Semen Indonesia Group sees 37% fall in May sales
Semen Indonesia Group (SIG) reported a 36.7 per cent drop in sales to 2,114,125t in May 2020 when compared with 3,338,768t in May 2019. Of this total Semen Indonesia, including ...
Weekly Newsletter
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Start-up of Fancesa project postponed to 1Q21
The coronavirus pandemic has seen a readjustment of the work schedule of the new plant being built in Sucre, Bolivia, by Fancesa as COVID-19 forced a 70-day quarantine upon the ...
Brazil's cement demand rises 3% in May
The Brazilian cement market expanded by three per cent YoY to 4.761Mt in May 2020, according to the country’s cement association, SNIC. Between January-May, dispatches slipped 0...
BUA Cement posts 25.1% rise in revenue
BUA Cement has announced a 25.1 per cent YoY increase in revenue to NGN54bn (US$139.3m) in its financial results for the 1Q20. Profit before tax increased by 15.7 per cent YoY f...
Turkish cement exports to Georgia fall by 53% in April
Cement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports ...
China's cement output recovers lost ground
Cement production in China fell 14.4 per cent YoY to 520.949Mt in the first four months of 2020. However, monthly output has rebounded strongly from its decline in February and ...
Eagle Materials posts record revenue in FY19-20
US-based Eagle Materials has reported a record revenue of US$1.45bn in the FY19-20, up four per cent from US$1.39bn in the previous fiscal year. Net earnings climbed three per c...
Caribbean Cement forecasts 10-20% sales decline in 2020
Jamaica-based Caribbean Cement expects its annual sales to drop 10-20 per cent this year, due to the effects of the COVID-19 pandemic. "The forecast we are seeing is a 10 to 20 ...
Colombian cement market contracts 76% in April
Dispatches of grey cement in Colombia declined 75.6 per cent to 241,900t in April 2020 from 991,100t in April 2019, according to the national statistics office, DANE. Consumptio...
Canadian Cement Association and producers call on President to up infrastructure spending
Canada's cement companies and the Cement Association of Canada (CAC) have written to Prime Minister Justin Trudeau as well as federal ministers to plead for federal government t...