Earlier cement industry news and analysis from International Cement Review's global newsroom.
Cimpor has reported a first-quarter turnover 28.7 per cent lower at EUR454.1m and EBITDA fell by 35.1 per cent to EUR80.1m. The trading profit (EBIT) dropped by 51.9 per cent t...
GICA signed two agreements on Tuesday in Algiers with Chinese equipment manufacturer CBMI (a subsidiary of Sinoma) to build a new cement plant in Bechar and extend the plant in...
Akmenes Cementas last year saw its net losses soar to EUR4.864m, more than a five-fold increase from EUR902,400 in 2014. Annual revenue fell by 6.5 per cent to EUR55.44m, Akmen...
PT Krakatau Semen Indonesia has awarded Germany-based Loesche a contract for its emerging Cigading slag grinding plant in Cilegon, Banten. The scope of supply for this contr...
The Financial Express reports that Lafarge India has reduced the number of bidders vying to acquire its assets to a shortlist of five: Cemex, Anhui Conch Cement, JSW Cement, Pi...
Arghakhanchi Cement has organised training seminars on building materials and earthquake-resilient construction for workers in Kathmandu, Republic reports. The company also ...
Holcim Philippines have released trading figures for 1Q2016, revealing that revenues have increased 17.2 per cent YoY to PHP10.1bn (US$216m), reports InPR. The company attri...
The Tanga Cement Company Limited (TCCL) has announced plans to raise output to 1.2Mt once the new kiln line is operational at its plant in northeastern Tanzania, East African B...
Cement producers in Nepal have asked the government to formulate an improved policy so that the country can achieve self-sufficiency and boost exports. They have requested assi...
The Times of India reports that JK Cement’s standalone net profit for 2015-16 was down 35.3 per cent on the previous year to INR1.015bn (US$15.1m). Quarterly profits for the pe...
Arabian Cement have announced a fall in earnings of 40.5 per cent in 1Q16. The company earned EGP34.1m (US$3.85m) in 1Q16, compared with the EGP57.3m (US$6.47m) in the same p...
Barak Valley Cements Ltd is considering the expansion from 750tpd to 1000tpd (0.33Mta) of its cement grinding plant in Karimaganj, Assam, India, according to a BSE filing. Th...
Cement production in Vietnam reach 31.4Mt in the first five months of this year, rising 16.1 per cent from a year earlier, the government-run General Statistics Office said. I...
A second kiln line is under construction at Tanga Cement Company Ltd (TCCL), Tanzania, which will increase clinker production capacity at the facility to 1.2Mta. The new line,...
LafargeHolcim subsidiary, PT Holcim Indonesia, plans to boost exports to Australia, Sri Lanka and Bangladesh this year amid unstable domestic demand, reports The Jakarta Post. ...
Arabian Cement (Egypt) reported a 40.5 per cent fall in earnings in the first quarter of 2016. According to consolidated financial results, the company earned EGP34.15m (US$3....
Fauji Cement Company Ltd (Pakistan) has reportedly halted production due to the collapse of the raw material silo at its Jhang Bahtar cement plant in Attock District, Punjab. ...
HeidelbergCement has received clearance from the European Commission for the acquisition of Italcementi. The European authority accepts the proposed divestment of operations in...
In the 1Q16 Cementos Argos reported an income of COP2.2trn (US$720.1bn), up 334 per cent compared to the same period in 2015. EBITDA ascended to COP425bn, a 38 per cent incre...
Twiga Cement announced at its Annual General Meeting held in Dar es Salaam yesterday that the dividend had risen from TZS267 (US$0.12) in 2014 to TZS306 in 2015. This increase ...
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