Suez Cement orders 45GWh solar power project
Suez Cement Group ( Heidelberg Materials ) signed an electricity generation agreement with Intro Power and Utilities with the aim of constructing a solar power plant at the ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Dalmia Bharat Ltd reports 77% fall in consolidated net profits in Jul-Sep quarter
Dalmia Bharat Ltd has reported a 76.84 per cent decline in consolidated net profit at INR470m (US$5.68m) for the quarter ended September. The company had posted a net profi...
Gujarat Sidhee Cement sees fall in revenue
India’s Gujarat Sidhee Cement Ltd has reported unaudited revenue from operations of INR1422m (US$17.16m) in the quarter ended 30 September 2022, down from INR1663m in the sam...
Cookstown Cement rebrands to Cemcor
Cookstown cement plant in Northern Ireland acquired in January by LCC Group and David Millar for GBP56m (US$64.3m) has changed its name to Cemcor. The Cookstown plant, ori...
Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain
Votorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cemen...
Sagar expects Andhra outcome before end of 2022
Sagar Cements expects to announce the outcome of its bid to acquire Andhra Cements before the end of December 2022. Sagar currently has a production capacity of 8.25Mta but h...
Pakistan cement sales decline by up to 25%
Cement sales in Pakistan in the first four months of FY22-23 are expected to decline by 21-25 per cent compared to the same period a year earlier, according to the All Pakistan...
Saurashtra Cement sees revenue decline 13% YoY
India’s Saurashtra Cement Ltd has reported consolidated revenue from operations of INR1864m (US$22.5m) in the quarter ended 30 September 2022. This compares to INR2145m in th...
Southern Province 9M profit contracts to SAR238m
The net profit after zakat and tax of Saudi Arabia-based Southern Province Cement Co declined by 28.1 per cent YoY to SAR238m (US$63.5m) in the 9M22 from SAR331m. Revenues ...
World Cement Association welcomes Carbon Upcycling Technologies
Carbon Upcycling Technologies the World Cement Association’s (WCA) newest associate corporate member. The company is a waste and carbon utilisation specialist. WCA CEO, Ian R...
Semen Indonesia improves 9M net profit and carbon performance
Indonesia-based PT Semen Indonesia Group (SIG) posted a net profit of IDR1.65trn (US$105.7m) in the January-September 2022 period, up 18.9 per cent from IDR1.39trn in the 9M2...
Caribbean Cement Co reports 13% 3Q revenue increase
Jamaica-based Caribbean Cement Co Ltd has posted robust 3Q22 results with revenues for the quarter increasing by 12.7 per cent to JMD6.2bn (US$40.3m) from JMD5.5bn in the 3Q2...
Najran Cement reports 50% drop in profit in 9M22
Najran Cement has recorded revenue of SAR375.6m (US$100.2m) in the opening nine months of 2022, down 15 per cent compared to the SAR441.89m seen in the 9M21. Net profit after...
Tabuk Cement posts 21% rise in revenue in 9M22
Tabuk Cement has posted a 20.6 per cent YoY increase in revenue in the first nine months of 2022. Revenue over the period has risen from SAR174.22m (US$46.5m) to SAR210.11m. ...
Hail Cement sees net income tumble 113% in 9M22
Hail Cement has posted revenue of SAR268.22m (US$71.5m) in the opening nine months of 2022, up 31.6 per cent compared to the SAR203.88m seen in the 9M21. However, net income ...
Cement carrier sinks off the coast of Taiwan
A search for 12 missing crew members continues off the coast of Taiwan after their cement carrier sank. The 10,000dwt Xing Shun No 1, built in 2014, sank on Monday, 31 Octobe...
Holcim showcases low-carbon materials at Greenbuild
Holcim is exhibiting at Greenbuild 2022 in San Francisco, to showcase its most innovative and sustainable building solutions, making green building possible at scale. Greenbu...
Tanzania Portland Cement reports 9M profit up 6%
Tanzanian cement producer Tanzania Portland Cement PLC has posted a six per cent increase in pretax profit in the first nine months of the year as domestic and export cement ...
East African Portland Cement launches Green Triangle Cement
East African Portland Cement Plc (EAP) has launched a new product named Green Triangle Cement that is aimed at minimising the cement manufacturer’s carbon emissions. Gree...
Holcim posts record 3Q performance
Holcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 p...
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