Saudi Arabia is currently working to diversify its economy and change its over-reliance on oil exports. The country's government will invest heavily in infrastructure projects, and demand for cement will peak. From 2014 to 2019, the compound annual growth rate of Saudi Arabia's cement market will reach 5.14%.

2015-01-28

In 2014, domestic cement consumption reached about 10.89 million tons. This is in line with previous expectations of just under 11 million tonnes.

2015-01-28

According to Iran's Tehran Times on January 19, Iran produced 51.645 million tons of cement in the first nine months of 1393 (March 21, December 21, 2014). Iran also produced 56.85 million tons of cement blocks in the same period. Reported that in the first six months (March 21-September 22), Iran exported 7 million tons of cement. Last year, Iran exported 18 million tons of cement, ranking first in the Middle East and third in the world in terms of cement exports.

2015-01-27

According to media reports on the 26th, Bartel, chairman of the Inner Mongolia Autonomous Region Government, revealed at the Third Session of the 12th National People's Congress of Inner Mongolia Autonomous Region that in the past year, Inner Mongolia has comprehensively upgraded its level of opening to the outside world and has been included in the construction scope of the "Silk Road Economic Belt" by the state, and China has taken an important step in opening up to the north.

2015-01-27

The CEO of Italian Cement said that in 2014, the total revenue of Suez Cement, an Egyptian company of Italian Cement Group, may reach 5.5 billion Egyptian pounds, an increase of 20% over the same period last year, or 1 billion Egyptian pounds. In 2015, the total revenue of Suez Cement is expected to increase by 10% to 15%.

2015-01-27

Oman Cement released its latest unaudited financial report: the company's net profit before tax fell by 11% and net profit after tax fell by 12.8% in 2014. Total revenue was down 3.5% from 2013.

2015-01-23

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