China Shanshui Cement loses almost US$1bn in 2015
China Shanshui Cement Group has declared a full-year net loss of US$988m for 2015 following a troubled year for the company that included the replacement of its entire board in ...
Business Results
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Chile: Bío Bío sees 4.2% profit rise in 2015
Chilean cement producer Cementos Bío Bío saw its profits rise by 4.17 per cent to CLP21,141.17m (US$31.32m) in 2015 when compared with CLP20,295.75m noted the previous year. Inc...
PT Indocement
2015 saw Indocement’s total sales volume fall by 7.3 per cent to 17.3Mt, compared to 18.7Mt in 2014. Domestic sales contracted by 7.7 per cent to 17.1Mt over the same period, de...
PPC
PPC intends to double its business every 10 years, starting with a 50 per cent increase in its cement production capacity by 2018, according to a presentation by the company at ...
Dangote Cement
Dangote Cement has reported a 14 per cent rise in profit in 2015, up from NGN159.5bn (US$801m) in 2014 to NGN181.32bn (US$910m), driven by new plants and price reductions. The l...
PT Semen Indonesia
Semen Indonesia’s total cement sales reached 1.82Mt in February 2016, down almost nine per cent from the 1.99Mt recorded in the same month last year. Domestic sales fell 5.8 per...
Bosnia: TCK sees net profit rise to EUR7.1m in 2015
Bosnian cement producer Tvornica Cementa Kakanj (TCK), owned by HeidelbergCement, saw its net profit jump to BAM13.8m (US$7.88m), up 22 per cent from BAM11.3m in 2014. The compa...
Ukraine: Pushka Cement reports UAH5.8m loss in 2015
Kramatorsk-based Pushka Cement Plant in the Donetsk region of Ukraine has preliminarily reported loss of UAH5.835m (US$219,364) for 2015. The Eurocement Ukraine subsidiary repor...
Indonesia: PT Indocement streamlines operational efficiency
Indonesia's second-largest cement producer, PT Indocement Tungall Prakarsa, has seen its net profit fall decelerate as operational efficiency measures have successfully taken ho...
Kenya: Bamburi Cement sees 50% profit hike in 2015
Bamburi Cement’s profit jumped 50.4 per cent YoY to KES5.8bn (US$748m) in 2015 as both domestic and overseas sales saw growth. Operating expenses increased 29 per cent YoY to KE...