Buzzi Unicem records 1Q20 net sales of EUR688.5m
Buzzi Unicem has released its 1Q20 results which saw net sales reach EUR688.5m, up 4.9 per cent on 1Q19. Cement sales rose by 0.4 per cent to 6Mt, while concrete volumes fell b...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Loma Negra reports 30% decline in revenue
Argentina’s Loma Negra has reported a 29.6 per cent fall in net revenue to ARS7.77bn (US$122m) in the first quarter of 2020, compared to ARS11bn in the year-ago period. The com...
Gabon cement consumption up 9% in 2019
The Gabon cement market expanded 8.5 per cent YoY to 529,814t in 2019 on the back of strong domestic demand and sales saw a 9.7 per cent YoY increase to XAF39.6bn (US$65.3m), a...
Votorantim sells Canadian quarry to Sunrock Group
Votorantim Cimentos' North American business unit, St Mary's Cement, has sold an existing quarry with 1400 acres of high-quality aggregate reserves located in Burnt River, Onta...
Vietnam's cement exports to China drop 5% in 1Q20
China was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Departm...
Shree Cement posts 58% increase in profit
India’s Shree Cement has seen a 57.6 per cent rise in consolidated net profit to INR5.36bn (US$70.78m) in the quarter ending 31 March 2020, compared with INR3.12bn in the year-...
UNTHA Iberia delivers shredder for Geocycle's Albox facility
Geocycle (LafargeHocim) has received an XR3000C shredder from UNTHA Ibera for its Albox (Almeria) facility for co-processing in Spain. The equipment will help transform 15,000t...
Bangladeshi cement export shows negative trend in 10MFY20
As per data released by Bangladesh Export Promotion Bureau (EPB), Bangladesh's government recorded a significant fall of 13.1 per cent to US$29.49bn in total exports during the...
No new cement projects expected in Vietnam this year
Vietnam’s cement industry is not expected to see the construction of any new production lines this year, according to Nguyen Quang Cung, chairman of the Vietnam Cement Associat...
LafargeHolcim Bangladesh 1Q20 net profit rises 46%
LafargeHolcim Bangladesh sustained its profitability during January-March 2020, despite the ongoing COVID-19 pandemic. LafargeHolcim Bangladesh's net profit surged about 46 pe...
Arabian Cement sees 22% rise in profit
Saudi-based Arabian Cement Co has recorded a 21.6 per cent increase in net profit to SAR45.1m (US$12.03m) for the first quarter of 2020, compared to SAR37.1m in the year-ago pe...
GCC signs wind power agreement with Black Hills Energy
Grupo Cementos Chihuahua (GCC) has signed a power purchasing agreement (PPA) with Black Hills Energy to supply GCC’s Rapid City cement plant with half of its power requirements...
Gazakh Cement plant output stable in 4M20
Gazakh Cement Plant LLC in Azerbaijan reported a stable output in the first four months of 2020. The company produced over 209,000t of cement and 273,000t of clinker. This repr...
Bamburi sees 37% drop in net profit in 2019
Kenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (US$3.39m) from KES572m in 2018. The company attributed the ...
San Miguel Corp sale transaction lapses
In May 2019 LafargeHolcim signed an agreement with San Miguel Corp for the sale of its entire 85.7 per cent shareholding in Holcim Philippines Inc, subject approvals, including...
Ukraine cement output up 6% in 1Q20
Ukrainian cement plants have increased their output by 6.3 per cent YoY in the first quarter of 2020, according to Esmerk CIS News. In January-March 2020 a total of 1.625Mt ...
Pandemic to seriously affect global cement trade
At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in re...
HeidelbergCement releases 1Q20 results
HeidelbergCement has recorded a seven per cent decline in revenue to EUR3.93bn for the first quarter of 2020, compared with EUR4.24bn in the year-ago period. The company saw ...
Mahendra Singhi considers COVID-19 impact on the Indian cement industry
Mahendra Singhi, president of India’s Cement Manufacturers Association and managing director and CEO of Dalmia Cement (Bharat) Ltd, opened Cemtech’s third live webinar yesterda...
Cemento Melón to sell concrete products business
Cemento Melón has announced it will divest its concrete products business and has signed an agreement with Grau SA to sell 49 per cent of its concrete prefabrication shares. Th...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
