Weekly Newsletter

4,275 posts · Page 187 of 428

Semapa sees 182% rise in 4Q20 net profit

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

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 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

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

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...

Indonesia's cement sales fall 10% in 2020

Indonesia's cement sales fall 10% in 2020

Indonesia's 2020 domestic cement sales were recorded at 62.7Mt. The Indonesian Cement Association (ASI) reports the sales represent a fall by 10.4 per cent from 2019 sales of 70...