GCCA announces annual conference
The Global Cement and Concrete Association (GCCA) has announced that ‘Innovation in Focus’ will be the theme of its annual conference, which takes place at the Sofitel Singapor...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Rock Hard Cement wins classification ruling
Barbados-based Rock Hard Cement Ltd has won a final court ruling regarding the classification of its cement and therefore its related tariff. "Today’s judgment settled the d...
Arkan sees 55% net profit increase in 1H19
UAE-based Arkan Building Materials has announced a 55 per cent YoY increase in net profit to AED33.8m (US$9.2m) for the 1H19. The positive result has been attributed to cost ma...
Sonmez Cimento orders new WHR unit from CTP Team
Turkey’s Sonmez Cimento Yapi ve Madencilik has signed a turnkey EPC contract with CTP Team (Italy) for a WHR unit at its Sonmez Cement plant. The system will have a duel-loop c...
Mangalam Cement posts record quarterly profit
India’s Mangalam Cement has reported a record net profit of INR330m (US$4.66m) for the quarter ending 30 June, following an INR150m net loss in the year-ago period. Operation...
Sharjah Cement sees 85% drop in profit for 1H19
UAE-based Sharjah Cement has seen an 84.7 per cent YoY fall in profit to AED2.54m (US$691,626) for the 1H19, compared with AED16.55m in the year-ago period. The company also re...
Sabah considers new plant to ensure clinker supply
Sabah Economic Development Corp (SEDCO) and Cement Industries (Sabah) Sdn Bhd (CIS) are reportedly considering plans to build a clinker plant to ensure supply into the Malaysia...
Anhui Conch places laboratory equipment order
China’s Anhui Conch has ordered four polab® laboratory automation systems from thyssenkrupp, including units for the world’s two largest cement plants in Wuhu and Tongling, eas...
Loma Negra reports fire at L'Amalí plant
Argentina’s Loma Negra has reported that a fire broke out in an auxiliary building of the second line at its L'Amalí plant, Olavarría, last Thursday night. The line is still un...
Buzzi Unicem reports strong 1H EBITDA
Buzzi Unicem's first-half turnover improved by 13.6 per cent to EUR1518.7m and EBITDA rose by 26.9 per cent to EUR288.6m. Group cement deliveries improved by 7.1 per cent to 13...
JK Cement reports 212% increase in net profit
India’s JK Cement has reported a 211.8 per cent YoY increase in standalone net profit for the quarter ending 30 June, rising to INR1.53bn (US$21.86m) from INR493.2m. Net revenu...
Arabian Cement Co signs petcoke supply deal
Egypt’s Arabian Cement Co has signed an agreement with Egyptian Refining Co, a subsidiary of Qalaa Holdings, for the supply of 272,155t of petcoke. "This agreement aligns wit...
Kinshasa cement prices sees 11% hike
The price of a bag of grey cement in Kinshasa, Democratic Republic of Congo, has increased to CDF15,000 (US$9.08) from CDF13,500, according the national press agency ACP. The...
Kuwait Portland Cement sees slight fall in 2Q19 profit
Kuwait Portland Cement has noted a 0.7 per cent YoY decline in profit for the 2Q19 to KWD1.52m (US$5m), compared with KWD1.53m in the corresponding period of last year. Howev...
ECEBOL’s Oruro plant inaugurated
On Saturday, 3 August, Empresa Pública Productiva de Cementos de Bolivia (ECEBOL) inaugurated its new Oruro plant in presence of Evo Morales, Bolivia’s president. “The cement...
Siam City Cement Vietnam signs US$468m investment agreement with Kien Giang province
Kien Giang province has signed an investment cooperation agreement with Siam City Cement Vietnam, part of the Thailand-based Siam City Group, for a cement plant in Kien Luong d...
Qassim Cement sees 2Q profit rise
Saudi cement producer Qassim Cement reported a net profit after zakat and tax of SAR70.5m (US$18.8m), a 383 per cent increase YoY, when net profit reached SAR18.4m, according t...
HeidelbergCement reports challenging environment in 1H19
This week HeidelbergCement released its 1H19 results, which were impacted by falling volumes in Ukraine, USA and Egypt. Nevertheless, the group saw evenues up by seven per ce...
Titan Group's 1H19 results bolstered by USA
Titan Group recorded a turnover of EUR785.4m in 1H19, up 10.2 per cent on 1H18. This was attributed to a strong performance in the US market and growth in cement demand in sout...
Vicat sees poorer results in Turkey and Switzerland
Vicat's first-half turnover advanced by 4.6 per cent to EUR1340m but eased by 0.6 per cent on a comparative basis. EBITDA improved by 1.7 per cent to EUR228 while the margin...
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