Iran reports 4% growth in 11M cement exports
Iran has reported a four per cent YoY growth in cement exports at 12,652,000t in the first 11 months of the last Iranian year (21 March 2018-21 February 2019). However, the val...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Tajikistan boosts output in Jan-Feb 2019
Tajikistan recorded a nine per cent increase in cement production to 482,000t in the first two months of 2019. Exports from the country reached 182,000t in the same period, acc...
State Bank of Pakistan reviews performance of cement in 1H19
The State Bank of Pakistan has released its second quarterly report on The State of Pakistan’s Economy for FY19. As stated by the report, the effects of macroeconomic stabilisa...
Cementos Argos dispatched 16Mt of cement in 2018
Cementos Argos has released its financial figures and strategic milestones of 2018 during the shareholders' annual meeting. Cementos Argos reported a consolidated EBITDA of CO...
BUA Group signs contract for new power plant
Nigeria's BUA Group has signed a contract with Finland-based Wartsila Oy for the construction of a 48MW power plant at its Sokoto Cement facility. The power project will supply...
Cement Hranice records 10% sales rise in 2018
Czech Republic-based Cement Hranice (Buzzi Unicem group) saw its sales rise 10 per cent YoY in 2018 to CZK1.697bn (US$74.59m). Profit increased 15 per cent to CZK513m, compared...
Ecocem proposes capital restructure and dividend payment
Irish cement producer Ecocem is preparing to pay out large dividends, reports the Irish Times. Shareholders at Ecocem are likely to recieve healthy dividends after the group pr...
Flying Cement to install OK™ mill on new 7700tpd line
Flying Cement Company has placed a major order with FLSmidth for its new 7700tpd production line in Mangwal, Pakistan. FLSmidth will supply a new OK™ 71-6 cement mill, which ...
LafargeHolcim Maroc appoints new Chairman of the Board
Lafargeholcim Maroc has appointed Ali Fassi Fihri, former chief executive of the National Office for Drininking Water and Electricity (ONEE), to chairman of the board. Mr Fih...
Fives supplies TSV™ classifier to Romanian gypsum plant
Belgium's Etex Building Performances, specialised in the production of plaster-based products, selected Fives for the modernisation of its calcined gypsum grinding unit, which ...
Building a stronger Cemex
Fernando A Gonzalez, Cemex's CEO, opened Cemex Capital Market Day on Wednesday, 20 March 2019 and stated that 'A Stronger Cemex' had been formed through a programme of accelera...
HeidelbergCement considers further portfolio optimisation
Dr Bernd Scheifele, chairman of HeidelbergCement Group, reflected positively on the group's full year 2018 results and its prospects for 2019. HeidelbergCement's revenue ros...
Simba Cement set to acquire Kenyan cement company
Simba Cement, a subsidiary of Devki Group, has received approval from the Competition Authority of Kenya for the 100 per cent acquisition of West Pokot-based Cemtech Ltd, accor...
Ghanaian cement prices rise for the second time in two months
Cement prices in Ghana have risen by GHS2.40 (US$0.45), which is the second increase for cement prices in the last two months. Cement producers have had to raise their prices a...
Buzzi Unicem announces resignation of non-executive director
Buzzi Unicem has announced that Luca Dal Fabbro will be resigning from his position of non-executive director, effective from the end of the board meeting on 28 March 2019. He ...
Bilfinger wins refractory order at Cemex Polska
Bilfinger's Engineering & Maintenance Continental Europe division has won an order to install refractories at the Cemex Polska Rudniki plant in Poland. The Rudniki plant is b...
Tabuk Cement wins clinker export order to Yemen
Tabuk Cement of Saudi Arabia has won an order to export 500,000t of clinker to Golden Oil Co in Yemen. The contract will conclude by the end of 2019, according to a bourse stat...
Cementos Argos helps build MLS stadium in Washington DC
Cementos Argos has helped build the new Audi Field Major League Soccer (MLS) stadium in Washington DC, USA. As over 21,945Mm 3 of concrete was required for the project, Cemen...
Titan Group records turnover of EUR1.4bn in FY18
Titan Group recorded consolidated turnover for 2018 at EUR1490.1m, recording a marginal one per cent decline compared to 2017. Earnings before interest, tax, depreciation an...
HeidelbergCement's operating line makes progress
Financial guidance for 2019 is for 'solid' or 'moderate' growth in Heidelberg Cement's revenue, EBITDA and EPS, and 'significant' net debt reduction (depending on which repor...
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