Oman: Raysut Cement CEO quits
Raysut Cement Company announced yesterday that its CEO, Salem bin Alawi Mohammed Baabood, has resigned. The Board of Directors accepted Mr Baabood’s resignation at a meeting on...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Indonesian cement sales fall 9% in November
The Indonesian cement market is seeing a steep fall in cement sales as the year draw to a close. Cement sales volume during January-November 2016 was almost stagnant with Novem...
Eric Olsen to chair Cement Sustainability Initiative in 2017
LafargeHolcim Chief Executive Eric Olsen has been appointed as chairman of the Cement Sustainability Initiative (CSI) for 2017. Mr Olsen’s appointment was confirmed at the CSI’...
Slovenia: Salonit receives EUR15m EBRD loan
The European Bank for Reconstruction and Development (EBRD) has announced it is to provide a EUR15m loan to Salonit Anhovo to help it improve its operations. The funds will be ...
Pakistan: Fecto Cement joins race for Dewan assets
Fecto Cement has announced that it intends to enter a bid for Dewan Cement’s North plant, a 1.134Mta facility located in Hattar. Earlier this month, Lucky Cement indicated that...
Aumund wins bucket elevator orders in India and Bangladesh
Following FLSmidth's recently-secured orders from Tamil Nadu Cement (TNC) of India and the Bangladesh enterprises of AKIJ Cement and Shah Cement Industries, Aumund has supplied...
Kenya: locals request priority in EAPCC land sale
East Africa Portland Cement Co (EAPCC) has proposed the disposal of parcels of land and residents in some of the areas have requested priority in the sale. On 17 November 20...
Cembureau respond to BAM aimed at cement sector
CEMBUREAU states that "the cement sector is deeply worried about the amendments to be submitted for vote tomorrow (15 December) in the European Parliament's Environment Committ...
Fitch: Latin America 2017 outlook stable
According to a new Fitch Ratings report, the 2017 Latin American cement outlook for both ratings and the sector is stable. Associate Director at Fitch Ratings, Gilberto Gonz...
Bahrain: APICorp acquires 30% Falcon Cement stake
Multilateral development bank Arab Petroleum Investments Corp (APICorp) announced it acquired a 30 per cent stake in Bahrain’s Falcon Cement Co (FCC), one of the largest cement...
Saudi Arabia: domestic firms' sales down 22% in November
Saudi Arabian cement companies saw their sales fall 21.92 per cent YoY to 4.2Mt in November from 5.4Mt in the same month last year, according to a Yamama Cement report. Tota...
Average oil price in 2017 to hover around US$61/bbl, gas at US$3.50/mBtu
Brent oil is expected to average US$61/bbl in 2017, peaking at US$70/bbl during the US driving season while WTI’s average is forecast at around US$59/bbl, according to the late...
Medcem Cameroon to officially open 16 Dec
Medcem Cameroon, owned by the Turkey-based Eren Holdings, will officially open its Douala plant on Friday, 16 December. With a production capacity of 0.6Mta, the cement plan...
Russia: market volume down in St Petersburg and Leningrad
For 2016 cement demand in St Petersburg and Leningrad totalled 3.7Mt, falling short of the 4.3Mt estimated for the year in 2015. The main players in these markets are Euroce...
Brazil: Arabian Cement back out of plant project
Arabian Cement announced yesterday that it will be postponing further steps to establish a cement grinding facility in Brazil. The adverse conditions in the Brazilian economy a...
HeidelbergCement announces Quarry Life Award winners of 2016
On 8 December 2016, the winners of the International Quarry Life Award were presented in Brussels, Belgium. This was the third edition of this bi-annual competition established...
Bolivian cement demand at 2.6Mta in 9M16
Bolivia’s cement market required 2.663Mt of cement in the first nine months of 2016, according to the National Institute of Statistics (INE). Santa Cruz had the highest deman...
Tanzania: workshop looks to attract more women to the cement sector
Tanga Cement PLC Communications and External Affairs Manager, Mtanga Noor, said women can be industry leaders in the cement sector. She was speaking in regard to the Tanzania...
Nepal: Minister for Industry praises Hetauda Cement
Nepal’s Minister for Industry, Nabindra Raj Joshi, has praised Hetauda Cement Industry for its role in the nation's future, saying “Hetauda Cement Industry is not just a factor...
Semen Indonesia plant receives environmental permit
Despite protests, Central Java Governor Ganjar Pranowo has issued a new environmental permit to Semen Indonesia for its plant in Rembang. The new plant is almost complete an...
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