ASEC Cement starts Zahana exit negotiations
Qalaa Holdings announced that its subsidiary ASEC Cement has commenced negotations to exit Zahana Cement, in which it owns 35 per cent of shares. ASEC Cement has invested US$...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Power Cement secures investment for plant upgrade
Arif Habib Corporation Ltd (AHCL) has called extra ordinary general meeting on 26 September to make an additional investment of US$11m in Power Cement Ltd (PCL), an associated ...
Rizmy Rishard becomes director Siam City (Lanka) Ltd
Siam City Cement (Lanka) Ltd has announced the appointment of Rizmy Rishard as an Independent Director, to its Board, effective from July 2018. Mr Rishard brings with him exten...
Shah Cement wins 'Superbrands' award
Shah Cement Industries Ltd of Bangladesh has won the 'Superbrands award 2018', in a award recipient's ceremony of Superbrands Bangladesh for 2018-20, held at Radisson Blu Dhaka...
GCCA expands to 16 members
The Global Cement and Concrete Association (GCCA) expanded to 16 members last month, adding companies from Europe, South America and Asia. Buzzi Unicem, Cementos Argos, Cemento...
Dominican domestic deliveries up 5%
Local cement sales in the Dominican Republic increased 5.1 per cent in the first six months of 2018 to 2,196,282t from 2,089,935t in 6M17, according to the country’s cement ass...
SOBOCE to invest further in El Puente
Bolivia’s Sociedad Boliviana de Cemento SA (SOBOCE) is expanding the production capacity at its El Puente cement plant to meet the current and future cement demand in Tarija. ...
Nepal's banks loan US$140.5m to Hongshi Shivam Cement
Hongshi Shivam Cement of Nepal has been supported by a consortium of five of Nepal's commercial banks who have approved credit of US$140.48m to the 6000tpd Nepal-China joint ve...
Cimentos de Maiaia signs coal deal with Vale
Mozambique’s Cimentos de Maiaia has awarded Brazilian mining giant Vale the contract for its coal supply. The initial deal is for 600tpa of thermal coal from Vale’s mines in...
Mexican cement prices forecast to rise in 2018
Cement prices in Mexico are expected to continue their rise this year. Cemex increased its cement price at the start and in the middle of the year by Cemex, "We have announced ...
Large housing scheme to raise Pakistan's cement demand
Pakistan's Prime Minister, Imran Khan, has chaired a meeting on construction of the '05 Million Housing programme' for of low-cost/affordable housing. The meeting was attended ...
Emisa to stop cement production
Emisa will cease to produce cement at its Oruro works, Bolivia. The company’s mills date from 1946 and are no longer able to compete effectively with newer plants. The compan...
Peru cement demand at 0.871Mt in July
Peru’s cement plants supplied 790,000t of cement to the domestic market in July 2018, up 1.8 per cent YoY and four per cent MoM, according to the country’s cement association, ...
Lafarge Africa Plc orders Loesche coal mill
Lafarge Africa Plc (LafargeHolcim) is erecting a new Loesche coal mill at its Ewekoro cement plant in Nigeria. The new mill will grind local lignite and petcoke. The mill ha...
East African Portland Cement pleads for more time
Simon Peter Ole Nkeri, managing director of East African Portland Cement (EAPC), has urged the courts and creditors to give the company time, while it trims staff levels and ...
Cemento Polpaico sees CLP4bn net profit in 1H18
Chilean cement producer Cemento Polpaico reported a 32.2 per cent increase in revenues to CLP82.114bn (US$120,143m) in 1H18 from CLP62.118bn. The company has attributed th...
Lack of foreign currency affects Zimbabwe's plants
Zimbabwe's foreign currency shortage is impacting on the operational efficiency of its cement plants. While Sino-Zimbabwe Cement Co is able to source 85 per cent of its raw ...
JK Lakshmi upgrades capacity for increased demand
India’s JK Lakshmi Cement Ltd has recently upgraded the capacity at two grinding units in Gujarat to supply the growing demand in the region. The units in Kalol and Surat sup...
Ukraine’s cement output down 5% in July
Cement production in Ukraine has fallen by 4.7 per cent to 963,000t in July YoY, according to the latest data from the Ukrainian State Statistics Service. When compared with Ju...
Zimbabwe reportedly faces cement shortage
Zimbabwe has been hit by a cement shortage with PPC and Lafarge out of stock in most retail outlets and warehouses across the country, according to a report by The Herald. As a...
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