Venezuela aims to boost cement output
The Venezuelan government announced an investment plan of around US$200m to boost cement production within its borders, Minister of Industries, Ricardo Martinez, reported. Du...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Adequate fuel supply needed to meet Saudi cement demand
With massive investments being pumped into the infrastructure space, the outlook for the Saudi cement sector looks bright. Cement companies have benefitted largely from cheap...
Algeria’s cement imports double to 1.3Mt in 4M13
Cement imports into Algeria have doubled in the first four months of 2013, surpassing US$116.2m when compared with US$53.5m for the equivalent period last year – an increase of...
Iran plans 18.5Mta of cement exports
Iran plans to export 18.5Mt of cement in the current Iranian calendar year, which began on 21 March, Mehdi Ghazanfari, the Iranian deputy industry, mines and trade minister, sa...
India Cements to restructure non-core assets
India Cements has said it will restructure its non-core assets, enabling the company to focus on core areas of its business and increase profitability. The company is expect...
Holcim reduces capital in Spain by 75%
The challenging state of the Spanish cement market has prompted Holcim to reduce its capital in Spain by 75 per cent or EUR568m. The capital reduction will be carried out by...
UltraTech to take tribunal plea to Supreme Court on Monday
India’s Supreme Court will hear UltraTech Cement's plea challenging an order issued by the Competition Appellate’s Tribunal (COMPACT) on 17 May 2013 instructing the cement comp...
Iraq to halt imports indefinitely from next month
The Cabinet of Iraq has decided to halt cement imports, including white cement, as of 1 July 2013. Aswat al-Iraq News reported that the cabinet has decided to stop all commerc...
Seacem sells shares to comply with public float, Philippines
Philippine-based Southeast Asia Cement Holding (Seacem) is selling PHP194m worth of shares to comply with the 10 per cent minimum public ownership set by the country’s stock ex...
HeidelbergCement India increases prices
HeidelbergCement India Ltd (HCL) has increased cement prices by INR2-3 per 50kg bag, its chief executive officer and managing director, Ashish Guha told local media. Mr Guha ...
Votorantim elects Akermann to Board
Votorantim Cimentos elected Markus Akermann, former president of the Switzerland-based Holcim, to its board of directors. Akermann was CEO of Holcim between 2002 and 2012 af...
Raysut Cement board approves US$24m investment plan
The board of directors of Raysut Cement, Oman, has approved investments in four projects totalling US$24m in markets where the company is already present as well as new venture...
FLSmidth wins new order from Orient Cement, India
FLSmidth has received an order from Indian cement manufacturer Orient Cement Ltd to supply the main equipment for a 6000tpd greenfield cement plant to be located in the state o...
Siam Cement Group to begin Myanmar plant construction in 2H13
Siam Cement Group of Thailand plans to kick start construction of a greenfield cement plant in neighbouring Myanmar in the second half of this year, having received regulatory ...
Indian producers eye price increase
With Indian consumption showing some signs of improvement local producers are looking to raise prices ahead of the impending monsoon season. According to sources cited by DN...
Lafarge to continue investing in China
Lafarge said it will continue investing in China in research, namely in research, production and the creation of new partnerships, according to the company’s chief. Bruno La...
JPMorgan sells 2.65m shares in Conch Cement
JPMorgan Chase & Co sold 2.65 million shares in Anhui Conch Cement Co Ltd for a total of HKD70.2m (US$9m), according to the Hong Kong Stock Exchange. After the sales, JPMorgan...
Pakistan monthly dispatches fall on transportation issues
Pakistan saw a rise in total dispatches for the first 11 months of the current fiscal but May 2013 sales declined by one per cent largely due to transport issues. For the fi...
Bolivia cement sales up 6.6% in 1Q13
Between Jan-Mar 2013, cement sales in Bolivia reached 671,078t, representing an increase of 6.6 per cent YoY, according to the Ministry of Economy and Public Finances. In 20...
Semapa to focus on Brazilian investment
Semapa, the Portuguese holding company that controls cement maker Secil, has said it is focussed on constructing a new plant in Brazil as domestic demand continues to wane. ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
