Dewan Cement reports PKR115m loss in 1QFY23-24
Pakistan cement producer Dewan Cement Ltd (DCL) , subsidiary of Mega Conglomerate Ltd , announced its financial results for the 1QFY23-24, which ended 30 September 2023, on ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Cementos Pacasmayo reports 3% EBITDA gain in 3Q23
Peru-based Cementos Pacasmayo has reported a revenue of PEN516.7m in the third quarter of 2023, a 6.7 per cent decline when compared with the 3Q22. Dispatch volumes of cement...
ACC Ltd reports YoY rise in revenue
India’s ACC Ltd has reported total income of INR46,425.3m (US$557.7m) in the quarter ended 30 September 2023, down from INR52,793.5m in the previous quarter but up from INR40...
Fauji Cement Co reports capacity utilisation of 64% in 1QFY23-24
Fauji Cement Co Ltd (FCCL) announced its financial results for 1QFY23-24, which ended on 30 September 2023, at the Pakistan Stock Exchange (PSX) on 25 October. The co...
Strong 3Q results from Vulcan boost full-year forecasts
Vulcan Materials Co has reported revenues of US$2186m in the third quarter of 2023, up from US$2088m in the same period a year earlier. Gross profit over the same timeframe ha...
WCA director calls for industry to decarbonise now
The World Cement Association’s (WCA) Director, Ali Emir Adiguzel, addressed a gathering of distinguished industry leaders on Tuesday at the WCA's 6 th Annual Conference, takin...
CEMEX utilises by-pass dust for agricultural use
CEMEX and waste management company Silverwoods are utilising by-pass dust (BPD) from the CEMEX Rugby cement plant for agricultural purposes, supporting the circular economy. ...
GCC reports 18% rise in sales in 3Q23
Mexico-based cement producer GCC has reported consolidated net sales of US$416.1m in the 3Q23, up 17.9 per cent YoY. This was primarily due to increased cement and concrete v...
Pakistan's central bank reports fall in exports in FY22-23
The State Bank of Pakistan (SBP) released its annual report on the State of Pakistan’s Economy for the fiscal year 2022-23 on 23 October. In a brief review report on cement, t...
Adani Cement completes refinancing package
Adani Cement , through Endeavour Trade and Investment Ltd, announced the successful completion of its refinancing programme for acquisition debt taken for Ambuja Cements an...
Holcim Algeria buys automatic ship loader for Djendjen port operations
Holcim Algeria invested EUR3m in an automatic ship loader for its operations at Djendjen port. The 18,000tpd ship loader will speed up clinker loading at the port, reducing...
FLSmidth Cement appoints new president
Christopher Ashworth has been appointed the new president of FLSmidth Cement . He succeeds Asger Lauritsen who stepped down from the role in August this year. Roland M Anderse...
Unacem reports 12% fall in sales in 9M23
Peru-based cement producer Unacem has reported an 11.6 per cent drop in cement production to 4.38Mt in the opening nine months of 2023. Clinker production over the same perio...
Holcim España invests in renewable fuels at Carboneras plant
Holcim España has reinforced its commitment to decarbonisation by investing in facilities for the use of renewable fuels at its Carboneras cement plant in Almería, Spain. T...
Domicem commissions new kiln, doubles capacity
Domicem , a subsidiary of Colacem SpA (Italy), commissioned a new kiln line at Sabana Grande de Palenque , San Cristóbal province, in the Dominican Republic, on 13 October...
FLSmidth awarded new service contract
FLSmidth will support a leading cement producer to improve the reliability and performance of its operations in Latin America. The new contract builds on a long-standing rela...
Climate pledges must be on time and in full, warns the IEA
Despite an “unstoppable” shift towards clean energy, demand for fossil fuels is still far too high to keep within the Paris Agreement's 1.5˚C goal. That is just one of the find...
Carbon price keeps falling, driven by lower gas and coal prices
By Frank O. Brannvoll, Brannvoll ApS, Denmark The carbon market was almost unchanged at EUR81 after having reached EUR86, but lower oil, gas and coal prices pushed the EUA d...
MPA welcomes electricity network compensation in UK
UK producers of cement and lime have welcomed the government's plans to boost UK competitiveness through compensating for high network charges as part of the ‘British Industry ...
Cherat Cement reported profits up by 3% in 1QFY23-24
Cherat Cement Co Ltd (CHCC), subsidiary of Gulham Faroque Group , has announced its financial results for the 1QFY23-24 ended 30 September 2023. It reported an increase in ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
