Eurozone April construction output falls
Construction output in the 17 nations that use the euro dropped 2.7 per cent in April compared to the month before, and five per cent from April 2011, the European Union's offi...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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JPMorgan sells 2.18m shares in Shanshui Cement, China
JPMorgan Chase & Co has sold 2.18 million shares in China Shanshui Cement Group Ltd at HK$ 5.48 per share on 11 June, media reported, citing information released by the Hong Ko...
PIBT receives US$19m from IFC to part finance terminal
Pakistan International Bulk Terminal Limited (PIBT) said it has signed an agreement with the International Finance Corp (IFC), a member of the World Bank Group to get part fina...
UBS launches coverage on Italcementi and Buzzi Unicem
UBS started covering Italy's two largest cement producers, Italcementi and Buzzi Unicem, as they struggle against a backdrop of a construction recession and declining cement de...
China prices continue to fall
The average price of cement across China last week fell 0.83% to CNY336.25/t compared to the previous week. Cement prices have been falling since the end of April registerin...
FICEM's emission reduction and energy improvement measures
As a side event to the UN Conference on Sustainable Development in Rio de Janeiro, Brazil (20-22 June 2012) the Business Action for Sustainable Development (BASD), will take pl...
WBCSD releases 2012 Progress Report
The World Business Council for Sustainable Development (WBCSD)’s Cement Sustainability Initiative (CSI) has marked 10 years of progress with the release of its 2012 Progress Re...
Spanish May cement consumption falls 37.2%
Spanish cement consumption in May plunged 37.2 per cent over the same month last year to 1.26Mt, data from the domestic cement association, Oficemen shows. For the first fiv...
Lafarge cement packer unveiled, UK
Local MP and member of Parliament, Ken Clarke, visited Lafarge Cement's Barnstone plant to officially unveil a state of the art cement packer which will significantly increase ...
Change in Executive Board of Gebr Pfeiffer SE
Otto Jung is to retire on 20 June 2012 after nearly 40 years with Gebr Pfeiffer SE. Robert Schnatz will take over Mr Jung’s technical responsibilities on the Executive Board. ...
Indian producers face alleged cartel fines
The Competition Commission of India (CCI) is expected to soon impose fines over alleged price collusion in the industry. According to local press reports, the CCI is expecte...
Fire at Hanson’s Ketton works, UK
Firefighters were called to an underground blaze at Hanson Cement’s Ketton works where a conveyor belt caught fire. Once the power in the affected area was switched off, crews...
Lafarge sustainability ambitions 2020
Lafarge has entered a new phase in its sustainability commitment with the launch of Sustainability Ambitions 2020. The 34 new sustainability ambitions are organised around t...
Cemex launches 'Oceans: Heart of Our Blue Planet' book
Cemex UK and Conservation International Europe have presented their book, Oceans: Heart of Our Blue Planet, at a Royal Society reception in London. The book, which has also ...
Panamax picks up
Handysize rates cooled in both the Atlantic and Pacific basins. RV Atlantic rates fell from US$15,320/day on 30 May to US$15,000 a fortnight later. The slip in the Pacific mark...
Indonesian sales seen reaching 16% in 1H12
Indonesian cement consumption is expected to rise by double-digits in the first half of this year, driven by a residential housing boom and the realisation of infrastructure pr...
Hungarian construction down 4.8% in April
Output of Hungary’s construction sector fell 4.8 per cent YoY in April 2012, data from the Central Statistics Office showed on Monday. The decline was slower than figures recor...
Reliance MF hikes stake in Madras Cements, India
Reliance Mutual Fund has increased its stake in India-based producer Madras Cements to just over five per cent with the acquisition of 90,000 shares. With this acquisition on ...
India Cements receives approval for future expansion
India Cements has received approval from the environment ministry as it gathers the necessary approvals for the possible expansion of its existing plants. The Times of India...
Work restarts at Dangote’s Douala works, Cameroon
Construction of Dangote Cement’s plant in Cameroon has restarted after a land dispute is resolved, Reuters reports. Work on the 1.5Mta cement plant, situated in Douala, bega...
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