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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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Algeria: introduction import licences delays supply
The decision of the Algerian government to require import licences for imported cement is causing delays in the supply of cement. However, the issuing of licences is progressi...
South Africa: NUM signs one-year wage agreement with LafargeHolcim
South Africa's National Union of Mineworkers (NUM) signed a one-year wage agreement with the local unit of cement maker LafargeHolcim, it said on Monday, ending a strike that h...
Bestway consolidated turnover up 45.5%
Bestway Cement Ltd (BCL) said that its consolidated net turnover for the first half of FY15-16 soared by 45.5 per cent YoY to PKR21.1bn, largely due to the acquisition of Pakce...
India: Shree Cement receives first non-coal mining lease in Chhattisgarh
Shree Cement has won the first ever non-coal mining lease auctioned by the state government of Chhattisgarh, India. The Indian Bureau of Mines (IBM) price of limestone in Ch...
Weaker exports reduce clinker production at Toral de los Vados, Spain
Clinker production at Cementos Cosmos' Toral de los Vados factory in Spain declined by 10 per cent in 2015 to 600,840t. The drop in production has been mainly attributed to l...
Buzzi Unicem strengthens US distribution network
Buzzi Unicem has added three new terminals to its distribution network, acquired after the merger between Lafarge and Holcim. Located in Rock Island (IL), Grandville (MI) and E...
Arabian Cement Co launches new cement brand in Egypt
Arabian Cement Company (ACC) recently announced the launch of its latest OPC brand in Egypt, under the brand name "Al Nasr". "We are extremely pleased to announce launching ou...
ZCCM plans cement and power investment
Zambia-based ZCCM Investments Holdings is expected to develop a cement plant and 52MW thermal power and Ndola as part of the company’s diversification programme. ZCCM-IH wil...
Italcementi increased net loss
Italcementi's turnover improved by 3.5 per cent in 2015 to EUR4301.6m, but EBITDA declined by 10.3 per cent to EUR584m and the trading profit fell by 36.6 per cent to EUR148.4m...
Spain: January cement demand falls 1% in January 2016
Cement consumption in Spain slipped by one per cent YoY to 747,416t in January 2016, according to Oficemen, the country’s cement association. In light of the evolution of la...
Brazil: Votorantim Cimentos launches new portfolio of bagged cement
Votorantim Cimentos is launching in the Brazilian market the biggest innovation of its retailing cement portfolio in 83 years of history, the company said in a statement. The ...
Indonesia: robust monthly cement sales gains
Official Indonesia cement industry statistics for January 2016 show robust gains in domestic demand and exports compared to the previous year. Local cement consumption in Jan...
BUA Group reportedly in talks to build two plants in east Africa
The BUA Group of Nigeria in talks with China’s Sinoma to build two cement plants in east Africa and a steel plant in Nigeria for US$1.9bn, according to a report by Reuters. BU...
Preliminary US full-year shipment update
Shipments of Portland and blended cement in the US and Puerto Rico in 2015 totalled 91.493Mt, according to preliminary data from the US Geological Survey. Imports for the year ...
China: Anhui Conch Cement's Shaanxi unit suspends production
Chinese cement major Anhui Conch Cement has confirmed that its subsidiary Liquan Conch Cement, situated in Shaanxi province, has suspended production. The decision follows legi...
Saudi producers prepare for discussions over export ban
Saudi cement producers will meet government officials soon to discuss lifting the ban on their exports by around 20 per cent, a Saudi daily reported. In turn cement producers ...
Restrepo appointed VP of Cementos Argos division
Camilo Restrepo has been appointed the new Vice President of Cementos Argos' Caribbean and Central American regional division, the company announced yesterday. Mr Restrepo be...
Gambia minister refutes reports on Dangote licence
Gambia's Information Minister, Sheriff Bojang, has refuted claims that Dangote Cement was denied a licence to establish a local cement plant, explaining that such an investment...
China Tianrui Group Cement expects 30% drop in 2015 profit
Chinese cement manufacturer China Tianrui Group Cement Co said Thursday it expects its 2015 net profit to drop more than 30 per cent from a year earlier. The decline is attribu...
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