USA: Summit Materials enters Las Vegas market with acquisition
Summit Materials Inc has acquired Sierra Ready Mix LLC (Sierra), a vertically-integrated aggregates and ready-mix concrete business located in Las Vegas, Nevada. The acquisitio...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Fancesa invites five overseas contracts to build new Sucre works
Bolivia’s Fábrica de Cemento Sucre SA (Fancesa) has invited five foreign equipment suppliers to take part in the bidding for the construction of its new plant in Sucre. “We hav...
France: Saint-Pierre-la-Cour plant to raise alternative fuel usage
Lafarge is to increase its alternative fuel usage at Saint-Pierre-la-Cour, the biggest cement plant in France, reports Aggregate Research. The replacement rate of fossil fuels...
Cemex develops fire-resistant and explosion-proof concrete
Cemex Mexico announced today that its developed a fire- and explosion-resistant concrete designed specifically at first to safeguard data processing centre, Proyecto Q, of the ...
HeidelbergCement sees losses shrink in 1Q16
HeidelbergCement's cement sales volume rose five per cent YoY for the period from January to March 2016, reaching 17.6Mt for the quarter. According to results released by the c...
Cementos Portland reports EUR29.6m loss in 1Q16
Spain’s Cementos Portland reported a loss of EUR29.6m (US$34m) in the first quarter of 2016, 0.4 per cent less than in 1Q15 due to a recovery in sales and savings in energy cos...
Holcim Philippines forecast flat net income
Holcim Philippines Inc delivered flat earnings in 1Q16 although the cement maker expects strong private construction activity and the implementation of the projects under the g...
USA: Vulcan Materials sees 15.6% profit improvement
Vulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 15.6 per cent higher at US$754.7m while EBITDA doubled (+100.3 per cent) to US$155.9m. ...
Oman Cement Co 1Q16 profits up
Oman Cement Company has reported a profit after tax of OMR3.84m (US$9.97m) during 1Q16 as compared to OMR3.83m in corresponding period last year - showing a minor growth of 0.2...
USA: Essroc cited for 10 health violations
The US Department of Labor's Occupational Safety and Health Administration (OSHA) cited through its Cleveland Area Office Essroc Cement Corporation for one repeated and 10 seri...
Holcim Indonesia expects capacity up 12% in 2016
Following the acquisition of PT Lafarge Cement Indonesia, Holcim Indonesia increased its domestic production capacity by 1.6Mta to 15Mta, the company said in a statement. In...
Pakistan: Attock Cement receives PKR7bn to finance expansion
Attock Cement Pakistan Limited (ACPL) has achieved another milestone of success by signing financial close amounting to PKR7bn (US$66.85m) to part finance new production line o...
Cemex intends to reduce its US exposure to reduce debt
In a further effort to reduce its high gearing, which stood at 180.1 per cent at the end of March, Cemex has agreed to sell assets worth US$400m to a US subsidiary of the Mexic...
India: mining law changed to assist cement mergers
The upper house of India’s parliament on Monday approved an amendment to the mining law, allowing the transfer of mines from sellers to buyers in a victory for the State Bank o...
Pakistan: Cement exports rise to 0.53Mt in March
The All Pakistan Cement Manufacturers Association (APCMA) has welcomed the news that cement exports rose to 0.53Mt in March 2016, up 20.6 per cent YoY. Exports have risen fo...
Spain: Cementos Molins 1Q16 profit up 1.7%
Cementos Molins posted profits of EUR15.36m for Jan-Mar 2016, up 1.7 per cent YoY. However, sales reached EUR130.69m, 10.2 per cent down when compared with 1Q15. The busin...
Myanmar: Lwin Mountain Cement feasibility study halted
The Karen National Union (KNU) has suspended the feasibility study for the Lwin Mountain Cement factory being carried out by the Phyu Min Tun Company, near Min Lwin Mountain, i...
Moody affirms LafargeHolcim's rating at Baa2
Financial analysts Moody has today affirmed the Baa2 long-term and Prime-2 short-term ratings for LafargeHolcim Ltd (LH) and its rated subsidiaries and changed the outlook to "...
Soc Cimenterie du Sahel to enter Mauritania market
The Mauritanian government has approved a project by Société Cimenterie du Sahel to set up a new cement plant. It is expected that the EUR27.118m investment will generate 300 n...
India: UltraTech’s profits rise to US$109m for 1Q16
UltraTech Cement’s quarterly earnings statement for 1Q2016 show consolidated net profit growth of 10 per cent reaching INR7.23bn (US$109m) for the year to March, according to a...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
