Weekly Newsletter

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JSW Cement plans to double green cement capacity

JSW Cement plans to double green cement capacity

India’s JSW Cement Ltd plans to double its green cement capacity over next couple of years. At present, the company produces green cement at its Salboni unit in West Bengal to c...

El Sewedy Cement sells Sinai Cement stake

El Sewedy Cement sells Sinai Cement stake

Egypt-based El Sewedy Cement has sold its entire stake of 7.476 per cent in Sinai Cement’s capital for EGP41.97m (US$2.46m), or at an average price of EGP8.25/share, EFG Hermes ...

Peru's cement market expands 3% in April

Peru's cement market expands 3% in April

Cement consumption in Peru advanced 3.4 per cent to 905,000t in April 2019, up 3.4 per cent when compared with April 2018, according to the country’s cement association, Asocem....

Cementir shows strong 1Q recovery

Cementir shows strong 1Q recovery

Cementir's first-quarter turnover recovered by 9.1 per cent to EUR264.4m (US$296.4m) and EBITDA rose by 39.8 per cent to EUR33.7m, while at the trading level the advance was red...

Buzzi Unicem 1Q19 benefits from better weather

Buzzi Unicem 1Q19 benefits from better weather

Buzzi Unicem's first-quarter turnover rose by 21.7 per cent to EUR656m (US$735.2m), having fallen by 8.4 per cent a year earlier, with turnover having improved in all countries ...

Argos' consolidated revenues rise 14% in 1Q19

Argos' consolidated revenues rise 14% in 1Q19

In the first three months of 2019, Argos reported revenues of US$693.8m, an increase of 14 per cent on 1Q18. Operating EBITDA reached US$99.39m, 3.7 per cent higher, while net p...