Vietnamese cement consumption falls 27% in July
Cement consumption in Vietnam came in at 5.95Mt in July 2022, down 27 per cent compared to July 2021, according to data from the Department of Building Materials under the Minis...
Weekly Newsletter
4,217 posts · Page 133 of 422
Fuel and power costs soar in Nigeria
Dangote Cement and BUA Cement spent a combined NGN173.54bn (US$413.8m) on fuel and power in the first half of 2022, up 38.3 per cent on the same period a year earlier. Fuel and ...
Votorantim Cimentos records strong performances in Brazil and North America in 2Q22
Votorantim Cimentos’ regional results in the 2Q22 recorded strong revenues despite inflationary pressures. The domestic market of Brazil and operations in Europe, Asia and Afric...
Loma Negra posts 8% increase in 2Q revenues
Argentina-based Loma Negra , part of InterCement do Brasil SA , reported an eight per cent YoY increase in net sales revenues to ARS25,268m in the second quarter of 2022. The co...
Asia Cement reports TWD4458m net profit in 2Q22
Taiwan’s Asia Cement Corp posted revenues of TWD24,488m (US$816.3m) in the second quarter of 2022, up 9.2 per cent when compared with the 2Q21. Pretax profit came in at TWD5620m...
Taiwan Cement reports 21% hike in July revenue
Taiwan Cement has posted a revenue of TWD10,102.468m (US$336.3m) in July 2022, ,up 21.4 per cent when compared with TWD8,319.972m, , according to a filing on the Taiwan Stock Ex...
Vietnam's Xuan Than Cement to commission Line 3 in October
Vietnamese cement producer Xuan Than Cement is expected to bring online its third line, with a cement capacity of 4.5Mta, at the end of October, according to local media. Upon c...
Eagle Cement posts increase in net sales in 1H22
In the first half of 2022, Philippines-based Eagle Cement Corp saw its net sales advance to PHP13,680m (US$246m), compared to PHP11,057m in the same period a year earlier. EBITD...
Lucky Cement's domestic capacity to rise to 15.3Mta
Lucky Cement Ltd announced its financial results for the 4QFY21-22 (April-June 2022) on 5 August 2022 and held a corporate briefing session at the Pakistan Stock Exchange (PSX) ...
Birla Corporation hit by escalating fuel costs
Birla Corp Ltd has reported a 25.2 per cent increase in revenue to INR22,180.6m (US$278.8m) in the first quarter of FY22-23, despite tepid cement demand. However, profitability ...