Lafarge Africa sees net profit rise 157% in 1Q20
Lafarge Africa has reported a 9.8 per cent increase in net sales to NGN63.97bn (US$178.93m) in its unaudited results for the first quarter of 2020, compared to NGN58.02bn in the...
Weekly Newsletter
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Huaxin Cement acquires ARM Cement's Tanzanian unit
The Tanzanian unit of Kenya's ARM Cement has been sold to China's Huaxin Cement, according to its administrator PricewaterhouseCoopers. Huaxin is expected to invest US$116m into...
Swiss cement deliveries stable in 1Q20
Cement deliveries in Switzerland including Liechtenstein remained largely stable in the 1Q20 at 872,104t, just slightly down from 874,275t reported in 1Q19, according to Cemsuis...
Peruvian cement consumption plummets in April
Peru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement assoc...
Brazil cement consumption declines 7% in April
While Brazilian cement sales in April fell 6.9 per cent YoY to 4.1Mt, sales per business day saw a drop of only 2.5 per cent to 185,500t, according to Brazil’s cement associatio...
Semen Indonesia Group sales edge up in April
Semen Indonesia Group (SIG) reported total sales in April 2020 of 3,060,256t, up 0.5 per cent when compared with April 2019, when the group achieved sales of 3,046,007t. Semen I...
US and Puerto Rico February Portland and blended cement shipments up 13%
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 13 per cent YoY in February 2020 to 6.4Mt, reports the US Geological Surve...
Argentina’s market contracts 55% in April
Cement consumption in Argentina dropped 55.2 per cent YoY and 19.7 per cent MoM in April 2020 to 403,652t from 900,938t in April 2019, according to the latest data by the countr...
CEMBUREAU's Carbon Neutrality Roadmap to reduce CO2 to net zero by 2050
CEMBUREAU's Carbon Neutrality Roadmap (CNR) looks at how the European cement industry can reduce its carbon emissions by 2050, and align with the objectives of the European Gree...
Buzzi Unicem records 1Q20 net sales of EUR688.5m
Buzzi Unicem has released its 1Q20 results which saw net sales reach EUR688.5m, up 4.9 per cent on 1Q19. Cement sales rose by 0.4 per cent to 6Mt, while concrete volumes fell by...