Philippine producers call for level playing field
Philippine cement producers are calling on the country’s Department of Trade and Industry (DTI) to create a level playing field to incentivise local expansion plans and higher ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Iranian cement output continues to climb
Iran has reported a four per cent rise in cement output in the first half of the current Iranian calendar compared to the same period of last year. The country has produced 3...
Fitch rates Cemex outlook Stable
Fitch Ratings has assigned 'BB-/RR3' ratings to Cemex's proposed floating rate senior secured notes due in 2018 and senior secured notes due in 2021. The 2018 and 2021 notes w...
Batisoke secures loan for sustainable energy generation, Turkey
Turkish cement producer Batisoke Cimento Sanayii has secured a EUR10m loan from local lender Akbank under the European Bank for Reconstruction and Development's (EBRD) facilit...
Lafarge Canada's Bath cement plant celebrates 40th anniversary
The Lafarge Canada cement plant at Bath is celebrating 40 years of building better cities and communities around the Great Lakes region. Built in 1973, the Lafarge Canada Bat...
HeidelbergCement mulls sale, float of building products business - report
HeidelbergCement is considering selling its building products operations but could simultaneously float the unit shares on the stock market, its chief has told Reuters. Speaki...
Swiss cement deliveries up 3.4% in 3Q13
Swiss cement producers increased their domestic deliveries (including Liechtenstein) by 3.4 per cent in the third quarter of 2013, according to Cemsuisse, the country's cement ...
Sri Lanka Cement Corp to invest in Kankesanthurai revamp
The Sri Lanka Cement Corporation is to invest LKR1500m (US$11.4m) to revamp the Kankesanthurai Cement Factory (KKS) in Kankesanthurai, which has been the object of repeated pro...
ARM anticipates higher earnings growth
Kenya-based ARM Cement expects a slight acceleration in earnings this year as new capacity in Tanzania boosts volumes, its chief executive has said. Referring to his expectati...
Positive view on China Resources-Fujian Energy collaboration
Daiwa Research holds positive view on China Resources Cement's agreement with state-owned Fujian Energy to jointly develop and expand the cement and concrete business in Fujian...
Semen Indonesia secures loan
State-owned cement producer PT Semen Indonesia (Persero) Tbk has secured a US$100m loan from PT Bank Mandiri Persero Tbk and Standard Chartered Bank with a 5-8 year tenure to r...
Saudi Cement receives funding for expansion
Saudi cement producer Tabuk Cement Company yesterday signed an agreement with local Bank Albilad for Islamic financing worth SAR500m (US$133.3m) In a statement to the bourse,...
Hamzah lifts stake in Steppe Cement to 23 per cent
Kazakh-based Steppe Cement Ltd said Friday that Halfmoon Bay Capital Ltd has acquired 1.25 million shares, raising the total interests controlled by significant shareholder Azm...
European Commission publishes NIM decision
The European Commission published its decision relating to the National Implementation Measures (NIM) under the EU Emission Trading Directive (EU-ETD) on 5 September. It highli...
Tongyang Cement goes into court receivership
Tongyang Cement has become the fifth victim of the group-wide financial agony. On 1 October the cement unit of Tongyang Group said in a regulatory filing that it applied for co...
USA: TXI 1Q13 results reap the benefits of new line start-up
Texas Industries Inc saw first quarter turnover increase by 33.6 per cent to US$233.1m, while corporate overheads were reduced by 15 per cent to US$8.7m and the EBITDA advance...
FLSmidth to supply new Oman Cement mill
Oman Cement Company has decided to award the contract for supply and installation of a new cement mill with capacity of 150tph to FLSmidth Pvt Ltd. The company has issued Lette...
USA: conservation group eyes Davenport cement plant
Los Altos-based Sempervirens Fund, one of several conservation groups to recently secure 8500 mountainous acres above the Davenport cement facility, formerly owned by Cemex, is...
USA: Lehigh Cement may face new challenge to quarrying rights
Lehigh Cement may face a challenge to its legal rights to mine on approximately 13 of 19 parcels of land at the cement facility and quarry located just outside Cupertino. The...
Siam Cement Group book celebrates centenary
Siam Cement Group is marking its first centennial this year and plans to celebrate the occasion by passing on its sustainable-business tips to others in a specially written boo...
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