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Birla Corp posts 89% rise in profit

India’s Birla Corp has posted a net profit of INR1.66bn (US$22.35m) for the quarter ending 30 September 2020, up 88....

India Cements sees rise in profit for the 2QFY20-21

India Cements has reported a rise in profit to INR714.3m (US$9.63m) for the second quarter of the FY20-21, compared ...

INSEE Cement Sri Lanka signs environmental MoUs

INSEE Cement Sri Lanka, has signed two memoranda of understanding (MoUs) with the Ministry of Environment and t...

ICSID rules in Egyptian states favour in Spanish cement case

After seven years of arbitration proceedings, the International Center for Settlement of Investment Disputes (ICS...

Brazil extends its recovery in spite of pandemic

Brazil's cement market has seen a dramatic change in recent years with growth leading to a record production of 72.5...

Republic Cement forecasts recovery for next year

Nabil Francis, president and chief executive officer of Philippine-based Republic Cement, expects the country’s ceme...

Colombian cement consumption up 5% in September

Cement dispatches in Colombia increased to 1.131Mt in September 2020, up 4.9 per cent from 1.078Mt in September 2019...

JK Lakshmi Cement sees 87% rise in net profit

India’s JK Lakshmi Cement has seen an 86.9 per cent YoY rise in consolidated net profit to INR929.3m (US$12.5m) for ...

Gulf Cement Co sees net loss widen in the 9M20

UAE-based Gulf Cement Co has recorded a net loss of AED268.13m (US$73.01m) for the first nine months of 2020, wideni...

Chilean market contraction slows in 3Q

Chilean cement dispatches fell 13 per cent to 868,487t in July-September 2020 from 998,291t in the 3Q19, according t...

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