Adani Group to refinance Ambuja Cements and ACC bridging loans
The Adani Group is reported to be in talks with several foreign banks to refinance US$3.5bn of bridging loans taken for the acquisition of Ambuja Cements Ltd and ACC Ltd ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Savannah Cement places order with Sinoma for new Kenyan plant
Savannah Cement has placed an EPC order with Sinoma International Engineering for a new US$300m cement plant in Kenya. Sinoma will construct a clinker line with an output of ...
Cachupaz wins process control order for Tekcim cement plant
To automate NovaCim's greenfield Tekcim cement plant in Morocco, Cachapuz Bilanci Group’s SLV Cement technology will be installed. Besides having powerful operational ana...
Spanish cement demand slips 0.4% in October
Cement demand in Spain has edged down by 0.4 per cent YoY to 1,264,554t in October 2022, according to the country’s cement association, Oficemen. The fall represents a six-mont...
Eagle Cement delists from Philippine Stock Exchange
Eagle Cement Corporation has gained the approval of its shareholders to delist from the Philippine Stock Exchange (PSE). According to the company, not one shareholder voted a...
Fauji Cement opens 8.8MW solar power plant
In its quest to obtain self-sufficiency in power generation, and with the objective of using clean and green energy, Fauji Cement has held an inauguration ceremony at its Wa...
Akcansa Cimento appoints new general manager
Akçansa Cimento , a joint venture between Sabancı Holding and Heidelberg Materials , has appointed Vecih Yılmaz as its new general manager. Mr Yılmaz replaces Mehmet Zeki Kan...
Attock Cement's new line to start at end of FY23
The management of Attock Cement Pakistan Ltd (ACPL) has announced that its new 4000tpd (1.2Mta) line will come online by the end of FY22-23. Top managed disclosed this at an ...
Ambuja Cements and ACC lead the way on water positivity
Ambuja Cements and ACC are leading the way in water positivity, according to a report in Business Standard. Over the last 20 years both companies have put initiatives in pl...
SigmaRoc to install Aqualung carbon capture unit
SigmaRoc has signed an agreement with Aqualung Carbon Capture AS, a leading membrane carbon capture and separation technology provider, to install SigmaRoc’s first carbon captu...
Bestway Cement's post expansion capacity will stand at 15.2Mta
The top management of Bestway Cement Ltd organised a corporate briefing earlier this month to discuss the company's 1QFY22-23 results and outlook. The company's CFO, Muham...
PT Semen Bima orders thyssenkrupp Polysius crusher
thyssenkrupp Industrial Solutions has been awarded a contract with a client in Central Java, Indonesia consisting of the supply of the new titan® Double-Shaft Hammer crusher. ...
Empresas Melón to close Peñalolén plant
Chile-based Empresas Melón has announced the closure of its ready-mix concrete plant in Peñalolén, near Santiago. The company, owned by the Brescia group, attributes the closur...
Ecocem launches breakthrough technology ACT
Ecocem is launching ACT, a breakthrough cement technology, which combines a range of technical innovations with the use of widely available low-carbon materials to decarbonis...
Bamburi Cement forecast to see 25% drop in earnings
Bamburi Cement is expected to post net earnings for FY2022 down by at least 25 per cent compared to FY21, according to Reuters News. The loss in earnings is being attributed ...
Yutong and SCG Cement Group sign MoU
A Memorandum of Understanding (MoU) for Thailand’s first 5G+ autonomous driving smart green mine project has been signed between Chinese vehicle company, Yutong Mining Equipmen...
PIBT reports volumes down in 1QFY22-23
Pakistan International Bulk Terminal Ltd (PIBT) reported cargo volumes down to 2.133Mt in the 1QFY22-23 (ended 30 September 2022) compared to 2.782Mt reported in the same perio...
N+P French Subcoal® plant obtains environmental and construction permits
The N+P Group, industry’s decarbonising expert, successfully obtained the environmental and construction permits for its new Subcoal ® Production facility at the industrial pl...
Bestway Cement receives Pioneer Award
Pakistan’s Bestway Cement has been awarded the ‘Carbon Neutralisation Pioneer Award’ by LONGi Green Energy Technology Co Ltd, the largest solar panel manufacturer in the worl...
US$8m cement distribution centre planned for Montego Bay
Plans to establish a new US$8m cement distribution centre in Montego Bay, Jamaica, have been put forward by cement importers Buying House Cement. For the last 16 years, Mont...
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