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Universal Cement Corp records 5% revenue increase for 2019

Taiwan’s Universal Cement Corp has seen its full-year 2019 revenue increase 4.7 per cent YoY to TWD5bn (US$166.91m),...

Serge Gbotta new CEO LafargeHolcim Côte d’Ivoire

LafargeHolcim Côte d’Ivoire has appointed Serge Gbotta as its new CEO, effective from 1 January 2020.  He succeeds X...

BUA Cement formally lists on Nigerian Stock Exchange

Nigeria’s BUA Cement has been formally listed on the country’s stock exchange with a market capitalisation of over N...

ASEC signs 3-year O&M contract extension with Sinai White Cement

ASEC, the leading O&M operator in the MEA region, announced the renewal of its Technical Management contract with Si...

Pakistan's cement production remains flat in 4MFY19-20

The Pakistan Federal Bureau of Statistics (PBS) has released the latest data for large-scale manufacturing industrie...

Pakistan's revenue collection autority to track tax evasion in cement industry

Pakistan's tax collection authority, Federal Board of Revenue (FBR), has decided to track and monitor the clearances...

China's 2020 demand growth forecast increases

Nomura has increased its 2020 demand growth forecast for China from three per cent to five per cent following expect...

Saudi Arabia records 22% production increase in December

Saudi Arabian cement sales rose 24.2 per cent YoY in terms of volume in December 2019, while total production increa...

Pakistan's government allocates PK5trn for PSDP programme

Pakistan's cement industry has received a positive news from government, which may accelerate demands for cement in ...

Cimtogo signs US$30m contract with Ayoki

Togo-based cement producer Cimtogo has signed a US$30m contract with Ayoki to extend its cement capacity by 1Mta to ...