Colombian cement market contracts 2% in December
Grey cement dispatches in Colombia fell 2.3 per cent from 1.079Mt in December 2019 to 1.054Mt in December 2020, according to the country’s statistics agency, DANE. Cement produ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Svante Inc secures US$75m funding for carbon capture projects
Svante Inc has announced that it has successfully closed US$75m of Series D equity financing, the largest private investment into point source carbon capture globally to date....
Çimko Çimento contracts FLSmidth for grey-to-white line conversion
Turkey’s Çimko Çimento has contracted FLSmidth to deliver a grey-to-white cement line conversion at its existing production line near Adiyaman in southeast Turkey. The project ...
Chile’s cement dispatches down 7% in 2020
Chilean cement deliveries increased by 14 per cent YoY to 389,488t in November 2020 from 341,721t in the equivalent month in 2019. This was followed by a 7.7 per cent uptick in...
Cemex announces plan to address US cement shortage
Cemex has announced plans to optimise its supply chain to address cement shortages experienced throughout the western US. The project will leverage the company’s supply chain s...
CRH Magyarország Kft receives Domestic Product certification in Hungary
CRH Magyarország Kft's concrete products have won Domestic Product certification in Hungary. The Domestic Product trademark is well-known and recognised among Hungarian consum...
Hanover cement plant to scale-up LEILAC 2 pilot project
HeidelbergCement is starting the further development and scaling-up of the LEILAC technology (Low Emissions Intensity Lime And Cement) together with the Australian technology ...
Semapa sees 182% rise in 4Q20 net profit
Portugal-based Semapa recorded a net profit of EUR106.6m in 2020, a 14.1 per cent YoY decrease from EUR124.1m a year earlier. In the 4Q20, net income surged 182.3 per cent YoY ...
Eagle Materials sees 18% rise in 3Q revenues
US-based Eagle Materials Inc has reported revenues of US$404.7m in the third quarter of 2020, representing a YoY increase of 18 per cent. Commenting on the third quarter resu...
Lucky Cement announces 3.15Mta Pezu expansion
Pakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increa...
Oman Cement orders ABB's optimisation technology
Oman Cement Co (OCC) will build on long-term ABB relationship with the installation of ABB’s state-of-the-art ABB Ability™ System 800xA to optimise performance on all three pro...
LafargeHolcim makes two bolt-on aggregate acquisitions
LafargeHolcim announces the acquisition of Edile Commerciale and the signing of Cemex Rhone Alpes, both suppliers of ready-mix concrete and aggregates, located in Milan, Italy...
Shree Cement reports 102% rise in net profit
India’s Shree Cement has reported a 102 per cent YoY rise in net profit to INR6.26bn (US$85.76m) for the December quarter, compared to INR3.12bn in the year-ago period. Revenue...
Société Ciment Côte d’Ivoire’s new plant inaugurated
Côte d’Ivoire’s Minister of Trade and Industry, Souleymane Diarrassouba, inaugurated the new cement plant of Société Ciment Côte d’Ivoire (SCCI) in the PK24 Industrial zone...
JK Lakshmi Cement's sales rise 19% in Oct-Dec 2020
JK Lakshmi Cement Ltd recorded sales of INR11,928m (US$163.27m) in October to December 2020 compared to INR10,049.5m in October to December 2018, a rise of 19 per cent. JK ...
Ugandan exports to DR Congo up 30% in 2019-20
Exports of cement from Uganda to the Democratic Republic of Congo (DRC) have increased by 27,000t in the last two years, according to Israel Tinkasimire, Hima Cement’s commerci...
ASEC and Qatrana Cement extend O&M contract
ASEC of Egypt and Qatrana Cement Co of Jordan have announced the extension of the operation and maintenance (O&M) contract for an additional three years. The collaboration s...
2021 Expectations
This week, we take a look at the major developments in the largest cement markets over 2020 and consider what lies ahead in 2021. USA Over the last few months, the US has ...
Siam Cement sees net profit rise 7% in 2020
Thailand’s Siam Cement has reported a nine per cent decline in revenue from sales to THB399.94bn (US$13.3bn) for 2020, compared to THB437.98bn in the previous year. However, i...
Gorazdze Cement signs 10-year solar power deal
Gorazdze Cement (HeidelbergCement group) is being supplied solar electricity from BayWa r.e. for the next decade. The 64.6MWp Witnica solar park is due to come on-stream in Ju...
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