com...
Argos to evaluate cement price cuts
Colombia’s vice president, Angelino Garzon, met with Cementos Argos directors to discuss cement pricing in the country. "I said it is very important that Argos can talk to o...
GCC: returning to form
This year has marked a broad-based recovery in the construction markets of the Gulf Cooperation Council (GCC) and the region appears to be returning to form, driven particu...
Qatar could face shortages due to lack of capacity additions
Qatar could face a “major cement shortage” in the near term with no major capacity expansions in the pipeline to meet expected strong rises in demand, a new report by Global In...
CRH opens regional headquarters in Singapore
CRH announced the official opening today of its regional headquarters in Singapore, to oversee the expansion of its existing interests in India and China, and to pursue further...
HeidelbergCement India reports quarterly loss
HeidelbergCement India has reported a loss for the third quarter of 2013 due to higher finance costs and depreciation expenses. During the July-September period of 2013 the c...
Cemento Andino expand production capacity to 2Mta
Venezuela’s Minister of Industry, Ricardo Menéndez, announced that Cemento Andino will increase capacity at its Las Llanadas plant in Trujillo from 0.7Mt to 2Mt. The expansi...
Asia Cement expects higher nine-month net profit
Asia Cement said it expects a 150 per cent YoY increase in unaudited net profit attributable to shareholder for the first nine months of the year. The company says the advance ...
Sinoma wins new contract in Nigeria
Sinoma International announced that its wholly-owned subsidiary Sinoma Construction signed a US$276.9m general contract with United Cement Company of Nigeria for a new 6250tpd ...
Daiwa raises CRC target price, China
Daiwa Research raised its target price for China Resources Cement (CRC) to HK$6.6 from HK$5.95, and retained its "buy" rating. The research house cited management noting tha...
China: new measures to curb overcapacity
China has announced new plans to curtail overcapacity that is persisting in a number of sectors and is offering fiscal incentives to encourage the removal of obsolete capacity....
Lafarge Pakistan plans to issue shares
Lafarge Pakistan Cement Ltd has called an extraordinary general meeting on 29 October 2013 to seek approval from shareholders to make arrangements to settle an outstanding paym...
Cimpor to refocus Portuguese operations towards exports
With Portuguese cement demand remaining subdued, Cimpor is trying to reorientate cement output from its domestic operations towards export markets, CEO, Ricardo Lima, has said....
Vietnam producer to delist from Hanoi Stock Exchange
Vinaconex Xuan Mai Concrete & Construction's shareholders have approved a plan to de-list nearly 20m shares from the Hanoi Stock Exchange. To facilitate the plan, Khai Hung ...
Armenian exports rise in first six months of 2013
Armenian cement exports have increased over the first six months of the year despite a drop in domestic output. Data from the National Statistics Service reported by ArmInfo...
Production halted at Birla Corp's Durgapur units due to east coast cyclone, India
Birla Corporation said production at its Durgapur cement unit in West Bengal has been affected by the severe Cyclone Phailin that hit eastern areas of India earlier this week a...
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