Akranes cement plant to be demolished
The cement plant in Akranes, west Iceland, will be demolished, according to reports by the country’s broadcaster RÚV. The demolition crews moved in earlier this week and has...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Ho Chi Minh City concerned over cement shortages
Vietnam’s Ho Chi Minh City has expressed concern of a potential shortage of cement and construction sand in 2020, according to the Saigon Times. Tran Trong Tuan, director of ...
Fairfax drops plans to buy 23% of PPC
Canada's Fairfax Africa Investments Proprietary Ltd has pulled out of its attempt to buy 23 per cent of South African cement producer PPC for ZAR2bn (US$146.34m), PPC said on M...
Puerto Rican cement sales fall 16% in November
Overall cement sales in Puerto Rico fell by 15.8 per cent YoY in November, representing a modes improvements when compared with the previous two months. Output from Puerto Ri...
Cement plants in Pakistan reach 95% capacity utilisation
Cement plants in Pakistan reached 94.65 per cent capacity utilisation during the July-November period of 2017, according to The Nation. In November 2017 the country recorded a ...
Vietnamese cement sales rise by 3.5% in first 11 months
Vietnam sold 72.79Mt of cement in the first eleven months of this year, a rise of 3.5 per cent from a year earlier and this fulfilled 91 per cent of the full-year target. Of ...
Gansu Qilianshan to invest US$24m in Tibet cement JV
Gansu Qilianshan Cement Group Co Ltd plans to invest CNY159.25m (US$24.08m) to set up a cement joint venture in Tibet with a registered capital of CNY450m. The new investment w...
PPC Zimbabwe files High Court application
PPC Zimbabwe has filed a High Court chamber application for an interdict order to stop the Zimbabwe Revenue Authority (ZIMRA) from recovering a disputed US$3m interest and liab...
Tanga Cement wins awards from the NBAA
Tanga Cement has won an award for the ‘Best Presented Financial Statements’ from the National Board of Accountants and Auditors Board (NBAA), reports All Africa. This is the se...
Nepal sees an increase in capacity utilisation
Nepal's manufacturing industries utilised 57.3 per cent of their capacity on average in FY16-17 that concluded in mid-July, acording to an "Economic Activities Study Report 201...
Lafarge Malaysia Bhd expected to return to profitability in FY18
Excess supply and price pressure due to escalating competition have negatively impacted Lafarge Malaysia Bhd’s earnings in the current financial year. The company has posted th...
UltraTech Cement to build new Rajasthan plant and new Satna limestone mine
UltraTech Cement have announced a decision to construct a 3.5Mta integrated cement plant in Pali, Rajasthan. The cement plant represents an investment of INR18.5bn (US$287.4m) ...
Cementos Argos sets up waste recycling company
Colombian cement producer Cementos Argos announced the creation of Granulados Reciclados de Colombia, a company that will recycle construction waste into aggregates, bases and ...
Penna Cement plans expansion Gudipadu limestone mining to raise cement output
Indian cement producer Penna Cement is planning an expansion of the Gudipadu limestone mining project at the Gudipadu and Kundanakota, Anantapur district, Andhra Pradesh. Th...
LafargeHolcim Algeria celebrates first export from Arzew
LafargeHolcim Algeria will celebrate the first export of grey cement from the port of Arzew by a west African country. The ceremony will take place in the presence of repres...
Nepal's clinker import cost rises 33%
The cost of importing clinker to Nepal rose by 33 per cent in the first four months of the current financial year due to increased demand, reports The Kathmandu Post. The deman...
Wagners' share price rises 25% on first day
Wagners had a successful opening day on the Australian Securities Exchange with shares rising by 25 per cent, according to SBS News. The new listing now has a market value of A...
JK Cement opts for fresh investment
This week Indian cement producer JK Cement Ltd announced that it would be expanding its cement production capacity to reach 18Mta by 2022 from 11.1Mta today. Key steps in this ...
Former LafargeHolcim CEO placed under formal investigation
The former chief executive of Franco-Swiss cement group LafargeHolcim Ltd, Eric Olsen, was placed under formal investigation on Thursday as part of an inquiry into the group's ...
Argentina's cement consumption up 17% YoY in November
The Argentine cement market expanded 16.5 per cent in November 2017 with consumption increasing to 1,179,763t from 1,013,083t, according to the latest data from the country’s c...
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