Loma Negra sees net profit advance 35% in 2019
Argentina’s Loma Negra has reported a 5.5 per cent YoY decline in revenue to ARS38.95bn (US$660m) for the full-year 2019 period, compared with ARS41.24bn in the previous year. H...
Weekly Newsletter
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Taiwan's cement manufacturers record mixed results
Taiwan’s major cement manufacturers have reported mixed results in the first two months of 2020. Taiwan Cement Corp Taiwan Cement Corp has seen a 1.7 per cent decline in Februar...
Cemex and Buzzi Unicem complete Kosmos Cement sale to Eagle Materials Inc
Cemex has divested its 75 per cent share in its partnership with Buzzi Unicem of Kosmos Cement in Louisville, Kentucky, USA, to Eagle Materials Inc. The divestment is for an agg...
LafargeHolcim Bangladesh profits grow in 2019
LafargeHolcim Bangladesh has posted profit after tax of BDT1.737bn (US$16.24m) in 2019 as compared to BDT1.115bn in 2018. This represents a growth of 56 per cent in profit after...
Holcim El Salvador sets record production figures in 2019
Holcim El Salvador produced over 1.2Mt of cement and 710,000Mm 3 of concrete in 2019, representing record production figures, and plans to maintain this positive performance in ...
Colombian cement market expands 9% in January
Cement dispatches in Colombia increased by 8.5 per cent YoY to 995,400t in January 2020 from 917,100t in January 2019, according the country’s statistics office, DANE. Shipments...
GICA subsidiary prepares export plan
The Public Industrial Group of Algerian Cement (GICA) has announced that its Beni Saf subsidiary plans to export over 45,000t of clinker to African countries during the current ...
CRH EBITDA up 25% in 2019
CRH plc posted a six per cent advance, or three per cent like-for-like (LfL), in sales to EUR28.3bn in 2019 when compared with 2018. The company’s EBITDA increased 25 per cent (...
Cement demand in Vietnam falls 37% in January
Demand for cement in Vietnam in January 2020 saw a 37 per cent YoY decline to 2,879,347t, according to the Vietnam National Cement Association (VNCA). Domestic sales by VICEM fe...
Holcim Philippines posts 41% net income advance in 2019
Holcim Philippines achieved a revenue of PHP33.5bn (US$660.4m) in 2019 despite a slow first half in terms of construction activity. However, the company’s operating EBITDA incre...