Tokyo Cement (Lanka) Plc increases profits by 163% in FY2Q21
Tokyo Cement (Lanka) Plc reported earnings of LKR2.12bn (US$11.49m) for the FY2Q21 on revenues of LKR11.4bn. Profits and revenues were up 163 per cent and 13 per cent, respect...
Sri Lanka
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New US$435m project set for Oman
Oman’s Duqm International Cement Projects Co is preparing to launch the country’s biggest integrated cement plant project with an investment of US$435m, according to the Oman N...
PT Semen Padang exports 25,000t to Australia
PT Semen Padang exported 25,000t of cement to Australia. The cargo of OPC Type I Grade 52.5N cement was shipped in MV Luga from Teluk Bayur Padang Port on West Sumatra, accordi...
INSEE Sri Lanka appoints new CEO
Gustavo Navarro has been appointed as the new CEO of INSEE Cement Sri Lanka. Mr Navarro took up the position on 1 September after Nanndana Ekanayake relinquished the CEO duties...
Sri Lanka sees production rise 26% in July
Sri Lanka’s cement production in July rose 26.3 per cent YoY to 413,000t from 327,000t last year, according to the Daily Mirror. Total domestic cement production increased 4.1 ...
Sri Lanka cement production and imports see sharp rise in June
Sri Lanka's cement production and imports recovered in June by 42.6 per cent YoY, according to Central Bank data. In June cement imports also grew by a record 58.9 per cent ...
INSEE ramping up output at Galle plant
INSEE Cement will be ramping up production at its Galle cement plant to support the local economy’s fast recovery from the COVID-19 pandemic. The company said in a statement ...
Tokyo Cement Co (Lanka) Plc sees 23% fall in turnover in 4QFY20
Tokyo Cement Co (Lanka) PLC said the group recorded LKR8.4bn (US$45.1m) turnover for the 4QFY20, which represents a 23 per cent reduction when compared to 4QFY19. The company ...
Coronavirus impacts Pakistani cement trade
The exports of clinker and cement from Pakistan to Afghanistan, Bangladesh, Sri Lanka and rest of the world have been impacted by the lockdown, curfew and other measures to sto...
Sri Lanka looks to lift curfew and open factories
Sri Lanka's Government is considering the easing of the month-long curfew on the island from this week. Minister of Health and Indigenous Medicine, Pavithra Waniarchchi, announ...