Oil-well cement plant launched in Kazakhstan
An oil-well cement plant is set to be launched in Kyzylorda region in December as part of the Industrial and Innovative Development Program. This isa joint Kazakh-Chinese enter...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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IBAU Hamburg launches largest automatic shipunloader
IBAU Hamburg has successfully commissioned the largest automatically unloading cement cargo ship, the Penna Suraksha, in Southeast Asia. The order will see Penna Cement of In...
Qassim Cement reports 89% fall in net profit
Saudi Arabia's Qassim Cement has seen an 88.9 per cent YoY fall in its net profit during the third quarter of 2018, decreasing to SAR5.68m (US$1.514m) from SAR51.24m. The profi...
Penna Cement files for an IPO for expansion plans
Penna Cement has filed for a INR15,500m (US$212.2m) initial public offering (IPO) with the markets regulator Sebi to raise funds for expansion and paying off debt. Penna Cemen...
RHI Magnesita held back by Chinese market in 3Q18
RHI Magnesita's 3Q18 results reported that the company's cement and lime segment continues to be held back by reduced cement production in the Chinese market and the company's ...
Insee Cement wins environmental awards
Insee Ecocyle Lanka, a subsidiary of Siam City Cement (Lanka) Ltd, scooped the silver award in the solid waste recovery, recycling and disposal or processing category at the Pr...
Vietnam surpasses annual sales targets
The Vietnamese cement industry has surpassed its annual sales target of 83-85Mt in the first 10-months of 2018, on the back of high demand in global markets. The country's indu...
Udaipur Cement reports sales increase in 3Q18
India's Udaipur Cement Works has reported a contracting net loss in the 3Q18 at INR139m (US$1.903m), compared to a loss of INR234.9m in the year-ago period. Furthermore, sales...
Calicom Industries acquires majority stake in Dandot Cement
Pakistan-based Calicom Industries has agreed to acquire a majority stake in Dandot Cement Co Ltd (DDCL). Under the terms of the transaction, Calicom Industries will acquire c...
A new wave of Asian overseas expansion?
This week CemNet reported on the announcement that Taiwan Cement is creating a new subsidiary, Dutch TCC Holdings, investing up to US$1.1bn in the new company. Dutch TCC Hold...
FLSmidth's new O&M manager sees cement in the fast lane
At first glance, racing high-tech cars at 300km/h and operating cement factories would seem to have little in common. But don’t tell that to Anders Benfeldt, the new head of FL...
End of Yemeni conflict could provide lifeline for Saudi exporters
CNBC reported that US Secretary of State Mike Pompeo and Defense Secretary Jim Mattis have called for a cessation of hostilities in Yemen and the start of a conflict resolution...
New plant announced for Uzbekistan
A new 1200tpd cement production facility has been announced by Sweden's ABA GTS group to be built in Angren, Uzbekistan. The project is expected to be completed by November 201...
Saurashtra Cement reports 17% sales increase
India's Saurashtra Cement has reported a net loss of INR37.2m (US$511,786) in the quarter ending 30 September 2018, falling from a net profit of INR100.7m in the year-ago perio...
Myanmar Government invites expressions of interest for new cement plant
The Ministry of Natural Resources and Environmental Conservation (MNREC) is inviting expressions of interest (EOI) from foreign and local investors to conduct detailed feasibil...
Ghana building code is launched
The Cement Manufacturers Association of Ghana (CMAG) has made a comprehensive 'Ghana Building Code' to ensure cement sold in the country is within the standards specified in th...
Nepal to be self-sufficient in cement production in 2019
The Cement Manufacturers' Association of Nepal claims that, while the import of clinker has increased due to high production demands, it expects the country to be self-reliant ...
Najran Cement sees increased 3Q loss
Saudi Arabia's Najran Cement saw its 3Q net loss after zakat and tax widen to SAR-23.7m (-6.32m) from SAR-17.1m in the year-ago period. The company’s 3Q sales fell nine per c...
Arkan's 9M18 results are stable at AED676.9m
Arkan Building Materials Company (ABMC) reported that it achieved a net revenue of AED676.9m (US$184.3m) in 9M18 compared to AED677.6m during the 9M17. The growth in pipes, blo...
Unacem reports 38% rise in 3Q net profit
Peruvian cement producer Unacem has reported revenues of PEN497.9m (US$147.7m) in the 3Q18, down 0.8 per cent from PEN501.8m in the 3Q17. Gross profit remained largely stable a...
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