Peru’s consumption stable in May
Peru’s cement market remained largely stable in May with consumption edging up by 0.6 per cent YoY to 0.778Mt and by 2.5 per cent from 0.759Mt the previous month, according to ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Thai King increases stake in Siam Cement
Thailand’s King Maha Vajiralongkorn Bodindradebayavarangkun has increased his stake in Siam Cement Group from 0.8 per cent to 30.8 per cent, and has become the top shareholder....
US Cement receives key permit for white cement plant
US Cement LLC has received a draft air permit from the Texas Commission on Environmental Quality for a white cement plant near the town of Brady. Groundbreaking for the 0.5Mt...
Cemex UK moves to Rugby
Cemex UK is moving its headquarters from Thorpe, Surrey, to its offices in Rugby, Warwickshire, to create a new HQ from 1 July 2018, said the company in a statement. The com...
Kerala records INR40 price hike
A INR40 (US$0.59) price hike in Kerala, India, over the past week has been blamed on cement companies and the state’s failure to organise a price regulatory body, according to ...
Spain’s cement consumption sees 12% YoY in April
Spanish cement demand rose by 11.7 per cent YoY in April, according to the country’s cement association, Oficemen. The growth has been attributed due to a recovery in housing s...
Mordovcement carries out modernisation plan
Mordovcement plant, part of Eurocement, is implementing its modernisation plan to increase the reliability of existing equipment and further automate the productioni process, a...
Belarusian government ready to sell Krasnoselskstroymaterialy
The Belarusian government is ready to sell Krasnoselskstroymaterialy to CRH for approximately US$200m, according to Deputy Prime Minister, Anatol Kalinin. "The investor does ...
ACC expects Indian demand to increase by 7% in 2018
India’s ACC expects the country’s cement demands to grow by seven per cent this year, assisted by infrastructure projects and the continued focus on rural development and affor...
PPC expects profit increase in FY18
South Africa’s PPC expects its net profit attributable to shareholders to increase between 55-65 per cent for the financial year ended 31 March, compared with ZAR93m (US$6.9m) ...
ARM Cement to relinquish Tanzania assets
ARM Cement will include KES854.6m (US$8.45m) of additional assets in Tanzania to sweeten the deal for buyers of the company’s non-cement business, according to The Citizen. ...
Morocco’s APC elects new board
The Association Professionnelle des Cimentier (APC) of Morocco has appointed Taraga Marouane, chairman of the Board of LafargeHolcim Morocco, as its new chairman. He succeeds M...
HeidelbergCement's 2020 Vision progress and Capital Markets Day
This week Dr Bernd Scheifele, HeidelbergCement Group CEO, has provided more detail on the company's Vision 2020 while the company's regional Board members gave further guida...
CRH receives approval to acquire Ash Grove Cement
CRH Plc has received regulatory approval to acquire Ash Grove Cement Co. The US Federal Trade Commission has issued its consent order, with the US$3.5bn transaction expected to...
Akhangarancement records production increase in May
Uzbekistan-based Akhangarancement has announced an increase in cement production for May 2018. The producer recorded a 2.7 per cent YoY increase to 175,024t in May, according t...
Akkord plans to increase production at Gazakh plant
Azerbaijan's Akkord Industry Construction Investment Corp OJSC plans to increase production at its Gazakh plant by a third, according to Trend News. "Major part of the cemen...
Hrazdan Cement restarts production under Russian ownership
Armenia's Hrazdan Cement Corp is operating again and has been bought by GM Holding, which is under Russian ownership. Zhoghovurd (People) newspaper, reports that GM Holding i...
GCC acquires Trident Cement, sells OK and AR ready-mix operations
Meixcan cement producer Grupo Cementos de Chihuahua (GCC) received regulatory approval for the purchase of the 0.315Mta Trident cement plant in Three Forks, Montana, USA, from ...
Council pulls out of Holcim Westport purchase
The Buller District Council has reneged on a US$5m plan to buy Holcim cement assets and land on the West Coast. The assets include a water supply and treatment plant, a quarry,...
Dangote sells 0.332Mt of cement in Cameroon in 1Q18
Dangote has sold 0.332Mt of cement from its 1.5Mta cement plant in Douala, Cameroon, in the first quarter of 2018 according to the Nigeria-based cement producer. The company ...
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