Cemex Ventures invests in PartRunner
Cemex Ventures has announced its investment in PartRunner, an on-demand delivery platform for the construction and industrial sectors. This transaction is part of Cemex´s strat...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Dangote Cement's pan-African sales rise 9% in 2021
Dangote Cement Group 's total pan-African volume represents 37 per cent of group volumes. Sales volumes across its African operations were 10.9Mt in 2021, up 8.7 per cent. Pan...
Dangote Cement reports group revenue of NGN1383.6bn in 2021
Dangote Cement reported that for the year ended 31 December 2021, group revenue reached NGN1383.6bn (US$3.327bn), up 33.8 per cent on 2020. The group recorded a record EBITDA o...
Colombian cement market contracts to 0.963Mt in January
Cement dispatches in Colombia decreased 2.5 per cent YoY to 963,900t in January 2022 when compared with 989,100t reported in January 2021,when dispatches slipped 0.6 per cent Y...
Titan America releases low-carbon cement from New Jersey
Titan America has announced it is now distributing Type IL lower-carbon cement from its storage and distribution facility located at the Port of Newark, New Jersey. The only ce...
AfriSam hosts annual budget breakdown event
Speaking at AfriSam ’s recent National Budget Breakdown function, an annual event now in its fifth year, Dr Azar Jammine, director and chief economist of Econometrix, gave a t...
Low-carbon cement trial cuts CO2 emissions by 60%
A UK Government-backed innovation and demonstration programme has successfully developed and trialled new low-carbon cements which have up to 60 per cent lower embodied CO 2 ...
Egypt sees 151% cement export surge in 2021
Cement exports from Egypt are up 151 per cent YoY in 2021 to US$456m from US$182m in 2020, according to a recent report by the Export Council for Building Materials, Refractory...
The PCA urges strong federal support to accelerate decarbonisation technologies
In comments submitted to the US Department of Energy’s Advanced Manufacturing Office (AMO), the Portland Cement Association (PCA) stated that federal policy and support is vita...
Cement output index in Italy sees 31% advance in 12M21
Cement production in Italy in December 2021 saw a one per cent drop when compared with the index with a 2015 base, an improvement when compared with the November 2021when the f...
Power Cement reports 82% YoY rise in 1H net profit
Power Cement posted a 43.6 per cent increase in revenues to PKR5162m (US$29.1m) in the quarter ended 31 December 2021 (2QFY21-22), up from PKR3595m m in the 2QFY20-21. Oper...
Menzel Elektromotoren to build new factory
Menzel Elektromotoren has signed the construction contract for a new, larger motor plant in Hennigsdorf, near Berlin, Germany. The manufacturer has experienced substantial ...
Arabian and Najran Cement take drop in net profits
Arabian Cement Co posted revenues of SAR1003m (US$267.5m) in 2021, up 18.5 per cent YoY from SAR871.9m. However, the company saw its net profit after zakat and tax decline b...
Mali sees 10% cement price hike
The price of cement in Mali has increased by 10 per cent from XOF100,000 (US$170.59) to XOF110,000/t in the past week. Traders have attributed the price rise to the embargo i...
Pikalevsky launches CEM I delivery in big bags
Pikalevsky Cement Co , part of Mikhailovsky Combine of Building Materials, has launched the supply and delivery of CEM I 42.5N cement in 1t big bags. The bags have a soft mo...
Soyuzcement elect new board chairman and executive director
At the General Meeting of the Union of Cement Producers 'Soyuzcement', Vyacheslav Shmatov, general director of JSC Eurocement group , was appointed to the position of chairman...
AdBri records revenues of AUD1569m in 2021
AdBri reported revenue of AUD1569.2m (US$1135m) compared to AUD1454.2m in 2020 with increased sales volumes experienced for all products other than lime. Strong sales demand...
Dewan Cement returns to profit in 2QFY21-22
Pakistan-based Dewan Cement Ltd posted a turnover of PKR4149.6m (US$23.4m) in the quarter ended 31 December 2021 (2QFY21-22), up from PKR931.6m in the 2QFY20-21. In the 2QF...
Cherat Packaging Ltd expands its production lines
Cherat Packaging Ltd has successfully installed and commissioned its fourth line of polypropylene plant for producing cement bags. The fourth line of polypropylene cement...
East African Portland Cement narrows half-year loss
Kenya-based East African Portland Cement Co , owned by Holcim , has narrowed its half-year loss to KES907.1m (US$8m) in the six months to December 2021 from KES1.035bn in the...
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