Flexicon (Europe) Ltd opens French office
Bulk handling equipment supplier Flexicon (Europe) Ltd has opened a new office in France to provide factory-direct sales and application engineering service to customers in Dij...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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PCA Summer forecasts suggests 2.3% growth in US cement consumption
The Portland Cement Association (PCA) has released its summer forecast for the US cement sector with its near-term projections largely unchanged since PCA's Spring outlook. ...
Nepal's cement producers recommend barring FDIs
Nepal’s cement producers have recommended barring foreign direct investments (FDI) in the sector during a discussion with Matrika Prasad Yadav, the Minister for Industry, Comme...
Wagners' annual net profit drops by 49%
Wagners in Australia has seen its annual net profit drop by 48.5 per cent to US$12.8m. The construction group blames its dispute with Boral for the poor business results. The ...
Gebr Pfeiffer opens new CIS region subsidiary
Gebr Pfeiffer has opened a subsidiary OOO "Gebr Pfeiffer GUS" based in Moscow, Russia. The subsidiary will serve orders in Russia, Ukraine, Kazakhstan, Belarus and Uzbekistan. ...
Geocycle signs tyre co-processing agreement with Argentina
Holcim Argentina subsidiary Geocycle has signed an agreement with Argentina’s Minister of Production, Labour and Sustainable Development, Graciela Pinal de Cid to enable the co...
South Korean producers to reduce coal ash imports
South Korean cement producers are expected to reduce the usage of imported coal ashes, on the back of concerns about contamination and the ongoing trade dispute with Japan. As ...
Power Cement suspends its older production capacity
Power Cement Ltd of Pakistan has suspended a third of its cement output due to lack of demand and falling prices. Pakistan's second largest cement producer has close 3150tpd...
Egyptian cement producers seek market solutions
This week HeidelbergCement-owned Suez Cement and Tourah Cement reported their 1H19 results with further declines in sales, leading to wider losses for both Egyptian cement ...
Lugait Cement plant upgrades to meet Mindanao's rising demand
Holcim Philippines, Inc (LafargeHolcim group) is preparing to start work on the modernisation of its Lugait Cement plant in Misamis Oriental as it expects continued growth in M...
Indonesian cement industry down 2% in 1H19
The Indonesian Cement Association has reported that domestic cement sales volumes in the 1H19 dropped 2.2 per cent YoY to 29.4Mt due to weaker demand from Java (-2.8 per cent Y...
Shree Cement records 37% net profit increase
India’s Shree Cement has reported a six per cent YoY increase in consolidated revenue for the quarter ending 30 June, rising to INR33.54bn (US$470.4m) from INR31.63bn. Net prof...
AGMK contracted to supply cement to Afghanistan
Uzbekistan’s Almalyk Mining and Metallurgical Combine (AGMK) plans to ship several batches of cement to Afghanistan by the end of the year, after signing a number of supply con...
IIGCC calls on cement producers to reduce carbon emissions
The UK-based Institutional Investors Group on Climate Change has urged cement producers to considerably reduce their carbon footprint. The European fund, which manages US$23tr...
Tajikistan's cement output up in 7M19
Tajikistan has announced that around 2.328Mt of cement was produced in the country over the first seven months of 2019. According to the Ministry of Industry and New Technologi...
Overin Ltd acquires 100% ownership of PJSC HeidelbergCement Ukraine
Overin Ltd (Cyprus) has brought the shares of PJSC HeidelbergCement Ukraine to obtain a 100 per cent stake in the company. Among the plant bought by Overin Ltd are the 0.61Mt...
Grasim Industries's net profits rise by 28% in 1QFY19
Grasim Industries (Aditya Birla Group) recorded a consolidated net profit rise of INR17,860m (US$250.4m) for the June quarter, up by 27.86 per cent, with strong performances fr...
Malaysian consumption to remain subdued in 2H19
Malaysian cement consumption is expected to remain subdued in the second half of 2019, as the construction and property development markets remain weak, according to Khairul Az...
Suez Cement records EGP293m net loss in 1H19
Egypt’s Suez Cement recorded a net loss of EGP293.4m (US$17.69m) for the first half of 2019, down from an EGP238.2m profit in the year-ago period. Revenues declined 16.7 per ce...
Tourah Cement sees net loss widen 205%
Egypt’s Tourah Cement has seen its net losses widen 204.7 per cent YoY for the first six months of 2019, surging to EGP461.25m (US$27.78m) from EGP2.24m in the 1H18. On a quar...
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