Summit Materials' cuts ribbon on Houston DomeSilo
On 22 October Dome Technology's vice president of operations Dan South attended Summit Materials Inc' ribbon cutting for its new DomeSilo, a structure 38.1m (125ft) in diamet...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Indonesian cement exports contract but clinker exports expand
Cement exports from Indonesia saw a 12.2 per cent YoY drop to 90,401t in September 2024 from 103,002t in the equivalent period of 2023. However, a two per cent growth in clinke...
Kanodia Cement raises funds for expansion
Kanodia Cement (India) is planning to expand its cement capacity to 10Mta (from 5Mta) and is looking to raise funds for such an expansion through a public issue. Kanodia ...
New EU Commission continues green focus – market testing to major support levels, driven down by energy complex
The newly appointed EU Commission has a greener focus but also prioritises EU competitiveness. The Danish Commissioner for Energy and Housing could focus on energy savings in b...
Power Cement appoints Muhammad Arif Habib as chairman of the board
Power Cement Ltd has announced the appointment of Muhammad Arif Habib as its new chairman of the board, effective October 28, 2024. Mr Habib replaces Nasim Beg, marking a sig...
Cemex reports 3Q24 net sales of US$4bn
Cemex reported an EBITDA of US$747m and net sales of US$4.09bn in the 3Q24 in a period. Weather impact accounted for a little less than half of the LtL EBITDA shortfall in th...
Indonesia's cement market contracts 3% in September
Cement sales in Indonesia in September 2024 declined by 2.9 per cent YoY to 6,073,134t from 6,254,889t in September 2023, according to data from the Indonesian cement associati...
Carbon Clean launches columnless CycloneCC C1 carbon capture series
Carbon capture company Carbon Clean has announced the launch of its breakthrough CycloneCC C1 series, marking the penultimate stage in the technology’s commercialisation. The C...
Lucky Cement presents a mixed result in 1QFY24-25
Pakistan’s largest cement producer, Lucky Cement Ltd , announced its financial results for 1QFY24-25 on the Pakistan Stock Exchange (PSX) website on 28 October. The company po...
JK Cement announces 75% drop in net profit for 2Q24
JK Cement Ltd has announced a steep 74.7 per cent YoY drop in its net profit for the July-September 2024 quarter, with earnings falling to INR452m (US$5.38m), far below analy...
Puerto Rican cement consumption increases 3% in September
Puerto Rico’s cement market contracted by 4.9 per cent YoY, seeing sales of 52,185t in August 2024 when compared with sales of 54,868.8t in August 2023, according to the Center...
Northern Cement posts 71% YoY rise in 3Q net profit
Northern Cement Co (Jordan) has reported its 3Q24 unaudited financial results. The company reported consolidated sales of JOD43.279bn (US$61.042bn), representing a 16 per cen...
RAK White Cement reports AED28.5m profit in 9M24
Ras Al Khaimah Co for White Cement and Construction Materials (RAK White Cement) saw its third-quarter (July-September 2024) revenue increase by 7.5 per cent to AED63.21m (US...
Puerto Rico’s cement market contracts in June but sees July recovery
Puerto Rican cement sales declined by 6.9 per cent YoY to 50,694t in June 2024 from 54,442.8t in June 2023 but recovered in July, increasing by 12.9 per cent from 48,478.8t in ...
Zimbabwe considers limestone deposit consolidation amid efforts to reduce cement costs
The government of Zimbabwe is exploring the consolidation of limestone deposits under either the Industrial Development Corporation of Zimbabwe (IDCZ) or the Ministry of Mines ...
Dangote reports increase in group EBITDA of 27%
Dangote Cement Plc has reported strong financial results for the nine months ending 30 September 2024, with group revenue increasing by 69.1 per cent YoY to NGN2.56trn (US$1....
ACCSION CO2 capture project wins EUR220m EU Innovation funding
Aalborg Portland A/S ( Cementir group ) and project partner Air Liquide have received EUR220m in support from the EU Innovation Fund to establish a large-scale CO 2 capture ...
Fauji Cement saw profit rise to 24% in 1QFY24-25
Fauji Cement has informed the Pakistan Stock Exchange (PSX) about its financial results for the 1QFY24-25, which ended on 30 September 2024. The company earned a profit after...
Thatta Cement Co experienced a significant rise in profit in 1QFY24-25
Thatta Cement Co Ltd in Pakistan announced its financial results on 25 October. It reported earnings of PKR597m (US$2.15m) for the 1QFY24-25. The YoY growth of 392 per cent i...
OPEC+ struggles to support oil as petcoke offers tempting discounts
In a market dominated by geopolitical news from the Middle East (Israel–Hezbollah–Gaza) and a new nuclear doctrine from Russia, which puts the next steps in the war in Ukraine ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
