• Brazil: Brazil cement sales drop by 14.5% to 13.9Mt in first quarter of 2016

    Brazil: Cement sales have fallen by 14.5% year-on-year to 13.9Mt in the first quarter of 2016 from 16.3Mt in the same period in 2015 according to the Sindicato Nacional da Indústria do Cimento (SNIC). Local cement companies estimate that sales and apparent consumption will fall b

  • Taiwan Cement pins hopes on stronger second half of 2016

    Taiwan: Taiwan Cement Corp has conceded that its business has remained weak since 2015. It hopes to see rise in sales in the second half of 2016 said Taiwan Cement chairman Leslie Koo in comments reported by the Tapei Times. Cement shipments to China grew by 18% year-on-year to 1

  • All Pakistan Cement Manufacturers Association say production capacity plans to grow by 10Mt by 2018

    Pakistan: The Pakistan cement industry plans to invest up to US$1bn towards production capacity growth of 10Mt/yr by 2018. The growth will be targeted at the growing real estate market and expected China Pakistan Economic Corridor (CPEC) projects said Mohammad Ali Tabba, chairman

  • Nine companies bid for Lafarge India assets

    India: LafargeHolcim has received nine non-binding offers for its subsidiary Lafarge India. The bidders include multinational cement producers CRH, HeidelbergCement and China Resources. Local companies which have made bids include JSW Infrastructure, Piramal Enterprises and Ramky

  • Ratings agency says LafargeHolcim to benefit from Indian infrastructure spending growth

    India: Government plans to increase spending on infrastructure projects will benefit LafargeHolcim according to Moody's Investor Service. The second largest cement producer in India will gain from uneven regional demand, with a much larger scale and more prominent operations in n

  • Vietnam PM approves Thaicement Ha Tien works

    Vietnam’s Prime Minister, Nguyen Xuan Phuc, has approved the investment in Thaicement’s 4.5Mta Ha Tien plant in the Mekong delta province of Kien Giang as part of projects to be implemented during the 2011-2020 period with a vision to 2030.

  • Dangote launches construction of 6Mt/yr cement plants in Okpella

    Nigeria: Dangote Cement has started building a 6Mt/yr cement plant in Okpella, Edo. The Nigerian cement producer has invested US$1bn in the plant, according to All Africa. The company is also building another 6Mt/yr cement plant in Itori, Ogun. Its cement production capacity in N

  • HeidelbergCement to use Italcementi presence in Thailand for future expansion

    Thailand: Thailand will continue to be Italcementi Group's production base in the Association of Southeast Asian Nations (ASEAN) and as its springboard for expanding into Myanmar after HeidelbergCement acquires a 45% stake in the company in July 2016. Carlo Pesenti, the chief exe