Holcim sees another quarter of record profitable growth
Holcim has recorded net sales of CHF7.29bn (US$7.99bn) for the third quarter of 2021, up five per cent on a like-for-like basis compared to CHF6.46bn in the year-ago period. A r...
Weekly Newsletter
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Cemex reports net sales of US$3.8bn in 3Q21
Cemex reports consolidated net sales of US$3.8bn in the 3Q21, a rise of eight per cent versus the 3Q20. EBITDA fell by one per cent to US$740m, due mainly to supply chain disrup...
Siam Cement's revenue surges 31% YoY
Thailand’s Siam Cement PCL has seen its net profit decline 30 per cent YoY in the third quarter of 2021, falling to THB6.82bn (US$205m), as it recorded lower demand and an asset...
Dalmia Bharat sees 11% climb in revenue
India’s Dalmia Bharat has reported a 10 per cent decline in net profit to INR2.09bn (US$27.93m) during the September quarter of FY21-22, compared with INR2.32bn in the year-ago ...
HeidelbergCement agrees to 68% stake in Tanga Cement
HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and c...
Argos commits to new 2030 CO2 emission targets
On 25 October 2021 Argos held a climate change webinar in which it committed to reduce its CO 2 emissions by 29 per cent in its cement plants by 2030. In just over the last deca...
Alamgir Kabir re-elected as president of the BCMA
Alamgir Kabir, vice-chairman of MI Cement Factory, has been re-elected president of the Bangladesh Cement Manufacturers’ Association (BCMA). Shahidullah, managing director of Me...
HyNet North West consortium chosen for CCUS funding scheme
Hanson UK (HeidelbergCement) and its partners in the HyNet North West consortium have been chosen for funding under the British government’s carbon capture, usage and storage (C...
Peru's cement market expands 14% YoY in September
Cement dispatches in Peru advanced 14 per cent YoY and three per cent MoM to 1.238Mt in September, according to Asocem, the country’s cement association. Of this total, Asocem m...
ACC reports 6% rise in EBITDA for the 3Q21
India’s ACC has reported a 6.1 per cent YoY rise in EBITDA to INR7.12bn (US$95.03m) in the third quarter of 2021, compared to INR6.71bn in the year-ago period. Profit after tax ...