Cemex Philippines records net income of PHP98m in 2020
Cemex Holdings Philippines Inc reported a 23 per cent weaker net income of PHP985m (US$20.54m) in 2020 from PHP1.3bn in 2019, as the coronavirus impacted its operating earnings....
Weekly Newsletter
4,217 posts · Page 180 of 422
Yamama Cement reports revenues of SAR211m in FY20
Saudi Arabia’s Yamama Cement (YSCC) registered revenue of SAR211m (US$56m) in FY20,a YoY drop of 10.8 per cent. Cement sales volumes for 4Q20 reached at 1.19Mt. Gross profit and...
FLSmidth reports 22% decline in cement order intake in 2020
FLSmidth’s order intake in 2020 was on par with last year, comprising 13 per cent growth in mining and a 22 per cent decline in cement. Including currency effects and acquisitio...
Schwenk invests in cement mill and multichamber silo
Schwenk Zement plans to start operation of an additional cement mill and multichamber cement storage silo at its Broceni plant in Latvia at the end of this year. The completion ...
LafargeHolcim and Schlumberger New Energy explore CCS
LafargeHolcim and Schlumberger New Energy will explore the development of carbon capture and storage (CCS) solutions. The two companies will study the feasibility of capturing c...
Cemex is awarded CO2 capture grant from DoE
Cemex SAB de CV has announced that its US operations have been awarded a grant from the US Department of Energy (DoE) to research, engineer and develop a pilot for a breakthroug...
Taiheiyo Cement 9M net profit advances 22% YoY
Japan-based Taiheiyo Cement Corp saw its 9MFY20-21 revenues ended 31 December 2020 slip by 1.6 per cent to JPY652.71bn (US$6.23bn) from JPY662.99 in the year-ago period. However...
CEMBUREAU reacts to Carbon Border Mechanism vote
C EMBUREAU , the European Cement Association, has reacted to the adoption of the European Parliament’s Environment Committee report on Carbon Border Adjustment Mechanisms (CBAM)...
Cementir's preliminary 2020 consolidated results achieve revenues of EUR1224.8m
Cementir's preliminary consolidated results for 2020 achieved record revenue from sales of EUR1224.8m, up 1.1 per cent from EUR1211.8m in 2019. EBITDA remained stable at EUR263....
PCA releases new 2021 US cement consumption forecast
The Market Intelligence Group at the Portland Cement Association (PCA) recently released a webinar explaining adjustments to its winter cement consumption forecast. Ed Sullivan,...