Loma Negra sees 30% decline in revenue for 2Q20
Argentina’s Loma Negra has announced a 30.1 per cent YoY decline in net revenue to ARS7453m (US$104m) in the second quarter of 2020. Consolidated adjusted EBITDA was also down 2...
Cement Sales
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Bangladesh's raw material imports decline 13%
The value of raw material imports for Bangladesh’s cement industry fell almost 13 per cent YoY to BDT64.81bn (US$764.1m) in the FY19-20, on the back of a stagnation in construct...
Cement production falls 29% in Fiji
In the Reserve Bank of Fiji’s economic review for June 2020, it has found domestic cement production to have fallen 28.7 per cent YoY in the 5M20. The results have been largely ...
HeidelbergCement sees revenue rise 4% in 2019 preliminary results
HeidelbergCement has announced a 4.3 per cent YoY increase in group revenue to EUR18.851bn in its preliminary results for 2019. On a like-for-like (LfL) basis, the rise moderate...
GCC sees 8% rise in consolidated net sales
Mexico's Grupo Cementos de Chihuahua (GCC) has recorded an 8.3 per cent YoY rise in consolidated net sales to US$301.7m for the third quarter of 2019, on the back of improved ce...
Indonesian cement industry down 2% in 1H19
The Indonesian Cement Association has reported that domestic cement sales volumes in the 1H19 dropped 2.2 per cent YoY to 29.4Mt due to weaker demand from Java (-2.8 per cent Yo...
West China Cement reports 23% increase in profit
West China Cement Ltd has announced a 22.7 per cent increase in profit to CNY793.5m (US$112.3m) for the 1H19, compared with CNY646.7m in the year-ago period. Revenue climbed 27....
Saudi sales rise in June 2019
Cement sales in Saudi Arabia increased 20 per cent YoY to 2.55Mt in June 2019, compared to 2.13Mt in the same month last year, according to data compiled by Yamama Cement Co. On...
El Nahda Cement partially stops production line at Qena plant
Egypt's El Nahda Cement has decided to partially suspend the main line at its 5500tpd Qena plant for nearly six months. The actions come as a result of a decrease in sales and a...
Egyptian cement sales decline 8% in 1Q19
Total cement sales in Egypt declined 7.7 per cent QoQ to 10.9Mt during the first quarter of 2019, while production decreased 8.1 per cent QoQ to 11.2Mt, according to the Central...