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Fujairah Cement Industries (FCI) sees fall in profit

Fujairah Cement Industries (FCI) saw its third-quarter profits fall by 95 per cent to AED0.3m (US$ 81,688) in the 3...

Gulf Cement 9M profit down

UAE-based Gulf Cement reported a 9.3 per cent fall in revenues in the 9M18 to AED371.7m (US$101.2m) from AED409.8m i...

Arkan Building Materials to co-process SPL

Emirates Global Aluminium (EGA) will supply Abu Dhabi-based Arkan Building Materials with waste from its smelting op...

Eagle Cement sees 6% rise in 9M net profit

Eagle Cement Corp reported in the 9M18 net sales of PHP12.2bn (US$229.2m), up nine per cent YoY from PHP11.2bn in th...

Titan is looking to move its main quote to Brussels and the management to Cyprus

In the first nine months of 2018,Titan's turnover declined by 1.8 per cent to EUR1101.9m and EBITDA was down by 8.2 ...

Hpa-an plants come under public pressure for using coal

Local residents of Hpa-an, Kiyan state, Myanmar, have called on the government to monitor local cement plants that ...

Jagdamba Cement accelerates cement expansion

Nepal's cement industry has stepped up construction of its new production units with Jagdamba Cement planning to bui...

ASEC extends O&M contract at Al-Minya Cement to 2021

ASEC, the leading cement operator in Africa and the Middle East, announced today the renewal of its technical manage...

Expansion plans of Fauji Cement are underway

Fauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) that the 10th Extraordinary General M...

Trade war uncertainty reveals cracks

As discussed in the October issue of ICR, better-than-expected dry bulk rates have dampened the scrapping trend as o...

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