Bangladesh's Meghna Group receives HSBC award
Meghna Group of Industries, the parent company of Unique Cement Industries Ltd in Bangladesh, has received the first HSBC Business Excellence Award for its special achievements...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
San Luis rotary kiln burner ignited
On 21 February 2020 the main burner of the rotary kiln in the Lindos project for Cementos Avellaneda at San Luis, Argentina, was successfully ignited. SINOMA-TCDRI was the ...
Masaveu doubles US exports in 2019
Masaveu has doubled its export shipments to the USA from its Tudela Veguín plant in Spain in 2019. The US is now the third-largest market for the cement producer, representing ...
Cement consumption in Brazil slips 1% in January 2020
Cement sales in Brazil slipped 0.9 per cent YoY to 4.5Mt in January 2020, according to the country’s cement association, SNIC. Apparent cement consumption, which includes impor...
Boral posts lower 1H earnings
Boral Ltd reported a statutory net profit after tax (NPAT) of AUD137m (US$90m) for the half-year ended 31 December 2019, after significant items of AUD20m. The half-year result...
Qatar National Cement Co to diversify product range to meet infrastructure demands
Qatar National Cement Co (QNCC) has reaffirmed its support to the country's infrastructure development, adding that it will diversify its product range by adding new products t...
Cement demand in Spain falls 9% in January
Spanish cement consumption declined 8.6 per cent in January 2020 to 1,035,484t when compared with the year-ago period. The latest fall represents the third-consecutive month of...
Najran Cement reports SAR53.5m profit in 2019
Saudi Arabia’s Najran Cement Co has reported a net profit of SAR53.5m (US$14.27m) in 2019, a significant improvement upon the SAR83.5m net loss in the previous year. Sales al...
Maple Leaf Cement posts loss despite increasing sales during 6MFY19-20
Pakistan-based Maple Leaf Cement Factory Ltd (MLCF) has announced its consolidated financial results for the half year ended 31 December 2019. It incurred a net loss of PKR1.76...
MPA launches UK Concrete to promote concrete
The Mineral Products Association (MPA) has launched UK Concrete to proactively engage with political stakeholders and public bodies, and promote the advantages of building in c...
TÇMB re-elects chairman and announces export success
The Turkish Cement Manufacturers’ Association (TÇMB) has re-elected Dr Tamer Saka as its chairman, with Dr Saka having already served in the role since July 2019. Following hi...
Cementos Argos sees 11% rise in revenue for 2019
Colombia’s Cementos Argos saw a 11.4 per cent YoY rise in consolidated revenue to COP9.3trn (US$2.71bn) in 2019. EBITDA increased 14.3 per cent YoY to COP1.75trn, while its ope...
Thatta Cement's profits slip in 1HY19-20
Pakistan's Thatta Cement Company Ltd (THCCL) has announced its consolidated financial results for the half year ended 31 December 2019. It posted a profit of PKR116m (US$0.75m)...
Energy-related CO2 emissions remain flat in 2019
Global energy-related carbon dioxide emissions stopped growing at around 33Gt in 2019, despite the world economy expanding by 2.9 per cent, according to the International Energ...
Gharibwal Cement posts loss in 1HY19
Gharibwal Cement Ltd (GWLC) of Pakistan has announced its financial results for the half year ended 31 December 2019. GWLC incurred a net loss of PKR245m (US$1.58m) as compared...
Dewan Cement profit succumbs to fall in sales in 1HY19-20
Dewan Cement Ltd (DCL) of Pakistan has announced its financial results for the half year ended 31 December 2019. It incurred a net loss of PKR172m (US$1.15m) as compared to pro...
Brent oil prices expected to average US$62/bbl in 2020
Brent oil is forecast to average US$62/bbl in 2020 on the back of voluntary (Saudi Arabia, Kuwait, UAE) and involuntary (Iran, Venezuela) declines in OPEC supply, according to ...
Cemex UK has launched Vertua® ultra zero – a carbon neutral concrete
Cemex UK claims to have launched the UK's first ready-mix concrete that is a carbon-neutral product. The Vertua ® low-carbon concrete range can offset any residual CO 2 to pr...
ACC and Ambuja Cement announce new MDs & CEOs
ACC (LafargeHolcim group) has appointed Sridhar Balakrishnan as its new managing director and chief executive officer for five years effective from 21 February 2020. Mr Balakr...
Railway and tax measures expected to impact Pakistan's cement sector
The development of a railway line from a coalfield in Thar, Sindh province, to link to the rest of country, the start of a cargo train to Afghanistan and government measures to...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
