Amrize trims outlook as cement volumes decline
Amrize has lowered its full-year guidance after cost inflation, adverse weather and elevated interest rates weighed on its third-quarter performance. Revenue increased 2.2 per c...
Cement Volumes
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Iranian cement stumbling on domestic difficulties and competition abroad
Iranian cement producers are under pressure from weak private demand at home and strong competition in export markets. Weakening economic growth, double-digit inflation and tigh...
UltraTech's sales rise 6% YoY in 3QFY23-24
UltraTech 's consolidated sales rose by six per cent per cent to 27.32Mt YoY in the third quarter ended 31 December 2023. Aditya Birla Group , UltraTech's parent company, announ...
PT Indocement Tunggal Prakarsa sells 4Mt of cement in 1Q21
The 1Q21 cement sales of PT Indocement Tunggal Prakarsa Tbk have seen a pick up. Indocement Director and Corporate Secretary, Antonius Marcos, said that in March 2021, the compa...
Two Indonesian producers expect 3-4% cement volume increase in 2021
PT Semen Indonesia (SMGR ) and Indocement Tunggal Prakarsa (INTP) expect domestic cement volume to grow 3-4 per cent YoY in 2021. This could be achieved through a recovery in bu...
PPC and subsidiaries record double-digit growth in July
PPC reports that its total volumes at its international subsidiaries saw double-digit growth in July compared to sales in July 2019. "The demand is especially strong in Zimbabwe...
Breedon Group reports 18% revenue increase
UK-based Breedon Group has reported an 18 per cent YoY rise in revenue to GBP447.4m for the first six months of 2019. Pretax profit advanced 30 per cent to GBP39.5m, compared to...
Cementos Argos dispatched 16Mt of cement in 2018
Cementos Argos has released its financial figures and strategic milestones of 2018 during the shareholders' annual meeting. Cementos Argos reported a consolidated EBITDA of COP1...
Experts list reasons for Pakistan's cement slowdown in 7MFY19
The Pakistan cement industry recorded a negative growth on domestic dispatches during the month of January 2019. As per APCMA data, local cement sales for the month came in at 3...
HeidelbergCement sees positive 2H18
This week HeidelbergCement reported on its 2Q18 results , which saw healthy growth in all business areas. Cement and clinker sales were up 3.5 per cent to 33.7Mt while aggregate...