Saudi cement sales rise 12% in July
Cement sales of companies operating in Saudi Arabia recorded an increase of 11.53 per cent in July 2017. Sales rose to 3.49Mt in July 2017, compared to 3.13Mt during the sam...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Shanshui Cement expects first-half loss to narrow
China-based Shanshui Cement expects that the group will continue to record a net loss for the six months ended 30 June 2017. However, the loss is expected to narrow compared wi...
Iconic area in Mexico City renovated with Cemex concrete
Cemex expects to supply over 27,000m 3 of special concrete for the renovation of 15 streets in Zona Rosa, an emblematic area in Mexico City. Since Zona Rosa is located among...
Italian producers to appeal watchdog decision
Buzzi Unicem, Italcementi and Cementir have been fined by the Italian Competition Authority following a probe launched in November 2015 into the existence of alleged anti-com...
Ramco Cements to increase grinding capacity
India-based Ramco Cements has embarked on an investment project to increase its grinding capacity in West Bengal and set up a new facility in Odisha. “We are doubling the cap...
Pakistan achieves monthly sales high
Pakistan achieved record monthly sales in July, increasing by 44 per cent YoY to 3.382Mt during the month led by robust growth in domestic demand. Data from the All Pakistan ...
Paraguay: INC reduces cement price as output increases
Paraguay-based Industria Nacional del Cemento (INC) has reduced cement prices to PYG36,500/bag from PYG39,800/bag - the third price reduction in the past four years. Product...
Tabuk and Al Jouf net profit dragged down by lower demand
Saudi-based producers Tabuk Cement and Al Jouf Cement have reported a decline in second quarter net profit due in part to lower demand. Tabuk Cement, which operates a 1.2Mta ...
Holcim Indonesia signs MoU for waste treatment facility
Holcim Indonesia has signed a groundbreaking Memorandum of Understanding (MoU) for a municipal waste management facility for refuse-derived fuel (RDF) located in Cilacap, Centr...
RAK Cement Co swings to second-quarter loss
UAE-based Ras Al Khaimah Cement Company (RAK Cement) incurred a loss in the second quarter of 2017 as revenues declined by 26.6 per cent during the period. The company record...
Holcim Indonesia half-year sales decline 10% YoY
Holcim Indonesia reported a 10 per cent decline in sales to IDR4288bn in the first half of 2017 due to “tough market conditions exacerbated by the timing of Ramadan,” the compa...
Lafarge board approves merger with Unicem, Atlas Cement
The board of directors of Lafarge Africa has approved the commencement of a merger with United Cement Company (Unicem) and Atlas Cement Co, according to a statement by the comp...
Siam City sees weaker domestic demand
Siam City Cement Co recorded an 80 per cent decline in second-quarter net profit with the fall being attributed to rising costs and weaker demand in its home market of Thailand...
China Resources Cement sees substantial rise in 1H attributable profit
China Resources Cement said its profit attributable to owners for the six months ended 30 June 2017 surged to HKD1639.8m, translating into an increase of over 500 per cent from...
Sino Zimbabwe sales boosted by housing developments
Sino Zimbabwe Cement realised a 10 per cent YoY increase in sales volumes in the second quarter of 2017 driven by housing developments across the country. Yong Wang, managing...
Vietnam considers cutting export tariff to aid cement oversupply
Vietnam’s Ministry of Planning and Investment (MPI) has proposed the export tariff be reduced to aid cement exports from the country. Domestic cement manufacturers have been s...
HeidelbergCement expects stronger second-half
While second quarter sales by HeidelbergCement were impaired by fewer working days due religious holidays as well as adverse weather conditions in large parts of North America,...
Buzzi Unicem’s profit boosted by lower interest costs
Buzzi Unicem's first half turnover improved by 7.3 per cent to EUR1353.8m and EBITDA advanced by 8.4 per cent to EUR241.1m. Group cement deliveries improved by 2.3 per cent to ...
FLSmidth awarded Uruguay cement plant contract
FLSmidth has been awarded an order from Cielo Azul Cementos y Calizas SA for engineering, procurement and supply of equipment for a complete cement plant near the city of Trein...
Vicat suffers from currency weakness in several countries
Vicat's first half turnover edged ahead by 0.8 per cent to EUR1248m, or by 0.9 per cent on a comparative basis, but the EBITDA declined by 8.7 per cent to EUR188m and the margi...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
