Dangote lured by coal reserves in Zimbabwe
Nigerian billionaire Aliko Dangote has renewed interest in pursuing his US$1.5bn investment in Zimbabwe, according to Naija 247 News. An advance team of geologists have bee...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Ugandan cement producers given three weeks to lower prices
Uganda's Government, through the Ministry of Trade and Cooperatives, has vowed to allow cheap imported cement into the country if local cement manufacturers do not lower prices...
Moroccan cement market contracts 15% in March
Moroccan cement demand declined 15.1 per cent YoY in March 2018 to 1,124,152t from 1,324,221t in the third month of 2017, according to the latest data from the country's Minist...
OJSC Holcim (Azerbaijan) records net profit in 2017
OJSC Holcim (Azerbaijan) returned to profit within the full-year 2017 period, recording a net profit of AZN1.7m (US$1m). The proceeds from cement sales increased 37.1 per ce...
CDP report claims producers still need to vastly reduce CO2 levels
A new report by the Carbon Disclosure Project (CDP) entitled 'Building Pressure', which analyses 13 of the world's largest publicly-listed cement companies, reveals that they n...
Zambia to receive new 1Mta cement plant
Weye Construction Materials Ltd (WCM) plans to establish cement and quarry in Chilanga district, Zambia, at a cost of US$45m. The new plant will have a cement capacity of 1Mta...
Iranian cement facilities produced 49.7Mt in the 11MFY17-18
Iranian facilities produced 49.697Mt of cement during the first 11 months of the last fiscal year (20 March 2017-20 February 2018), falling 1.8 per cent YoY. The latest stat...
Indian cement industry may post flat growth in FY19
The Indian cement industry is expected to post a flat growth of approximately five per cent in FY19, despite an increase in demand and a positive outlook, according to an ICRA ...
Dominican cement sales down 4%, exports fall 5%
Dominican cement producers saw a 3.7 per cent fall in domestic sales and a five per cent decline in exports in the January-February 2018 period, according to the President of t...
Diamond Cement Ghana to work with government on Keta Port
The Ghana Ports and Harbours Authority (GPHA) has signed a Memorandum of Understanding (MoU) with the Diamond Cement Ghana Ltd, to build a port at Keta, Volta region, Ghana. ...
PPC considers expansion and possible sell-off in DR Congo
PPC Ltd's Chief Executive Officer, Johann Claassen, has vowed to boost liquidity and extend debt maturity and he's eyeing future expansion for the company in east and west Afri...
Egyptian cement prices rise EGP250/t in March
Egyptian cement prices increased by EGP250/t (US$14.14/t) to reach EGP1100/t at the beginning of March, reports Ahram Online. This has been attributed to some manufacturers usi...
Swiss 1Q cement sales fall 2% YoY
Domestic deliveries in Switzerland declined by 2.2 per cent in the first quarter of 2018, according to the country’s cement association, Cemsuisse. Volumes decreased from 85...
Shortage of cement could continue in Rwanda
A shortage of cement at distribution points is expected to continue in Rwanda, while retail prices will remain high until regional manufacturers resume production at the end of...
Pakistan's State Bank acknowledges cement growth
Pakistan's State Bank has confirmed that cement industry is performing well and a considerable amount of capacity is due to come ons-stream in a couple of years. Manufacturers ...
Cementos Alfa receives environmental approval for Mataporquera quarry
Spain’s Ministry of Environment has approved the expansion of the Mataporquera quarry, submitted by Cementos Alfa. With the approval the life of the quarry, where Cementos A...
Bélier brand is voted best product of the year
LafargeHolcim Côte d'Ivoire's Bélier cement brand has been voted best product of the year. This recognition was bestowed by the Label of the African Consumers in the presence o...
Cahya Mata Sarawak's stable transition
This week, Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported FY17 revenues up four per cent at MYR11.16bn (US$415.7m). Revenues improved with the first full year operatio...
New CSI-IEA cement technology roadmap offers strategy for 24% cut in CO2 emissions
The Cement Sustainability Initiative (CSI) and International Energy Agency (IEA) have published a new technology roadmap, Low-Carbon Transition in the Cement Industry, to updat...
PCA forecasts 3% growth in cement consumption for 2018
The USA-based Portland Cement Association (PCA) has released its Market Intelligence Spring Forecast and envisions modest growth for cement consumption over the next two years,...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
