New BOPP film for extra bag protection
Cosmo Films, a speciality films manufacturer, has launched a special biaxially oriented polypropylene film (BOPP) to provide extra protection for cement bags. The BOPP film has...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Vietnam sees export value rise 19% in Jan-Jul 2016
Vietnam earned US$335.12m as it exported 8.97Mt of cement and clinker in the Jan-Jul 2016 period, up 18.8 per cent YoY in value, but down 6.2 per cent in terms of volume. The...
Denmark: FLSmidth 2H16 revenues fall 19%
FLSmidth's revenue decreased 19 per cent to DKK4135m (US$620.7m) in 2Q16 (2Q15: DKK5093m or US$764.5m). The revenue improved sequentially from 1Q16 but was nevertheless lower ...
Oman: Raysut Cement upgrades
Raysut Cement is in the process of completing several expansions and improvements across its domestic and international assets. One project currently underway is the upgrade...
United States: Sunrise reports progress on Pozz Ash project
Sunrise Resources has said that it has made “positive progress” in the development of its natural pozzolan Pozz Ash cement, Proactive Investors reports. Based on preliminary...
DR Congo: cement prices continue to rise in Kinshasa
The cement price in Kinshasa, DR of Congo, continues to climb. At present the retail price of a 50kg bag of cement stands at CFD17,000 (US$17.90) with retailers saying they are...
Germany: KHD suffers 1H16 revenue fall by 25.5%
KHD's 1H16 revenue amounted to EUR66.6m, considerably lower than the figure for the previous year (EUR89.4m). Reasons for the decrease of 25.5 per cent are the relatively low o...
Malaysia: CMS relies on cement demand
Despite its stock falling in April, Cahya Mata Sarawak Bhd (CMS) has managed to pick up momentum, registering a share price growth of 17.7 per cent between May and 12 August 20...
Magnesita reports US$45.4m net income in 1H16
Brazil-based Magnesita Refratários SA registered net income of US$45.4m between January and June of 2016, after a US$5m loss in the first half of 2015. The performance was driv...
USA: Martin Marietta elects new Board members
Martin Marietta Materials Inc has appointed a new independent director to its Board of Directors. John J (Jack) Koraleski, former chairman of the Board of Directors and CEO of ...
South Africa: AfriSam sees market potential for slag cements
Mike McDonald, manager of AfriSam’s Centre of Product Excellence, says that he expects demand for better-performing cements with a low clinker content to grow in South Africa....
India: Shree Cement profits hit US$76m in 1QFY16-17
In its trading results for the first quarter of FY2016-17, Shree Cement has seen its profits improve to INR5.1bn (US$76m). This represents an increase of 388 per cent on the sa...
Kurdistan: new Inekon Group plant
Inekon Group has signed a contract for a new plant project in the Iraqi region of Kurdistan worth US$450m. Project Manager, Michal Obrucník, said that the end customer is a Kur...
Krasnoselskstroymaterialy chases profits in Poland and Russia
Belarus cement producer Krasnoselskstroymaterialy is optimistic that its finances will return to the black by the end of 2016, reports BelTA news agency. The enterprise will s...
US$69m loan for Equatorial Guinea cement plant
The Equatorial Guinea government has been granted a XAF40.5bn (US$69m) loan by the Cameroon-based Common Savings and Investment Fund (CCEI) to build a cement plant in the west ...
Indonesia: Holcim completes Lampung terminal
Holcim Indonesia has completed the construction of its cement terminal in Lampung at a cost of up to IDR400bn (US$30.5m). The new 4.7ha facility will be used for both storage a...
Nepal: Arghakhanchi Cement to expand capacity to 1Mta
Arghakhanchi Cement is to spend NPR4.13bn (US$38.6m) expanding the output of its cement plant from 1200tpd to 3000tpd, giving it a nominal capacity of around 1Mta. The Kathmand...
UAE: Fujairah Cement sees 48% drop in revenues
Fujairah Cement Industries saw its revenues fall by 48 per cent to AED164.2m in 1H16 from AED315m in 1H15. The UAE-based company saw its profit for the period ended 30 June 20...
Tanzania: Tanga Cement 1H16 profits rise 55%
Tanga Cement has realised 55 per cent increase in net operating profit for the past six months despite strong competition from other cement companies as well as cheap cement an...
Canada: Quebec state investment fund to take controlling stake in McInnis
The Caisse de Dépôt et Placement du Québec has agreed to plans to inject an additional CAD250m (US$193m) into McInnis’s Port-Daniel integrated plant project under a deal which ...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
