Land dispute halts Dangote’s Cameroon plant construction
Land protests have halted construction work on Dangote’s new cement plant in Cameroon, according to reports from the Cameroon Tribune. Despite having reached an agreement in...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Pikalevskiy Cement surpasses production target, Russia
Russian cement producer, Pikalevskiy Cement, part of the Eurocement group, produced 86,710t of cement in February – 0.5 per cent above its target. Meanwhile, cement shipment...
Dyckerhoff sales increase
German-based Dyckerhoff increased sales by EUR186.8m (or 13.2 per cent) to EUR1.6bn compared to 2012. The company said it benefitted considerably from a mild winter which facil...
Pakistan industry first-half profitability improves
A number of Pakistan cement manufacturers and exporters have posted profits after tax for the first six months of the current fiscal year against losses reported in 1HFY2011. T...
S&P revises down Lafarge outlook to ‘negative’
Standard & Poor’s (S&P) has revised its outlook on Lafarge from ‘negative’ to ‘stable’ while keeping its BB+ long-term and B short-term credit ratings on the French cement prod...
Akmenes sales increase 5%, Lithuania
Akmenes Cementas, Lithuania’s sole cement producer, posted a five per cent rise in sales for the first two months of 2012 to LTL13.4m (EUR3.88m) from LTL12.8m in the same perio...
Belgrod Cement increases shipments, Russia
Russia-based producer Belgrod Cement, part of the Eurocement Group, increased shipments by more than 30 per cent YoY in the first two months of 2012. Cement and clinker prod...
India reports rise dispatches
Indian cement dispatches registered 16.29Mt in February 2012, an increase of 9.8 per cent on February 2011, data from the Cement Manufacturers Association (CMA), shows. In term...
RHB upgrades Lafarge Malayan Cement
RHB Research has upgraded Lafarge Malayan Cement to ‘Market Perform’ from ‘Underperform’ and raised the target to MYR7.43 from MYR5.94. The research house says the new targe...
Bahrain urges producers to work at capacity
The government of Bahrain has urged cement importers and local producers to operate at full capacity to satisfy growing domestic demand. Dr Hassan Fakhro, Industry and Comme...
Argentina dispatches decline MoM
Cement dispatches from Argentina (including exports) during February 2012, reached 783,872t, representing a Month on Month (MoM) decline of 13.3 per cent compared to the previo...
Brazil February sales up 9.8%
Brazilan cement sales in February 2012 rose 9.8 per cent to reach 5.2Mt, latest data from Sindicato Nacional da Indústria do Cimento, shows. For the first two months of 2012...
Myanmar plant to improve Gresik distribution network
Following PT Semen Gresik’s announcement that it plans to construct a cement plant in Myanmar, a government official has said the new facility will be improve the company's dis...
Vicat improves turnover, but profits decline
Turnover improved by 25.5% in 2011 to €2265.5m, but the profitability declined, mainly because of Egypt and to a lesser extent the United States, and the EBITDA came off by 2.6...
South Cement to issue CNY1.5bn in bills, China
South Cement Co controlled by state-owned China National Building Materials Co, has announced plans to sisue CNY1.5bn worth of 365-day unsecured bills on the internet bank mark...
High court halts Lafarge plans to close Frangey site, France
The French High Court has blocked Lafarge’s plan to close its plant in Frangey, northern France until 25 November 2012. SeeNews France reports that the court has also annulled...
TCL, Union wage dispute update, Trinidad
The Oilfields Workers’ Trade Union (OWTU) and Trinidad Cement Ltd (TCL) are ready to restart negotiations in an attempt to resolve the wage dispute that has resulted in strike ...
Cemex extends tender date for exchange offer
Cemex has extended the early tender date for five exchange offers launched in February this year. The company has offered to exchange euro-denominated 4.75% notes due 2014 and ...
Indonesian February consumption rises 23.9%
Indonesia’s domestic sales rose 23.9 per cent YoY in February 2012, according to figures from PT Semen Gresik. February sales reached 4.1Mt, slightly higher than the 4.06Mt ac...
Semen Gresik to build 2.5Mta plant in Myanmar
State-owned Indonesian cement producer PT Semen Gresik, is reportedly expanding its operations into Myanmar by constructing a new plant as part of government expansion plans in...
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