Cemex move to improve balance sheet
In a further move to reduce the debt on its balance sheet in the wake of the cash acquisition of RMC Group, Cemex has sold assets valued at US$91.6m to its existing joint ventur...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
GCC Countries cement exports up
Cement exports and re-exports from the six Gulf Cooperation Council (GCC) countries rose by 23.9% YoY to 3.5Mt in 2004, according to a report of Qatar-based Gulf Organization fo...
Duty on cement import waived, Pakistan
Economic Coordination Committee (ECC) has allowed the import of cement without withholding tax and customs duty, but imports will continue to be subject to sales tax.
90% of construction works in the Amran project complete, Yemen
Ishikawajima-Harima Heavy Industries Co., Ltd, Japan (IHI), has completed 90% of constructive works and 60% of technical works on the Amran Cement Plant Expansion Project, acco...
Exports of cement boom, local sales fall, Cyprus
Exports of cement increased by 19.1% year on year in the first seven months of 2005, according to the latest data from the Statistical Service. However, Local sales rose by 2.8%...
Cimsa H1 2005 net profit up 169% YoY
Turkish cement producer Cimsa increased its net profit by 169% YoY to TRL53.3m (US$39.4m) in the first half of 2005.
Holcim purchases all Holcim (Cesko) shares
Holcim has taken over all shares in its Czech unit Holcim (Cesko) after a squeeze-out, company lawyer Helena Lebedova said. The Swiss major will pay minority shareholders in th...
Gujarat August cement shipments rise 12%, India
Gujarat Ambuja Cements Ltd, India’s third-biggest cement maker, said its August shipments rose 12 per cent on year to 981,000t. Ambuja’s cement production in the sa...
Revamp for Southern Highlands’ cement mill, Australia
The NSW Government has approved the construction of a $25m upgrade of a cement mill in the Southern Highlands. The upgrade of the Blue Circle cement mill at New Berrima will ena...
Red River Delta output to raise by 2010, Vietnam
The Ministry of Construction has mapped out a cement production development plan in the Red River Delta up to 2010, aiming to raise annual cement output to 18Mt by that year in ...
Cemex expands venture with Ready Mix USA
Cemex has said it is expanding its recent US venture with Ready Mix USA, a move that will bring it almost US$92m for handing operations to the venture.
Shareholder meeting of Semen Padang cancelled
The plan to conduct shareholders meeting of Semen Padang and Semen Tonasa had been cancelled from the initial schedule of yesterday. The shareholders meeting had not been resche...
Dontsement appoints Galant board chairman
Council of shareholders in the Dontsement cement producer (Amvrosiivka, Donetsk region), who are performing the functions of the company’s supervisory board, have appointe...
Lafarge India shuffles top deck after entry of new CEO
Lafarge India has embarked on a top-level management reshuffle, close on the heels of Uday Khanna taking over as its new CEO. Shivesh Sinha, the company’s CFO till recentl...
China Resources to buy Guangxi Yufeng stake, China
China Resources Cement Holdings Ltd said it has agreed to acquire the remaining 9.1% stake in Guangxi Pingnan China Resources Yufeng Cement Co Ltd that it does not already own f...
Second half looks brighter for Malaysian cement makers
Three of the four listed cement players in the country – Cement Industries of Malaysia Bhd (Cima), Lafarge Malayan Cement Bhd and Tasek Corp Bhd – have posted losses for the qua...
Amran Cement Plant Expansion Project
Ishikawajima-Harima Heavy Industries Co., Ltd, Japan (IHI), has completed 90 per cent of constructive works and 60 per cent of technical works on the Amran Cement Plant Expansi...
New fears over dumping of cement plant’s waste
Castle Cement wants to bury waste from its new £54m kiln in Padeswood, Buckley, rather than transport it to a site near Mold. The application is due to go before Flintshire Coun...
Vietnam to raise Red River delta cement output
The Ministry of Construction has mapped out a cement production development plan in the Red River Delta up to 2010, aiming to raise annual cement output to 18Mt by that year in ...
Oversupply drags down coal prices in China
Domestic coal prices have retreated slightly on the back of a moderate oversupply in the fragmented sector and analysts predict the downtrend will continue through 2007. Prices ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
