Breedon reports strong trading in 1Q21
Breeding announced encouraging trading in the first three months of the year. There was good demand in the GB market, where the business benefitted from contributions from the ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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L&T Construction wins 3.5Mta project in India
India-based Larsen and Toubro (L&T) Construction has announced several significant contracts across multiple sectors, including the cement industry, with values in the range of...
Carbon8 Systems to participate in South Wales industrial cluster project
The South Wales Industrial Cluster (SWIC), a partnership between industry, energy suppliers, infrastructure providers, academia, legal sector, service providers and public sec...
INFORM forms joint venture with Chilean partner
I NFORM , an internationally-known software development and business process optimisation specialist with US regional headquarters in Atlanta, Georgia, has set up a joint ventu...
Cement consumption in Spain up 8% in 1Q21
Spanish cement demand advanced 8.4 per cent YoY in the first quarter of 2021, reaching 3,378,281t, reports Oficemen, the country’s cement association. The hike reflects the low...
Pakistan records diversified export and production results
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-March 2021 and July 2020-February 2021 periods. It shows div...
Twiga Cement to expand production capacity
Tanzania Portland Cement (Twiga Cement) has announced its intention to invest US$15m in an expansion and rehabilitation programme in 2021, according to the Tanzania Daily News....
Bedeschi to equip Port of Takoradi with shipunloading technology
Bedeschi has been awarded a major contract in Ghana. The scope of works include the design, procurement, manufacturing, supply, construction, supervision to installation, testi...
Brazilian Companhia Nacional de Cimento completes the purchase of CRH Brasil assets
The Brazilian antitrust authority, CADE, in accordance to the agreement disclosed on 26 October 2020, has confirmed Brazilian Companhia Nacional de Cimento’s (CNC) purchase of ...
Shareholders approved Fancesa restructuring
Bolivia-based Fancesa’s shareholders have unanimously approved the restructuring proposed by the company’s Board of Directors, said Armin Cortez, chairman of the Board of Share...
Which US cement producers can exploit higher cement demand in 2021?
The Portland Cement Association's ( PCA) Spring Cement Consumption Forecast for 2021-22 indicated that cement demand in the USA could match or exceed last year's growth of ...
Peruvian cement market expands 151% in March
Cement dispatches in Peru surged 151 per cent YoY to 1.09Mt in March 2021 from a low base of 0.435Mt in March 2020, when the country faced measures to slow the spread of COVID-...
FLSmidth to supply control systems at Kirene
China’s CBMI Construction Co Ltd has contracted FLSmidth for the supply and engineering of three complete control systems at two existing and one new cement line in Kirene, Sen...
Malayan Cement Bhd to repay borrowings with share placement
Malayan Cement Bhd is expected to raise MYR226.95m (US$55m) mainly to repay bank borrowings via a proposed placement of up to 85m shares, representing 10 per cent of the compa...
S&P Global raise HeidelbergCement's credit rating
S&P Global Ratings raised HeidelbergCement’s long- and short-term issuer credit ratings to BBB/A-2 from BBB-/A-3 and the issue ratings on its debt to BBB from BBB-, while givi...
HeidelbergCement updates markets on preliminary 1Q21 expectations
HeidelbergCement AG's preliminary 1Q21 financial figures deviate significantly from current capital market expectations. Preliminary revenue amounts to EUR3958m (previous ye...
Twiga Cement saw profits rise 25% in 2020
Tanzania Portland Cement (Twiga Cement) saw its pretax profit rise 25 per cent YoY to TZS107.42bn (US$46.3m) in 2020, against TZS85.87bn in the previous year. The company’s tu...
Oman Cement Co reports 16% decline in revenue
Oman Cement Co has reported a 15.8 per cent decline in total revenue to OMR11.76m (US$30.6m) in the first quarter of 2021, compared to OMR13.9m in the 1Q20. Net profit also fe...
US Portland and blended cement shipments decline 2% in January
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico slipped two per cent YoY to 6.7Mt in January 2021, said the US Geological Survey (...
Egypt's cement sector sees sales rise 15% YoY
Egypt's cement industry recorded strong sales in March with total sales reaching 4.99Mt, up 22 per cent MoM and 15 per cent YoY. The industry’s utilisation rate also surged ...
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