Graymont completes sale of New York Materials business to Upstone
Graymont, supplier of lime and limestone products, has completed the transaction to sell its New York Materials business to Upstone Materials Inc. The New York Materials busi...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Saudi Cement net profit down 37%
Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter of SAR165m (US$44m) versus SAR265m (US$70.5m) attributed to lower volumes and selling pri...
Buzzi Unicem first quarter volumes ahead
Buzzi Unicem's first-quarter turnover improved by 8.9 per cent to EUR588.5m. Net debt at the end of March was 4.1 per cent higher at EUR979.9m, while capital expenditure was re...
UltraTech Cement commissions slag cement grinding works
UltraTech Cement said it has commissioned a slag cement grinding works at Patliputra in Bihar, India. "The company has commissioned a 0.3Mta slag cement manufacturing capacity ...
Nevada Cement Co to reduce emissions, upgrade pollution controls
The US Environmental Protection Agency announced an agreement with the Nevada Cement Company to install new air pollution control technology at its Nevada facility and replace ...
Eagle Cement Corp prices IPO at PHP15
Eagle Cement Corp has priced its initial public offering (IPO) at PHP15 (US$0.30)/share, following the recent approval of its public listing by the Philippine Stock Exchange (P...
National Cement post 1Q loss
National Cement Co of Egypt reported losses of EGP40.4m (US$2.2m) in the first quarter of fiscal year 2016-17 against profits of EGP19.7m for the same period that year before, ...
MPA publishes latest Sustainable Development Performance summary
The Mineral Products Association (MPA) has published its 2016 Sustainable Development (SD) Performance Summary which it states demonstrates the Mineral Products industry's comm...
Sika relocates Kazakh production unit to larger site
Sika has relocated its concrete admixture and mortar production in Almaty, in the south of Kazakhstan, to a larger site in the 1.7m-population city. Aside from the Kazakh marke...
HeidelbergCement benefits from Italcementi integration
HeidelbergCement’s first-quarter results benefitted from the inclusion of Italcementi but suffered from competitive pressures in some emerging markets. Turnover in the thre...
Cementos Argos 1Q revenues impacted by Colombia
Cementos Argos posted a 6.1 per cent decline in consolidated revenues for the first three months of the year, citing a challenging first quarter affected mainly by Colombia. ...
Cementir benefits from acquisitions
Cementir's first-quarter turnover rose by 33 per cent to EUR279.9m while on a like-for-like basis the improvement was just 0.5 per cent. EBITDA improved by 7.9 per cent to EUR2...
Cement price increases to HNL216 in Tegucigalpa
The retail price of cement in Tegucigalpa, Honduras, has increased to HNL216/bag (US$9.21/42.5kg) in the last few weeks, reports El Heraldo. In other parts of the country ce...
Canacem: Mexico’s cement sector to grow 3% in 2017
The Mexican cement sector is expected to grow by three per cent in 2017, as housing construction contracts, according to Osmín Rendón, president of the national construction ch...
Cemex expands network to meet higher US demand
To meet the increased number of construction projects in southern California, Cemex USA is expanding its network in the region with plans for a state-of-the-art rail-served dis...
Tunisia: Bizerte sees turnover up 7.5% but loss aggravates
Tunisia’s Ciments de Bizerte has reported a TND22.179m (US$9.175m) loss in 2016, increasing the loss from TND6.61m the previous year. Turnover reached TND61.451m, a YoY incr...
Lafarge France to modernise Martres-Tolosane unit
Lafarge France will invest EUR100m in the modernisation of its cement plant at Martres-Tolosane in Haute-Garonne, France. The company is currently selecting a contractor to ...
Raysut Cement Co net profit down 62%
Raysut Cement Co reported a 61.76 per cent decline in its net profit in 1Q17 impacted by lower sales volume and increased tax rate, according to its quarterly report submitted ...
Titan 1Q results driven by US market
Financial results for Titan Group in the first quarter of 2017 recorded an improvement, primarily due to the continued recovery of the US market. All geographic regions where t...
Tabuk Cement profit down
Tabuk Cement on Wednesday announced a 59.2 per cent decrease in net profit during the first quarter of 2017, compared to the same quarter last year, according to a bourse filin...
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