Tanzania Portland Cement reports increased profits for 2018
Tanzania Portland Cement (TPC PLC), also known as Twiga Cement, recorded a 28 per cent YoY increase in operating profit for 2018, rising to TZS80.06bn (US$34.8m) from TZS62.67bn...
Overcapacity
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ACC expects Indian demand to increase by 7% in 2018
India’s ACC expects the country’s cement demands to grow by seven per cent this year, assisted by infrastructure projects and the continued focus on rural development and afford...
Xinjiang cement industry returns to profit
The cement industry in Xinjiang province is faced with higher rates of overcapacity than any other part of China, making losses in three consecutive years. However, sector refor...
PT Indocement
PT Indocement, along with Indonesia’s other cement producers, is waiting on new regulations from the country’s government designed to curb expansion of the cement sector. The nu...
Morgan Stanley: cement consumption to grow 4% YoY to 2020
New research from Morgan Stanley predicts that worldwide cement demand excluding China has turned a corner and will grow at an annualised rate of four per cent between 2016 and ...
PT Indocement
Despite cement sales in Indonesia being forecast to rise by around 10 per cent YoY in 2016, increased competition and rising production capacity will have an adverse effect on c...
Shanshui Cement issues first-half profit warning, China
Shanshui Cement on Friday said it expects to record a loss in net profit for the six months ended 30 June 2015 compared to the net profit of the same corresponding period in 201...
Morocco’s market demand falls 5% in August
The Moroccan cement market is not about to recover. The latest figures indicate a third-consecutive year of contraction, according to APC, the Moroccan cement producers' associa...