Colombia full-year output and consumption advances
Cement production in Colombia grew by 13.4 per cent during 2011, rising from 9.5Mt to 10.7Mt, as dispatches also increased 13.8 per cent over 2010 with 10.1Mt. According to ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Indian companies post January rise
UltraTech Cement, said shipments in January rose 11.2 per cent to 3.72Mt. Production increased 11.7 per cent to 3.78Mt the company, part of India's Aditya Birla Group, said in ...
Lafarge to cut 460 jobs globally
Lafarge, said it would cut 460 jobs globally as part of a corporate restructure. The French company said 90 roles would go in France, with the others stripped out of worldwide ...
China considers tougher emission rules for cement producers
China's environment ministry is considering launching stricter rules regarding NOx emissions from cement plants, which, if implemented, could sharply affect the net profits of ...
HeidelbergCement extends its €3bn credit facility
HeidelbergCement has secured an extension of its €3bn syndicated credit facility, which was due to mature at the end of 2013, until 31 December 2015. All 17 original lenders ha...
Nepal prices set to rise on higher production costs
Cement prices in Nepal are set to rise by an average NPR30-40/bag as production costs escalate. The increase is mainly attributed to rising petroleum and clinker costs, Nepal ...
Semen Baturaja green light for listing, Indonesia
The Indonesian government has approved PT Semen Baturaja as the sole state-owned enterprises that can perform an initial public offering in 2012.
Holcim acquires stake in Cementval Building Materials, Spain
Holcim has acquired a 19.99 per cent of the new venture Cementval Building Materials. The remaining 80.01 per cent is in the hands of Corporation F. Turia. The Valencian Tur...
ACC reports 8.8% rise in January dispatches
India’s No 2 producer, ACC Ltd, reported that dispatches in January increased by 8.78 per cent from a year earlier to 2.23Mt. The company, part of the Holcim group, said pro...
Attock Cement profit rises, Pakistan
Attock Cement Pakistan Ltd (APCL) has reported a YoY rise in first-half net profit of 116 per cent due to a rise in prices and an exemption in taxes. The Business Recorder n...
Tianshan Cement to issue new shares, China
Xinjian Tianshan Cement, based in Northwestern China’s Xinjiang Uygur Autonomous Region, announced that 100 million of its new shares will be tradable on 3 February, China Busi...
Ash Improvement Technology and Sika alliance
Ash Improvement Technology Inc (AIT) and Sika AG of Switzerland announced today that they entered a Strategic Alliance to develop products to help reduce the CO2 emissions rela...
Jaiprakash January dispatches rise 27%
India's Jaiprakash Associates said cement dispatches rose 27 per cent from a year ago to 1.96Mt in January. The engineering and construction company has a cement capacity of 2...
New Lafarge Romania CEO
Lafarge’s Romania unit has announced that Sonia Artinian has been appointed its country CEO as of 1 January 2012. Ms Artinian is responsible for Lafarge’s cement, aggregates a...
Prism Cement plans new Karnataka project, India
Prism Cement is planning to construct a new clinker plant in Gulbarga district, Karnataka, southwest India. The project is currently at the conceptual stage. Work on the facil...
Eurocement appointment, Russia
Vladimir Petrov has been appointed as General Director of Pikalevskiy Cement, a part of Eurocement Group of Russia. Pikalevskiy Cement operates in the Leningrad region.
Tebodin opens new China office
Consultant and engineering company, Tebodin, has set up its third office in China, this time in Nanjing, in Eastern China, 300km from Shanghai. Tebodin (Nanjing) Engineering...
Germany: stable market growth forecast
Latest forecasts for the German cement industry show that the market is expected to remain stable this year, underpinned by growth in the residential market. Boosted by a co...
Pakistan first half export review
During the first six months of the current fiscal year, Pakistan recorded over a 20 per cent decline in exports. However, the sector is hopeful for increased volumes for the r...
Boral sells Indonesian unit to Siam Cement
As part of its plan to sell non-core assets, Australian building materials producer, Boral has sold its Indonesian business for US$315m to the Siam Cement Group of Thailand. ...
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