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US cement market boosted FY19 financial results

This week, several leading cement producers reported on their FY19 business results. ICR has taken a look at the res...

Dry bulk shipping sees falling freight rates

The first two months of 2020 have seen freight rates for dry bulk shipping fall due to seasonality, higher fuel cost...

Belarusian Cement Co plans to increase exports to Poland

Belarusian Cement Co (BCC) opened a representative office in Poland earlier this year in anticipation of higher expo...

LafargeHolcim's FY19 net sales total CHF26.7bn

LafargeHolcim's reported that its FY19 net sales reached CHF26.72bn (US$27.49bn), up 3.1 per cent on a like-for-lik...

Dangote Cement sees modest revenue decline in 2019

Nigeria’s Dangote Cement has seen a modest 1.1 per cent YoY decrease in revenue to NGN891.67bn (US$2.45bn) for 2019,...

Lesser sales hit profit of Kohat Cement in 1HFY19-20

Kohat Cement Co Ltd (KOHC) has reported a YoY drop of 93.6 per cent in profit for the half year ended 31 December 20...

Bangladesh's Meghna Group receives HSBC award

Meghna Group of Industries, the parent company of Unique Cement Industries Ltd in Bangladesh, has received the first...

China’s cautious confidence

With most provinces reporting a growth in cement output, Chinese cement companies enjoyed a bountiful year in 2019, ...

Peruvian cement consumption increases 2% in January 2020

Peru’s cement market expanded 2.1 per cent YoY to 946,000t in January 2020 from 927,000 in the year-ago period, acco...

San Luis rotary kiln burner ignited

On 21 February 2020  the main burner of the rotary kiln in the Lindos project for Cementos Avellaneda at San Luis, A...

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