Cement industry news

15 Dec 2011 Environmental

Calera raises US$10.6m in venture capital

Calera, a developer of technology that converts carbon dioxide (CO2) into green building materials, has raised US$10.6m in a round of venture capital

15 Dec 2011 International

Vietnam: 2012 outlook remains cloudy

By the end of 2010, Vietnam Cement Association had predicted that in 2011, there would be about 9Mt of

15 Dec 2011 Corporate

Jidong Cement gets VAT refund, China

Tangshan Jidong Cement Co Ltd, a cement producer based in Hebei Province, said yesterday that it and its

15 Dec 2011 International

Prism plans cement plant in Andhra Pradesh, India

The Andhra Pradesh government in a recent clearance move has allotted 1000 acres of land to Prism Cement in

15 Dec 2011 International

ACC in coal venture as input costs rise

ACC Ltd is developing coal blocks in joint ventures with state governments to secure raw materials for its plants,

14 Dec 2011 International

Uncertain outlook for Spanish cement sector

Spanish cement consumption will continue to fall over 2012, and the companies estimate that the drop

14 Dec 2011 Corporate

Cemex receives payment for Venezuela assets

Cemex announced that it has received payment of US$600m from the Government of the of Venezuela and

14 Dec 2011 International

TCL withdraws Oilfields Workers’ Trade Union injunction

In a victory for the union, Trinidad Cement Limited (TCL) and its subsidiary, TCL Packaging Limited, withdrew its application

14 Dec 2011 International

Cemex threatened with pension strike ballot, UK

Cemex UK workers are threatening to hold an industrial action ballot over growing unrest about the company’s pension scheme.

14 Dec 2011 Corporate

Martin Marietta Materials launches US$4.7bn bid for Vulcan

Martin Marietta Materials, a leading US maker of crushed stone and gravel, on Monday unveiled a hostile

14 Dec 2011 Corporate

HeidelbergCement strengthens its financing structure

HeidelbergCement has successfully issued debt certificates in the amount of EUR289m, thereby further

14 Dec 2011 Corporate

Sika to acquire Axim from Italcementi

Sika is to acquire the global concrete admixtures and cement grinding aids businesses of Italcementi

14 Dec 2011 International

Ethiopia to launch Cement Technology Institute

The Ethiopian Ministry of Industry has approved of plans to establish a Cement Technology Institute in

14 Dec 2011 International

China cement prices drop for three consecutive weeks

Cement prices in China were down for the third consecutive week last week, dragged down by price declines in

14 Dec 2011 Corporate

JK Lakshmi Cement 2Q net profit up 13%, India

JK Lakshmi Cement today reported 12.67 per cent rise in net profit at INR6.49 crore for the quarter ended September 30.

13 Dec 2011 International

Brazil: Jan-November 2011 sales up 7.5 per cent

Preliminary data and market estimates reveal cement sales in Brazil during January to November 2011 reached 58.4Mt

13 Dec 2011 International

India Nov cement output up 20% YoY, down 2% MoM

India’s cement production in November was 14.08Mt, up 20% from a year ago but down 2% from a month ago,

13 Dec 2011 International

Recent order for Cargotec, Australia

Cargotec has won an order to supply Adelaide Brighton Cement with a Siwertell SSL 700 screw-type shiploader.

13 Dec 2011 Recent Orders

Camco International wins new contracts with Conch, China

Clean Energy and carbon emissions specialist Camco International announced that it has signed new contracts with China’s largest cement producer, the Anhui Conch Cement.

13 Dec 2011 International

Thai cement firms await government schemes

The Thai cement industry is waiting to see more details of the government’s programme for infrastructure