Standard Bank sees attractive East Africa demand growth
Standard Bank’s research team has initiated coverage of the three Kenyan cement producers and sees regional demand growing at an attractive rate. However,
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
UltraTech Cement to add 9.2Mta of capacity in FY14
UltraTech Cement has said it plans a capital expenditure over the next three years of around
FLSmidth signs agreement on future cooperation with Russian customers
In connection with the Russian Prime Minister’s state visit to Denmark, FLSmidth expects to sign
UltraTech full year results impacted by slower demand
Indian cement producer UltraTech Cement, part of the Aditya Birla Group, today announced a decline in full year sales to 31 March, 2011, with its performance hampered by slower ...
Ras Al Khaimah Cement’s 1Q revenue plunges
UAE-based producer, Ras Al Khaimah Cement has reported a fall in net profit of 90.9 per cent to AED0.27m (US$73,510) for the first-quarter of 2011, as the local market continues...
Malaysia’s Tasek Corp reports 16% YoY rise
Malaysian cement producer, Tasek Corp has reported a 16% YoY rise in 1Q11 net profit at MYR23.4m (US$7.8m)
Al-Rajhi Cement to issue bonds
Dubai-based Al-Rajhi Cement Holding said the company has issued JOD85m (US$119m) Islamic bonds for its unit in Jordan
Mbeya Cement loses tax appeal, Tanzania
Mbeya Cement Company Ltd of Tanzania will have to pay over TZS1bn (US$662,251) unremitted tax to the Tanzania Revenue Authority (TRA) after
Binani Cement reports quarterly rise, to hive off power division
Indian producer, Binani Cement, reported a rise in standalone net profit for the quarter ended March 2011 to INR581.5m
Taiwan producers report strong first-quarter China results
Thanks to a cement price hike in China, Taiwan’s leading cement producers which have invested in the country
Saudi Ministry begins naming price manipulators
Saudi Arabia’s Ministry of Trade and Industry began this week “naming and shaming” entities selling cement above the set ministry price of SAR14 per bag (US$3.7).
Venezuela to increase production
The Venezuelan government has presented a plan which will see cement production increase this year, particularly aimed at supplying housing projects.
Holcim mulls Philippines plant investment
Holcim Philippines is planning to invest around USD500m in a new cement plant to service an expected...
Jordan approves new cement plant licences
The Jordanian government recently approved a decision to grant licences to new cement factories on...
Holcim Philippines forecasts slower growth, may increase prices
Holcim Philippines expects cement sales volumes to grow at a slower pace of 3-5% this year amid...
Gresik forecasts 15% net profit in 2011, extends capacity
Indonesian cement producer PT Semen Gresik estimates its net profit will reach IDR882bn (US$102.3m)...
India obstructing Pakistan cement exports
The Bureau of Indian Standards (BIS) is delaying the issue of quality certification to Pakistani cement
Shree Cement invests in new 2Mta plant
Shree Cement, which is currently one of the biggest cement manufacturing companies in the northern
JK Group targets further cement investments
JK Group has announced a INR15000 crore investment plant, which will include INR7000 crore earmarked
Shiva Cement FY2010-11 dispatches up 7.2%
Shiva Cement Ltd has informed Bombay Stock Exchange that the dispatch of cement and clinker during the
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
