Bestway Cement recognised for sustainability endeavours
Bestway Cement, together with its newly-acquired Pakcem unit, was honoured for its efforts in contributing to sustainable development, when it received four awards at an award ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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UltraTech 3Q revenues rise 5%
Indian cement major UltraTech Cement reported five per cent revenue growth for the 3QFY15-16, driven by seven per cent volume growth while the cement pricing environment remain...
FLSmidth receives CRH process and optimisation order
FLSmidth has been awarded a contract for process and quality optimisation of 17 cement plants recently acquired by the CRH Group using FLSmidth's ECS/ProcessExpert® and QCX/Ble...
Holcim Indonesia completes acquisition of Lafarge Cement Indonesia
Holcim Indonesia Tbk has acquired Lafarge Cement Indonesia, following the merger of the two parent companies. The company has signed a conditional purchase agreement with re...
Zambia: New Ndola plant under planning
The Zambia Consolidated Copper Mines Investment (ZCCM-IH) is planning to establish a 5000tpd cement plant in Ndola, the Times of Zambia reports. ZCCM-IH Chief Executive Office...
Southern Province Cement 4Q15 results beats estimates
Saudi-based Southern Province Cement Co (SPCC) posted a strong set of results for 4Q15, with net profits at SAR298m (US$79.5m), coming in ahead of Al Rajhi Capital and consensu...
Brazil: Cimpor temporarily suspends Parana plans
Cimpor has temporarily suspended plans to build a plant in Parana state, Brazil, due to the economic slowdown in the country, company president Ricardo Lima said in a recent in...
Congo Rep to produce 3.3Mta of cement in 2016
The Republic of Congo expected to produce 3.3Mt of cement annually in 2016, a considerable increase when compared with the present 0.7Mt. The rise will enable the country, whi...
Vicem sales climb 4.2% in 2015
State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said it sold about 22.97Mt of cement and clinker in 2015, rising 4.2 per cent fr...
Bolivia to increase output in 2016
Bolivia is expected to increase production by around 11 per cent this year, as demand rises. Moreover, the commissioning of the new Sucre and Yacuses works will add to total ou...
Sagar reportedly in talks to buy Jaypee's Andhra Cements
Sagar Cements is in advanced talks to acquire Andhra Cements from the Jaypee Group, the Economic Times (ET) of India has learnt from two sources. JSW Cement is another potentia...
SCC Cement-Building Materials division facing near-term challenges
Siam Cement Co (SCC) is expected to report good fourth-quarter earnings, but its Cement-Building Materials' (CBM) division is expected to come under pressure from depreciation ...
Algoma JV to create a global fleet of cement carriers
Canada-headquartered Algoma Central Corp announced Friday that it has entered into a joint venture agreement with Nova Marine Holding SA of Luxembourg and its subsidiaries to...
Saudi Cement Co reports drop in 4Q profit
Saudi Cement Co reported a 32.8 per cent drop in fourth-quarter net profit on account of lower sales and an impairment charge for two kilns. In the three months to the 31 Dece...
Brazil's 2016 cement consumption expected to fall, possible recovery next year
With Brazil expected to have registered a drop in domestic consumption last year, a double-digit reduction is expected in 2016 by local industry experts, with a slight possible...
Egypt’s IDA invites new plant tenders
Egypt’s Industrial Development Authority (IDA) has invited tenders by local and international companies interested in constructing cement plants with a capacity of 2Mta in vari...
US October shipments down 2.2% YoY
Total shipments of Portland and blended cement in the US and Puerto Rico in October 2015 were about 9.3Mt, down by 2.2 per cent from the level in October 2014, data from the US...
KKR to swap stake in Dalmia Cement with listed parent
Private equity firm KKR is swapping its stake in Dalmia Cement for a piece of its public listed parent, according to a stock market disclosure on Friday. "Dalmia Bharat Ltd (D...
Peru cement demand slips 3.5% in 2015
Peru’s cement dispatches remained stable in December 2015 as they reached 881,000t while total dispatches edged up one per cent to 928,000t, according to Asocem, the country’s ...
Philippines: Republic Cement & Building Material plans to delist
Republic Cement & Building Materials Inc (RCBM) has applied for delisting of its shares from the Philippine Stock Exchange (PSE), effective 15 March 2016.The move follows the a...
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