Emerging markets continue to play key role in global energy prices
With a sluggish US economy where the fiscal cliff remains a major concern in 1H13 and a recession-hit Eurozone burdened by unaffordable energy import costs, it is clear that mo...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Loesche wins new grinding order in Cameroon
Loesche has been selected by Sinoma International Engineering to provide a vertical roller mill and associated equipment for Dangote Cement’s new grinding plant in Douala, Came...
Taiheiyo wins Bangladesh logo case
Japanese cement producer Taiheiyo Cement Corp has won a court case in Bangladesh for the use of its logo by local cement manufacturers. The Bangladesh District Judge, Dhaka,...
Lagan Group responds to threat over proposed merger
The Lagan Group has called in the Police Service of Northern Ireland (PSNI) to investigate the circumstances surrounding the receipt of a package containing a bullet which was ...
Siam City Cement plans 1Mta Cambodia works
Thailand’s second-largest cement producer Siam City Cement Co (SCCC) is currently conducting a feasibility study for a 1Mta cement plant in Cambodia, a senior executive of the ...
Brazil: January sales rise 5.9% YoY
Latest data on the Brazilian cement market shows that cement consumption increased by 5.9 per cent in January 2013 to 5.6Mt. Figures released by Sindicato Nacional da Indúst...
Temasek Holdings in line for Lafarge India stake?
Temasek Holdings is reportedly among those shortlisted by Lafarge as a potential buyer for a minority stake in its Indian arm. Lafarge India plans to sell a 20-30 per cent s...
Saudi Cement net profit rises 32.3% in 2012
Saudi Cement Company said today its net profit for 2012 rose 32.3 per cent YoY to SAR1.1bn (US$293m) thanks to higher demand. Earnings per share stood at SAR7.2, up from SAR...
Torah Cement inaugurates environmental projects, Egypt
Egypt’s Minister of Environment Khaled Fahmy inaugurated on Tuesday environmental initiatives by Torah Cement. The cement producer has invested US$24m to replace electrostatic ...
Holcim (US) receives HandsOn South Alabama's Corporate Citizenship Award
Holcim (US) announced today that its Theodore plant located in Theodore, AL, received the Corporate Citizenship Award from HandsOn South Alabama (HOSA) at the organisation’s 31...
Boral boosted by Asian acquisition from Lafarge
Boral increased its turnover for the six months to the end of December by 14 per cent to AUD2774m (€2130m) and the EBITDA was ahead by eight per cent to AUD256m (€197m). Withou...
Cementos Molins cuts back in Spain while expanding in foreign markets
As the Spanish construction crisis shows no sign of abatement, Cementos Molins expects to continue the adjustment in its Spanish workforce. The company’s vice-president and CEO...
Portland Valderrivas explores sale of Cemento Lemona to CRH
Spain’s Cementos Portland Valderrivas is currently considering the sale of its Basque subsidiary Cementos Lemona to the Irish multinational CRH. Yesterday, CRH directors vis...
Railway projects arouse interest from Indian cement producers
With Indian railways showing a renewed focus on private partnerships, Jindal, Adani and a consortium of cement companies (UltraTech, Prism and Madras Cement) have been linked t...
Shiva Cement's wins Sedimentation & Water Management award
Shiva Cement's Khatkurbahal Limestone Mines has been awarded first prize in Sedimentation & Water Management for FY12-13 under the aegis of the Indian Bureau of Mines. Shiva C...
Ukrcement expects cement production decline in 2013
Ukraine's Ukrcement association expects cement production to fall 5-7 per cent (by 489,000-684,000t) in 2013, against 9.089Mta-9.284Mta in 2012, executive director of the assoc...
HeidelbergCement to set up waste heat recovery power generation plant
HeidelbergCement India has received an approval for setting up waste heat recovery power plant at its cement plant in Narsingarh, Damoh district, Madhya Pradesh. The propose...
FLSmidth orders up 15% while EBITDA rises 9% in 2012
In its newly-released 2012 annual report, Denmark-based cement plant maker FLSmidth & Co A/S announced a 15 per cent increase in its order intake, bringing the figure to DKK27....
India: Ambuja Cement Q4 net down by 30%
Ambuja Cement, India's fourth-largest cement maker, slipped considerably in its latest quarterly performance. The Holcim-owned cement major's profitability for the December qua...
Bosnia-Herzegovina: Turkey's GIMAS shows desire to construct Gacko cement plant
Representatives of 'GIMAS' and the mayor of municipality Gacko recently held a meeting with representatives of Enel, Alfa Motor and Dr Boško Vukovic regarding the possibility o...
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