CRH sees 11% YoY increase in sales
CRH’s cumulative nine-month sales to the end of September reached US$22.8bn, an increase of 11 per cent YoY and ahead seven per cent on a like-for-like basis. EBITDA was up 15 p...
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PPC sees 20% YoY rise in revenue
South Africa’s PPC Ltd has announced a 20 per cent YoY increase in revenue to ZAR5.13bn (US$324.5m) in the first half of the year, ended 30 September, compared with ZAR4.27bn in...
Pakistan registers fall in exports during 4MFY21-22
Pakistan’s Federal Bureau of Statistics (FBS) reported a 38 per cent fall in exports in terms of dollar value and a 44.2 per cent decrease in export volumes in the 4MFY21-22 whe...
Holcim Philippines sees 124% net income increase
Holcim Philippines reported a 124 per cent YoY increase in net income to PHP2.3bn (US$45.66m) in the first nine months of 2021, compared to PHP1.03bn in the year-ago period, on ...
Cement consumption in Spain up 10% in October
Spanish cement demand has expanded by 10.1 per cent to 1,302,750t in October 2021, according to data from Oficemen. In the January-October 2021 period domestic cement consumptio...
Kohat Cement receives regulatory approvals for Punjab plant
Kohat Cement Co (KOHC) has obtained all the requisite regulatory approvals for setting up the greenfield 7800-10,000tpd cement production line in Khushab, Punjab province of Pak...
Hongshi Shivam Cement looks to double capacity
Nepal’s Hongshi Shivam Cement has announced an additional NPR20bn (US$167.34m) investment to increase production capacity, according to the New Business Age. The company current...
Sarawak cement shortage due to lack of raw material vessels
Indonesia’s Ministry of Domestic Trade and Consumer Affairs has explained the current shortage of cement in Sarawak, attributing it to the demand generated by various constructi...
Titan Florida orders new 70,000t dome for Port Tampa Bay Terminal
Titan Florida LLC, a subsidiary of Titan America LLC, has announced the construction of a 70,000t dome at its Port Tampa Bay Terminal, making the terminal one of the largest of ...
FLSmidth appoints a new CEO effective from 1 January 2022
Thomas Schulz, FLSmidth’s Group CEO, has made the decision to take a role outside of the company, and will therefore step down as FLSmidth’s CEO by end of 2021. Mikko Keto, who ...