Argentina's cement market expands by 94% in March
Cement demand in Argentina surged by 94 per cent YoY to 974,391t in March 2021 from a low base of 502,368t in March 2020, according to the country’s cement association, AFCP. Th...
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Bolivian market contracts 24% in January
Cement consumption in Bolivia saw a 24.1 per cent drop to 230,317t in January 2021 from 303,619t in January 2020, according to Bolivia’s national statistics institute, INE. A Mo...
Zimbabwean import ban raises supply concerns
Zimbabwean retailers are concerned over the capacity of local cement companies to satisfy demand after a cement import ban has been implemented. However, the government is keen ...
California Nevada Cement Association describes pathways to net zero carbon operation
The California Nevada Cement Association (CNCA) envisions three major pathways for the industry to attain net zero carbon operation by 2045. The roadmap required reducing produc...
Kolos sees 17% profit drop in 2020
Mauritius-based Kolos saw its profits fall by 17.4 per cent to MUR145m (US$3.57) from MUR175.6m in 2019. The company’s income declined from MUR1.4bn to MUR1.3bn. The drop in pro...
Lafarge Africa reports 99% growth in FY20
Lafarge Africa Plc has declared a 98.8 per cent YoY growth in profit to NGN30.8bn (US$788.7m) for the FY20, compared to NGN15.5bn reported in FY19. The growth is linked to the c...
Sephaku Cement sees 10% revenue increase in 2020
South Africa's Sephaku Cement (Dangote Group) has reported a nine per cent YoY increase in sales volumes for 2020, despite 1H20 volumes being down 8.5 per cent YoY. In the 3Q20 ...
West China Cement sees sales volumes rise 3%
West China Cement has seen its attributable profit decrease 13.4 per cent YoY to CNY1560m (US$237.48m) in 2020, compared with CNY1801.3m in the previous year. Revenue was down 1...
Buzzi Unicem's Board of Directors assesses 2020 Consolidated Financial Statement
The Board of Directors of Buzzi Unicem SpA have examined the statutory and consolidated financial statements for the year ended 31 December 2020. In the year under review, the g...
Algeria starts clinker exports to France
CILAS commenced Algerian clinker exports to France with a 9000t shipment of clinker from the port of Skikda. In the coming weeks, other shipments of 10,000t will leave Algeria f...