Weekly Newsletter

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Holcim Philippines sees 124% net income increase

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

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...

Hongshi Shivam Cement looks to double capacity

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...

Indonesian cement market expands in September

Indonesian cement market expands in September

Cement consumption in Indonesia advanced four per cent in September 2021. "Consumption of domestic [cement] in all regions is moving up, including Bali and Nusa Tenggara," said ...