Cement industry events, news & research - Global Cement
2 days ago · The February 2025 issue of Global Cement Magazine - to be distributed at the Global FutureCem Conference in Istanbul, Türkiye, has a decarbonisation theme, with contributions on calcined clay, waste heat recovery, process optimisation, new collaborations and more. There’s also a look at how the world Cement Association CEO Ian Riley expects cement demand to change over the 25 years to 2050 ...
Vicem reports financial losses in 2024 - Cement industry news …
Dec 17, 2024 · Vietnam: Vietnam National Cement Corporation (Vicem) has reported consolidated losses for the second consecutive year, of US$55.15m, according to a draft annual report by the Ministry of Construction. Vicem is the only company among six under the ministry to report losses in 2024, with a consolidated loss of US$55.15m due to ‘unfavourable market conditions’, according to The Investor magazine.
World Cement Association forecasts decline in cement demand by …
Dec 16, 2024 · Global: The World Cement Association has released a white paper titled ‘Long-Term Forecast for Cement and Clinker Demand’, authored by CEO Ian Riley.The paper predicts a global decline in cement demand to 3Bnt/yr by 2050, with clinker demand dropping to 1.5Bnt/yr. The report attributes the decline to decarbonisation, technological advancements and market dynamics, with the need for carbon ...
India - Cement industry news from Global Cement
India: JSW Cement has received regulatory approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) after a four-month hold-up since September 2024. The IPO includes a fresh issue of shares worth US$230m and an offer for sale by three shareholders, Apollo Global Management, Synergy Capital and State Bank of India (SBI), worth US$230m ...
Cement industry news from Global Cement
4 days ago · Cambodia: The government has waived the 5% tax on domestic cement products from January 2025 to December 2026 to support the local cement industry, as announced by the Ministry of Economy and Finance. The exemption reportedly aims to alleviate financial burden on the industry and promote growth. Local cement companies must comply with obligations including tax filings, maintaining ...
Indian cement: An overview - Global Cement
Sep 21, 2023 · CO 2 emissions from cement production are estimated to be ~8% of India's total emissions, around the global average. The emissions from each stage of the process are shown in Table 7. As elsewhere, Indian cement producers are becoming increasingly aware of their CO 2 footprints. Many are working towards reducing emissions, despite the fact that India already operates many of the most modern ...
Cement Boards 101 - Global Cement
Dec 19, 2013 · Above - Table 1: Typical properties and applications of the different types of cement boards. Figure 1 shows the division of cement board types being produced worldwide by 90 global manufacturers. Fibre cement board, the oldest board type, has 43 global producers, while wood strand cement board (also known as EltoBoard) has only six.
Huaxin Cement builds an empire in Sub-Saharan Africa
Dec 4, 2024 · Huaxin Cement revealed this week that it is buying Holcim’s majority stake in Lafarge Africa for US$1bn. The moment marks a big step in the China-based cement producer’s international ambitions.
Lemi cement plant begins production
Sep 30, 2024 · Ethiopia: Prime Minister Abiy Ahmed has inaugurated the Lemi National Cement Factory, built by a joint venture between West International Holding, the African arm of West China Cement, and East African Holding Company. With a production capacity of 15,000t/day, this facility is now reportedly the largest in Ethiopia, according to Xinhua news. Located 150km north of the capital city of Addis ...
Cement in Saudi Arabia - Global Cement
Dec 18, 2023 · Figure 3: Cement demand and effective cement capacity in Saudi Arabia's five regions in FY2023, with forecasts for FY2028. Table figures in Mt. Percentages on map show regional shares of sales.