Russian govt to take action against monopoly in building materials industry
The state council for the implementation of priority national projects has exposed signs of monopolism in the sphere of building materials production.
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
National Cement moves forward on plans for nature preserve
Final plans will be unveiled next month for a 147-acre nature preserve donated by National Cement Co of Alabama.
China’s cement sales income increases in first eight months
China generated RMB239.902bn in cement sales income in the first eight months of 2007, up by 24.09% YoY, with the profits at RMB12.307bn, up by 24.09% YoY
Dalmia to invest INR14bn to expand capacity
Dalmia Cement (Bharat) Ltd plans to invest INR14bn to more-than-double its capacity to 8Mt by March 2009,
Semapa says Secil’s planned Angolan cement line approved
Semapa SGPS said that the Angolan government has approved its initial investment of around EUR90m in a cement and clinker production line for its Secil unit’s Angolan divi...
Shree Cement to set up 6Mt plant in Madhya Pradesh
Shree Cement Ltd today signed an MoU with the Madhya Pradesh government for setting up a 6Mt cement plant at Katni
PPC CEO says sees 6-8 per cent sales growth in 2008
South African cement maker Pretoria Portland Cement (PPC) expects sales growth of 6-8 per cent this current financial year and is upbeat about prospects beyond 2010,
Sub-prime crisis to extend into next two years; recession possible
Despite recent Federal Reserve actions, the sub-prime crisis will adversely impact investment and public spending through 2010
KCL assures govt to complete work on Khrew plant by April ’08
The Jammu and Kashmir Cements (JKCL) on Saturday assured the state Chief Minister Ghulam Nabi Azad that work on its new cement plant at Khrew will be completed by April next.
Raysut profit up on surging cement demand
Raysut Cement, Oman’s largest cement firm by market value, made a third-quarter profit of OMR7.12m ($18.50m), an increase of 26.9% from the year-earlier period.
Uganda: Hima Cement Starts Shs185b New Factory
President Yoweri Museveni has commissioned the construction of a Shs185 billion cement plant in Kasese, the third of its kind in the country.
Rising cement sales buoy Grasim Q2 net
Diversified Birla group company, Grasim Industries, has reported a 50% rise in its net profit for the second quarter, l
Oborontsement to invest in cement plants in Belgorod region
Oborontsement ZAO plans to construct three cement plants in the Belgorod region with capacity of 3Mt each.
JK Cements net up 114 per cent
JK Cements today posted a 114 per cent increase in net profit at Rs 72.7 crore in the quarter ended on
Australian cement prices benefit from Chinese developments
Boral’s Australian heavy building materials profits have started the year well and are expected to advance in 2007/08 on the back of better prices and volumes as well as i...
Italcementi unit buys Verticalnet
Italian cement company Italcementi said on Friday its unit BravoSolution has agreed to buy U.S. supply management solutions firm Verticalnet in an all-cash offer worth $15.2 mil...
Titan Cement nine month net seen flat as Balkans help offset weaker US ops
Titan Cement’s nine-month group net profit is seen coming in flat at EUR212m, when it announces its results
Rinker boosts Cemex volumes
For the first nine months 2007, which included Rinker for three months, Cemex has reported at 16.2% increase in turnover to US$15,595.3m.
Egypt grants licences for six cement plants
Egypt granted six licences on Sunday to build greenfield cement plants as part of efforts to increase domestic supply,
FLSmidth sells Densit A/S to Illinois Tool Works Inc
FLSmidth has agreed to sell Densit A/S to Illinois Tool Works Inc. (ITW). The sale will take place in an all-share deal. The parties have agreed not to disclose the selling price.
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
