Shift in Bolivian market due to reduced high-rise construction
The decrease in the construction of high-rise buildings in Bolivia has led to a change in cement sales, according to Fancesa’s Marketing Manager, Marcelo Maranon. Purchases ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Venezuela can't hide shortages and black market
This week ICR reported on the inauguration of the second line at the Las Llanadas cement plant in Trujillo, Venezuela. The Cementos Andino works is owned by Corporacion Socia...
Dangote Cement group increases revenues by 37% in 9M17
Dangote Cement’s overall group revenue increased by 36.5 per cent from NGN442.1bn (US$1.08bn) in the first 9M16 to NGN603.6bn in 9M2017, despite a 10.1 per cent fall in group c...
Peru sees 4% rise in cement demand in September
Cement consumption in Peru advanced 3.8 per cent YoY from 0.82Mt in September 2016 to 0.851Mt one year later, according to data from Asocem, the country's cement association. ...
Cement prices fall in Pakistan's northern zone
Competition among the cement players, particularly in Pakistan's northern zone, and seasonal fall in demand have triggered a cement price discount. BMA Capital states that cem...
Quantum Global exits Savannah Cement
Following the receipt of regulatory approvals, Quantum Global Group has completed the sale of its stake in Savannah Cement. "We are delighted to have partnered with Savannah...
Attock Cement Pakistan reports fall in profits
Attock Cement Pakistan Ltd (ACPL) announced its 1QFY18 financial result, which saw it post earnings before tax of PKR604m (US$5.7m) against PKR690m reported in 1QFY17. This re...
Irish Cement and local residents kept waiting on hazardous waste burning
An Bord Pleanála, Ireland's Planning Board, has said they need more time to decide on the planning permission granted to Irish Cement to enable it burn hazardous waste as a pow...
UltraTech Cement sales pass US$1bn in quarter ended 30 September 2017
UltraTech Cement Ltd, an Aditya Birla Group Company, has announced its unaudited financial results for the quarter ended 30 September 2017. Net sales stood at INR68,400m (US$1....
Argentina's demand sees 11% rise in 9M17
Argentina’s cement producers delivered 1,121,311t of cement in September 2017, up 12.6 per cent YoY and 0.8 per cent MoM, according to the country’s cement association, AFCP. ...
DG Khan raises profits by 49% in 1QFY18
DG Khan Cement Factory Ltd (DGKC) announced its 1QFY18 financial results on 18 October, posting a profit after tax of PKR2.83bn (US$26.8m) against PKR1.9bn earned in the corres...
Xinjiang cement industry returns to profit
The cement industry in Xinjiang province is faced with higher rates of overcapacity than any other part of China, making losses in three consecutive years. However, sector refo...
Pollution control authority requests plant closure
India's Kakatiya Cement & Sugar Industries Ltd have been informed to close its cement division operations on directions from the pollution control authority. Following instruc...
Key equipment for Fancesa line arrives at port
Some 200 large components for the new production line of Bolivian cement producer Fábrica Nacional de Cemento (Fancesa) have arrived at the northern Chilean port of Iquique. ...
YTL Corp founder dies
Yeoh Tiong Lay, the founder of and execuitive chairman of group YTL Corp, passed away on Wednesday, the group said in a news release. He was 88 years old. Mr Yeoh founded wh...
ACC 3Q17 sales volume rises 18%
ACC delivered sales volume growth of 18 per cent in the 3Q17 (July-September 2017) compared to five per cent in 3Q16. Sales volume reached 19.29Mt for the first nine months of ...
Spain's cement industry in drive to reduce CO2 emissions 80% by 2050
According to a new report by Oficemen, the Spanish cement industry is undertaking steps to reduce its CO2 emissions by 80 per cent by 2050 when compared with 1990 as base year....
UltraTech expected to announce large net profit fall in 3Q17
UltraTech Cement is likely to report a 30-50 per cent drop in the July-September quarter net profit on higher interest cost and depreciation related to acquisition of Jaiprakas...
ACC appoint Mr Jenisch as new director to the board
ACC Ltd has appointed Mr Jan Jenisch as an Additional Director to the Board as a Non-Executive, Non-Independent Director from 17 October 2017. Mr Jenisch was born in German...
Workers strike at PPC Slurry
The National Union of Mineworkers (NUM) said that its members of PPC Cement's Slurry plant near Mafikeng, South Africa, have embarked on a strike over wages. The NUM said that ...
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