• Vietnam: Vietnam production increases by nearly 11 per cent in 2015

    Vietnam is estimated to have produced 67.9Mt of cement in 2015, up 10.7 per cent from a year ago, including 6.6Mt in December, up 11.9 per cent, the government-run General Statistics Office said. In the first 11 months, the country’s cement production hit 61.3Mt, according to th

  • Brazil: Brazil November sales update

    Preliminary industry data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) indicate that cement sales in the Brazilian cement market reached 4.9Mt in November 2015, down 16 per cent compared to the same month a year earlier. Imports totalled 28,

  • CNBM attends Conference of Chinese and African Entrepreneurs

    CNBM’s President, Song Zhiping, spoke at the High-Level dialogue between Chinese-African Leaders and Business Communities, and the 5th Conference of Chinese and African Entrepreneurs, held in Johannesburg earlier this month. Song emphasised the importance of internal relations i

  • Sale of Italcementi non-core assets approved

    On 18 December, the Italcementi Board of Directors approved the sale to Italmobilaire of a number of non-core assets, in connection with the agreement between Italmobilaire and HeidelbergCement. Specifically, Italcementi will sell to Italmobilaire its current equity investments i

  • Dangote gives distributors 150 free trucks to boost cement distribution

    Nigeria: Dangote Cement has rolled out over 150 new trucks to ease the distribution and availability of cement across the country. The move also aims to help distributors service their customers, deliver products in a timely manner and also take distributors and businesses 'to th

  • Estanda completes new ball mill for Saudi Arabian company

    Estanda has successfully completed the commissioning of a cement ball mill for a cement manufacturing company in Saudi Arabia. The project was carried out on cement mill line 2, (CM2, 5.0m dia., 2 chambers), which operates in parallel with cement mill line 1, which was previously

  • Cimpor sells minority stake in subsidiary

    Cimentos de Portugal, SGPS, S.A., a subsidiary of Cimpor, has announced the sale of a 16% participation of Yguazu Cementos (Paraguay) for the amount of US$35 million. This reflects a 14x EBITDA multiple. Following the conclusion of the operation, Cimpor will continue to hold a pa

  • Final ruling on dumping of Pakistan cement in South Africa

    The International Trade Administration Commission of South Africa has completed its investigation into the alleged dumping of Portland cement from Pakistan. After considering all interested parties' comments and taking into account the information from the exporters and importers