LafargeHolcim Maroc sees 66% rise in 2Q revenue
LafargeHolcim Maroc saw a 66 per cent rise in revenues to MAD2078m (US$232.4m) in the second quarter of 2021 from MAD1252m in the 2Q20. The positive trend has been attributed ma...
Weekly Newsletter
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Huaxin Cement Narayani prepares to begin production
Huaxin Cement Narayani is expected to start cement production within two months following the completion of the cement works in the central Dhading district of Nepal, according ...
Cementos Cibao opens new grinding unit
Cementos Cibao inaugurated its new 134tph cement grinding plant in the presence of the Dominican Republic’s President Luis Abinader. The project represents a multi-million dolla...
Swedish Supreme Court does not grant Cementa leave to appeal
Sweden's Supreme Court announced that Cementa will not be granted leave to appeal against the decision by the Supreme land and Environmental Court on 6 July when it rejected the...
Arabian Cement records 2Q21 revenue of SAR233m
Arabian Cement Co (ACC) registered a revenue for the 2Q21 of SAR233m (US$62m), a YoY increase of 66.9 per cent. The company achieved an 82.9 per cent YoY improvement in cement v...
Coal rally reaches 2011 highs while petcoke discounts up to 37%
By Brannvoll Aps, Denmark Following on from ICR’s most recent energy report , the coal rally has now reached levels comparable the highs of 2011, leading to more supply distorti...
CRH reports 1H sales up 15%
CRH saw its sales for the first half of 2021 increase 15 per cent YoY (10 per cent on a like-for-like basis) to US$14bn. First-half trading benefitted from a positive underlying...
Holcim to upgrade Obourg
Holcim has applied for the renewal of its operating licence at the Obourg cement plant in Belgium. The company also plants to carry out a modernisation programme and build a new...
Pakistan anticipates rise in cement exports to Afghanistan
On 15 August the Taliban took over Kabul and declared their rule over Afghanistan. Taliban spokesperson Zabihullah Mujahid said at his first press conference that the Taliban wo...
AdBri sees 95% surge in profit for the 1H21
Australia’s AdBri has posted a net profit after tax of AUD56.6m (US$41m) in the first half of 2021, up 94.5 per cent on the year-ago period. Revenue also advanced 7.4 per cent Y...