Boral announces further job cuts in new restructuring plan
Building materials major Boral has announced a further round of job cuts, predominantly across its Australian operations, following a 100-day review of the company by its chie...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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HeidelbergCement completes first move in central Indian expansion project
HeidelbergCement India Ltd (HCL) has completed the first step towards raising its capacity in central India by increasing grinding capacity at its Jhansi grinding works in Utta...
Ciments du Sahel invests EUR250m in new Benin plant
Ciments du Sahel of Senegal is investing EUR250m in a new 2.5Mta cement plant in Benin as the cement producer aims to extend its African reach. Output from the new works, w...
Vicat eyes further growth in India
Following the announcement yesterday by Vicat that its new joint-venture project Sagar has started commercial production, local press have speculated that the France-based majo...
Paraguay’s INC records rise in 2H12 cement sales
Paraguay’s Industria Nacional de Cemento (INC) posted a 56 per cent jump in second half 2012 sales compared to the first half of the year. The company sold 6,337,786 bags o...
Lafarge completes trials for new generation low-carbon cement
Lafarge has successfully completed an industrial trial for Aether®, its new-generation clinker formulated for lower-carbon cements. The trial mobilised a team of around 100 peo...
Peru’s cement shipments increase 15% in 2012
Cement deliveries in the Peruvian market reached 9,571,920t in 2012, a 15.4 per cent rise when compared with 2011, according to cement manufacturers’ association Asocem. Exp...
Oil prices stable, coal falling says BoAML energy forecast
In the second half of 2012 oil prices carried out a successful balancing act between maintaining supply and avoiding to destabilise the global economic recovery. The US fiscal...
FLSmidth secures EIB funding for R&D investments
FLSmidth has signed an EUR125m loan agreement with the European Investment Bank (EIB). The five-year-bullet loan will finance FLSmidth's global research and development prog...
Pakistan exports to India slow
Exports of cement over the northeast border of Pakistan to western India have slowed over the past week due to border tension between Islamabad and New Delhi. It has b...
New Sofala plants to start operating in 2013, Mozambique
Two cement factories being constructed in the Sofala province of Mozambique are set to start operating by the end of this year. The cement plants are being built in the citi...
Saudi Cement posts 31.4% rise in 4Q12 net profit
Saudi Cement Co posted a 31.4 per cent rise in its fourth-quarter net profit, fuelled by higher local demand, it said in a bourse statement on Tuesday. The firm made a net pro...
Government to lobby Caricom for reduction in import duties
The government of Trinidad and Tobago says it plans to lobby the Caribbean Community (CARICOM) grouping for a reduction in import duties following Trinidad Cement Ltd’s (TCL) r...
BBMG Corp sees fall in net profit on lower prices, China
BBMG Corporation said its preliminary net profit attributable to shareholders dropped 26.48 per cent YoY to CNY2.52bn (US$405) in 2012 mainly due to a decline in selling prices...
Lafarge to invest BRL1bn in Brazil over next five years
Lafarge is to invest BRL1bn (US$500m) in Brazil in the five years to 2018, according to the group’s chairman and chief executive Bruno Lafont. During a meeting with Brazil’s...
Argentina’s 2012 cement shipments fall 7.8% YoY
Total shipments (domestic and exports) from Argentine cement producers fell 7.8 per cent YoY, according to the latest update from the Asociacion de Fabricantes de Cemento Port...
Loesche wins new grinding order from Semen Padang, Indonesia
Indonesian cement producer Semen Padang has selected a Loesche LM 46.2+2 vertical mill for its new grinding plant on the east coast of Sumatra. The new mill will meet the req...
India Ratings revises outlook on cement sector
India Ratings has revised its outlook for Indian cement manufacturers from "negative" in 2012 to "stable to negative" for 2013, driven by limited downside risk for demand. Th...
Low carbon cement adds to Pembroke’s green credentials, UK
The new 2160MW natural gas power station in Pembroke boosted its green credentials during the construction phase through the use of low-carbon Phoenix Portland fly-ash cement (...
INC suspends clinker production but assures supply continues, Paraguay
Paraguay’s Industria Nacional de Cemento (INC) announced it will suspend clinker production for 45 days but assured the market it will not reduce supply during the programmed ...
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