UAE-based Fujairah Cement Industries Co reported a loss of -AED14.2m (US$3.86m) in the second quarter of 2022, an improved result when compared with a loss of -AED21.1m in the equivalent quarter of the previous year.
Second-quarter revenues came in at AED88.7m, down from AED90.8m in the 2Q21.

Titan Cement completes sale of 75 per cent of Turkish subsidiary
Greece-based Titan Cement Co SA has completed the sale of 75 per cent of Adocim Cimento Be...