Wait-and-see
All dry bulk markets recorded a strong correction, which surprised everyone. Contrary to the previous weeks the Capes have been the most affected in this global downturn. The fe...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Concrete shortage in southern Florida
Miami: With news of the local Tammac ready-mix plant burning down a couple weeks ago and another plant in central northern Florida out of action and Rinker the leading domestic ...
President opens US$100m Domicem works
The Dominican Republic’s President Hipólito Mejía inaugurated a US$100m cement plant for company Domicem, the Diario de Hoy reported. The plant, located in south-central S...
Vinay Cement, India
Vinay Cements Limited and RCL Cements Limited, a part of the BK Group of companies, have good times following a huge demand from the housing and infrastructure sector. The combi...
Somaliland to reopen cement factory
The Somaliland president, Dahir Riyale Kahin, has announced plans to re-open the Berbera cement factory, after it had been closed for more than a decade. Mr Riyale said the fac...
Cement to Sri Lanka
More than 3000 tonnes of cement is now being loaded in two ships at the Nagapattinam port, India for export to Sri Lanka. Official sources told The Hindu that about 2050 tonnes ...
Huaxin Cement commissions new line
Huaxin Cement recently opened a clinker line in Weiyuankou, Yangxin county, Hubei province, central China, with a production capacity of 6000tpd. The line will increase the ann...
Kuwaiti to sell
Kuwaiti state-run Kuwait Investment Authority (KIA) will sell its stake in the UAE cement maker Gulf Cement Company at a public auction, it was reported on May 3, 2004. The aut...
Holcim Slovakia
The board of directors of the largest cement producer in Slovakia, the joint-stock company Holcim (Slovensko) proposed not to pay dividends from last year’s profit. The bo...
Cementos Lima Q1 profits
Cementos Lima, Peru’s leading cement producer, has reported an increase in net profit of 3.6 per cent for the first quarter 2004 on net sales of 137mn soles (US$39.4m) com...
Consumers complain over price hikes
Monrovia, Liberia: Following reports of hike in the price of cement, some consumers have blamed dealers in Monrovia and its environs for allegedly creating artificial scarcity o...
Indocement net loss
JAKARTA: Cement maker PT Indocement Tunggal Prakarsa said it sustained a net loss of Rp2.99 billion (US$348,800) in the first quarter of this year as against a net profit of Rp2...
India Associated Cement price rise likely
Associated Cement Companies Ltd (ACC), India’s second largest cement producer, is likely to raise prices this week due to strong demand, a senior executive told Dow Jones ...
Ciments Francais back to profit Q1 2004
French building materials producer Ciments Francais, 74.7 per cent owned by Italian cement group Italcementi, swung to a net profit in the first quarter of 2004, due to good wea...
Egyptian National Cement
National Cement’s clinker output rose 2.74 per cent year-on-year to 2,148,184t, while cement production grew 8.5 per cent to 2,101,771t. Cement sales reached 2,079,997t, u...
Gujarat Ambuja looking for acquisitions
Gujarat Ambuja Cements will be scouring its own territories in the North and West regions of India for acquisitions, according to local reports. "Our penetration is deep in Guja...
Cemex To Invest $100m in Mexico
Mexican cement producer Cementos Mexicanos SA (Cemex) will invest $100m in Mexico in 2004, out of the company’s $400m worldwide investments planned for 2004, Cemex preside...
Further restructuring to come at RMC
The RMC Group is expected to announce a further series of restructuring measures towards the end of June, when the current review of the new chief executive, Mr. David Munro, as...
RMC says trading similar to last year, on track for earnings recovery
RMC Group PLC said that with nearly four months gone this year, nothing has caused the company to change its view that, with the exception of Germany and the US, trading conditi...
Ash Grove, Alamo team up on Houston terminal expansion
Ash Grove Cement Co. and San Antonio-based Alamo Cement Co. have announced a venture to build a Port of Houston cement terminal with annual throughput capacity of 1.5Mt. The ven...
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