LafargeHolcim offers €60 a share in squeeze-out
LafargeHolcim has decided to implement a squeeze-out procedure for the Lafarge shares not tendered between May and July 2015 (representing 3.56 per cent of the share capital). ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
Buzzi Unicem makes binding bid for SACCI
Buzzi Unicem has made a second offer for fellow Italian producer SACCI to acquire its cement and ready-mix concrete business. In a statement Buzzi said it had offered a provi...
CRH plc completes Philippines element of LafargeHolcim transaction
CRH has completed the acquisition of the assets acquired from LafargeHolcim in the Philippiness. In early August, CRH confirmed that the majority of the transactions relating t...
CRC Cement Holdings to acquire 40% stake in Yunnan producer, China
China Resources Cement Holdings Ltd (CRC) has agreed to pay CNY1.51bn (US$236.9m) for a 40 per cent stake in cement producer Yunnan Kunming Iron & Steel Building Materials Gr...
Estanda commissions Eagle Cement project, Philippines
Estanda has carried out the supply and the commissioning of an 'Improvest' diaphragm to the Eagle Cement plant in the Philippines. The former middle diaphragm showed material ...
Chinese ministries give nods to 37 cement, panel glass projects
The Ministry of Industry and Information Technology (MIIT) and the National Development and Reform Commission (NDRC) have given green lights to construction of 37 cement and pa...
Indonesia's domestic monthly sales climb 13% YoY
Indonesia's domestic cement sales rose 13 per cent YoY in August, data from Indonesia Cement Association showed on Thursday. Sales rose to 5.3Mt of cement last month, from 4...
KHD signs contracts in Russia
ZAB Zementanlagenbau GmbH Dessau (ZAB), Dessau, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Germany, has signed contracts totalling over EUR100m for eq...
Asia Cement issues 9M15 profit warning, China
Asia Cement said it is expecting to record a net loss for the nine months ending 30 September 2015 compared to a net profit in the year-ago period. The expected loss is ma...
ARM expects new clinker line to boost margins
Kenya's ARM Cement expects profitability to improve now it produces its own clinker for its east African cement plants, its managing director told Reuters on Friday. The compa...
Argentina sees August cement sales edge downward
In August 2015 Argentina’s cement producers dispatched 981,621t of cement (including exports), down 8.6 per cent MoM and 2.2 per cent YoY, according to the country's cement ass...
China: MCC unit to sell cement assets
China 22MCC Group Corporation Ltd, a wholly-owned subsidiary of the China Metallurgical Group Corporation (MCC), plans to sell cement assets for a combined CNY57.64m, according...
Cementos Argos included in the Dow Jones Sustainability Index for the third-consecutive year
The Dow Jones Sustainability Index has selected Cementos Argos once again as one of the three most sustainable cement companies in the world. For the third-consecutive year, th...
Cherat Cement to invest in wind power joint venture, Pakistan
Cherat Cement Company Co Ltd (CCCL) informed the Karachi Stock Exchange (KSE) on 10 September. that it plans to invest up to PKR250m (US$2.4m) in a joint venture wind power gen...
Steppe Cement first-half loss narrows, Kazakhstan
Steppe Cement Ltd Friday said its first-half loss before tax narrowed to US$2.29m from US$6.40m in the previous year. Loss after tax totaled US$2.2m, narrower than the US$4.1...
Mitsubishi Materials plans to bolster US business
Mitsubishi Materials plans to invest as much as JPY3bn-4bn (US$24.9m-33.2m) to bolster its US business, according to reports in the Nikkei Asian Review. As early as 2016, the ...
Itacamba's new plant on track for 2H15 opening, Bolivia
Itacamba Cemento's new plant in Yacuses, near Puerto Suarez, Santa Cruz, is set to open in the second half of 2015, according to local press reports. The new facility will have...
Competition Market Authority consults on draft cement price announcement order
The Competition Market Authority (CMA) has published a draft order which would prohibit cement suppliers in Great Britain from sending generic price announcement letters to the...
PCA expects 2015 demand to increase 5%
Despite volatility in equity markets and concerns about global growth conditions, PCA Chief Economist and Group Vice President, Edward Sullivan, has said “the fundamentals in t...
Senj Sant cement plant opens in Mongolia
A newly-opened greenfield cement plant is set to boost Mongolia’s domestic supply of building materials at a time when the country is looking to stimulate new investment and co...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
