Peru: Unacem sees sales slip 4.3% in 2016
Unacem sales fell 4.3 per cent in 2016 to PEN1865m in 2016. In Ecuador, its subsidiary Unacem Ecuador sold 1.2Mt of cement at a value of US$153.2m. In the US Drake Cement in Ar...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Algeria: SARL Biskria Ciment orders five Loesche VRMs
Loesche has been awarded the contract for five large vertical mills (VRMs) by Algerian cement producer SARL Biskria Ciment. Two mills will be supplied for the grinding of ceme...
Semen Baturaja full-year profit down 21%, revenue rises slightly
Indonesia state-owned producer Semen Baturaja’s profit declined by 21 per cent in 2016 to IDR274.09bn (US$20.6m) due to revenue growth being lower than its costs, the Jakarta P...
Moroccan cement sales slip 10% in February
Morocco's cement market contracted 9.9 per cent YoY in February to 1.064Mt from 1.181Mt in February 2016. The Laayoun-S Elhamra region saw the largest decrease of 39.4 per c...
Namibia inaugurates its first RDF processing plant
Namibia’s Minister of Environment and Tourism, Pohamba Shifeta, has inaugurated the country’s first refuse-derived fuel (RDF) processing plant, a joint venture between Namibian...
Camargo reportedly selling cement unit
It has been reported by local press that Camargo Correa SA, the Brazilian family-owned conglomerate that has exited some of its businesses over the past year, has put its Inter...
Ukraine: Dyckerhoff Cement losses increase five-fold
Preliminary figures indicate that in 2016, Dyckerhoff Cement Ukraine, part of Dyckerhoff AG, increased its loss by UAH66m (US$2.46m) to UAH80.82m. The company's assets as of...
Cemex will not supply border wall
Mexico-based Cemex says it will not participate in construction of President Donald Trump's border wall. The company has been viewed as a potential beneficiary of President ...
Uruguay: Ancap to make further production cuts
Ancap is expected to make cuts in overtime, security and cleaning personnel to move the company's results closer to the black while keeping both plants at Minas and Paysandú op...
Nigerian government commends Dangote Cement self-sufficiency feat
The Nigerian government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement and is now an exporter of the commodity, ascribing the f...
Cemex launches Cemex Ventures
Cemex has announced the launch of Cemex Ventures, the company's open innovation and venture capital unit. According to a statement by the company, Cemex Ventures will devel...
Falling crude oil challenges uptrend, China cuts coal capacity
By Frank O Brannvoll, Cimeurope sarl, Belgium Last month the US$/EUR trading range was set at €1.04-1.08 and has held within €1.05-1.075 at €1.0720. Other than the US F...
HeidelbergCement to suspend new investment in Turkey
HeidelbergCement is to suspend all new investment in Turkey due to the political uncertainty in the country, said Dr Bernd Scheifele, CEO of HeidelbergCement. He expressed co...
Spanish cement market starts 2017 with good growth
Spain's cement market expanded by 4.2 per cent YoY in February 2017 when sales reached 910,252t, according to Oficemen, the Spanish cement association. However, exports fell by...
AfriSam reported to replace CEO ahead of PPC merger
To help enable the merger with rival PPC, AfriSam is set to replace its CEO, Stephan Olivier after nearly seven years of leading the firm, according to local press reports in S...
Kuwait Cement FY16 profit up to KWD19.5m
Kuwait Cement reported a modest increase of its full-year profit from KWD19.3m (US$63.2m) in FY15 to KWD19.5m in FY16. The company’s total operating revenue advanced from KW...
Macedonia: Cementarnica Usje non-cons net profit falls 5% in 2016
Macedonia’s Cementarnica Usje, a subsidiary of Greece-based cement producer Titan, saw a five per cent YoY decrease in its non-consolidated net profit to MKD1.2bn (US$20.7m) in...
India: Government to sell non-operational CCI units
The government of India has announced that it plans to sell off five non-operational units of the Cement Corporation of India (CCI) as the first step towards complete divestmen...
Holcim Philippines, Robinson Land sign cement supply contract
Holcim Philippines will support the expansion of the Philippines’ leading real estate developer, Robinsons Land Corp (RLC) as it provides cement to 44 projects to be built by R...
Saudi Arabia: Northern Region Cement Co appoints new board top
Saudi Arabia’s Northern Region Cement Co has appointed Sulaiman bin Salim Al-Harbi as the Board's chairman. The board also assigned the role of the deputy chairman to Raed I...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
