Sanko receives credit line from IFC
Abdulkadir Konukoglu, board chairman of the Turkish Sanko Holding, announced that the company secured US$75m loan from the IFC and US$100m syndicated loan from a consortium of s...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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HeidelbergCement To Raise Cement Prices In 2007
Germany’s HeidelbergCement AG said Friday it will raise cement prices starting early 2007. Chief Executive Bernd Scheifele said Friday in a telephone press conference the ...
New kiln for Belarusian plant
The Belarusian Cement Works (BCW) in Kostyukovichi, Mogilyov region, has begun the construction of a new cement kiln with a 600tpd capacity, an executive with the enterprise&rsq...
Cement gets a reality check from private equity investors
One of the biggest beneficiaries of the present real estate boom in India seems to be the cement sector. This has led to a huge interest from private equity players in the sector.
Portland Cement looks for a new CEO
The board of directors of the East African Portland Cement Company (EAPCC) has appointed Mr Ndegwa Kagio as the acting managing director as an interim measure. The board resolve...
Romcim sales up 24.2 per cent YoY H1 2006
Cement producer Lafarge Romcim registered a 24.2 per cent YoY increase in sales value and a 21.4 per cent rise in volume in the first half of 2006.
Vietnam supplies pours 18.8Mt of cement
The Vietnamese cement industry produced 18.8 million tonnes of cement in the first seven months of the year, said the Ministry of Construction. Domestic cement makers have a com...
’Cement Plants Should be Built Overseas’
Rising demands for cement from the international market should be responded by the national cement producers by constructing cement plants overseas, especially in countries that...
HeidelbergCement Q2 operating profit jumps
HeidelbergCement reported operating profit of EUR498m (up from EUR325) operating profit on Friday, thanks to a recovery in demand in Europe, strong growth in North America and c...
EAPC boss resigns
The managing director of the East African Portland Cement Company has resigned. Mr Zakayo ole Mapelu stepped down three weeks after he was sent on forced leave. He handed in his...
New plant for Jamaica
Local firm Mainland International will this year break ground for its previously-announced cement manufacturing plant, that will, at full production capacity, be able to meet th...
Rugby Cement warned over fuel burning scheme, UK
Owners of the Rugby Cement works have been warned they must prove a proposed fuel burning scheme is not not ’harmful’ to the town. About 100 residents and councillor...
Brennand sets cement plant in Minas Gerais, Brazil
The Brennand group, from Pernambuco state, is to invest R$286m in setting up a cement unit at Sete Lagoas (Minas Gerais); works will begin in 2007 and should be concluded as of ...
Siam Cement unit to develop alternative fuel for industries, Thailand
Siam Cement Group is taking part in a government-backed project to develop coal-water mixture (CWM), a coal-based fluid fuel, and promote it as a substitute for imported fuel oil.
JK Cement to invest INR7.5bn in new plant, India
JK Cement Ltd. will invest more than INR7.5bn to set up its fourth plant in the southern Indian state of Karnataka to increase marketshare in the region, a senior official said.
Lafarge improves volumes and margins, investment plans in China
Lafarge’s turnover increased by 21.3% to EUR 8,759m and the EBITDA by 31.5% to EUR 1,699m. The trading profit before exceptional items pushed ahead by 40.6% to EUR 1,177m, while...
Hanson’s British volumes decline
Hanson increased first half turnover by 14.4% to £1,998.2m, with the EBITDA advancing by 16.4% to £322.5m and the trading profit by 15.8% to £228.4m, with
Athi River Mining profits rise to Sh$175m
Athi River Mining’s half-year profits went up by 41 per cent in the six months ending June this year. The company made Sh175.5m, up from Sh124.7m in the same period in 200...
Semen Kupang on the brink of bankruptcy, Indonesia
State-owned cement maker PT Semen Kupang in Kupang is on the brink of bankruptcy, a company official said. The company needs Rp50bn (US$5.5m) i
Carib Cement second quarter loss
For the second quarter to June 30, 2006, Carib Cement reported a loss of $43.7m which, when added to the first quarter loss of $190.6m that includes $160m for claims relating to...
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