UltraTech Cement secures winning bid for limestone block
UltraTech Cement has emerged as the winner in the auction of Chhattisgarh’s Guma limestone block. Over 600 bids were made for the mine in an e-auction that lasted for 15 hours,...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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State Bank of India may take five companies to NCLT
Burnpur Cement and four Patni Group entities may be brought to the National Company Law Tribunal (NCLT) by the State Bank of India (SBI) for insolvency proceedings, according t...
San Miguel Corp announces plans for new plant
Cement producers based in the Philippines are investing to expand their capacity on the back of an anticipated demand increase, which could result in an opportunity for exports...
Caribbean Cement seeks quarry extension approvals
Caribbean Cement Company Ltd (CCCL) plans to extend the Halberstadt Gypsum Quarry from 2ha to 6.7ha and establish a limestone quarry at Harbour Head spanning 50 acres. The Jama...
ARM Cement issues profit warning for 2017
Kenya-based ARM Cement has issued a profit warning for the 2017 period, suggesting that the company will post a loss of at least KES3.5bn (US$34.5m). According to a notice sent...
ACC and Ambuja to supply discounted cement to each other
ACC Ltd and Ambuja Cements have agreed to supply cement to each other at a discount, according to Bloomberg. The agreement also covers the supply of clinker, fuel, fly ash, sla...
Moroccan cement sales stable in February
Cement demand in Morocco remained stable in February 2018, reporting a 0.53 per cent YoY rise to 1,069,926t from 1,064,306t in February 2017, according tot he Ministry of Urban...
Dyckerhoff to acquire Portland Zement Seibel und Söhne GmbH & Co
Dyckerhoff, owned by Italian company Buzzi-Unicem, has announced the acquisition of independent German cement producer Portland Zement Seibel und Söhne GmbH & Co, more commonly...
Vietnam cement sales increase 38% to 7.62Mt in February
Vietnam sold 7.62Mt of cement in February, representing a 38 per cent YoY hike and 22.9 per cent of the full-year target, according to the Vietnam Building Material Association...
Cemex is the first company to operate plants by remote control
Cemex has announced that it is the first company in the industry to successfully operate plants by remote control. The company’s monitoring and remote control system, Centro de...
Cementarnica Usje net profit falls 9% in 2017
Macedonia’s Cementarnica Usje reported a nine per cent YoY fall in its non-consolidated net profit to MKD1.09bn (US$61.8m) in 2017. The Titan-owned company’s operating profi...
InterCem Engineering receives new Sea Invest order
Having completed and successfully commissioned the ship unloading system for Sea Invest in Abidjan, Côte d'Ivoire, in the 4Q17, InterCem Engineering GmbH has been awarded the E...
Phinma Corp begins imports from Vietnam
Philippine cement company Phinma Corp has recently imported 50,000t of cement, or approximately two million bags, from Vietnam with plans to import the same volume per quarter ...
FHL to set up a warehouse to avoid shortages
Fijian Holdings Ltd (FHL) is planning to set up a warehouse in the west to avoid cement shortages in the future, reports the Fiji Broadcasting Corporation. Last year FHL’s subs...
Sea Invest ship unloading system commissioned
InterCem Engineering GmbH completed in the 4Q17 the delivery of trough belt conveyors and all related components as well as the transfer tower to Cim Ivoire’s facilities i...
Vicat announces plans for upcoming Indian projects
Vicat Group will invest INR5.1bn (US$78.4m) to set up a 1.75Mta greenfield grinding unit in Vizianagaram, Andhra Pradesh, India. The group’s subsidiary Kalburgi Cements Pvt Ltd...
New plant to become operational in Cambodia
A new 1.7Mta cement plant is expected to come online on Friday in Battambang province, according to Cambodian Mines and Energy Minister, Suy Sem. While the factory's name remai...
Chia Hsin Cement Corp reports revenue decrease in February
Taiwan-based Chia Hsin Cement Corp has announced its results for the Jan-Feb 2018 period, recording a 26 per cent YoY decrease in revenue from TWD404.17 (US$13.80m) to TWD297.6...
Cementos Yaracuy scheduled to come online this year
As part of an agreement between Venezuela and India, Megatech International is currently building a 600tpd cement plant in the Barranco Amarillo sector of the Valeroso Peña In...
China Resources Holding forecasts significant increase in 1Q18 earnings
China Resources Cement Holdings (CRCH) said it expects a "significant increase" in group net profit for the first quarter ending on 31 March 2018, after it more than doubled it...
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