Weekly Newsletter

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Shree Cement announces INR47.5bn investment plan

Shree Cement announces INR47.5bn investment plan

India’s Shree Cement has announced an INR47.5bn (US$645m) investment plan, which includes solar power projects, an integrated cement plant and a grinding works. Around INR5bn wi...

Brazil's cement sales expand in August

Brazil's cement sales expand in August

Cement sales in Brazil edged up 1.1 per cent YoY to 5.864Mt in August 2021, according to SNIC, the country’s cement association. However, when considering the number of days wor...

Cement prices rise in Zimbabwe

Cement prices rise in Zimbabwe

Zimbabwe's construction sector appears to be on course for a revival, driven by public spending on infrastructure and private development. However, a recent increase in cement p...

Nuvoco Vistas sees improvement in first quarter

Nuvoco Vistas sees improvement in first quarter

India’s Nuvoco Vistas Corp has recorded a consolidated net profit of INR1.14bn (US$15.58m) in the first quarter of the fiscal ending 30 June 2021, compared to an INR913.8m net l...

CBB sees 67% rise in profit

CBB sees 67% rise in profit

Chilean cement producer CBB (formerly known as Cementos Bío-Bío) reported a 13.9 per cent advance in revenues to CLP134.538bn in the first six months of 2021 from CLP118.124bn i...

Argentina sees 18% demand increase in August

Argentina sees 18% demand increase in August

In August 2021 the Argentine market expanded by 18.2 per cent YoY to 1,083,914t from 917,233t in August 2020 while MoM there was a 3.9 per cent improvement in offtake, according...