The keys to CCUS success
Writing in the May issue of 'International Cement Review' ahead of the IEEE-IAS PCA Cement Conference in Denver, USA, this week, Rick Bohan, senior vice president, sustainabi...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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InterCement signs exclusivity agreement with CSN
Following its market announcement of 23 February 2024, InterCement Participações SA announced that in the context of the competitive process, organised by Banco BTG Pactual, ...
Heidelberg Materials acquires Malaysia's largest pulverised fly ash supplier
Heidelberg Materials has entered into a definitive purchase agreement to acquire ACE Group,the largest supplier of pulverised fly ash in Malaysia, effective 1 May 2024. The a...
Wietersdorf invests in renewable power in Slovenia
Austria-based Wietersdorfer Group will be participating with Austrian experts in the energy sector to achieve its goal in producing carbon-neutral cement by 2035. Through AAE...
Orient Cement posts INR682 4Q net profit
CK Birla Group subsidiary Orient Cement Ltd reported a 1.4 per cent uptick in revenue from operations to INR8.88bn in January-March 2024 when compared with the equivalent q...
Pakistan cement association voices concerns over law and order
The All Pakistan Cement Manufacturers Association (APCMA) has expressed its concerns over the deteriorating law and order situation in Pakistan. “The law and order situation ...
Petcoke discount remains in cheap zone with good potential
By Frank O. Brannvoll, Brannvoll ApS, Denmark Coal moved higher on the back of geopolitical tensions and was supported by oil and gas prices. Petcoke FOB picked up slightly ...
APC elects Saïd Elhadi as new president
Morocco's cement association, APC, has elected Saïd Elhadi as its new president, it said in a press statement. Mr Elhadi, president of LafargeHolcim Maroc , will take over fro...
BUA Cement CFO Jacques Piekarski resigns
BUA Cement 's Chief Finance Officer and Executive Director, Jacques Piekarski, has resigned. Mr Piekarski held the post since 2 October 2020 following a position as Group CFO ...
Ambuja Cements announces record results
Ambuja Cements , part of the Adani Group , has reported record-breaking financial results for the 4QFY23-24 as well as the full year, ended 31 March 2024. According to the co...
Weak first quarter for Spanish cement
Cement consumption in Spain dropped a notable 23.6 per cent YoY in March 2024, to 1.102Mt, down from 1.144Mt in March 2023, according to the Spanish cement association, Infocem...
Phinma to invest in PHP2bn Davao plant
Philippines-based Phinma Corp plans to invest approximately PHP2bn (US$34.7m) in a new cement plant in Davao to further consolidate its presence in the cement market. "We’re p...
BUA Cement reports revenue growth in 1Q24
Nigeria-based BUA Cement has released its unaudited financial statements for the three months ended 31 March 2024. The company has posted revenue of NGN161,131m (US$114.4m) o...
CEMEX upgraded by Fitch Ratings
CEMEX has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S&P Global Ratings’ upgrade announced in Mar...
Holcim US scoops slag cement award
Holcim US has been recognised by the Slag Cement Association (SCA) as a winner in the 2023 Slag Cement in Sustainable Concrete Awards. The company was honoured in the Innovat...
Portuguese cement consumption up 13% YoY in February
Cement consumption in Portugal in February 2024 advanced by 13.4 per cent, compared to the same period a year earlier, according to the Association of Civil Construction and Pu...
Titan Group named a 'Climate Leader'
Titan Group has been recognised as one of ‘Europe’s Climate Leaders’ in the fourth edition of the prestigious list published by the Financial Times. Titan’s inclusion on the ...
Vicat sees 8% like-for-like advance in 1Q sales
Vicat reported a 1.2 per cent YoY (+7.9 per cent like for like (lfl)) uptick in consolidated sales to EUR911m in the first quarter of 2024 from EUR899m in the 1Q23. The company...
Vietnam exporters looking further afield
Cement sales in Vietnam continue to struggle versus their year-ago levels. Sales were down 17 per cent YoY to 5.113Mt in March 2024, from 6.161Mt a year earlier, according to t...
Huaxin Cement sees revenue advance 7% YoY
Huaxin Cement has posted revenue of CNY7.08bn (US$977m) in the first quarter of 2024, ended 31 March, up 6.9 per cent on the same period a year earlier. Net income over the s...
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