UltraTech Cement records net sales of INR102.31bn in 2QFY21
UltraTech Cement Ltd (Aditya Birla group) announced earned consolidated net sales of INR102.31bn (US$1.389bn) in 2QFY21 compared to INR94.86bn in 2QFY20. Profit after tax was IN...
Weekly Newsletter
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Spain's September demand advances but exports drop
Cement demand in Spain has declined by 11.6 per cent YoY to 9.858Mt at the end of the 3Q20, according to Oficemen, the country’s cement association. In September cement consumpt...
Construction on new plant set to begin in Uganda
Construction of the Ateker cement plant is due to begin in Moroto district, Uganda, within the next few weeks, according to the Moroto District Investment Agency. The cement fac...
Climate change a bigger threat than recession for US cement producers
Ed Sullivan, PCA senior vice-president and chief economist, gave an economic outlook for the USA and a cement business forecast on the opening day of the IEEE East Coast meeting...
Carthage Cement sees reduced COVID-19 impact on 3Q results
Tunisia-based Carthage Cement reported a less severe impact of the COVID-19 pandemic on its turnover in the third quarter of 2020. The company’s turnover fell by six per cent to...
Construction due to begin on 2.3Mta Dai Duong plant
Vietnam's Ocean Minerals Investment JSC is expected to commence the construction of Dai Duong cement plant on 22 October, with the project representing a total investment of VND...
PPC sees group revenue decline 2% YoY
South Africa-based PPC has seen its group revenue decline two per cent YoY to ZAR10.241bn (US$618.23m) in the year ending 31 March 2020, compared with ZAR10.494bn in the previou...
Peru's cement producers see 10% rise in local dispatches in September
Cement consumption in Peru remained largely stable at 1.018Mt in September 2020 when compared with August 2020 and increased 10 per cent YoY. Of this total, local dispatches acc...
LafargeHolcim expands carbon capture projects
LafargeHolcim's portfolio of carbon capture projects was strengthened with the US Department of Energy's national Energy Laboratory Technology’s (DOE-NETL) announcement that it ...
Kenya cement consumption sees 8M20 record high
Kenya's cement consumption for the 8M20 has hit a decade-high of 4.37Mt, according to the Kenya National Bureau of Statistics. Consumption rose by 11 per cent form the 3.95Mt re...