First EU ETS report expected in June as carbon prices fall
EU CO2 allowance (EUA) prices could fall below €5/t if the EU cannot agree on the set-aside proposal, according to Deutsche Bank analysts. At the start of the month, prices...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Pakistan domestic sales rise, exports fall
Figures from the All Pakistan Cement Manufacturers Association showed that total cement dispatches for the first 10 months of the current fiscal were 26.64Mt, 3.31 per cent hig...
InterCement plans asset swap with Votorantim
InterCement, the cement unit of Brazilian industrial conglomerate Grupo Camargo Correa, on Sunday provided further details regarding its bid to acquire Cimpor.
Indian cement sector turns to US high-sulphur coal
Shree Cement and Ultratech have taken one cargo of US high-sulphur coal, with others set to follow suit, as the Indian cement sector seeks a cheaper alternative to the increasin...
China Resources Cement prices weaken in1Q2012
China Resources Cement Holdings Ltd, the largest cement producer in South China, saw its average sales price decline 6% or RMB20/t Y-on-Y to RMB340/t in the first quarter of thi...
Lafarge shares rise on Hollande election
Shares in Lafarge are among the top gainers on France’s CAC-40 index as investors expect government spending on social housing to increase under France’s newly elected president
Martin Marietta violated confidentiality agreement, judge rules
Delaware Judge Leo Strine has ruled that Martin Marietta violated a nondisclosure agreement with Vulcan and used confidential information in forming its USD5.3bn bid and proxy f...
Ivano-Frankivskcement 2011 results restated
Ivano-Frankivskcement finished the full year of 2011 with a net profit of UAH6m
RNB capex completed, India
RNB Cements completed its cement manufacturing expansion from 600tpd to 1200tpd at Barapani Industrial Area, district Ri Bhoi, Meghalaya.
Heidelberg expands capacity, India
HeidelbergCement India is expanding the manufacturing capacity of cement from 0.8Mta to 2.5Mta in Jhansi, Uttar Pradesh.
Shalivahana to build new 2.6Mta plant, India
Shalivahana Cement Industries is planning to build an integrated cement project at Chincholi, district Adilabad, Andhra Pradesh.
Eurocement Ukraine records 2011 losses
Eurocement Ukraine, one of the three largest Ukrainian cement producers, ended 2011 with losses of UAH46.048m, the company announced in a statement.
Lafarge helped by Asian and African growth
Lafarge's first quarter turnover was up by 4.6% to €3353m, having risen by 8.6% in the comparable period last year, and the EBITDA improved by 7.7% to €516m, while the running ...
Pakistan: FY12 to be a fortunate year for the entire cement industry
Pakistan cement sector profitability is on the recovery path due to higher local dispatches and rising prices. Low-tier companies are also on the way of recovery. Researching d...
HeidelbergCement 1Q12 affected by harsh winter in Europe and Turkey
HeidelbergCement's first-quarter turnover increased by 7.6% to €2799.4m but the EBITDA declined by 15.5% to €213.7m and the trading profit fell by 77% to a €13.8m. The lower ma...
Lafarge sees higher pricing in 2012
Lafarge said it expected higher pricing for 2012 after sales and operating profits rose in the first quarter, lifted by price increases for customers and stronger cement volume...
Italcementi to become strategic partner of West China Cement
Italian cement maker Italcementi said it has agreed to acquire a stake in West China Cement (WCC) as the group moves to strengthen its position in the world's largest building ...
Titan Cement 1Q12 loss widens as construction slows
Titan Cement Co SA, Greece’s biggest producer of the building materials, posted a wider 1Q12 loss as the country’s construction industry slowed and bad weather conditions hit t...
Thailand: SCCC records B1.28bn Q1 net profit
Siam City Cement Plc (SCCC) reported a 14.6% YoY increase of net profit yesterday, up to THB1.28bn (US$41.3m) for the first quarter on the back of strong domestic cement consum...
China looks to embrace sustainability
When Li Juan took a look at European quarries last year, she was amazed by what she saw. Li, who has been a researcher at the China Building Materials Academy for more than a d...
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