CMA suspends trading of shares in Raysut Cement
The Capital Market Authority (CMA) has suspended the trading of shares in Oman-based Raysut Cement SAOG after material misrepresentations were spotted in the company’s unaudi...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Semen Tonasa commissions new palletising system for Celukan Bawang
PT Semen Tonasa, part of Semen Indonesia Group, has commissioned BEUMER Group to supply a palletising system for 40kg and 50kg bags for its Celukan Bawang plant on Bali, Indone...
UltraTech Cement to take excess RDF waste
The Manali Municipal Council (MC) has sent letters to the Kullu MC along with the Bhuntar and Banjar Nagar Panchayats, asking them not to send garbage to the waste treatment pl...
EUA prices consolidate at higher level awaiting policy decisions
By Frank O. Brannvoll, Brannvoll ApS, Denmark The increase in fossil fuels use for power generation is keeping the demand for EUAs relatively high. However, a mild winter st...
ANDRITZ Separation wins Rüdersdorf RDF belt conveyor order
ANDRITZ Separation will supply an refuse-derived fuel (RDF) belt-dryer to CEMEX’s plant in Rüdersdorf , Germany. CEMEX Deutschland AG has awarded ANDRITZ an EP contract for ...
USG freight market sees softening rates
By Brannvoll ApS, Denmark USG Supramax freight market sentiment throughout the month was about negative undertones due to a somewhat thinner cargo book. Rates for shipments ...
Quarterly results propped up by steep price increases
The latest quarterly results reveal that cement producers are increasingly turning to price rises to offset the ongoing jump in energy costs, while they struggle to maintain ma...
European construction outlook revised down for 2023
The outlook for Europe in 2023 remains challenging and unpredictable after a better than expected 2022, according to CIC Market Solutions. Citing recent data from Euroconstruct...
Vietnam market expands 5% in October
Cement sales in Vietnam saw a five per cent increase to 5,376,495t in October 2022 when compared with October 2021, according to the Vietnam National Cement Association (VNCA)....
Breedon on track to deliver record earnings
Breedon Group reported that trading conditions remained supportive in the second half, enabling the company to fully recover rising input costs through robust pricing and dis...
Malayan Cement reports 98% rise in revenue
Malayan Cement Berhad , part of YTL Cement Berhad , has reported revenue of MYR2.71bn (US$605.6m) in FY2022, up 98 per cent on the previous year. Net income has come in at MY...
Heidelberg Materials acquires RWG Holding GmbH
Heidelberg Materials has acquired Germany-based RWG Holding GmbH, an integrated provider in the demolition and construction materials recycling sector and market leader in th...
Energy complex under interest rate pressure – coal falls sharply on lower demand while petcoke stable and discount neutral
By Frank O. Brannvoll, Brannvoll ApS, Denmark Leading central banks raised rates again by 0.75 per cent, with promises of more to come as inflation is persistent as sanction...
Vicem signs agreement to export 6Mt to the Philippines
Vietnam Cement Industry Corp (Vicem) has signed an agreement with Fenix (CEZA) International Inc and Gold Falcon Trading Corporation to export 6Mt of cement and clinker to th...
Cemex delivers 1Mm3 of Vertua concrete since 2020
Cemex has delivered 1Mm 3 of Vertua ready-mixed concrete in Colombia since the product was launched in 2020, avoiding emissions of around 178,000t of CO 2 . According to Cem...
Pioneer Cement considers green and brownfield expansions
Pioneer Cement Ltd (PIOC) of Pakistan is continuously assessing new avenues and business ventures, including green and brownfield expansions in the country, according to the ...
CEMBUREAU calls for "thorough debate" on CCUS
Although there has never been a more exciting time for carbon capture, EU policies need to provide a predicable regulatory framework and allow for a strong business case, accor...
Shangsi Cement starts up new aggregates line
Production has begun at the new aggregates line of China Resources Cement’s (CR Cement) subsidiary Shangsi Cement in Guangxi Province, China. The 5Mta project was officially co...
CEMEX enhances its digital offering
Five years after the launch of its end-to-end digital commercial platform, CEMEX Go, CEMEX is accelerating its evolution, targeting 100 per cent adoption across business line...
Dangote wins three FMDQ awards
Dangote Industries Ltd and Dangote Cement Plc have picked up three accolades at the FMDQ Gold Awards - ‘Largest Corporate Bond Lodgment on FMDG’, ’Most Trusted Brand of the Y...
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