East African Portland Cement sells land plots to squatters
East African Portland Cement (EAPCC) has started a process of selling land parcels to squatters who have been living on its Athi River property. The cement maker has made an ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Vietnam’s cement consumption up 6% in July
Vietnam’s cement market expanded six per cent to 5,199,736t in July 2022 when compared with July 2021, according to the Vietnam National Cement Association (VNCA). VICEM sales ...
Project to target CO2 emissions from refractories
A research project, funded by the European Union, could help lower CO 2 emissions in the refractory industry by up to 800,000tpa. The initiative is known as the ReSoURCE proje...
Grasim Industries announces US$392m capex
India’s Grasim Industries, part of the Aditya Birla Group , is planning capex of INR31,170m (US$391.9m) in its existing lines of business this fiscal year, primarily for the c...
Cherat Cement Co’s net profit rises 39% YoY
Cherat Cement Co Ltd (CHCC) announced its annual financial results for the year ended 30 June 2022 (FY21-22), on 25 August 2022, by declaring of net profit of PKR4.45bn (US...
Ciment du Maroc reports 5% rise in turnover
HeidelbergCement Group -owned Ciments du Maroc posted a five per cent increase in turnover to MAD1.8bn (US$170.7m) in the 2Q22 from MAD1.7bn in the 2Q21. In addition, the ...
Origen shortlisted for UK government CCUS funding
The UK government has named ZerCaL250, a collaboration using Origen's zero-carbon tech and Singleton Birch’s lime production know-how, as one of 13 projects shortlisted nation...
Cem'In'Eu to launch new pozzolan cement in 2023
Cem'In'Eu is developing a new low-carbon cement based on pozzolan, a natural raw material extracted locally. The French cement producer aims to greatly reducing the share o...
Indonesian cement and clinker exports decrease 36% in June
Total exports from Indonesia declined by 35.5 per cent in June 2022 as the country’s cement producers supplied 665,760t of cement and clinker to overseas destinations, accordin...
Bamburi Cement posts 88% drop in 1H profits
Kenya-based Bamburi Cement Ltd reported a profit of KES95m (US$0.79m) for the January-June 2022 period, 87.7 per cent down from KES776m in the 1H21. However, the group posted...
Al Jouf Cement sees profits tumble 92% in 1H22
Saudi Arabia’s Al Jouf Cement Co has reported a 19.2 per cent YoY fall in revenue to SAR98.29m (US$26.2m) in the first half of 2022. Net profit after zakat and tax tumbled 92...
Dongwu Cement sees revenue fall 26% in 1H22
China's Dongwu Cement International Ltd has reported revenue of CNY177.8m (US$25.9m) in the first half of 2022, down 25.7 per cent on the same period a year earlier. In terms ...
Cementos Concepción starts commissioning new plant
Paraguay’s Cementos Concepción (CECON) has started commissioning its new 1.01Mta plant in Concepción, San Lázaro, by commencing crushing limestone to be used in the full produc...
Freight rates stagnant, but minor upturn expected
By Maria Vasyutenko, associate of Brannvoll ApS The USG Supramax/Ultramax spot freight market started the month in a positive mode, showing recovery with rates firming up am...
RCC Cements Ltd appoints company secretary and compliance officer
India’s RCC Cements Ltd has appointed Shimpy Goyal as company secretary and compliance officer, effective from 25 August 2022. Ms Goyal succeeds Ms Bhawna Arora who resigned f...
Increasing scope 3 emission reduction investments
This week, Hanson UK reported on its investment in electric vehicles (EV). The need for more clean energy transport in the cement sector is expected to rise substantially as co...
Indonesia’s cement markets contract 2% in June
Cement sales in Indonesia slipped two per cent to 5,438,865 in June 2022 from 5,551,489t in June 2021, according to the Indonesian cement association, ASI. East Indonesia, th...
Cemex plans 30% expansion at Caribbean Cement Co
CEMEX plans to expand the production capacity at its subsidiary in Jamaica, Caribbean Cement Co Ltd (CCCL). This expansion aims for an up to 30 per cent increase CCCL’s cem...
South Valley Cement Co posts net loss of 55% in 1H22
South Valley Cement Co posted a net loss of 54.50 per cent during the first 1H22 to EGP117.08m (US$31.2m), compared to EGP75.75m in the 1H21. However, sales stood at EGP325....
Cement sales in Puerto Rico decline 16% in July
Puerto Rican cement sales fell 15.7 per cent YoY in July 2022 to 1.12m bags of 42.6kg, or 47,712t, according to the country’s Institute of Statistics. The drop represents the l...
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