Argentina's cement market expands 20% in January
Cement demand in Argentina increased 20.1 per cent to 895,559t in January 2021 when compared with January 2020, when demand reached 745,681t, according to the country’s cement a...
Weekly Newsletter
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Cemex announces plan to address US cement shortage
Cemex has announced plans to optimise its supply chain to address cement shortages experienced throughout the western US. The project will leverage the company’s supply chain sy...
Hanover cement plant to scale-up LEILAC 2 pilot project
HeidelbergCement is starting the further development and scaling-up of the LEILAC technology (Low Emissions Intensity Lime And Cement) together with the Australian technology co...
Semapa sees 182% rise in 4Q20 net profit
Portugal-based Semapa recorded a net profit of EUR106.6m in 2020, a 14.1 per cent YoY decrease from EUR124.1m a year earlier. In the 4Q20, net income surged 182.3 per cent YoY t...
Eagle Materials sees 18% rise in 3Q revenues
US-based Eagle Materials Inc has reported revenues of US$404.7m in the third quarter of 2020, representing a YoY increase of 18 per cent. Commenting on the third quarter results...
Cement demand in Spain down 10% in 2020
Cement consumption in Spanish has declined by 9.7 per cent to 13.288Mt in 2020, according to the country’s cement association, Oficemen. The drop was already apparent in January...
GCM to build 0.64Mta plant in Burkina Faso
General Community Management (GCM) Industries has started the construction of a 0.64Mta cement plant on a 7ha plot in the industrial zone of Kossodo, Burkina Faso. The first sto...
GCC sees 2% rise in sales for 4Q20
Mexico's Grupo Cementos de Chihuahua (GCC) has seen a 1.7 per cent YoY increase in consolidated net sales to US$232.5m for the final quarter of 2020, compared to US$228.6m in th...
Taiheiyo signs capital investment agreement in Solusi Bangun Indonesia
PT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Indonesia Industri Bangunan and Japan-based Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and cement sal...
China reports 2% rise in cement production for 2020
China’s National Bureau of Statistics (NBS) has reported a 1.6 per cent YoY rise in cement output to 2.377bnt for 2020. The construction of 3203 projects started across the coun...