Titan Group announces 9M17 net profits of EU33.1m
Titan Group recorded a small increase in sales and operating profitability in the nine months of 2017, mostly thanks to the growth in the US market. Consolidated turnover reach...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
ASI: Indonesia cement sales up 7%
For the first nine months of 2017, cement consumption in Indonesia rose 6.6 per cent to 47.432Mt from 45.504Mt, according to the Indonesian Cement Association (ASI). The data r...
August cement shipments in the US up 3%
Total shipments of Portland and blended cement in the US and Puerto Rico in August 2017 reached 9.7Mt, an increase of 3.1 per cent when compared with August 2016, according to ...
Nigercem Nkalagu preparing to commence production
Nigercem Nkalagu is planning to begin production in a move which will reinforce Nigeria’s cement production capacity, which presently stands at 25Mt. After shutting down in 2...
Semen Indonesia sales volumes up 6% in September
Semen Indonesia consolidated sales increased by 6.3 per cent YoY to 2,639,187t in September 2017. Volumes were primarily destined for the domestic market, which received 2,513,...
Masud Khan appointed CEO of Crown Cement
According to The Daily Star, Masud Khan has been appointed CEO of Crown Cement Group. Mr. Khan has previously served as CFO of LafargeHolcim Bangladesh Ltd. Alongside this, Kh...
Kuwait Cement earnings surpass US$10m in 3Q17
Kuwait Portland Cement achieved a jump of 471.61 per cent in profits during the 3Q17 compared to the same period last year. The company's earnings soared to KWD3.13m (US$10...
MOU signed for Shree Cement to investigate potential new plant in Jharkhand
The Jharkhand government has signed MoUs with Mineral Exploration Corporation Ltd (MECL) for undertaking mineral exploration to identify prospective mineral blocks with Shree C...
Eagles Materials Inc appoints new director to the Board
Business Wire reports that Eagle Materials Inc has appointed Margot Carter to its Board of Directors. Ms Carter now serves as the lead independent director, Chair of the Nom...
Siam Cement Pcl sees 16% fall in profit
Siam Cement Pcl reported a 16 per cent fall in 3Q17 net profit on Wednesday due to weak demand and lower margins in its chemical and packaging segments. According to a poll by...
Pacasmayo reports 6.7% rise in 3Q income
Cementos Pacasmayo increased its deliveries of cement, concrete and blocks by 4.8 per cent YoY in 3Q17 due to a higher level of self-construction activity and the recovery in p...
Malawi producers increase cement prices
Imported clinker and use of diesel engines to power cement production lines are causing cement manufacturers in Malawi to raise cement prices. A 50kg bag of cement was selli...
Carthage Cement sees 11% fall in 3Q turnover
Tunisia’s Carthage Cement saw its turnover fall by 11 per cent YoY to TND132.4m (US$53.1m) in 3Q17 from TND149m in 3Q16. The company’s domestic sales remained stable at TND9...
BUA Chairman says the cement industry is vital for Nigeria's foreign exchange
Alhaji Abdulsamad Rabiu, chairman of BUA Group, has said that the local cement manufacturers produce over 25Mt cement thus saving the country US$2m annually in foreign exchange...
Caribbean Cement limits its risk of rising fuel consumption
Caribbean Cement Company Ltd is now hedging its fuel bill to stabilise its costs. The company started to invest in hedges in the second quarter, amid rising sales and profit at...
Loma Negra sets its IPO at US$19/ADS
Loma Negra Cia Industrial Argentina SA said on Tuesday its initial public offering was priced at US$19 per American Depository share (ADS), raising about US$954m (US$40.4m). ...
CoolCure set to take the heat out of hydration
New Technology Solutions LLC, a subsidiary of Silicone Solutions (Cuyahoga Falls, OH, USA), has developed a patent-pending (PCT US15/11849) CoolCure technology to significantly...
Ashaka Cement approves Lafarge Africa's acquisition deal
Shareholders of Ashaka Cement Plc have approved the complete acquisition of the company by Lafarge Africa, in a deal with a cash consideration of NGN604.092m (US$16.8m) and t...
Petcoke ban in NCR expected to raise fuel costs and cement prices
Cement producers in northern states of India can expect rising fuel costs on the back of the Supreme Court's ban on petcoke use in the National Capital Region (NCR) from 1 Nove...
Saudi Arabian companies report profit falls in 3Q17
Saudi Arabia’s cement companies reported a fall in third-quarter profits when compared with the same period last year. Hail Cement saw its 3Q profit fall to SAR650,406 (US$ ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
