Cementos Argos inaugurates Innovation Center, Colombia
Cementos Argos yesterday inaugurated its Innovation Center, based at the EAFIT University, Colombia, underlining the company commitment towards productive, competitive and sust...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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FLSmidth updates full-year guidance
FLSmidth’s order intake and revenue showed solid growth in the second quarter of this year supported by currency developments. However, the company noted that the outlook for t...
New Group CEO for Breedon, UK
Breedon Aggregates Ltd, the UK’s largest independent aggregates business, announced that Pat Ward, currently CEO of Aggregate Industries Europe (a subsidiary of LafargeHolcim),...
Higher production costs take toll on TPCC's half-year results
Tanzania Portland Cement Co (TPCC) posted a net profit of TZS22.17bn (US$10.4m), down 18.3 per cent from the TZS27.14bn recorded during the corresponding period last year. Fir...
Semen Indonesia to spend up to IDR1trn on buy-back
Semen Indonesia said it plans to buy back up to IDR1trn (US$70.85m) of its shares as their market value has fallen. "In the near future we will do buy-back because we don't wa...
Bosnia: Fabrika Cementa Lukavac first-half net profit down 45%
The net profit of Bosnian cement maker Fabrika Cementa Lukavac (FCL) dropped 45 per cent to BAM4.2m (EUR2.1m) in the first half of 2015, according to company data released Tues...
Hoang Phat Vissai Group completes Song Lam 2 project, Vietnam
Hoang Phat Vissai Group (The Vissai) on Tuesday hosted an opening ceremony to mark the launch for its Song Lam 2 cement plant in Vietnam's central province of Nghe An. With t...
Aboitiz secures loan to part-fund cement venture
Aboitiz Equity Ventures, Inc. (AEV) has signed an agreement for a US$400m (PHP18.7bn) loan that will partly finance its venture into the cement sector in the Philippines. I...
CNBM reports 56% drop in first-half profit, China
China National Building Materials (CNBM) reported a 56 per cent decline in net profit for the first half of 2015, in line with the recent profit warning. JP Morgan's Asia Met...
SCG Cement outlines additional Cambodian spend
SCG Cement has outlined an additional investment of US$200-300m into Cambodia over the next five years, according to Aree Chavalitcheewingul, vice president for regional busine...
Moody's upgrades West China Cement to Ba3; stable outlook
Moody's Investors Service has upgraded West China Cement Limited's (WCC) corporate family and senior unsecured ratings to Ba3 from B1. "The upgrade reflects the improvement in...
VCM gets grinding project green light, Vietnam
Vietnam’s central province of Binh Dinh has granted approval to the Vietnam Construction Material Company (VCM) to establish a new grinding plant in the region. VCM can surve...
Sodep implements mine control system for LH Cantagalo
In July 2015, Sodep started the implementation of Minetrack at the LafargeHolcim Cantagalo works in Rio de Janiero, Brazil. Technical delivery was due in August. Sodep explain...
New licences to be issued for Upper Egypt
Egypt's Ministry of Industry and Trade is to grant new licences for cement factories in Upper Egypt governorates next September, according to local press reports. Minister Mo...
LH completes Tuban plant project in Indonesia
LafargeHolcim today completed its Tuban project in Indonesia with the official opening of the second kiln line at the cement plant. The new plant will allow LafargeHolcim to ta...
CEM Asia Trading, Dubai ships Oman gypsum to Bahrain
CEM Asia Trading, Dubai has undertaken the first shipment of natural gypsum from Oman to Khalifa Bin Salman Port, Bahrain, for Falcon Cement. Gypsum being discharged at ...
Iran four-month export update
In the first four months of the Iranian calendar year around 5.167Mt of cement was exported, the Islamic Republic of Iran Broadcasting (IRIB) quoted Abdolreza Sheikhan, Secreta...
Lucky Cement signs contract with Siemens Pakistan for SAP system
Lucky Cement Ltd has signed a contract with Siemens Pakistan to implement SAP Enterprise System. "Through SAP, we aim to drive progress through greater integration of our vario...
Malaysia: YTL Corporation Bhd full-year pretax profit down 15.7% YoY
YTL Corporation Bhd's pre-tax profit for the financial year ended 30 June 2015 fell to MYR2.37bn (US$562m) from MYR2.81bn a year earlier. Revenue decreased to MYR16.8bn from M...
New UK terminal granted conditional approval
The Victoria Group has been granted conditional approval by Plymouth City Council to build a new bulk cement storage and distribution terminal on the city's waterfront, situate...
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