EBRD, IFC Lend $60m to Albanian cement producer
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) signed a US$60m loan deal with a leading Albanian cement maker to hel...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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CEMEX sees Q3 EBITDA higher
Cemex sees Q3 EBITDA at US$645m, up 13 per cent from the year earlier period, while operating income is expected to be about US$485m, up 20 per cent. Third quarter revenues are ...
Boral eyes Florida tile market
The Australian-based building materials group Boral is investing US$12m in a clay tile plant joint venture on Trinidad to supply the Florida market. Boral’s joint venture partn...
Lafarge widens first half margins
On the back of a 7.0% increase in turnover to €6,794m, Lafarge increased the operating profit at the EBITDA level by 18.2% to €1,317m and the trading profit by 30.7% to €876m. H...
China’s cement industry data
China’s cement production reported good performance in the first seven months of this year, posing a bettering efficiency, sound operation, and growing export. China prod...
Manila to lift order halting sale of Cemex cement
The Philippine trade department said on Thursday it would lift an order stopping a local unit of Mexico’s Cemex from selling and distributing its products, after a partial...
ENCI allowed to exploit local quarry until 2029
The Provincial Executive of the southern Dutch province of Limburg will grant permission to Dutch cement factory ENCI to extract marl from the quarry near Sint Pietersberg until...
Fancesa eyes Soboce plant
Bolivian cement producer Fancesa is seeking to acquire the Warnes operation of the country’s leading cement producer Soboce, local paper El Deber reported. The Warnes tra...
Cemento Nacional sells non-core assets
Ecuadorian cement producer Cemento Nacional (CN) has sold non-core assets to maintain a focus on cement, concrete and aggregate production, daily newspaper Hoy reported. Five f...
Mexico, US Officials take steps to clean up
With 5 million discarded tires littering the background, the US and Mexico announced an accord Thursday to clean up the mountains of rusty cars, smashed school buses and rotting...
St Lawrence Cement’s New York plant inches forward
St. Lawrence Cement Group Inc. has been engaged for the past several years in the process of obtaining the necessary permits for a replacement cement plant in Greenport, N.Y. Th...
Taiwan Far Eastern Group to launch cement factory in Sichuan
Taiwan Far Eastern Group will inject US$250m in construction of a 4Mta cement factory in Sichuan Province, according to Douglas Tong Hsu, chairman and CEO of the group, who was ...
Cemex CEO calls legal protections in Philippines weak
The head of Mexican cement giant Cemex SA (CX) complained Thursday about a recent tiff with the government of the Philippines, one of more than a dozen countries where the compa...
Strong cement sales; weaker prices
A Buy recommendation on Siam City Cement is reiterated with a share price objective of Bt265. The price objective is based on discounted cash flow with a sustainable growth rate...
CR Cement to acquire cement plant
China Resources Cement Holdings, one of the largest suppliers in south China, will soon acquire a project from its parent company as part of its $1 billion capital expenditure t...
SCCC set to utilise full capacity of its cement kilns
Siam City Cement Plc (SCCC) plans to restart the last two of its six kilns by the end of this year to maximise its production capacity for the first time since the financial cri...
Solid Cement to shut Antipolo plant
Cemex Philippines has made good its threat to shut the cement plant of its unit, Solid Cement Corp., in Antipolo, a move that will affect about 175 workers. Solid Cement was to...
Egyptian Cement Output in May
Egypt’s cement output reached 2.439Mt in May 2004, down from 2.502Mt in April 2004, the Central Bank of Egypt (CBE) said in a report. Local cement sales totalled 2.177Mt ...
EBRD to sign Albanian deal
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it would sign a deal to support Albania’s cement industry in the coming days. The deal will ...
GCC’s domestic expansion options limited
Mexican Cement maker Grupo Cementos de Chihuahua’s limited expansion opportunities in Mexico and dependence on operations in Chihuahua state hinder its credit rating, Stan...
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