Multinationals look for Indian acquisitions
The Indian cement industry, which has seen some recent acquisitions by global players despite
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Eastern Province net profits inch up in 2Q, Saudi Arabia
Eastern Province Cement Company announced its 2Q-2010 results. Net profits inched up by 1.2% YoY
PACRA gives BB/B entity ratings to Maple Leaf Cement
The Pakistan Credit Rating Agency (PACRA) said it assigned BB long-term and B short-term entity
Singha Cement to help national venture, Sri Lanka
Italcementi Group, which started operations in Sri Lanka in 1998 has changed its name to Singha Cement
Qassim net profit falls, Saudi Arabia
Qassim Cement Company announced its 2Q-2010 results
Minister – imports not required in Nigeria
For Nigeria’s Minister of State for Finance, Mr. Remi Babalola, it does not make sense for Nigeria to
Cemex in Colombia program to improve housing for low-income families
On July 8, Cemex in Colombia launched its Bloqueras Solidarias program, which gives low-income
Saudi construction activity seen robust in 2010
Heavy public spending will ally with a shortage in housing units to keep the momentum in Saudi
Bangladesh to export cement bags to India
Bangladesh is set to export cement bags for the first time to India, diversifying the country’s exports.
Colombia’s Government to fine Cemex US$155m
Cemex acknowledges that while the environmental authority in Colombia has not made the notification
Southern Province profits fall 13% as rivals gain
Eastern Province Cement and Southern Province Cement experienced very different second quarters as the
Ministry responds to Port Louis project, Mauritius
The Minister of Environment replied to criticism by the opposition leader on the proposed cement plant
SOBOCE invests in improving Viacha plant
The Sociedad Boliviana de Cemento (SOBOCE) has expanded its Viacha cement plant,
Readymix expects €6.6m first-half loss, Ireland
Readymix is anticipating making another full-year loss in 2010, as trading conditions in the second half
Cimpor executive committee member resigns
Alvaro Luis Veloso has resigned from his post in the executive committee of Portuguese cement producer
Orient Paper plans cement plant in Karnataka, India
Orient Paper & Industries (OPIL) is likely to set up a cement plant in Karnataka with a capacity of 4Mta as
Lafarge raises US$186m from Malaysian unit stake sale
Lafarge has executed the sale of a minority interest of 11.2% in Lafarge Malayan Cement Berhad (LMCB)
Cement imports to Azerbaijan reduced
In January-May Azerbaijan imported about 554,800t of cement and cement clinker, which is 23.6 per cent
Russia’s Sibirsky Cement output up 2% on year in January–June
Russian holding Sibirsky Cement increased cement output 2% on the year to 1.29Mt in January–June, a
Lafarge to build plant in Uzbekistan
Lafarge will build a cement plant with a capacity of 2Mta in the Jizak region (central Uzbekistan),
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