Colombia cement deliveries up 7% in December
Colombian cement sales increased by 7.6 per cent YoY to 1.135Mt in December 2021 from 1.054Mt in December 2020, according to the country’s statistics office, DANE. Of this total...
Weekly Newsletter
4,275 posts · Page 155 of 428
US and Puerto Rican Portland and blended cement shipments up 9% in November
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico saw a 9.2 per cent YoY hike to 9.4Mt in November 2021, according to the US Geologic...
Semen Indonesia looks forward to 4% FY22 expansion
Semen Indonesia expects to grow 3-5 per cent YoY in FY22, up from two per cent in FY21 as the key market for bagged cement (mainly for home renovations and small home cluster de...
HeidelbergCement releases preliminary guidance for 2021 results
In the course of the preparation of the consolidated financial statements of HeidelbergCement AG for the FY21, the revenue and results of the HeidelbergCement Group are in part ...
Orient Cement sees 3Q profit fall by 19% YoY
CK Birla-owned Orient Cement reported an 18.9 per cent decline in net profit to INR436.7m (US$5.84m) for the third quarter, ended 31 December 2021. In the equivalent quarter of ...
South African cement imports up 19% in 11M21
Cement imports into South Africa surged to their highest level in 2021 as they reached 161,555t in November despite the government drive to use domestically-produced product and...
Caribbean Cement to pay 2% royalty fees to Cemex
Following shareholder approval Caribbean CementCo Ltd will pay two per cent royalties to its parent company Cemex from January 2022. The agreed fee is equivalent to two per cent...
BUA Cement brings Kalambaina Line 4 online
On 27 January Nigerian President Muhammadu Buhari inaugurated BUA Cement ’s 3Mta Line 4 at the company’s Kalambaina cement plant in Sokoto, Nigeria. "I am pleased that through t...
GCC reports favourable performance in 4Q21 and 2021
GCC reported a 10.9 per cent YoY advance in consolidated net sales to US$257.9m in the fourth quarter of 2021. EBITDA remained stable at US$83.1m with an 31.5 per cent EBITDA ma...
Akkermann Cement receives funds to acquire Akhangaracement JSC
Gazprombank has allocated funds for the acquisition by Akkermann Cement CA (part of the USM group) for a 98.6 per cent stake in Akhangaracement JSC in Uzbekistan. The transactio...