Iraq to see new US$250m cement project
Iraq has reportedly awarded a project to a Spanish company to construct a cement plant at a cost of around US$250m. Iraqi Industry Minister, Manhal Al-Khabbaz, said the plant in...
Weekly Newsletter
4,275 posts · Page 169 of 428
Kenya consumption up 27% in 5M21
Cement consumption in Kenya advanced 26.6 per cent YoY to 3.35Mt in the January-May 2021 period when compared with 2.64Mt in the 5M20, according to the Kenya National Bureau of ...
PCA outlines regional US cement consumption growth trends for 2021-23
The PCA's Market Intelligence team has released its latest US regional cement consumption forecasts from its June 2021 economic update, which did not take into account the possi...
Peru sees demand up 26% in July 2021
Peru’s cement market grew 26 per cent YoY to 1.135Mt in July 2021, compared with 0.904Mt in the year-ago period, according to the country’s cement association, Asocem. Cement pr...
Uzbekistan posts 23% production increase in 1H21
Uzbekistan has reported a 23 per cent YoY increase in Portland cement production to 5.8Mt in the first half of 2021, according to the State Statistics Committee of Uzbekistan. T...
Saudi Cement buys 37% share of United Cement
Saudi Cement Co has acquired a 37 per cent stake in United Cement Industrial Co (UCIC) for SAR28m (US$330,426), as announced in Saudi Cement’s 2Q21 company report. Accordingly, ...
Sinai Cement records 1H21 net loss of EGP253m
Sinai Cement Co reported a standalone net loss of EGP252.666m (US$16m) in the 1H21, according to the company’s financial statements. This marked a YoY rise of three per cent whe...
Chia Hsin Cement records 11% rise in revenue
Taiwan’s Chia Hsin Cement has posted a 10.7 per cent increase in revenue to TWD550.39m (US$19.76m) in the second quarter of the year, compared to TWD496.99m in the 2Q20. However...
Loma Negra records 47% advance in net revenue
Argentina's Loma Negra has reported a 46.6 per cent YoY increase in net revenue to ARS14.269bn (US$147m) in the quarter ending 30 June 2021, mostly driven by its cement segment....
Argos records 1H21 cement shipments of 8.6Mt
Argos recorded cement shipments of 8.6Mt in the 1H21, an increase of 26.9 per cent compared to the 1H20. The advance was supported by the performance of the group in the USA, th...