Construction held by challenging macroeconomic environment
A recent research note by analysts at CM-CIC Securities sees four main themes for the global construction sector in light of a prevailing harsh macroeconomic environment. While...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Paramount unveils plans for former Lafarge plant site, UK
Paramount Pictures has unveiled plans to build one of the world’s biggest theme parks in Britain – creating 27,000 jobs at a former cement works. The huge GBP2bn attraction...
Caribbean Cement looks to Venezuela contract to revive sales
Caribbean Cement Company Ltd (CCCL) is hoping a new supply agreement with Venezuela will revive sales but fears elections will impede the deal, according to reports in the Jama...
Cemex sees 9% increase in 3Q12 operating EBITDA
Cemex said on Thursday it expects to report a nine per cent rise in operating cash flow in the third quarter of 2012, compared with the year-earlier period, although sales in d...
Siam Cement partial tender offer for Siam Global
Siam Cement PCLsaid it will launch a tender offer to purchase around a third of building materials distributor Siam Global House PCL from 5 October to 9 November, according to ...
Pakistan cement sector profitability improves in FY12
Pakistan’s cement sector closed FY12 with profitability growing eight per cent with improvements being seen for both larger and smaller producers. Total industry sales were 32...
CeMAP’s solid waste management efforts, Philippines
The Cement Manufacturers’ Association of the Philippines cited the effectiveness of partnership in co-processing waste following the success of its solid waste management proje...
Indian producers seen posting higher 2QFY13 figures
Indian cement manufacturing companies are expected to put up a robust performance this quarter owing to higher dispatches and lower raw material costs. The Economic Times of In...
Saudi Cement's 1H12 sales surge 45%
Saudi Cement Company (SCC) said that its net profit for the six months through June 2012 rose 45 per cent YoY to SAR615.8m (US$164.2m) from SAR424.6m a year earlier. The compa...
New Uruguay joint venture plant investment
Three cement companies are planning to invest in a new joint venture cement plant in eastern Uruguay’s Treinta y Tres department to tap export potential in neighbouring Brazil,...
PPC receives environmental approval for Western Cape modernisation, South Africa
South Africa’s leading cement producer Pretoria Portland Cement has been granted environmental authorisation by the Western Cape Department of Environmental Affairs and Develop...
Adelaide Brighton full year earnings on track, Australia
Adelaide Brighton has confirmed it is on track to meet its 2011-12 earnings guidance, underpinned by its exposure to the resource and infrastructure sectors. Speaking to the ...
Ambuja Cements September sales and output climb, India
Indian producer Ambuja Cements said sales rose 4.73 per cent to 1.55Mt in September from 1.48Mt in the same month a year ago, the company said in a statement. The company repo...
Eurocement to construct new plant, Russia
Russia’s leading cement producer is planning to build a new cement plant in the Blagodarnensky district of the Stavropol territory. The plant’s annual capacity will be 1.3Mta a...
Eastern Province Cement 1H12 net profit rises 12.5 per cent, Saudi Arabia
Eastern Province Cement Company (EPC) recorded a SAR207m (US$55.2m) net profit for the first half of 2012, up from SAR184m a year ago, an increase of 12.5% YoY. The company at...
Andhra Pradesh hit by declining prices and demand, India
Cement producers operating in the Indian state of Andhra Pradesh continue to suffer due to lower prices and demand in the region, the Economic Times of India reports. Cement p...
South Africa’s second-half sales rise seven per cent
Second-quarter cement sales in South Africa reached 2.91Mt, a seven per cent increase on the same period of the year before (2.7Mt), the latest data from the country’s Cement a...
Lafarge Dunbar receives quarry equipment, UK
Quarry operators at Lafarge Cement’s Dunbar Works are celebrating the arrival of some brand new four dumper trucks – measuring five metres to the top of the cab – and one giant...
Germany alternative fuels usage over 3Mt in 2011
The German cement industry reported stable alternative fuels usage in 2011, but growth in cement production and fuel consumption meant that the absolute tonnage was higher tha...
FLSmidth acquires market-leading technology for unmanned operation
FLSmidth has acquired the market-leading technologies and products related to unmanned operation and process optimisation of stackers/reclaimers and train loading systems from ...
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