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Ecuador completes first cement export contract

Ecuador completes first cement export contract

Ecuador has exported cement for the first time, delivering 32,660 to of cement in 16,330 Bigbags to Peru, according to a local news service. The consignment was supplied at the ...

Eagle Cement Corp 1Q net profit slips 3%

Eagle Cement Corp 1Q net profit slips 3%

Philippines-based Eagle Cement Corp reported a three per cent decrease in net income to PHP1.66bn (US$31.674m) in the first quarter of 2022 from PHP1.72bn in the equivalent peri...

Cementos Melon inaugurates new grinding unit

Cementos Melon inaugurates new grinding unit

Chile-based Cementos Melón has officially inaugurated its new grinding unit about 8.5km north of Punta Arenas in the country’s southern Magallanes region. The new 0.25Mta plant ...

Drake Cement inaugurates new finish mill

Drake Cement inaugurates new finish mill

Ricardo Rizo Patrón, chairman of Skanon, the Board of Directors of Skanon Investments and Skanon CEO, Enrique Rozas, visited the Drake Cement plant on 11 May to inauguration the...

Yanbu Cement sees 17% fall in 1Q22 revenue

Yanbu Cement sees 17% fall in 1Q22 revenue

Yanbu Cement has reported a 17.4 per cent YoY decline in revenue to SAR242m (US$64.53m) in the opening quarter of 2022. However, this was still above the SAR224m estimated by Al...

CMS sees 1Q revenues up by 6%

CMS sees 1Q revenues up by 6%

Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax...

JK Cement 4Q net profit advances 36%

JK Cement 4Q net profit advances 36%

Indian cement producer JK Cement reported a standalone net profit of INR862.6m (US$11.1m) for the quarter ended 31 March 2022, representing an increase of 36.2 per cent when com...