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HeidelbergCement buys 50% share in CBI

HeidelbergCement has signed an agreement to acquire 50 per cent of shares of and invest into Continental Blue In...

Peru sees 10% hike in consumption in April

Cement dispatches in Peru increased 10 per cent YoY to 1.086Mt in April 2022 from 0.984Mt in the equivalent period o...

Chile’s cement market contracts 5% in March

Chilean cement consumption decreased five per cent to 365,826t in March 2022 when compared with March 2021 when mark...

Titan Group invests US$37m in Norfolk import terminal

Titan Group is expanding its effective capacity in the USA with a new US$37m investment in its Norfolk import term...

Hail Cement posts 1Q22 sales losses of SAR6.9m

Saudi Arabia's Hail Cement Co has reported losses of SAR6.9m (US$1.8m) in the 1Q22 after it witnessed a drop in sa...

Pakistan's government to conduct cement industry report

Pakistan’s government plans to conduct research reports on the cement, automobile and fertiliser sectors in Pakistan...

HeidelbergCement joins First Movers Coalition

HeidelbergCement has joined the First Movers Coalition (FMC), a public-private partnership between the US State De...

What to make of Holcim's Indian exit?

Holcim Group agreed to sell its Indian cement businesses this week for US$10.5bn in cash to the Adani Group. ICR rep...

Dominican Rep cement market expands 3% in 1Q22

In the first quarter of 2022, cement demand in the Dominican Republic grew by 2.9 per cent YoY, according to Adocem,...

Star Cement posts net profit rise

Star Cement Ltd saw a 24.2 per cent advance in revenues to INR7.49bn (US$96.6m) in the January-March 2022 quarter ...