Sri Lanka to import cement from Pakistan early this month
Due to the rising demand for cement Sri Lanka is to import 10,000t of cement from Pakistan to meet its requirements.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Vulcan Announces first quarter results
Vulcan Materials Company announced first quarter net sales were US$772m compared to US$630m in the first quarter of 2007.
Prosperity Minerals issue of Notes with Warrants
Prosperity which operates a cement manufacturing business in the People’s Republic of China and an iron ore business serving the same market
Recent capacity additions likely to soften cement prices, India
The Indian cement industry has added close to 15Mta capacity in the last quarter, including 10Mt in March alone, resulting in moves that might bring down cement prices in the ne...
Athi River Mining in Sh1.2bn rehabilitation project
Kenya’s Athi River Mining has set aside Sh1.2bn to upgrade its Kaloleni cement plant.
Goldsun mulls acquisition in Fujian Province, China
In an attempt to expand production of cement, Goldsun Development & Construction Co of Taiwan’s will set up new plants and acquire others in mainland China.
Cemex UK sales on the slide
Cemex has said that sales across all its products in the UK will be down this year, according to
Tasek on the look out for more acquisitions
Malaysian maker Tasek Corp Bhd, which recently announced a RM751m purchase, is still on the lookout for more acquisitions.
Indonesia’s Indocement 1Q net profit more than triples
Indonesia’s second-biggest cement maker, PT Indocement Tunggal Prakarsa, said Friday its net profit more than tripled in the first quarter ended March, aided by
Heidelberg, Lafarge, Birla Group lead L&T unit bidders
HeidelbergCement, Lafarge and India’s Aditya Vikram Birla Group are the lead bidders for the ready-mix
UAE cement plants committed to fixed prices
HE Mohammed Ahmed bin Abdulaziz Alshihhi, Under Secretary of the Ministry of Economy, affirmed
China: urban development pushes cement demand up
China’s urbanisation, new rural development and infrastructure investment boost the demand for cement in 2008-2010,
Bulgaria’s Devnya Cement to invest in capacity upgrade
Bulgaria’s Devnya Cement, part of Italcementi Group, will invest over EUR250m (US$389m) to upgrade its plant,
UltraTech to set up plant in Gujarat
UltraTech Cement, a member of India’s Aditya Birla Group, has announced plans to invest
Malaysia: slow demand, rising costs to hurt Lafarge
Lafarge Malayan Cement Bhd’s YoY (YoY) cement sales growth rates are expected to decelerate over the remaining months this year,
Gebr. PFEIFFER AG to supply another MPS Mill to ACC, India
Gebr Pfeiffer AG and its Indian subsidiary Gebr Pfeiffer AG (INDIA) Pvt. Ltd. have been appointed by
Semapa 1Q net falls due to lack of one-time gain
Portugal’s Semapa said net profit in the first quarter to March dropped to EUR24.4m from EUR47.2m, due to a lack of the one-time gain booked in the first-quarter of 2007.
Venezuela Oil Min: some cement companies agree to JVs with state
Venezuela has offered foreign cement companies subject to nationalisation the chance to form joint ventures with the state, and
OCI profit jumps on more contracts
Egypt’s Orascom Construction Industries said its net income in 2007 grew by almost half from the previous year on a record number of construction contracts.
Saurashtra Cement net up 43% for Mar 2008 quarter
Saurashtra Cement announced a substantial rise in standalone net profit for the quarter ended March 2008.
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
