Peru's cement market contracts 4.8% in November
Cement dispatches in Peru fell 4.8 per cent YoY in November 2015, according to Asocem, the country’s cement association. Some 0.884Mt of cement was sold, down from 0.929Mt in N...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Loesche mill series for Batisöke project in Turkey
Batisöke Söke Cimento Sanayii has ordered an entire line of vertical roller mills (VRM) from Loesche as part of a new kiln line project at the Söke cement plant in Turkey. F...
Vietnam output up 10.3%, exports to miss target
Vietnam produced 61.2Mt of cement in the first 11 months of this year, up 10.3 per cent from the same period of last year, the government-run General Statistics Office said. ...
Fives to supply Pillard burners to Siam Cement
Fives has recently been awarded a new contract by Siam Cement Group (SCG) to supply two Pillard NovaFlam® burners to equip the cement kilns at the Taluang plant in Thailand. T...
CIMAF to start up Rep Congo works in January
January 2016 will see the start of operations at CIMAF’s Hinda works in southern Republic of Congo, according to the country's Industrial Development and Private Sector Promoti...
India: government prepares CCI revival scheme
The government of India has prepared a revival scheme for the Cement Corporation of India (CCI). Approved by the government and ordered by the Board for Industrial and Financia...
Saudi: Al Jouf Cement signs financing agreement with Alinma Bank
Al Jouf Cement has signed a Murabaha financing agreement with Alinma Bank at a total value of SAR350m. The financing period extends from 15 December 2015 until 14 December 202...
Raysut Cement, Arabian Industries sign OMR2.1m deal
Raysut Cement Co has signed an agreement with Arabian Industries to implement a project to increase the competency of the Omani company’s gas pressure reduction plant (GPRP). ...
Sika opens new mortar plant in Philadelphia, UK
Sika has opened a state-of-the-art new mortar products plant in North America. The new facility is an extension of Sika's existing concrete admixture plant, the capacity of whi...
Joule and HeidelbergCement announce partnership
Joule, pioneers in the production of liquid fuels from recycled CO2, and HeidelbergCement have announced a partnership designed to explore application of Joule's technology t...
CPA: ONS construction figures highlight growth in private housing but sharp falls in public housing
Latest figures from the UK’s Office of National Statistics (ONS) state that total construction output rose by 0.2 per cent in October compared with September and was one per ce...
New Kazakhstan cement plant agreement signed
Huaxin Cement Co of China has signed an agreement to invest US$150m in the construction of a 1Mta cement plant in the Aktobe region of Kazakhstan. The deal was signed by Berdy...
Government investigates excessive capacity in northeast China
China's Vice Minister of Industry and Information Technology, Xin Guobin, recently led a delegation to investigate excessive cement capacity in northeast China. Xin urged loca...
Egypt: Beni Suef Cement starts SRC production
Beni Suef Cement has started to produce sulphate-resistant cement (SRC) for use in tunnels and other special projects. The Egyptian cement producer is aiming to boost sales by ...
Vice chairman of Vassiliko Cement resigns
The executive vice chairman of Vassiliko Cement Works (VCW), Maurizio Caneppele, resigned last week, according to an official announcement. He was appointed executive vice chai...
BofAML forecasts 2H16 oil price recovery; downside risks prevail as OPEC meeting ends in acrimony
Brent crude oil prices are expected see a recovery in the second half of next year, leading to average price of US$50/bbl in 2016, according to Bank of America Merrill Lynch (B...
Moody's places Votorantim Cimentos' Baa3 ratings under review for downgrade
Moody's Investors Service has placed Votorantim Cimentos SA's Baa3 senior unsecured rated debt and issuer rating under review for downgrade. The rating action follows Moody's...
Competition Appellate Tribunal sets aside penalty on 11 cement companies
The Competition Appellate Tribunal of India has set aside a US$945m penalty imposed on 11 cement firms by the Competition Commission of India (CCI) on accusations of cartel b...
China’s ICBC and Anouar sign US$171m financing agreement
Morocco’s investment group Anouar Invest has signed a financing agreement with the Industrial and Commercial Bank of China (ICBC) in the amount of US$171m for the construction ...
Holcim to close five Belgian concrete plants
Holcim Belgique announced the closure of five concrete plants in Belgium to union representatives. The step will affect around 60 employees in Brugge, Herentals, Izegem, Oosten...
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