• Oman's Raysut Cement drop 2.4% in Q2

    According to multiple sources, Oman's Raysut Cement reported a 2.4 % decrease in second-quarter net profit. The cement firm made 4.82 million rials (US$12.52 million) in the three months ending June 30. This compared with 4.94 million rials in the same period of 2015. Forecasts p

  • Global Cement Mixer Market 2016-2020

    Research and Markets has announced the addition of the ‘Global Cement Mixer Market 2016-2020 report to their offering. The report forecasts the global cement mixer market to grow at a CAGR of 10.61% during the period 2016-2020. Commenting on the report, an analyst from the resea

  • 75% of UK Construction companies now operating a carbon reduction strategy

    The UK’s construction sector remains firmly committed to long-term environmental responsibility, according to new research by TomTom Telematics. Three-quarters (75%) of the 149 construction companies surveyed now operate a low carbon or carbon reduction strategy, with 58% regula

  • Spanish cement consumption falls again

    The Association of Cement Manufacturers of Spain, Oficemen, has warned that the alarming loss of capital in infrastructure in the country over the last three years and has now reached €10 000 million. The strike in public works has meant that the country is reducing its first st

  • Success for LafargeHolcim CILAS project in Algeria

    On 10 July 2016, the ignition of the rotary kiln marked the successful start-up of the clinker production line of CILAS, 11 days ahead of the contract schedule. Representatives of the Owner and the EPC Contractor CBMI pushed the ignition button together at the ceremony. The owner

  • Lafarge India sale moves to final stage

    The five bidders that gave their final bids for Lafarge India’s 11Mt/yr cement business have been called to London, UK for the final leg of discussions, which started on 7 July 2016. Multinational bidders, including Mexico’s Cemex and China’s Anhui Conch, are believed to have

  • Norway: Norway expects full carbon capture and storage by 2022

    The Ministry of oil and energy of Norway has announced that it expects to complete every step in the development of carbon capture and storage (CCS), i.e. capturing CO2 emissions from an industrial plant, transporting it by ship and injecting it into a depleted oil and gas reserv

  • TCC International Holdings issues profit warning

    TCC International Holdings expects to swing to a loss in the first half of 2016, compared to a net profit US$10.5m in the first half of 2015.The Hong Kong-listed cement producer said that the expected loss was due to lower selling prices for its cement products and a foreign-exch