Return to prosperity forecast for Pakistan's cement sector
Pakistan's cement industry is likely to prosper in the coming months, due to some positive developments at the local and international level, anticipated by three of Pakistan's...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Solar power plant approved for Arabian Cement
The Egyptian Electricity Utilities Regulatory and Consumer Protection Agency (EgyptERA) has approved the construction of a 7.5MW solar power plant for Arabian Cement Co. The...
Saurashtra Cement shuts down kiln for maintenance
India's Saurashtra Cement has shut down its kiln and all the relevant downstream equipment situated at its Ranavav plant, Gujarat, for maintenance operations. The maintenance p...
African cement escapes the pandemic; structural issues remain
Cemtech's latest webinar discussed Africa's cement sector and the impact of COVID-19 on the continent. Tony Hadley of consultancy THAA, and Erkam Kocakerim, CEO of Limak Afrika...
Argentina’s cement dispatches decline 33% in May
Cement consumption in Argentina decreased by 32.8 per cent in May 2020 to reach 648,562t, according to new data published by AFCP, the country’s cement association. In May 2019...
UltraTech Cement reduces capex plans to INR10bn in FY20-21
India’s UltraTech Cement has announced that it will be restricting its capital expenditure plans to INR10bn (US$132.42m) during the current fiscal year, following the disruptio...
Moroccan cement sales fall 50% in May
Morocco’s cement market contracted 50.6 per cent in May with 523,848t of cement delivered to domestic customers, according to APC, the country’s cement association. In May 2019...
Nuvoco Vistas Corp sets water and energy consumption goals
Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp Ltd, announces new sustainability goals for the company on World Environment Day On the occas...
HeidelbergCement announces EUR0.60 dividend per share at AGM
HeidelbergCement held its 131st Annual General Meeting (AGM) yesterday with around 1000 people following the live transmission on the Internet. Prior to the AGM shareholders su...
Dominican producers use ashes from power generation
Ashes produced at the Punta Catalina coal power generation complex in Bani, Dominican Republic, are now being used by cement companies in the country, according to Jaime Aristy...
China's cement output recovers lost ground
Cement production in China fell 14.4 per cent YoY to 520.949Mt in the first four months of 2020. However, monthly output has rebounded strongly from its decline in February and...
Eagle Materials posts record revenue in FY19-20
US-based Eagle Materials has reported a record revenue of US$1.45bn in the FY19-20, up four per cent from US$1.39bn in the previous fiscal year. Net earnings climbed three per ...
Pakistan dispatches drop in May, slip in 11MFY19-20
All Pakistan Cement Manufacturers Association (APCMA) released local/overseas dispatches data for May and the 11MFY19-20. May 2020 Total cement dispatches (domestic + exp...
Boral wins Wagners supply case
Wagners will make less money from selling cement to Boral, its biggest customer, in future after a court ruled the Queensland construction group must match lower prices of riva...
CarbonCure joins the WCA as Associate Corporate Members
The World Cement Association (WCA) announced today that Canadian company CarbonCure has joined its international community as an Associate Corporate Member. The company’s techn...
Cemex announces plans for US$1bn bond issue
Cemex has announced plans to issue US$1bn worth of bonds, with a 7.375 per cent coupon and a maturity date of June 2027. The issue is expected to be used to support ongoing bus...
FLSmidth wins kiln alignment order from Dangote Cement
FLSmidth has entered into a frame agreement with the African conglomerate Dangote Industries to provide hot kiln alignment services to 16 Dangote kilns located in Africa. The...
Caribbean Cement forecasts 10-20% sales decline in 2020
Jamaica-based Caribbean Cement expects its annual sales to drop 10-20 per cent this year, due to the effects of the COVID-19 pandemic. "The forecast we are seeing is a 10 to...
Birla Corp subsidiary opts for ABB Ability Expert Optimizer
Birla Corp subsidiary RCCPL will employ ABB Ability™ Expert Optimizer and other digital technologies to maximise production at its new cement plant at Mukutban in Maharashtra, ...
Sagar Cements sees 17% fall in revenue
India’s Sagar Cements has reported a 94 per cent decline in consolidated net profit to INR11.8m (US$156,598) in the final quarter of FY19-20, compared to INR187.5m in the corre...
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