Cementos Lemona temporary downsizing of operations, Spain
Cementos Lemona of Spain has presented a 161-day downsizing programme for its 123 members of staff its plant in Lemona, Biscay province, Finanzas reports. This is in light of ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Lehigh quarry development discussions, USA
Residents of New Windsor, Maryland, USA, are hoping that a public hearing will be granted by the US Army Corps of Engineers on a permit application by Lehigh Cement Co in relat...
Deutsche Bank maintains “buy” rating on HeidelbergCement
Deutsche Bank has retained its “buy” recommendation on HeidelbergCement and affirmed the EUR42.00 share price target.
Cemex in talks with Ireland’s Readymix for buyout
Readymix plc announced it had begun talks with Cemex Espana which has expressed interest in taking full control of the company. In a statement, Readymix said it had been inf...
Bolivian cement forecast to rise 10% in 2012
The Bolivian Institute of Cement and Concrete (IBCH) expects cement consumption this year will grow at a rate of 10%, but it is cautious that such a level that level of expans...
Mexican cement prices continue upward trend
Mexican cement prices in December were noted to reach one of its highest peaks and the rise has continued into the new year, according to local press reports. Results from a p...
Eurocement awards contract for new power facilities, Russia
Russia’s leading cement producer, Eurocement Group, is to build power facilities in the Samara region and has signed a contract with FGC UES for their construction. Power faci...
New general director of Lafarge France announced
Pascal Casanova has been named general director of Lafarge France. Mr Casanova joined Lafarge in 1999 after having worked with other construction firms. More recently he ser...
Hoang Mai Cement 2011 pretax profit, Vietnam
Hoang Mai Cement posted a pretax profit of VND151bn (US$7.19m) last year with revenues of VND1.47Mt. The company, listed on the Hanoi Stock Exchange, targets a pretax profit...
Mugher Cement seeks approval for exports, Ethiopia
Ethiopia’s Ministry of Industry has given approval to state-owned Mugher Cement to begin exporting to neighbouring countries as a drop in domestic demand has caused the produce...
British cement, aggregates and ready-mix markets probe confirmed
The UK’s Office of Fair Trading has confirmed it will refer the aggregates, cement and ready-mix markets of Great Britain to the Competition Commission. The decision to make...
Euro construction output rebounds in November
European construction output rose by 0.8% in the euro area (EA17) and by 0.4% in the EU27 in November 2011, compared with the previous month, data from the European Union’s st...
Flood factor hits Siam Cement 4Q11, Thailand
Siam Cement is expected to report weak 4Q11 net profit of THB3.3bn across all units, a fall 80 per cent YoY and 55 per cent QoQ, due to major floods which hit Thailand in the s...
Votorantim to use stake sale to invest in cement, mining division
Proceeds from the sale of Votorantim’s stake in steelmaker Usiminas will be used to fund expansion in its cement and mining divisions, Chief Executive Faul Calfat has said. ...
Discussions on proposed Pati plant continue, Indonesia
A planned cement plant by Indonesia’s PT Sahabat Mulia Saksi has entered initial discussions with a team of experts and will then proceed to the environmental impact analysis s...
Indian producers expected to post 3Q gains
Increased selling prices and improved sales volumes are expected to help Indian producers post a higher net profit for the October-December 2011 quarter. Aditya Birla is exp...
Cemento Andino expansion set for April completion
Expansion work at Cemento Andino’s clinker plant is expected to be completed in April this year, reports Generacion of Peru. The investment will see the company’s capacity incr...
Tongli Cement acquisition, China
Henan Tongli Cement plans to acquire 100 per cent of Yima Coal Industry (Group) Cement Co Ltd from its majority shareholder Yima Coal Industry (Group), Sinocast reports. In v...
Allied Cement: market challenges ahead, China
Allied Cement of China, which made its debut on the main board of Hong Kong’s stock exchange yesterday, said it faces slowing demand growth for its products on the back of the ...
Anhui Conch acquisition, China
Anhui Conch Cement plans to acquire Anhui Conch Venture Capital’s no 4 and 5 energy saving equipment factories, and relevant land use rights, for a total of CNY22m, reports Sha...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
