Business Results

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Gujarat Sidhee Cement commissions WHR plant

Gujarat Sidhee Cement commissions WHR plant

Gujarat Sidhee Cement has commissioned a 5.5MW waste heat recovery unit at its plant in Sidheegram, with effect from Sunday. Elsewhere, the company reported positive results for...

Power Cement announces increase in sales

Power Cement announces increase in sales

Power Cement Ltd (PCL) has announced a fall of 18 per cent YoY in profit after tax for the half year ended 31 December 2017. According to a notification to the Pakistan Stock Ex...

Raysut Cement reports negative results for 2017

Raysut Cement reports negative results for 2017

Oman-based Raysut Cement Company has reported negative sales revenue and net earnings results due to competition from UAE producers and ongoing socio-economic disturbances in Ye...

QNCC to increase capacity in 2H18

QNCC to increase capacity in 2H18

Qatar National Cement Company (QNCC) is expected to increase its production capacity by 5500tpd during 2H18, due to the start-up of a new plant later in the year. The company al...

CMS sees 27% rise in earnings

CMS sees 27% rise in earnings

Cahya Mata Sarawak Bhd (CMS), Malaysia, saw its earnings rise 27.2 per cent to MYR215.2m (US$55m) in the financial year ended 31 December 2017 from MYR169.2m in 2016 although ea...

Fecto Cement plans greenfield project

Fecto Cement plans greenfield project

Pakistan-based Fecto Cement Ltd has announced plans to construct a 6000tpd greenfield plant and a 9MW waste heat recovery (WHR) power plant in Palai, Khyber Pakhtunkhwa. The dec...