Adelaide Brighton reports record revenue
Adelaide Brighton has reported record revenue of AUD1413.1m (US$1017.35m) for 2015, representing a YoY increase of 5.6 per cent supported by cement and lime volumes, improved p...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Holcim New Zealand opens cement terminal at Port of Timaru
Holcim New Zealand officially opened its new cement terminal at the Port of Timaru on Thursday. The facility includes a 30,000t storage dome – a first for New Zealand – and ha...
Kenya: EAPCC issues profit warning
Kenya-based East African Portland Cement Co (EAPCC) expects its profit to fall by more than a quarter in the financial year ending June 30 citing year-earlier gains on land sal...
Higher cement volumes drive Elementia’s 4Q and full-year revenue growth
Mexico-based Elementia reported consolidated revenues for 4Q15 rose by five per cent YoY to MXP4.02bn and by 11 per cent over the full year to MXP15.33bn, mainly due to higher ...
Cementos Argos reports solid final quarter performance
Cementos Argos reported a solid performance in 4Q15, with double-digit growth in consolidated revenues and a significant increase in consolidated EBITDA. The growth resulted no...
Mexico: cement prices rise 6.7% in 2015
Cement prices in Mexico have risen 6.7 per cent in 2015, according to the National Institute of Statistics and Geography (INEGI). It is the highest price advance recorded since...
Loesche wins VRM slag grinding order
Yoo Gyeong CM Co of Korea has awarded a contract to Loesche for the grinding of granulated blast furnace slag at its brownfield KyungNam terminal. At the core of the order i...
Recognition for Taiheiyo Cement Corp's CSR Report 2015
Taiheiyo Cement Corporation’s CSR Report 2015, published last September, has been awarded the “Excellence prize for special recognition” in the environmental reparation section...
Pakistan: Pioneer Cement reports earnings of PKR988m in 1HFY16
Pioneer Cement Ltd reported first-half earnings of PKR988m (US$9.45m) versus PKR1.292bn a year earlier, translating into a decline of 24 per cent. In a communication to the Pa...
Euro area construction output down 1% in 2015
Average production in construction for the year 2015, compared with 2014, decreased by one per cent in the euro area and increased by 0.8 per cent in the EU28, according to ...
Semen Indonesia full-year net profit falls
PT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier. In its financial report published Tuesda...
India: new CMA president elected
Shailendra Chouksey, whole-time director of JK Lakshmi Cement Ltd, has been unanimously elected as the new president of the Cement Manufacturers' Association of India (CMA). ...
Senegal: cement output increases 13% in 2015
Cement production in Senegal rose 12.9 per cent in 2015 when compared with the previous year, according to the country’s Directorate of Economic Forecasting and Studies (DPEE)....
New managing director of PPC Zimbabwe appointed
PPC has appointed Kelibone Masiyane as managing director of PPC Zimbabwe. Following the recent re-deployment of former managing director of PPC Zimbabwe Njombo Lekula as the m...
Loan agreed for phase 2 of Song Lam cement plant
The Bank for Investment and Development of Vietnam (BIDV) has agreed to lend the Hoang Phat Vissai Group VND7trn (US$311.11m), the lion's share of which will go towards develop...
Panama’s cement production drops 8.6%
Cement production in Panama fell 8.6 per cent in 2015 as less product was required for the Panama Canal expansion. Total domestic output reached 1.996Mt, down from 2.184Mt in 2...
Lucky 1H performance and project update
One of Pakistan's largest cement producers and exporters, Lucky Cement Co, declared a profit after tax of PKR6255m (US$59.8m) during the first half of fiscal 2015-16, represent...
Ethiopia: Messebo in solid AF supply agreement
The Egyptian Company for Solid Waste Recycling (ECARU), a subsidiary of Qalaa Holdings’ Tawazon, has signed a five-year contract with Ethiopia’s Messebo Cement to supply biomas...
Vassiliko Cement expects "significant" improvement in 2015 financial results
Vassiliko Cement Works Public Co said it expects to show a "significant" improvement in financial results in 2015 compared to the year before. "The upward trend of the first ...
Pakistan: Maple Leaf secures funding for power plant
A consortium of Pakistan banks has opened a letter of credit to Maple Leaf Cement Ltd's (MLCF) via its wholly-owned subsidiary Maple Leaf Power Ltd amounting to US$27.20m for t...
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