Holcim posts record 3Q performance
Holcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 per ...
Weekly Newsletter
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Vietnamese cement market expands 25% in September
Total cement dispatches in Vietnam surged by 25 per cent YoY to 4,631,353t in September 2022, according to data published by the Vietnam National Cement Association (VNCA). Of t...
Dangote sees revenue advance 15% YoY in 9M22
Dangote Cement has reported group revenue of NGN1177.3bn (US$2.68bn) in the first nine months of 2022, up 15.2 per cent YoY. Group EBITDA over the same period advanced by 0.2 pe...
CEMEX's net sales grow 13% in 3Q22
CEMEX announced continued solid top line growth in the 3Q22. Net sales grew by 13 per cent to US$3,956m while net income of reached US$494m. Pricing was the main driver with cem...
Yanbu Cement posts 4% rise in profit in 9M22
Saudi Arabia-based Yanbu Cement Co has announced net profit after zakat and tax of SAR156.24m (US$41.6m) in the opening nine months of 2022, up 4.38 per cent on the SAR149.69m s...
Fiona sends Puerto Rican cement sales down
Hurricane Fiona has sent Puerto Rican cement sales in a downward spiral as sales in September 2022 dropped by 21.1 per cent YoY to 986,000 bags of 94lb, or 42,041t, the largest ...
Taiheiyo Cement to acquire Denka cement business
Taiheiyo Cement Corp is reportedly acquiring the cement business of Denka Co Ltd in March 2023. Denka has decided to exit the cement sector due to rising production costs. The c...
Al Jouf posts 74% fall in profit in 9M22
Saudi Arabia's Al Jouf Cement Company has reported a 35.1 per cent YoY increase in revenue in the third quarter of 2022. Revenue advanced from SAR54.9m in the 3Q21 to SAR74.1m i...
GCCA and ACI join forces to promote concrete sustainability
The Global Cement and Concrete Association (GCCA) and the American Concrete Institute (ACI) have signed an International Partnership Agreement (IPA) to develop and disseminate i...
Ghana cement prices rise again
Cement prices is Ghana have risen to over GHC80(US$5.91)/50kg bag of cement on the back of rapid depreciation of the cedi against the dollar. The depreciation has triggered mass...