HeidelbergCement releases 1Q20 results
HeidelbergCement has recorded a seven per cent decline in revenue to EUR3.93bn for the first quarter of 2020, compared with EUR4.24bn in the year-ago period. The company saw sal...
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Mahendra Singhi considers COVID-19 impact on the Indian cement industry
Mahendra Singhi, president of India’s Cement Manufacturers Association and managing director and CEO of Dalmia Cement (Bharat) Ltd, opened Cemtech’s third live webinar yesterday...
Vicat post 3% sales increase in 1Q20
Vicat reported a 2.6 per cent advance in total consolidated sales in the January-March 2020 period to EUR615.5m from EUR600m in the 1Q19. At constant scope and exchange rates, c...
Argos records revenues of COP2.2trn in 1Q20
In the first three months of 2020, Argos (Grupo Argos) reported revenues of COP2.2trn (US$5.6bn), a figure that remains stable when compared to 2019. EBITDA, including the effec...
Cemex Philippines sees net sales fall 10%
Cemex Holdings Philippines Inc announced that net sales decreased by 10 per cent during the 1Q20, versus the 1Q19, amounting to PHP5.6bn (US$110.7m). Domestic cement volumes dec...
Cem'In'Eu prepares start-up of Rhône Ciments
Cem'In'Eu is starting up Rhône Ciments, its second cement plant in Portes-lès-Valence, Drôme region, France. "Moving to Portes-lès-Valence allows us to be in the middle of a Lyo...
LafargeHolcim's net sales fall to CHF5.293bn in 1Q20
LafargeHolcim announced its 1Q20 results with net sales reaching CHF5.293bn (US$5.4bn), down 11.2 per cent from CHF5959m in the 1Q19. Recurring EBIT totalled CHF262m in the 1Q20...
Vietnamese cement dispatches slip in March
Vietnamese producers supplied 6,508,053t of cement to the domestic market in March 2020, according to the Vietnam National Cement Association (VNCA). This represents a decrease ...
Namangan Cement launches construction of second line
Uzbekistan's Namangan Cement LLC has launched the construction of a second line at its facility in Namangan, Chust district. The company was founded in 2019 and produces 200,000...
Kenya's cement consumption recovers in January
Kenyan cement consumption reached a 17-month-high in January 2020, according to the Kenya National Bureau of Statistics (KNBS). Demand hit 528,904t during the month and marked t...