Saudi Cement, the largest cement producer in Saudi Arabia, posted a higher-than-expected net profit of 269 million riyals (Saudi Arabian currency, SAR) (equivalent to $71.68 million) in the fourth quarter of 2014, up 8.9% from 259.8 million riyals in the same period last year.

2015-01-23

Lafarge Africa has reportedly offered to buy a stake in Ashaka Cement in Nigeria. The move was warmly supported by some shareholders of the company.

2015-01-23

Regional Hotspots: Sub-Saharan Africa: Opportunities and Threats; ASEAN's Opening; New Opportunities in Southeast Asia: Myanmar and Thailand

2015-01-23

Since the beginning of 2015, domestic cement prices in Nepal have risen rapidly from the low level in the fourth quarter of last year. At present, the average price of 50 kilograms of cement loaded by Dangote Company, the largest cement producer in Nepal, is 2000 naira (about $11), the price of Lafarge Company, the second largest cement producer, is about 1950-2000 naira, and other cement producers follow suit.

2015-01-22

Under the background of the good development momentum of India's cement industry, the country's cement enterprises have also set off a wave of "expansion". Infiniti Research, a world-renowned market research service company, reported that the cement market in India is expected to grow at a compound annual growth rate of 8.96% from 2014 to 2019.

2015-01-21

Tajikistan's Ministry of Industry and New Technology said that in the next two years, the country plans to build six more cement plants to change the situation of domestic cement shortage. Benefiting from the substantial increase in the Rogun hydropower plant, roads and other national infrastructure projects, the demand for cement in Tajikistan has risen sharply, even to 2 million tons per year, while the total domestic cement production in 2014 was only 1 million tons.

2015-01-20

South Korea's carbon emissions trading system, which was launched on January 12, is expected to cover more than 500 companies, including the cement industry, and is known as the second largest carbon emissions trading scheme in the world. The plan aims to reduce greenhouse gas emissions by 30% by 2020.

2015-01-19

Itacamba Cemento, the Bolivian subsidiary of Votorantim, Brazil's largest cement company, plans to import 50,000 tons of cement in 2015 to guarantee the supply of cement to Santa Cruz, the country's capital and largest city. At the same time, the company will increase production by 6% to 3.6 million bags (50 kg per bag) in 2015.

2015-01-15

According to a recent report by Timetric, the construction industry in Romania grew at a compound annual rate of 3.78% in nominal terms between 2009 and 2013. At the same time, foreign direct investment in the construction and real estate sector increased from $7 billion in 2012 to $7.8 billion in 2013, an increase of 7.7% year-on-year.

2015-01-14

Report from Infiniti Research: The cement market in India is expected to grow at a CAGR of 8.96% from 2014 to 2019.

2015-01-13

Recently, during his state visit to China, Venezuelan President Maduro signed a joint venture with China to build three 2500t/d cement plants in Venezuela. However, the details of the investment have not yet been given.

2015-01-12

According to foreign media reports, Jidong Cement may recently reach a final agreement with Peruvian cement company Cementos Interoceanicos on the acquisition. This is another step in Jidong's strategy of expanding cement production capacity globally.

2015-01-09

In December 2014, cement prices in southern India rose by an extraordinary 40%. The main reason for this is that cement producers have recently joined forces to control cement prices by reducing production.

2015-01-09

On December 23, Song Zhiping, Chairman of China Building Materials Group, held talks with the CEO Thomas Schulz of Smith Company in Denmark to communicate and exchange views on cooperation between the two sides.

2015-01-04

On December 23, the General Office of the Inner Mongolia Autonomous Region Government issued the Notice on the Assessment of the Implementation of the Action Plan for the Prevention and Control of Air Pollution, which pointed out that the implementation of the Action Plan for the Prevention and Control of Air Pollution would be assessed.

2014-12-30

At present, the R & D team is comprehensively evaluating the functional characteristics, cost-effectiveness and production process comparison between the new cement and the traditional cement by using the product life cycle assessment method. Preliminary results show that the new cement with the same function can reduce greenhouse gas emissions by at least 11%, reduce cement production waste by at least 20%, and reduce total production costs by at least 21% compared with traditional cement.

2014-12-30

According to Vietnam News Agency, Vietnam's cement export volume reached 19.5 million tons in 2014, becoming a cement exporter, an increase of 4 million tons compared with the established target. It is worth mentioning that Vietnam is still a cement importer until 2010.

2014-12-30

The U.S. Environmental Protection Agency (EPA) recently issued the first regulation on the harmless treatment of fly ash in coal-fired power plants in the United States. The regulation establishes safeguards to protect the community from leakage of fly ash storage ponds and groundwater pollution and emissions from fly ash treatment projects.

2014-12-25

Ethiopia's Ministry of Industry and Information Technology recently released a draft strategy for the development of the cement industry, aiming to increase the annual consumption of cement in the country to 20 million tons by 2025. The Ethiopian government is expected to invest $30 million in this development plan. The government said it would provide financial support to cement plants to solve the problem of domestic cement shortage.

2014-12-24

According to Daker Abdellah, a member of the Egyptian Federation of Construction and Building Contractors (EFCBC), Egyptian cement producers are tacitly controlling the price of cement by reducing cement production, bringing it to a high price of 800 Egyptian pounds per ton (bank counter transaction price on that day: 1 Egyptian pounds = 0.8708 yuan).

2014-12-23