Egypt sees exports up 180% in 10 months
Cement exports from Egypt in the first 10 months of 2021 have increased 180 percent to US$397m when compared with US$142m in the 10M20, according to the Export Council for Buil...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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InterCement sees light at the end of the tunnel
Following InterCement Participações’s financial and management adjustment measures of the last two years, the cement producer is set to return to the markets in a leaner, healt...
Vietnamese clinker exports fall, cement exports advance in November
Clinker exports from Vietnam saw a nine per cent drop in November 2021 to 2,854,949t when compared with November 2020, according to the Vietnamese cement association, VNCA. Cem...
Holcim set to acquire Malarkey Roofing Products
Holcim has signed an agreement to acquire Malarkey Roofing Products, a leading company in the US residential roofing market with projected 2022 net sales of US$600m and EBITDA ...
Vietnamese market contracts 7% in November
Cement dispatches in Vietnam declined by seven per cent YoY to 5,570,069Mt in November 2021 but advanced by six per cent when compared with October 2021, according to the Vietn...
Argos set to commission new terminal
Argos has invested close to US$42m for the construction of a new terminal in the free trade zone of Cartagena, Colombia. As such, it is expanding its port infrastructure and th...
USG Supramax/Ultramax spot market sees slow recovery
By Maria Vasyutenko, associate of Brannvoll ApS, Denmark The USG Supramax/Ultramax spot freight market is slowly recovering after a significant rate fall observed last month...
Cement output in Indonesia falls 22% in November, affecting exports
The total Indonesian production of cement and clinker in November 2021 reached 11.45Mt, down 22 per cent from 14.67Mt when compared with October 2021, according to the Indonesi...
Cementos Molins acquires Pretersa Prenavisa
Through its subsidiary Precon, Cementos Molins has acquired 100 per cent of precast concrete company Pretersa Prenavisa, owned by the European investment group Kartesia. The ac...
Eduardo Sánchez takes over management of Unacem Peru
Eduardo Sánchez Verdejo has taken over the general management of Unacem Peru. At the same time, Mr Sánchez will continue to fulfill the role of Corporate Industrial Vice Presid...
Pakistan sees exports surge in November
Pakistan's cement and clinker exports has reported mixed results between July 2021 and November 2021. According to a research house, exports observed a negative trend on a cumu...
Oman Cement invites bid for Line 4 project
Oman Cement has invited bids for a contract to expand the capacity of its plant in Rusayl. The company’s CEO, Salim al Hajri, noted that planned expansion includes the const...
New material research aims to reduce the environmental impact of cement and steel industries
Researchers from the Department of Materials Science and Engineering at the University of Sheffield are developing processes and technologies for the sustainable manufacture of...
Cemex signs five-year agreement with HCL Industries
HCL Industries has signed a five-year agreement with Cemex, which will see it focus on global end-to-end transformation of IT lifecycle management, including IT managed service...
Titan Cement announces progress of share buyback
Titan Cement International SA has announced the progress of its share buyback programme. The company and its subsidiary, Titan Cement Co SA, purchased 42,514 shares of Titan ...
Starlinger delivers 500th AD*STAR block bottom sack conversion
Côte d’Ivoire-based packaging producer Plastica has increased its AD*STAR sack production capacity by 45m sacks per year to 80m sacks, following the installation of the ad*star...
Argos announces US$23m investment in Honduran strategic projects
Argos will invest US$23m in several projects to improve operations at its Honduran plants. The investment is also expected to support the country’s growth and development. T...
Shree Cement plans new plant in Guntur
India’s Shree Cement is planning to set up an INR15bn (US$198.52m) greenfield cement plant in Guntur, Andhra Pradesh. The project will be the company’s first plant in the sta...
CARBON: New records – now targeting €100 following increased physical and financial demand
By Frank O. Brannvoll, Brannvoll ApS, Denmark Before its expiry day, the EUA December 2021 contract reached a stunning EUR91.50 all-time high, less than 10 per cent from ...
CEMEX joins the UN CFO Taskforce to promote sustainability goals
CEMEX SA de CV has joined the United Nations (UN) Global Company CFO Taskforce for the Sustainable Development Goals (SDG) as the company continues to align its financial strat...
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