Mexico's cement exports up 11% in 11M20
Mexico's exports of cement advanced 11 per cent YoY in the 11M20, according to Market Data México. Exports rose from US$168m in the 11M19 to US$186m in the 11M20. The main desti...
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Summit Materials announces 13% increase in revenue
USA-based Summit Materials has reported a 13 per cent YoY increase in net revenue for the final quarter of 2020 to US$571.9m, compared to US$506.3m in the 4Q19. Net income remai...
Uruguayan market expands by 8% in 2020
Cement sales in Uruguay increased 34.6 per cent YoY to 251,000t in the fourth quarter of 2020, according to the country’s chamber of industry, CIU. Of this total, 89 per cent or...
New cement capacity in Punjab planned
Fauji Cement and DG Khan Cement plan new capacity in Punjab, Pakistan. Top industry officials believed that construction activity is picking up, and that there will be a signifi...
SCG reports 4Q20 profits of THB8048m
SCG reported 4Q20 profit of THB8048m (US$261.8m), a decrease of 17 per cent QoQ. EBITDA fell by four per cent QoQ to THB18,300m, largely from reduced cement building materials p...
Kazakhstan sees 10.8Mt of production in 2020
Kazakhstan produced 10.8Mt of cement in 2020, rising above the 10Mt mark for the first time since its independency, according to the Kazakhstan Newsline. Caspi Cement exceeded i...
Atlantic Cement soon to start construction on 1Mta plant
The Autonomous Port of Kribi (PAK) in southern Cameroon has made a 10ha plot available in its industrial zone to Atlantic Group, owned by Ivorian billionaire Kone Dossongui. In ...
Peruvian demand up 18% YoY in January
Cement dispatches in Peru increased 18 per cent YoY to 1.059Mt in January 2021 from 0.895Mt in January 2020, reports Peruvian cement association, Asocem. Its members increased t...
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....
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...