PPC announces operational update for April
PPC has released an update for its African operations during April. PPC Barnet in the DRC has been able to continue to operate and is expected to produce similar volumes compar...
Covid-19
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LafargeHolcim's net sales fall to CHF5.293bn in 1Q20
LafargeHolcim announced its 1Q20 results with net sales reaching CHF5.293bn (US$5.4bn), down 11.2 per cent from CHF5959m in the 1Q19. Recurring EBIT totalled CHF262m in the 1Q2...
Cemex sees consolidated net sales rise by 2% in 1Q20
Cemex announced a like-for-like consolidated net sales increase of two per cent during the 1Q20 to US$3.1bn compared to the 1Q19. Operating EBITDA rose by one per cent to US$53...
Breedon Group prepares to progressively reopen facilities
Breedon Group Plc plans to progressively reopen some operations in a number of regions in Great Britain and in the Republic of Ireland, where customer demand supports it and wh...
Cemex Latam Holdings sees an 11% decline in 1Q20 net sales
Cemex Latam Holdings (CLH) announced consolidated net sales of US$214m in 1Q20, a decline of 11 per cent compared to 1Q19. Operating EBITDA reached US$46m in the period, down 1...
Cementos Pacasmayo reports 4% fall in revenue
Peru’s Cementos Pacasmayo has seen a 4.4 per cent YoY fall in revenue to PEN299.3m (US$88.88m) in the first quarter of 2020, against PEN313.2m in the 1Q19. Net income dropped 6...
GCC sees 11% rise in consolidated net sales for 1Q20
Mexico’s Grupo de Cemento de Chihuahua (GCC) has announced an 11 per cent increase in consolidated net sales to US$181.4m for the first quarter of 2020. EBITDA also advanced 18...
Caribbean Cement reports 2% revenue increase
Jamaica-based Caribbean Cement reported a modest two per cent YoY improvement in revenue to JMD4.54bn (US$33.49m) for the first quarter of 2020. However, overall consolidated n...
Suez Cement announces new chairman
Egypt’s Suez Cement Group has appointed Ambassador Yasser El-Naggar as the new chairman of the group, effective from 23 April. Mr El-Naggar has succeeded Hayrullah Hakan Gurdal...
Coal and crude prices beneficial for cement industry, says DG Khan Cement
Two of DG Khan Cement's senior management, Raza Mansha, CEO, and Farid Noor Ali Fazal, director, commented that falling coal and crude prices in international markets would red...