TCL: strike negotiations on the cards, Trinidad
General manager of Trinidad Cement (TCL) Satnarine Bachew said yesterday that some striking works have responded to the company’s invitation for individual negotiations and ret...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Grasim appoints managing director, India
The Aditya Birla Group of India on Tuesday appointed KK Maheshwari as managing director of Grasim Industries as the company prepares to grow its businesses in India and oversea...
Jefferies reports advances in January consumption
Latest analysis from Jefferies International shows that cement consumption increased in January in 13 of the 17 countries for which it has data. Monthly demand rose for two ...
Holcim Indonesia net profit advances
Holcim Indonesia reported a rise of over 20 per cent in revenue and net profit last year, as the company progresses with plans to raise capacity in this thriving market. The...
Turkish cement forecast to rise five per cent
The Turkish Cement Manufacturers Association (TCMB) forecasts that consumption could rise five per cent in 2012. Mustafa Guclu of the TCMB said domestic sales could reach 58...
Venezuela to increase cement output
Venezuela is expected to produce 8.3Mt of cement in 2012 from 7.7Mt last year, to help boost the development of the country’s infrastructure as well as support the government’s...
Shriram EPC to buy 68% stake in Jayajothi Cement, India
Shriram EPC confirmed it would buy a 68 per cent stake in Sree Jayajothi Cements Ltd, along with its group companies, reports the Business Standard of India. The acquisition wi...
Conch sees China demand rising, Indonesian plans proceeding ‘smoothly’
Chairman of Anhui Conch, Guo Wensan, has said that Chinese cement demand growing despite curbs on the housing market. Speaking to Dow Jones Chinese Financial Wire on the side...
Nevyanskiy Tsementnik monthly production beats target, Russia
Nevyanskiy Tsementnik, which operates in the Sverdlovsk of Russia, produced 72,747t of cement in February 2011, exceeding the company’s plan by seven per cent. Clinker output, ...
Holcim Phillippines expects sales recovery
Holcim Philippines Inc expects sales to recover this year on positive economic indicators alongside an anticipated early-spending boost in the run up to the 2013 elections, rep...
New order for Renault Premium from Hanson UK
Hanson Cement, has taken delivery of six Renault Premium 460.25 6x2 tractor units with Privilege cabs. In an important deal for Renault Trucks UK, these are the first Renault ...
China Resources 2011 sales rise, expansion plans
China Resources Cement Holdings, reported a rise in revenues for 2011 and outlined plans for further capacity expansion. The company, which is the largest cement producer i...
US shipments edge ahead in 2011
Total shipments of Portland and blended cement in the United States and Puerto Rico for December 2011 were 4.8Mt. This was 16% higher than shipments in December 2010.Although s...
Saudi Arabia removes restrictions on cement imports
Saudi Arabia removed restrictions on cement imports to secure extra supplies at a stable price, the Ministry of Commerce and Industry said. “There are no restrictions on cem...
Iran cement exports rise 17 per cent
Iran exported over 9.3Mt of cement in the first 11 months of the year (ends 19 March 2012), representing a 17 per cent YoY rise, IRNA news agency reported. Clinker exports duri...
Chavez authorises investment, company name change
Venezuela’s president, Hugo Chávez has authorised VEF43m (US$10m) to build a new quarry for cement production. The executive also approved changing the name of Cemex Venezue...
Southern Province new line begins production, Saudi Arabia
Southern Province Cement (SPC) said the production line at its Tuhama plant started commercial production last week. The new 5000tpd line brings the Tuhama plant capacity to...
Italcementi’s profits drop by four-fifths
Italcementi’s turnover edged ahead by 1.3% in 2011 to €4720.5m but the underlying EBITDA came down by 17.2% to €697.3m and impairment charges saw the trading profit drop by 65....
Ambuja production rises 11.28%, India
Ambuja Cements reported an 11.28 per cent rise in production in February 2012 to 1.99Mt from 1.79Mt in February 2011. Meanwhile, dispatches reached 2Mt compared with 1.77Mt the...
New UK construction orders fall more than 15%
The prospects for construction output weakened still further as the latest new orders figures from the Office of National Statistics for the final quarter of 2011 showed a fall...
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