Ultracem plans new Honduran plant
Construction growth and increased cement demand in Honduras are prompting cement producer Ultracem to make plans for a new cement plant in Cortés in the northwest of the countr...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Sama Cement reduces stake in Sinai Cement
Sama Cement has announced that it has sold around 2m shares in Sinai Cement, decreasing its stake in the company from 9.689 per cent to 6.75 per cent, according to a statement ...
Bangladesh cement producers look for relief in coming budget
The Bangladesh Association of Construction Industry and Bangladesh Cement Manufacturers Association have submitted their demands for the incorporation in the coming July 2019-J...
Vicat's Egyptian market share targeted to reach 5%
Vicat has a market share of under three per cent in Egypt, but Tamer Magdy, CEO of Vicat Egypt, claims that the company will achieve profit early next year, while it aims to ta...
Raysut Cement recycle bulk carrier
The Raysut II bulk cement carrier of Raysut Cement Co of Oman was re-floated and recycled recently, according to shipping industry sources. Resolve Marine Group completed the c...
Pakistan FY19 may end on mixed results
Pakistani research house Insight Securities forecasts that in FY18-19 (July 2018-June 2019), domestic sales will fall 5.6 per cent to 38.8Mt (-10.2 per cent in the north but a ...
First low-carbon cement production unit in operation
The first plant producing low-carbon cement has started operation at Cuba’s Universidad Central Marta Abreu de Las Villas, according to Opciones. The experimental unit, which...
Hong Leong Asia looks to complete Tasek Corp takeover
Singapore-listed Hong Leong Asia is looking to take Malaysia’s Tasek Corp private in a deal worth an estimated MYR128.61m (US$30.6m), according to The Edge. The company current...
UltraTech Cement disposes of 5000t of waste from railway workshop
India’s UltraTech Cement has safely disposed of 5000t of non-hazardous waste from Golden Rock railway workshop in Tiruchi, Tamil Nadu. Phase I of the project, which began in Ja...
Peru’s judicial power ratifies fines for Unacem
Peruvian cement production Unacem and its distributors saw a UIT1614 (PEN6.7m – US$2m) fine imposed by Indecopi in 2014 for anticompetitive practices, ratified by the country’s...
Andusia and Powerday form SRF agreement
Andusia has signed a solid recovered fuel (SRF) supply contract with Powerday PLC, London's largest waste recycling and waste management company. Andusia and Powerday have f...
Bulk carrier detained outside Chittagong port
According to Chittagong Port Authority (CPA), the Egyptian bulk carrier "Wadi Feran" was arrested by orders of the local High Court on 23 May in a litigation case at the outer ...
Cemex aligns with UN sustainable development goals
Cemex has announced that it is strengthening its commitment to the United Nations (UN) Sustainable Development Goals (SDGs) by prioritising five goals that are directly connect...
Mohir Cement plans new 0.6Mta plant in Tajikistan
Tajikistan’s Mohir Cement Co has announced plans to construct a new 0.6Mta cement plant in Jaloliddin Balkhi district, Khatlon. An estimated US$30m is expected to be spent on c...
Raysut Cement targets expansion outside Gulf region
Raysut Cement Co aims to build on its recent acquisition of Sohar Cement by expanding into Africa and India. Raysut Cement's Chief Executive, Joey Gosh, signalled that further ...
India Cements Jan-Mar quarter net profit advances 23% YoY
Chennai-based India Cements has reported a 23 per cent increase in its net profit for the quarter ended March 2019. Higher prices, a recovery in cement demand and improved capa...
Vicat announces stake in 2170 to develop low-carbon cements
Vicat has approached 2170, a subsidiary of Burgundy-based JPS Granulats, to accelerate the development of low-carbon cements. The French cement producers has announced it would...
Ecocem forced to drop Vallejo mill project
Ecocem of Ireland has dropped plans for a grinding mill Vallejo, San Francisco Bay, California, USA, after project partner Vallejo Marine Terminal (VMT) withdrew from the propo...
EAPCC appoints Stephen Kyalo Nthei as acting MD
East African Portland Cement Co (EAPCC) has appointed Stephen Kyalo Nthei as acting managing director with effect from 20 May 2019. Mr Nthei, a Certified Public Accountant, j...
Hail Cement shuts down for maintenance
Saudi cement producer Hail Cement Co has announced its planned shutdown of its production line for maintenance. The company’s cement mill and packaging line will remain in oper...
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