Cement exports from Bangladesh fall in 5MFY18-19
During the first five months of FY18-19 (July-Nov 2018), Bangladesh's cement industry recorded a -2.8 per cent contraction in export revenue to US$4.92m compared to US$5.06m, e...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Sludge will no longer be moved to Alabama plant
After receiving sludge from a site in Fort Myers, Florida, LafargeHolcim's Geocycle has determined that the material will not be suitable for its purposes at its Alabama facili...
Carbon-neutral fuel launched at COP24
NextFuel, a new carbon-neutral fuel that is made from elephant grass has been unveiled at the United Nation's COP24 climate summit in Poland. The fuel can be burnt at industria...
Sagar Cements announces new investments in plant projects
Sagar Cements has approved significant investment in both Satguru Cements and Jajpur Cements, which will enable the company to expand its presence in central and eastern India....
Dominican Republic to see 4% growth in cement sales
Cement producers in the Dominican Republic expect to see cement sales increase 4.1 per cent YoY by the end of the year, according to the Dominican Association of Producers of C...
Mbeya Cement opens Building Materials Academy
Mbeya Cement (LafargeHolcim group) has opened its Building Materials Academy in Dar es Salaam, Tanzania to improve the client understanding of the use of the company's products...
Long Son plant to enter second phase of expansion
The Vietnamese Prime Minister has issued guidelines on investment for the expansion of Long Son cement plant, Thanh Hoa, and has agreed to action the second phase with two addi...
GBL's Albert Frère dies at 92
Belgian investor Albert Frère has died at the age of 92, according to his investment company Groupe Bruxelles Lambert (GBL). Mr Frère, who had a private fortune estimated at ar...
LafargeHolcim Bangladesh amalgamates subsidiary
LafargeHolcim Bangladesh Ltd (LHBL) informed Dhaka Stock Exchange on 2 December that the Board of Directors has decided to amalgamate of the company with its subsidiary Holcim ...
Investing, improving and incidents
This month is a round-up of global port news, beginning in India. Penna Cement has begun operations at its terminal and bagging plant at Cochin Port, Kerala. Marking an investm...
Argentine cement market contracts 18% in Nov 2018
Argentina’s cement consumption fell 17.8 per cent to 970,248t in November 2018 when compared with 1.18Mt in November 2017. When compared with the previous month, the decline wa...
ACC to restructure existing debt
Egypt’s Arabian Cement Co plans to restructure its existing US$23m and EGP499.3m outstanding debts due to one of the country’s banks, through a syndicated loan from the Europea...
GCCA heads to COP24 for recarbonation talks
The Global Cement and Concrete Association (GCCA) joined governments, climate groups and campaigners from around the world in Poland for the United Nations' international clima...
APCMA reports Pakistan cement dispatch rise for 5MFY2018-19
According to All Pakistan Cement Manufacturer Association (APCMA), total dispatches from Pakistan's cement mills in the first five months of this fiscal July-Nov 2018 stood at ...
Southern Province Cement to sell 20,000t of cement to Yemen
Southern Province Cement has signed an agreement to export 20,000t of Portland cement to Yemen. The contract expects to deliver the volume over a three-month period, starting...
India Cements to acquire Springway Mining
India Cements has entered into a share purchase agreement to acquire the entire shareholding of Springway Mining in a phased manner. On 3 December 2018 the company purchased ...
Hail Cement appoint new chairman and deputy chairman
Hail Cement Co's board of directors approved on 3 December the appointment of Ali Othman Al Zaid as the company's new chairman. Meanwhile, the Saudi Arabian cement producer ha...
Raysut Cement to acquire stakes in Indian cement producers in 1Q19
Raysut Cement of Oman plans to invest US$700m in the Indian cement market by 2022. The cement producer intends for approximately US$200m of this total to be invested in acquiri...
Unacem shareholders to discuss merger with Inversiones Andino
Peru-based Unacem reported that its general meeting of shareholders will evaluate the proposal between the company and the Investment and Administration Trade Union, Inversione...
Raysut Cement awards WHR contract to Sinoma
Oman's Raysut Cement has awarded the contract for the installation of a waste heat recovery (WHR) system to Sinoma Overseas Development Co of China. The project is reported to ...
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