Venezuela's construction industry stalls in 2019
The president of the Venezuelan Chamber of Construction (CVC), Mauricio Brin, has said that the sector will close 2019 with a fairly negative balance sheet, due to a continuing...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Bangladesh cement industry to grow 10%
Bangladesh's cement industry continues to show double-digit growth in 2019 as indicated by the available data to date, according to the annual report of MI Cement Factory Ltd. ...
Universal Cement Corp sees 17% rise in revenue
Taiwan’s Universal Cement Corp has seen a 17 per cent YoY surge in November revenue to TWD493.4m (US$16.19m) from TWD421.8m in the same period of 2018. In the first 11 months ...
Taiwan Cement Corp records modest decline in revenue
Taiwan Cement Corp has posted a revenue of TWD11.678bn (US$383m) for November 2019, a modest decline of 0.9 per cent from TWD11.784bn from the corresponding period of last year...
ENCI announces shutdown in 2020
The Board of HeidelbergCement-owned ENCI in Maastricht, The Netherlands, has informed its employees regarding the closure of the factory next year, according to Het Belang Van ...
Asia Cement Corp records 5% YoY revenue increase
Taiwan’s Asia Cement Corp has recorded a 4.9 per cent increase in November 2019 revenue to TWD8bn (US$262.5m), compared with TWD7.626bn in the year-ago period. In the first 1...
SOTACIB reopens after labour dispute
Tunisian white cement producer SOTACIB will restart its activities on 10 December, following three months of shutdown, confirmed the Governor of Kairouan, Mohamed Bourguiba. ...
Holcim Argentina appoints Christian Dedeu as CEO
Holcim Argentina will have a new CEO from January 2020. The company named Christian Dedeu, the first Argentinian to be appointed in the top job. Christian holds an economics ...
Brazilian cement market expands 4% in November
Cement sales in Brazil increased 3.9 per cent YoY in November to 4.7Mt, according to SNIC, the country’s cement association. Apparent cement consumption, which includes imports...
Alexandria Development seeks 100% acquisition of Alexandria Portland Cement
Egypt’s Alexandria Development Ltd (Titan Cement International) has announced its intention to acquire the remaining 11.07 per cent stake in Alexandria Portland Cement. It alre...
Domicem surpasses 1Mt output mark
Domicem, based in the Dominican Republic, has set a new production record. The company surpassed the 1Mt mark for the first time in its history. Adriano Brunetti, Domicem’s m...
Sagar Cements records 27% fall in production
India’s Sagar Cements has seen the company's standalone cement production/purchase decline 27.4 per cent to 172,160t in November 2019, compared to 236,967t in the year-ago peri...
HeidelbergCement completed Bangladesh acquisition
HeidelbergCement Bangladesh has informed Dhaka Stock Exchange that it completed the acquisition of 100 per cent of the shareholding of Emirates Cement Bangladesh Ltd and Emirat...
Imports into Bangladesh fall in FY20-19
Imports of clinker and cement into Bangladesh fell from US$776m in FY17-18 to US$643m, according to the FY18-19 Financial Survey, released by the country's Ministry of Finance....
JSW Cement will use UAE plant to grow
This week, JSW Cement announced that its new 1Mta clinker production unit in Fujairah, UAE, is expected to be on-stream in January 2020. The project will enable JSW Cement to t...
Natal Portland Cement cleared in price-fixing case
South Africa's leading antitrust tribunal has dismissed a price-fixing and market division case against Cimpor-owned Natal Portland Cement (NPC) more than a decade after an inv...
Cement export from Bangladesh falls in 5MFY19-20
Bangladesh's cement industry has earned an export revenue of US$4.08m during July-November 2019, compared to US$4.92m earned in same period last year. This translates a fall of...
Cementos Molins signs EUR180m green loan
Spanish cement producer Cementos Molins has signed a EUR180m green loan to refinance all of its domestic debt and extend its maturity by five years. The agreement includes o...
10Mta of new cement capacity to come on-stream in Pakistan
A big number of capacities will be added in Pakistan's cement industry, later this month and in early next year, according to market analysts. Current capacity projects are for...
CIMERWA reports 20% sales increase
Rwanda-based CIMERWA posted a 20 per cent YoY increase in its sales volumes and a 28 per cent growth in revenues to RWF514m (US$560,342) in the 9M2019, attributed to the mainte...
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