CRH reports sales of EUR13.2bn in 1H19
CRH reported that group sales in 1H19 amounted to EUR13.2bn, up 11 per cent when compared with 1H18. EBITDA was 36 per cent ahead of 1H18 and the EBITDA margin rose by 11.7 per ...
Weekly Newsletter
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Iraq approves investment to reconstruct Kufa cement plant
Iraq’s Finance Ministry has approved a US$60m investment to reconstruct a government-owned cement plant in the south-central Najaf governorate, according to Zawya. Work on the r...
Vietnamese cement deliveries advance by 30% in July
Cement dispatches by Vietnamese producers surged by 30 per cent YoY to 8.08Mt in July, according to data by the Vietnam National Cement Association (VNCA). When compared with th...
Dominican Republic cement market expands 5% in 1H19
Cement sales in the Dominican Republic increased 5.2 per cent YoY in the January-June 2019 period, according to the country’s cement association, Adocem. Output from domestic ce...
Peruvian cement market expands 9% in July
Peru’s cement consumption increased 9.1 per cent YoY to 983,000t in July 2019 when compared with the previous-year’s equivalent month, which saw demand at 901,000t, according to...
Tanga Cement sees 25% increase in revenue for 2018
Tanzania’s Tanga Cement reported a 25 per cent YoY increase in revenue to TZS215bn (US$93.56m) for 2018, up from TZS172bn in the previous year. Gross profit rose 91 per cent to ...
Birla Corp announces INR50bn expansion plans
India’s Birla Corp has announced plans to increase its total cement capacity to 25Mta by 2025, with an investment of INR50bn (US$701.5m). The new capacity will be shared between...
Czech cement production increased 10% in 2018
The Czech Republic’s cement output increased 9.8 per cent YoY to 4.43Mt in 2018, the largest amount since 2008, according to data from the country’s cement producers’ associatio...
Argos sees net income grow to US$22m in 1H19
Argos has announced that the company's net income grew by 33.5 per cent to US$22m in 1H19. Argos revenues also expanded by 10.6 per cent to US$1.419m, while EBITDA registered an...
Brazil cement market expands 8% in July
Brazilian cement sales increased 8.1 per cent YoY to 4.953Mt in July 2019, according to the country’s cement association, SNIC. The market expanded most in the south, advancing ...