PCA announces 2023 Energy and Environment Award winners
The Portland Cement Association (PCA), which represents the majority of America’s cement manufacturers, has announced the winners of its 2023 Energy and Environment Awards. P...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Vietnam's producers struggle for profitability
Southeast Asia is becoming a difficult market for cement producers to make a profit. Surging production costs, sluggish consumption, and reduced prospects at home and abroad st...
Vietnamese market contracts by 18% in July
Cement sales in Vietnam declined by 18 per cent to 4,655,526t in July 2023 when compared with July 2022, according to the Vietnam National Cement Association (VNCA). Of this to...
European Commission adopts rules governing CBAM
The European Commission (EC) has adopted the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on...
UK Government announces new AI funding for carbon intensive sectors
The UK government has announced GBP3.75m (US$4.78m) in new funding for artificial intelligence (AI) solutions to accelerate industrial decarbonisation across the country. Twelv...
South Valley Cement narrows loss in 1H23
Egyptian cement producer South Valley Cement has announced sales of EGP464.01m (US$15.02m) in the first half of 2023, up from EGP326.11m in the same period a year earlier. Th...
Pakistan's cement industry’s mixed financial results await at PSX
Cement producers have started posting their financial results on the Pakistan Stock Exchange (PSX) for 4QFY22-23 and the full year of 2023. Mixed results are expected, yet Spe...
Lehigh Hanson Cupertino facility to permanently shut
Lehigh Hanson will not be able to restart cement production at its plant and quarry near Cupertino after a legal ruling by Santa Clara County. Earlier this week, the Santa Clar...
James Hardie sees sales slip 5% in 1QFY23-24
James Hardie has posted global net sales of US$954.3m in the first quarter of FY23-24 (ended 30 June 2023), down five per cent from the US$1000.9m seen in the same period a yea...
Misr Cement (Qena) reports revenue advance in 1H23
Egypt-based Misr Cement (Qena) Co has reported net sales of EGP1900m (US$61.49m) for the six months ended 30 June 2023, up from EGP1295m in the same period a year earlier. Ne...
Fletcher Building posts EBIT growth of 6% in FY23
Fletcher Building’s FY23 financial result continued to build on the progress made in both EBIT levels and EBIT margins over the last several years. “Despite softer residenti...
CRH attracts new investors prior to US move
CRH is attracting new investment prior to its move to the New York Stock Exchange in September this year. According to the Irish Independent, at least 26 hedge funds have ann...
Bestway Cement sees 16% YoY decline in cement dispatches
Bestway Cement Ltd has reported a 16 per cent YoY decline in total cement disptaches in the fiscal year 2023 (ended 30 June 2023) due to reduced local and export sales volume...
Two new recycling plants to crush cement for reuse from Turkey earthquake
Two state-of-the-art recycling facilities are being built in Turkey to process the 200Mt of debris produced by the earthquakes in February 2023. Japan has signed an agreement w...
MPA appoints director for energy and climate change
The UK-based Mineral Products Association (MPA) has appointed Dr Diana Casey as executive director for energy and climate change, including heading up the MPA’s product groups ...
Dubai laboratory uses AI robots to speed up cement testing
Dubai Central Laboratory is deploying artificial intelligence (AI) robots to speed up the testing of building materials. The robots use x-rays to carry out chemical analysis of...
Peru's cement market contracts 7% in July
Peruvian cement dispatches fell by 6.5 per cent to 1.013Mt in July 2023 when compared with July 2022 when dispatches stood at 1.084Mt, according to the country’s cement associa...
Edmonton plant start CCUS system
Heidelberg Materials' Edmonton cement plant is one key step closer to pouring the foundations of a full-scale carbon capture utilisation and storage (CCUS) system that could ...
Australia considers carbon tariffs on imported cement and steel
The Australian government is considering the introduction of carbon tariffs on cement and steel imports from countries with lower climate goals. According to The Guardian, Aust...
FLSmidth reports 28% revenue increase in 1H23
FLSmidth has reported revenue of DKK12,415m (US$1822m) in the first half of 2023, compared to DKK9733m in the same period a year earlier. EBITDA fell from DKK770m in the 1H22 t...
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