Three million shares in Sampyo Cement to be sold
Tongyang Networks Corp says it plans to sell three million shares in Sampyo Cement Co Ltd, a South Korean cement firm, for KRW13.72bn (US$12.8m). Sampyo Cement is a slag cem...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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FLSmidth to modernise its Valby HQ offices
FLSmidth is building a new campus in Copenhagen that will be the workplace of more than 1000 people. An agreement signed between FLSmidth and ATP Real Estate marks the first s...
Orient Cement announces 4% revenue increase
India's Orient Cement (OCL) has announced a 3.9 per cent YoY increase in revenue for the final quarter of FY18, rising to INR6.2bn (US$92.79m) from INR5.97bn. However, this was...
MP backs new cement plant for Chamba district
Shanta Kumar, Member Parliament, of the BJP has stated that the demand for a cement plant in the Chamba district of Himachal Pradesh, India, should soon be met. He hopes plans ...
Vicat advances in most areas, other than Egypt and Switzerland
Vicat's 1Q18 turnover showed 3.9 per cent improvement to EUR573m, which represents an underlying advance of 10.8 per cent at constant parameters and exchange rates. The cement ...
Umm Al Qura Cement announces fall in net profit
Saudi Arabia’s Umm Al Qura Cement Co has announced a 40 per cent YoY fall in net profit for the first quarter of 2018, decreasing to SAR10.2m (US$2.72m) from SAR17m, according ...
New cement plant planned for Al-Bayda
The city of Al-Bayda in Libya will be the location of a 4000tpd greenfield cement plant. Ali Hussein, the city mayor, has held a meeting with a number of German investors in th...
GICA exports first clinker to Europe
The Algerian Industry Ministry said GICA exported its first shipment of clinker to Europe in April. A subsidiary of state-run GICA Group delivered 45,000t. The shipment is pa...
UKQAA appoints new chair person
The UK Quality Ash Association (UKQAA) has appointed Tarmac's Allan Everett as the association's new chair, taking over from Power Minerals' Ivan Skidmore who spent four years ...
Growth of Indian cement sector slows in March
The growth of Indian cement output has slowed in March to 13 per cent, compared to 23 per cent of the previous month. However, the cement sector was one of the principal perfor...
Pakistan cement firms see profits fall
Pakistani cement companies continue to report decreases in profits, largely due rises in the cost of sale and other factors in the 9MFY17-18. DG Khan Cement Co Ltd (DGKC) e...
Caribbean Cement pays first instalment of asset buyback
Jamaica’s Caribbean Cement Co Ltd (Carib Cement) has paid the first instalment of JMD1.3bn (US$10.50m) on an asset buyback agreement with its parent company, Trinidad Cement Lt...
Rembang plant has environmental go-ahead
PT Semen Indonesia says it has fulfilled all of its operational requirements at its 3.3Mta Rembang cement plant, Central Java, since last March despite a series of protests by ...
UltraTech moves closer to plant operation
India-based UltraTech Cement has moved closer to commencing operations at its plant in Sonbhadra, Uttar Pradesh. The facility, initially owned by JP Associates (JPA), can only ...
Pioneer Cement appoints new General Manager
Raysut Cement Company has appointed Ashley Bryan as General Manager of Pioneer Cement Industries LLC, UAE, which is a wholly-owned subsidary of Raysut Cement Company, effective...
Colombia's cement market contracts 10% in March
Cement deliveries in the Colombian cement market fell 9.9 per cent YoY to 976,300t in March, according to the country’s national statistics office, DANE. Around 68 per cent, or...
Russian cement companies delivered 4.43Mt of cement by rail
In the first quarter of 2018, Russian cement companies supplied 4.43Mt of cement to their customers by rail. EuroCement Group accounted for a 34.5 per cent share of this tota...
Pakistan cement export revenue continues to grow
Pakistan cement exports during the first nine months of the current fiscal year (July 2017-March 2018) recorded a YoY fall of 8.5 and 13 per cent in terms of quantity and va...
Taiwan cement producers forecast profits from Chinese operations
Taiwan and Asia Cement are expecting to experience a profitable year, on the back of price hike in China and increasing pressure on cement manufacturers on the mainland who can...
Shree Cement to acquire railway siding operator
The board of India’s Shree Cement Ltd has approved the acquisition of Raipur Handling and Infrastructure Pvt Ltd, a private railway siding operator, for INR590m (US$8.8m). T...
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