Sustainable vision supported by thyssenkrupp at Cotec meeting
At the 11th Cumbre de Cotec Europa, an event hosted by the Cotec Foundation, thyssenkrupp supported the organisation's vision for a sustainable model for the economy and produc...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Cemex's consolidated 4Q16 and full year 2016 report
Cemex, SAB de CV announced that on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by four per cent du...
Spanish producers adapt to survive
Spain's road back to high cement volumes seems a rather tortuous journey with Fomento de Constructions & Contratas (FCC) announcing a net loss of EUR1625.2m this week for its ...
Dominican Republic cement sales up 7.5% in 2016
Sales of cement in the Dominican Republic rose by 7.5 per cent by volume and 5.2 per cent by value in 2016 when compared with 2015 according to the country’s cement association...
Colombian cement sales fall 5.5% YoY in 2016
Cement deliveries in Colombia decreased by 5.5 per cent YoY to 12.102Mt in 2016 from 12.807Mt in 2015, according to the latest figures published by DANE, the national statistic...
Pakistan: Cherat Cement profit rises by 52%
Pakistan cement producer, Cherat Cement, has announced its 1HFY17 (July-December 2016) financial result. It reported a profit after tax (PAT) of PKR1025m (US$9.75m) during 1HFY...
Argentina sees cement dispatches up 1.2% YoY in January 2017
Argentina’s cement market expanded by 1.2 per cent YoY in January 2017 as cement sales reached 868,590t from 858,496t the year before, according to the country's cement associa...
Pakistan: Pioneer Cement inks agreements with Sinoma-Chengdu
Pioneer Cement Ltd (PIOC) informed Pakistan Stock Exchange (PSX) that it has signed a contract with Sinoma-Chengdu of China for procurement of its new cement works, a 12MW was...
India: Birla sees 8% drop in 3Q income
Birla Corp reported a saw its net profit fall from INR139.9m (US$2.09m) in 3QFY15-16 to INR20.9m in 3QFY16-17. The company attributed the decrease to higher borrowing costs o...
Rwanda: new CEO of Cimerwa and PPC Gauteng business unit executive
Former General Manager of PPC Cement’s Hercules and Jupiter operations in Gauteng, Bheki Mthembu, has been appointed the CEO of Cimerwa in Rwanda. Mthembu assumed his new dut...
Uganda: Karuma project to buy cement locally
President Yoweri Museveni recently directed companies working on projects in Uganda to buy materials locally. Deng Changyi, the acting project manager of Sinohydro Corporation,...
European Parliament to vote on removing cement sector ETS exemption
On February 15 the European Parliament will vote on a report from its environment committee on the reform of the EU's emissions trading scheme (ETS). Among the recommendations ...
Vulcan's pretax profit grows by 67%
Vulcan Materials' turnover increased by 4.7 per cent in 2016 to US$3592.7m and EBITDA rose by 17.3 per cent to US$965.5m. After a net interest charge 39.5 per cent lower at US$...
Ireland: Quinn Cement open Warrenpoint export hub
Quinn Cement has establised a new cement export hub in Warrenpoint Harbour in Co Down, Ireland, in a GBP2.5m (EUR2.9m) investment. With a capacity to move 7500t, the export fac...
Kuwait Cement to sell stake in Kuwait Food Company
According to reports in ArabianBusiness.com, Kuwait Cement will sell its stake in Kuwait Food Company (Americana) to Gulf-based investment group Adeptio. The US$4.42m deal f...
ACC appoints Neeraj Akhoury as MD and CEO
Neeraj Akhoury took office on 7 February as new managing director and CEO of ACC. Mr AKhoury joins ACC from Lafarge Surma Cement, where he was CEO. "This is an exciting phas...
India: Ramco Cements reports 28% rise in 3Q net profit
India’s Ramco Cements has reported a 28 per cent YoY increase in net profit to INR1.519bn (US$22.6m) in 3Q16. The company attributes the rise to a reduction in operating costs ...
Cameroon: smuggled Dangote cement creates price drop
Dangote cement currently sells between XAF-2800-3500 (US$4.55-5.68) per 50kg bag in northern Cameroon, significantly lower than the XAF4500-4600 applicable in the south of the ...
Australia: GECA cement and concrete standard announced
Good Environmental Choice Australia (GECA) operates Australia’s only independent, not-for-profit, multi-sector ecolabelling programme and has released a new standard for cement...
Zimbabwe: PPC sales to December up 9%
PPC says sales at its Zimbabwe unit rose by nine per cent in the nine months to December 2016 after commissioning its Harare plant. The Harare plant was commissioned in Novembe...
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