Vietnam offers support for state-owned cement firms
According to figures released by the Ministry of Finance, the Vietnamese government is providing restructuring loans to unprofitable state-owned cement firms, VietNamNet Bridge...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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India: Nirma to acquire Lafarge India for US$1.4bn
LafargeHolcim has announced that it has reached agreement with Nirma Group for the sale of Lafarge India. The deal - valued at US$1.4bn - will see Nirma acquire assets that inc...
Saudi Arabia: export ban lifted
The Saudi Arabian government has decided to lift the export ban on cement, which was imposed in 2008 to push down prices and accommodate the demand generated by government-fund...
0.5Mta CIMAF Gabon plant inaugurated
Gabon President, Ali Bongo Ondimba, formally inaugurated the new Cements de l’Afrique (CIMAF) cement plant in Owendo, Gabon, in the presence of the country’s Prime Minister and...
India: Birla eyes September completion of Reliance acquisition
Birla Corporation has said that it expects to complete its acquisition of Reliance Cement by September, Gulf Today reports. The US$711m deal was initially struck in February 20...
India: Sagar production rates fall
Sagar Cements’ reported production and sales figures for June 2016 are down when compared to the figures from June 2015. Cement production stood at 130,035t in June 2016, a one...
Cement imports suspended in RDC
The government of the Democratic Republic of Congo has suspended grey cement imports for three months, reports local news source Radio Okapi. Modest Bahai, the country’s econ...
India: modernised MCCL almost ready for commercial production
The modernised plant at Mawmluh Cherra Cements Ltd (MCCL) is expected to begin its commercial operation in two weeks’ time, acording to the Sholling Times. MCCL managing dir...
Puerto Rico: Cemex agrees penalties for MSHA safety violations
The US Department of Labor’s Mine Safety and Health Administration announced that Cemex de Puerto Rico has agreed to pay US$291,722 in penalties and implement enhanced safety m...
Sri Lanka: Holcim exit causes tension with China and India
The possible takeover of Holcim Lanka Ltd by China Resources Cement Holdings Ltd, a subsidiary of the state-owned China Resources Group, is expected to cause tension with India...
Kenya: LafargeHolcim accused of conflicting priorities over EAPCC holdings
The outgoing chief executive of the East Africa Portland Cement Company (EAPCC), Kephar Tande, has told Kenya’s Standard newspaper that LafargeHolcim should either divest itsel...
India: UltraTech wins two coal mines in auction
UltraTech Cement, one of the largest cement manufacturers in India, has secured two coal linkages for its cement plants in Maharashtra. The company had participated in the ...
Paraguay: INC expects price fall in 1Q17
Paraguay’s Industria Nacional del Cemento (INC) forecasts a fall in cement prices at the start of 2017 as the cement producer brings online its new cement mill and the fuel con...
EU member states could save EUR9bn by co-processing more waste
Just over half of the waste generated in the EU is recycled, 13 per cent is used for energy recovery, but 35 per cent is still disposed of, mostly in landfills claims a report ...
Portugal: N+P deliver SRF
On 8 May 2016 a ship carrying 2500t of baled SRF berthed at Lisbon. The SRF originated from N+P Alternative Fuels’ location in Grimsby, UK and will be used as a substitut...
FLSmidth MAAG Gear appoints new head of global operations
Jens Westh has resigned his position as vice president & head of global operations at FLSmidth MAAG Gear. Morten Toft, presently heading customer services in FLSmidth Airtech,...
India: Delhi real estate developers to boycott Shree Cement
The Confederation of Real Estate Developers' Associations of India’s (CREDAI’s) regional representatives in Delhi have announced that they will boycott Shree Cement, according ...
Vietnam: consolidation unavoidable
Analysts may ponder whether cement production in Vietnam is entering a crucial phase as this week the Ministry of Construction announced that it would be divesting a large stak...
Greece: Heracles Cement plant modernisation
Heracles Cement, a member of the LafargeHolcim Group, announced the completion of its first phase of an investment plan to modernise its Volos plant. The project, costing ap...
Swiss deliveries up 7% YoY
Domestic cement deliveries in Switzerland increased seven per cent in 2Q16 when compared with the previous year. In April-June 2016 dispatches reached 1.25Mt, according to the ...
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