Domicem inaugurates second line
Domicem inaugurates the second production line at its Sabana Grande de Palenque plant in San Cristóbal, Dominican Republic. The new line will increase the plant's production c...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Lucky Cement completes the biggest of its kind buyback of shares
Lucky Cement informed the Pakistan Stock Exchange (PSX) earlier this week that the company wants to announce the closure of the purchase period about the buyback of shares by t...
Building emissions can be reduced 70% by digital technology
Retrofitting buildings using a digital-first approach is the best pathway to decarbonisation, according to new research from Schneider Electric, the leader in the digital trans...
Sarbottam Cement issues IPOs in Nepali first
Sarbottam Cement has become the first Nepali company to float its initial public offerings (IPOs) at the book building price. According to myRepublica, the cement producer ha...
MPA letter calls for focus on skills and education
The Mineral Products Association (MPA) is one of six organisations who have signed an open letter to university leaders in the UK, setting out the essential role of materials,...
CEMEX supplies Vertua to Puerto Vallarta airport
CEMEX is supplying its Vertua lower-carbon concrete for the construction of Terminal 2 at Puerto Vallarta’s International Airport, Mexico, which aims to be one of the most su...
CRH sells lime business to SigmaRoc
CRH plc has agreed to divest its lime operations in Europe to SigmaRoc plc for a total consideration of approximately US$1.1bn. The lime business comprises 16 operating locat...
Canada welcomes government CCUS commitment
The Cement Association of Canada (CAC) says it is pleased to support the measures and investments announced in the Federal Fall Economic Statement to advance the Carbon Captur...
Zimbabwe import licence scheme drives down prices
On 10 November 2023 CemNet reported on how the Zimbabwean government has issued cement import licences to ensure supply while two of the country’s leading cement producers de...
Rupee appreciation continues to sustain cement exports from Pakistan
Pakistan’s cement industry has registered significant growth in cement and clinker exports during the first four months of FY23-24 (July-October 2023) due to the continued depr...
South Valley Cement sees revenue fall in 9M23
South Valley Cement Co has reported revenue of EGP592.5m (US$19.15m) in the first nine months of 2023, down from EGP614.09m in the same period a year earlier. Net losses afte...
CEMEX Ventures invests in digital solution
CEMEX Ventures, CEMEX's corporate venture capital (CVC) and open innovation unit, has announced its investment in Vizcab, a French start-up whose digital platform enables dif...
Aggregate Industries appoints group strategy and commercial growth director
Aggregate Industries , part of Holcim , has appointed Kaziwe Kaulule as its new group strategy and commercial growth director. With a career spanning over 19 years with the H...
Breedon posts 8% growth YoY in 10M23
Breedon Group has reported eight per cent growth in revenue YoY in the first 10 months of 2023, driven by robust pricing and operational excellence, that more than offset the...
CRH reaches agreement on Martin Marietta acquisition
CRH has reached an agreement to acquire a portfolio of cement and ready-mixed concrete (RMC) assets in Texas, USA, from Martin Marietta Materials for a total consideration of...
Oman Cement’s profits swell
In the first nine months of 2023, Oman Cement Co (SAOG) ( Hauxin Cement Group ) earned profit after tax of OMR7.355m (US$19.1m), compared to OMR4.638m in the corresponding pe...
Russian cement producers warn of escalating costs
Leading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to log...
CEMEX Espana to consider next step after EUR456 tax fine
CEMEX has announced that its subsidiary, CEMEX España, will pay approximately EUR456m in fines as a result of a tax audit in Spain that commenced in July 2011 and covered t...
Suitors line up for Vadraj Cement
JSW Cement , the Adani Group , and the ArcelorMittal Group are among the entities expressing an interest in acquiring India’s Vadraj Cement , according to Construction World...
RHI Magnesita opens new office in Mexico
RHI Magnesita has opened a new customer service hub in Monterrey, Mexico. The new offices are located in San Pedro Garza Garcia, Nuevo León. “We are proud to be expandin...
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