
Cemex announced on Thursday that its subsidiary, Cemex Latam Holdings (CLH), will build a new cement factory in the Republic of Colombia. The total investment in the cement plant is expected to reach nearly US $340 million and will increase CLH's annual cement production capacity in Colombia from 4.5 million tons to nearly 5.5 million tons.
2014-08-15
In the long term, the Portland Cement Association (PCA) has predicted that cement consumption in the United States will increase by 9.7% in 2014 and 2015, reaching 86 million tons in 2014. Cement consumption in the United States is expected to rise by 11% in 2016. PCA also expects cement consumption in the United States to reach 119 million tons by 2018.
2014-08-15
The Competition Commission of Mauritius (CCM) has launched an investigation into the Lafarge-Holcim merger, which will determine whether the merger will have a negative impact on competition in the cement market in Mauritius.
2014-08-08
In the first seven months of this year, Tajikistan has produced about 602,000 tons of cement, an increase of 580,000 tons over the same period last year, according to the Republic's Ministry of Industry and New Technology.
2014-08-07
Lafarge and Holcim have announced details of their divestitures in Brazil as part of the merger to create LafargeHolcim.
2014-08-06
According to data released by the U.S. Geological Survey (USGS), shipments of Portland and blended cement in the United States and Puerto Rico totaled 8.1 million tons in May 2014, up nearly 6% from a year earlier. From January to May 2014, shipments of Portland and blended cement reached 31.2 million tons, up 6% year-on-year.
2014-07-30
Lafarge has announced that it will sell its 75.86% stake in Lafarge (Pakistan) Cement Limited, identifying Bestway Cement as the buyer.
2014-07-25
Cemex, Mexico's cement giant, recently announced its performance report for the second quarter of 2014. The report shows that in the second quarter of 2014, Cemex's consolidated net sales reached $4.2 billion, up 4% from the same period last year.
2014-07-21
Oficemen, the Spanish cement manufacturers' association, expects Spanish cement demand to fall 3% year-on-year to 10.4 million tonnes in 2014.
2014-07-17
Lafarge reportedly plans to dump 47% of Elementia, its joint venture in Mexico. Elementia is interested in purchasing the shares and is in negotiations with Lafarge.
2014-07-16
In 2007, at the FIFA Executive Committee meeting held at FIFA headquarters in Zurich, FIFA President Sepp Blatter officially announced that Brazil had won the right to host the 2014 World Cup. However, due to the lack of standard stadiums to host the World Cup, Brazil needs to build and renovate 12 stadiums to host the World Cup. This means that the demand for infrastructure construction in Brazil has increased, which has also led to the development of the cement industry.
2014-07-14
The Foreign Trade Chamber of the Brazilian Ministry of Development, Industry and Foreign Trade (Camex) has decided to impose anti-dumping measures on cement imports from six countries-China, Saudi Arabia, Egypt, the United Arab Emirates, Mexico and the United States-with an additional import tariff of 4% on cement imported from these countries.
2014-07-10
The United States Geological Survey (USGS) has released monthly data on cement shipments and clinker production in the United States in April 2014 and January-April 2014, as well as cement and clinker imports in the United States.
2014-07-02
The World Cup in Brazil is in full swing, but the growth rate of cement demand in Brazil has declined. It is reported that the peak of the World Cup's pull on cement appeared in the previous year and last year. With the completion of the construction of the competition venues, the impact of the World Cup theme on the cement industry has ended. According to preliminary data released by the Brazilian National Cement Industry Association (SNIC), Brazil's cement sales in its domestic market totaled nearly 5.9 million tons in May 2014, down 0.7% from the same period last year.
2014-06-27
Recently, the 2014 FIFA World Cup is in full swing, and the eyes of the world are focused on Brazil. Among them, Mexico's cement giant, Cimex, also contributed to the construction of venues for the 2014 World Cup in Brazil.
2014-06-27
Although Lafarge (Pakistan) Cement Limited (LPCL) has not yet announced the final tender date for its 75.86% stake, the frequent activity of potential buyers indicates that Lafarge may be about to complete the sale of its assets in Pakistan.
2014-06-26
A cement World Cup competition has won the popularity of "fans" in the industry. In the opening week, in the match between the enterprise and the team, more netizens think that the characteristics of conch cement are more in line with the Brazilian team, Chinese building materials are more similar to the German team, and Sinoma Group is more in line with the characteristics of the Italian team.
2014-06-23
Indonesia's largest cement producer, Semen, plans to build a new $300 million cement plant in Vietnam as part of its expansion in Southeast Asia.
2014-06-18
The overseas strategy of Huaxin Cement has fallen again. The company announced on the evening of June 17 that its wholly-owned subsidiary, Huaxin Hong Kong (Cambodia) Investment Co., Ltd., as the main investor, had completed the capital increase of CCC Cambodia with 24 million US dollars in cash and became the largest shareholder of the latter.
2014-06-18
Bernard Fontana, Holcim's chief executive, recently visited Sri Lanka and told local media that the merger of Holcim and Lafarge was unlikely to have any negative impact on Sri Lanka. "Sri Lanka is a growing market and we are optimistic about the development in this market," Fontana told reporters. Holcim has been and continues to be committed to growth in Sri Lanka.
2014-06-16
CEMPI
105.52
+0.16 +0.15%
CONCPI
91.68
-0.08 -0.09%
CLKPI
111.40
+0.52 +0.47%
SPPI
45.16
+0.15 +0.33%
MORPI
74.84
0.00 0.00%
What is happening in the cement industry?