PCA outlines regional US cement consumption growth trends for 2021-23
The PCA's Market Intelligence team has released its latest US regional cement consumption forecasts from its June 2021 economic update, which did not take into account the p...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Peru sees demand up 26% in July 2021
Peru’s cement market grew 26 per cent YoY to 1.135Mt in July 2021, compared with 0.904Mt in the year-ago period, according to the country’s cement association, Asocem. Cement...
Dal Engineering completes cyclone project at Mersin Cement
Dal Teknik Makina (Dal Engineering Group) has completed a turnkey project for the replacement of cyclones and riser ducts at ÇİMSA’s Mersin cement plant in Turkey. T...
MPA responds to UK Hydrogen Strategy
The UK's Mineral Products Association (MPA) has welcomed the government's proposals to accelerate the development of a low-carbon hydrogen economy but has warned that the costs...
A TEC to supply new preheater for Mannersdorf plant
Following A TEC’s successful order for a flash dryer at Lafarge Mannersdorf , the Austrian company has been awarded a project for a new preheater at the same plant, i n coope...
Uzbekistan posts 23% production increase in 1H21
Uzbekistan has reported a 23 per cent YoY increase in Portland cement production to 5.8Mt in the first half of 2021, according to the State Statistics Committee of Uzbekistan. ...
Lafarge Africa Plc announces 1H21 group revenues of NGN145m
Lafarge Africa PLC (Holcim group) announced 1H21 group revenue of NGN145m (US$351.9m) with gross profits of NGN48m. In the 2Q21, group revenue reached NGN73.5m and gross profit...
Cement sold through Iran's mercantile exchange rises
The operations manager of the Iran Mercantile Exchange (IME), Abbas Yaghoubi, has provided an update regarding the offering of all the country's cement via the IME, according t...
Cemix plant holds opening ceremony with President Putin in attendance
Lasselsberger Group recently held the opening ceremony for its Cemix greenfield 700tpd white cement production line in Russia. Sinoma-Tianjn Cement Industry Design & Researc...
Solidia Technologies appoints new CTO
Solidia Technologies ® has named Russel Hill PhD as its new Chief Technology Officer. Mr Hill joins Solidia after 25 years with Boral, where he most recently served as Group...
Saudi Cement buys 37% share of United Cement
Saudi Cement Co has acquired a 37 per cent stake in United Cement Industrial Co (UCIC) for SAR28m (US$330,426), as announced in Saudi Cement’s 2Q21 company report. Accord...
Kyrgyzstan’s cement prices rise steeply in July
Kyrgyzstan’s monthly average of consumer prices showed that retail prices for cement in the country in July 2021 amounted to KGS357.6 (US$4.22)/50kg bag, up by 26.3 per ce...
Iran cement production capacity tops 88Mta in FY20-21
Iran’s nominal cement production capacity totalled 88Mta in FY20-21, according to a report issued by the Ministry of Industries, Mining and Trade (MIMT). Meanwhile, tota...
Star Cement reports 50% growth in profit
India’s Star Cement has seen its standalone net profit grow 50.4 per cent YoY in the quarter ending 30 June 2021, increasing to INR541.8m (US$7.3m) from INR360.3m. Net revenu...
Misr Cement (Qena) posts 9% profit increase
Egypt’s Misr Cement (Qena) has recorded a 9.2 per cent YoY advance in consolidated net profit for the January-June period of 2021, rising to EGP69m (US$4.39m) from EGP63m in th...
Eagle Cement announces 181% rise in net income
Philippines-based Eagle Cement has posted a 181 per cent YoY increase in net income to PHP3.7bn (US$73.08m) in the first half of 2021, against PHP1.32bn in the corresponding pe...
Green Cement Inc appoints new CEO
USA-based Green Cement Inc has appointed Grant Quasha as its CEO, as the company embarks on an international expansion drive. Mr Quasha succeeds John T Preston, who will rem...
Sinai Cement records 1H21 net loss of EGP253m
Sinai Cement Co reported a standalone net loss of EGP252.666m (US$16m) in the 1H21, according to the company’s financial statements. This marked a YoY rise of three per cent w...
Argos North America Corp signs ESG-linked loan
Argos North America Corp (Grupo Argos) entered into a new loan for US$300m, in which the interest rate is linked to CO 2 emission reduction indicators and an increase in the...
JK Cement sees surge in consolidated net profit
India’s JK Cement Ltd has reported a 282 per cent surge in consolidated net profit to INR1.9bn (US$25.61m) for the quarter ending 30 June 2021, compared with INR499.4m in the y...
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