Bangladesh exports fall 11% YoY in July-Aug 2018
Bangladesh's cement industry recorded an export revenue of US$1.85m during July-Aug 2018 compared to US$2.07m of the corresponding year-ago period, according to the Bangladesh ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Increase in seaborne coal and petcoke prices impact producers
Seaborne thermal coal and petcoke prices rose by 16-24 per cent YoY during the 1H18 period, eroding almost four per cent of the aggregate EBITDA of LafargeHolcim and Heidelberg...
FLSmdith's Central America contracts are now effective
FLSmidth has announced that the greenfield and brownfield contracts for plants in Central America are now effective, with the company receiving the agreed down payment. The two...
Pakistan cement producers record falling sales
Pakistan’s Fecto Cement Ltd has announced a 42 per cent YoY fall in profit for the FY18 ended 30 June, declining to PKR441m (US$3.56m) from PKR760m. Net sales of the company de...
Vietnamese exports expected to rise 43% in September
The Vietnamese Ministry of Construction (MoC) has estimated that the country’s cement exports will rise 43 per cent YoY to 2.2Mt in September. The country’s exports from Jan-Se...
8th International VDZ Congress inaugurated in Germany
The 8th International VDZ Congress 2018 held its inauguration ceremony on Wednesday in Düsseldorf, Germany. The three-day event will see representatives from the cement industr...
Flying Cement Co awards Loesche VRM contract for Mangowal
Flying Cement Co of Pakistan has placed an order for the delivery of a further vertical roller mill (VRM) with Germany-based mill specialist Loesche. The VRM will be install...
Pakistan cement sector subdued in FY18
The Pakistan cement sector collectively recorded a one per cent YoY decline in profit-after-tax during the FY18 period ended 30 June, according to a report by Spectrum Securiti...
Lafarge Africa receives shareholder approval for NGN90bn rights issue
Lafarge Africa has received shareholder approval to raise NGN90bn (US$246.93m) of capital through a rights issue and to restructure its short-term shareholder loan. “The add...
Philippines notifies WTO of import investigation
The Philippines’ Department of Trade and Industry (DTI) has notified the World Trade Organisation of its preliminary investigation to determine whether cement imports are causi...
Peru’s cement demand remains stable in August
Cement dispatches by Asocem members remained largely stable in August 2018 at 865,000t when compared with the year-ago period, according to the country’s cement association, As...
Holcim Philippines to raise capacity of La Union plant
Holcim Philippines has announced that it intends to raise the capacity of its facility in La Union, Luzon, from 1Mta to 1.8Mta by the first half of 2019, to further support the...
La Hien Cement records 20% revenue increase
Vietnam’s La Hien Cement JSC has announced a 20 per cent YoY increase in revenue to VND334.1bn (US$14.31m) for the first half of 2018. Furthermore, profit-after-tax surged 17 p...
Kigali Cement plant auction postponed
The auctioning of Kigali Cement’s plant in Nyarugenge, Rwanda, has been postponed, allowing more time for talks between the involved parties. The sale was being made to allow t...
Boral concludes deal with Geelong Port for new facility
A new clinker grinding and cement facility is to be built at Geelong following an agreement between Boral Cement and Geelong Port, Australia. The 25-year agreement will see Bo...
Aalborg Portland signs 5-year transport deal
Denmark-based Aalborg Portland has signed a five-year cement transport agreement with Demstrup Autotransport and Silo Trans. The two firms will carry out the more than 33,000 t...
Titan Group joins the GCCA
Greece’s Titan Group has announced that it has joined the Global Concrete and Cement Association (GCCA). Through its participation, the company continues building on its commit...
Vietnam cement demand up 14% YoY in August
Vietnamese cement demand rose 14 per cent YoY to 5.44Mt in August 2018, according to the Vietnam National Cement Association (VNCA). Of this total, northern provinces accounted...
JSW Cement begins work on 1.2Mta grinding unit
India’s JSW Cement has begun construction of a 1.2Mta grinding unit at the Kalinganagar Industrial Complex in Jajpur, Odisha, which will be used for the production of Portland ...
Gebr Pfeiffer commissions Osho grinding mill
Gebr Pfeiffer has erected and commissioned an MVR grinding plant at Port Elizabeth, Eastern Cape, South Africa, for Osho Cement in just four months. Osho Cement is a joint ve...
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