LafargeHolcim 3Q15 results expected to reflect headwinds
LafargeHolcim is due to report 3Q15 earnings on Wednesday, Analysts at Davy Stockbrokers said weak 3Q from the building materials giant will not surprise an already cautious ma...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Egypt: residents' angry over Titan’s Alexandria emissions
Titan's Alexandria cement plant is being investigated in terms of environmental concerns after local residents’ complaints. A complaint was filed on Sunday at the Alexandria Pr...
Peru: Soboce approves BOB487.2m to continue growth
An extraordinary shareholders meeting of Sociedad Boliviana de Cemento (Soboce) has approved to reinvest BOB487.2m (US$790.9m) and raise its paid-up capital to continue its inv...
Pakistan: Iranian imports continue to hurt domestic producers (APCMA)
The All Pakistan Cement Manufacturers Association (APCMA) said markets in areas near the Pakistan-Iran border and the coastal areas of Baluchistan continue to be flooded with I...
Morocco: Anouar Invest starts construction on second cement works
Moroccan holding company Anouar Invest announced the start of construction of a new cement works at Laâyoune. Located in Foum El Oued, the new Cimsud plant represents an inve...
New brand identity for Thyssenkrupp
To reflect changes within its organisation over recent years, Thyssenkrupp yesterday announced the launch of a unified global brand, reflecting transformation of the Germany-ba...
Pakistan challenges SA anti-dumping duty decision
Pakistan's Ministry of Commerce has initiated World Trade Organisation (WTO) dispute settlement proceedings to challenge South African decision to impose preliminary anti-dumpi...
Dangote outlines plans to expand Ethiopian operations
Dangote Cement is to invest US$450m to double capacity at its Oromia plant in Ethiopia. Local press reported that the Nigerian cement producer has already received a 36ha plot ...
HeidelbergCement reportedly considering Uzbekistan investment
Uzstroymaterialy JSC and HeidelbergCement have started the active phase of negotiations for the acquisition of 35.9 per cent of shares of Uzbekistan cement producer Kyzylkumcem...
SCG renames Tra Chang building materials line
Siam Cement Group has renamed its Tra Chang building materials line as SCG in a bid to strengthen its branding in the Asean market as well as globally. "Our stepped-up compe...
CRH reiterates 2015 guidance
CRH reported that its third-quarter trading environment benefitted from continued positive momentum in the Americas where overall economic recovery is driving construction dema...
Cimpor hit by the weakness in Brazil
Cimpor's nine month turnover declined by 1.2 per cent to EUR1,927.9m and the EBITDA came off by 14.2 per cent to EUR395.1m as cement deliveries in Brazil, Egypt and South Afric...
Claudius Peters' ETA Cooler® exceeds 13,000tpd in China
Launched in 2004 by Claudius Peters Projects GmbH, the ETA Cooler® has reached a new capacity milestone as a model with a capacity of over 13,000tpd went into production earlie...
China Shanshui Cement top shareholder to fund bond redemption
China Shanshui Cement's top shareholder, Tianrui Group, said it will provide funds to the cash-strapped firm to redeem a US$500m global bond, Reuters reports. "Tianrui Grou...
Lafarge Malaysia net profit boosted by cement revenue
Lafarge Malaysia Bhd, the country's largest cement manufacturer, recorded a 28.9 per cent increase in net profit to MYR70.65m (US$16.30m) for the third quarter ended 30 Septemb...
Norcem selects Aker carbon capture technology
Aker Solutions won an order from Norcem for a feasibility study on the development of the world’s first commercial-scale carbon capture facility for use in cement production. ...
Coal prices set to fall further
Cement producers can expect to look forward to lower coal prices as world demand for the commodity is expected to fall and over-investment in mines is causing a production hike...
UK: Breedon to acquire Hope Construction Materials
Breedon Aggregates of Leicestershire, UK, has agreed to acquire Hope Construction Materials for GBP336m (US$510.94m). Hope Construction Materials, is a major producer of cement...
SCC Asean expansion on track
Thailand's largest cement producer Siam Cement Co (SCC) said it is on course to bring 6.3Mta of new cement capacity online in its key target markets of Cambodia, Indonesia, Mya...
Saudi 10-month demand update
Saudi Arabia consumed 50.2Mt of cement in the first 10 months of 2015, up by eight per cent, reflecting increased construction activity in the kingdom, according analysts Aljaz...
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