Asia-Pacific

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Cementir reports 36% rise in 1H net profit

Cementir reports 36% rise in 1H net profit

Cementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in reve...

Asia Cement’s SWAP

Asia Cement’s SWAP Premium

The trend for longer bags in baghouses requires cement plants to review their bag cleaning systems. Gas filtration specialist CTP Team recently installed its advanced SWAP techn...

Indonesia: turning a corner

Indonesia: turning a corner Premium

For several years, Indonesia’s cement industry has experienced stagnant domestic demand, overcapacity and pricing pressure – problems that have been exacerbated by COVID-19. How...

Fitch Affirms Holcim rating, outlook stable

Fitch Affirms Holcim rating, outlook stable

Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmation r...

Mixed full-year performance for Holcim

Mixed full-year performance for Holcim

Holcim reported a mixed performance in 2013 as attributable profit doubled while turnover declined. Overall volumes were down due to weaknesses in key emerging markets, but Euro...