HeidelbergCement records 7% rise in group revenue for the 9M19
HeidelbergCement has reported a seven per cent increase in group revenue to EUR14.3bn for the first nine months of 2019, compared with EUR13.4bn in the year-ago period. Excludin...
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Buzzi Unicem sees improved cement volume and stable in concrete
Buzzi Unicem's turnover for the first nine months of 2019 was up by 13.4 per cent to EUR2423.6m, but ignoring exchange rate movements the increase would have been 9.9 per cent. ...
Titan Cement Group's turnover rises by 9% in 3Q19
Titan Cement Group's 3Q19 results saw consolidated turnover rise by 8.7 per cent compared to 3Q18, EBITDA rose by 15.4 per cent and net profit increased by 25.7 per cent. In the...
Birla Corp sees 450% rise in net profit
India's Birla Corp has seen a 450 per cent increase in net profit to INR880m (US$12.4m) in the 2QFY19-20, compared with INR160m in the corresponding period of the previous fisca...
UltraTech Cement looks to divest Bangladesh asset
India's UltraTech Cement has stated that its plan to divest non-core assets in China, the UAE and Europe, is progressing well. It has also announced that it is looking to exit t...
China sees 7% increase in cement output during the 9M19
China's cement output stood at 1.69bnt in the first nine months of 2019, up 6.9 per cent YoY, according to the Ministry of Industry and Information Technology (MIIT). During the...
EcoCementos commissions new 1.5Mta Colombian cement plant
Empresa Colombiana de Cementos (EcoCementos) is today launching a greenfield cement plant capable of producing up to 1.5Mta of cement in the Magdalena Valley in Sonsón municipal...
Dangote Cement Group's unaudited 9M19 results see volumes rise 1.1%
Dangote Cement Group's unaudited results for the 9M19 to 30 September 2019 saw group volumes up 1.1 per cent to 18Mt and Nigerian sales up 0.6 per cent to 10.8Mt, driven by stro...
MoU signing for 0.5Mta Cimenterie Industrielle de Kribi plant
Oscar Minko, managing director of Cimenterie Industrielle de Kribi (Cmikri) Sarl, and the Chinese consortium China National Building Material Co Ltd (Sinoma/Afcham) have signed ...
BUA Group consolidates cement subsidiaries
BUA Group, has announced the consolidation of its subsidiaries Cement Company of Northern Nigeria Plc (CCNN) and Obu Cement Company Plc. The move is part of its bid to deepen th...