Cevian Capital increases stake in CRH
Cevian Capital, Europe’s largest activist investor, has increased its stake in CRH to above three per cent for the first time. "As a long-term investor, we are pleased to be...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Ukraine cement industry increases output after import antidumping duties
Ukraine’s cement production advanced 10.6 per cent after anti-dumping duties on cement imports were introduced, according to Ukrcement Executive Director, Roman Skilskyi. “Af...
Votorantim Cimentos to install distribution centre in Uberaba
Brazil-based Votorantim Cimentos has announced plans to build a distribution centre in Uberaba, Minas Gerais, Brazil. The new centre will have storage space of 2000m2 and wi...
US fuel-grade petcoke market advances on Indian and Chinese demand
Indian demand for petcoke is reported to remain strong due to the desacceleration in Saudi refining and higher interest from China. This is leading to a strengthening of the US...
Eastern Province sees profit surge in 2019
Saudi cement producer Eastern Province Cement Co (EPCC) has posted a 158.7 per cent jump in profits to SAR181m (US$48.3m) in 2019, up from SAR70m in 2018. Revenues increased ...
Negative sentiments in Pakistan Stock Exchange
The Pakistan Stock Exchange (PSX) has lost more than 2200 points on the 100 index on 18 March and across the board. All major scripts, including the cement industry turned red,...
KHD signs EP contract with India's ACC
Regional subsidiaries of KHD Humboldt Wedag have signed an EP contract with India's ACC Ltd (LafargeHolcim) for the engineering, supply of equipment and supervisory services re...
Kunda Nordic Tsement to end clinker production
HeidelbergCement-owned Kunda Nordic Tsement, Estonia, is to close its kiln line in March following a decision by the company’s supervisory board. The closure has been attribu...
Pakistan sees mixed 7MFY19-20 cement production data
Pakistan's Federal Bureau of Statistics (PBS) has released production data for the period July 2019- January 2020 with a note that overall output of large-scale manufacturing i...
Cambodia has not yet seen a slowdown in cement sales over COVID-19
The coronavirus has not had a significant impact on the cement and other construction material markets in Cambodia, which are retaining strong demand at present. The Cambodian ...
Pakistan records mixed trend of cement revenue in 8MFY19-20
The export of cement/clinker from Pakistan during the first eight months of FY19-20, saw a fall of 5.80 per cent in terms of value but record a growth of 6.45 per cent compared...
PPC sees volumes improve and price rises stick
Cement-maker PPC said lower levels of capital expenditure has helped offset lower earnings during the 11 months to end-February, with its southern African business starting to ...
Australian contractors on the brink of collapse
Australia's construction industry is said to be on the brink of collapse, according to John Holland's CEO, Joe Barr. The building contractor reported losses of US$1bn in Februa...
HeidelbergCement and Italcementi donate to northern Italy's fight against COVID-19
To alleviate the extremely tense situation of the local community and to support the fight against the coronavirus, HeidelbergCement and its Italian subsidiary Italcementi are ...
The Korean Cement Association joins the WCA
The World Cement Association (WCA) has announced that it is welcoming the Korea Cement Association (KCA) as an affiliate member of its international network. "KCA has a long h...
Oman announces measures to ensure cement supply
Oman's Ministry of Commerce and Industry (MOCI) has announced measures to ensure there will be no shortage of cement in the market. "The Ministry will coordinate with Omani ...
Bedeschi wins material handling order in USA
Bedeschi SpA has been awarded by KHD Humboldt Wedag International AG the contract for clay crushing and handling equipment at the Lehigh Mitchell plant. Bedeschi is supplying ...
Fauji Cement commissions additional solar power plant
Fauji Cement Company Ltd (FCCL) has informed Pakistan Stock Exchange (PSX) on 17 March that in addition to the already commissioned 12.5MW captive solar power plant, the compan...
MPA calls for a ‘cash bridge’ for members
The Mineral Products Association (MPA) has written to the Chancellor of the Exchequer calling for greater support for businesses in the UK during the COVID-19 pandemic. Nigel...
Pakistan cuts interest rates and releases coronavirus economic package
State Bank of Pakistan (SBP) on 17 March announced three measures to support the economy and public health in response to the challenges posed by the spread of COVID-19. It red...
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