FLSmidth reports 2Q21 strong order intake and improved profitability
FLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q2...
Weekly Newsletter
4,275 posts · Page 170 of 428
Brazil's cement market expansion decelerates in July
Cement sales in Brazil remained almost level in July 2021 at 5.9Mt, representing a 0.1 per cent YoY increase from 5.897Mt in July 2020, according to SNIC, the industry’s profess...
Votorantim Cimentos records sales volume growth of 31% in 2Q21
Votorantim Cimentos’ sales volume rose to 9.8Mt in 2Q21 compared to 7.5Mt in 2Q20, a growth of 31 per cent. Strong sales were recorded on all countries of the company’s operatio...
Lucky Cement reports consolidated earnings of PKR28.2bn for FY21
Pakistan-based Lucky Cement Ltd reported a consolidated profit after tax of PKR28.23bn (US$172.46m) against PKR 7.1317bn in the previous fiscal year. The company achieved a cons...
Cemex to expand capacity at its Rockfort plant by 30%
Cemex plans to upgrade and increase the production capacity by 30 per cent of its Rockfort cement plant in Jamaica. This planned increase would strengthen the self-sufficiency o...
Bolivia's cement market expands 125% in May
Bolivian cement demand advanced 125 per cent to 295,026t in May 2021 when compared with the low base of 131,101t in May 2020, according to Bolivia’s statistics office, INE. When...
Bamburi Cement Ltd changes to Bamburi Cement PLC
Kenya-based Bamburi Cement Ltd has changed its name to Bamburi Cement PLC in compliance with the Companies Act 2015 following shareholders’ approval on 10 June 2021. The name ch...
Holcim Brazil asset sale expected
LafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are b...
Ambuja Cements plans 1.5Mta Ropar expansion
India’s Ambuja Cements has announced plans to expand capacity at its Ropar plant in Punjab over the next two years, representing an investment of INR3.1bn (US$41.68m). The 1.5Mt...
Cementir sees 1H net profit rise of 140%
Cementir reported a 16.5 per cent rise in revenues for the first half of 2021 to EUR664.5m from EUR570.4m in the 1H20. The increase reflects an 18.7 per cent rise in the sales o...