LEILAC pilot plant testing for CO2 capture is operational
On the 7 May 2019, the Low Emissions Intensity Lime & Cement (LEILAC) consortium partners and External Advisory Board met to celebrate the ribbon cutting of the LEILAC pilot pla...
Weekly Newsletter
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HeidelbergCement reports improved 1Q results due to volume and price increases
HeidelbergCement posted revenues of EUR4.238bn in January-March 2019, up 16.9 per cent when compared with the 1Q18. Like-for-like (LfL) – ie, excluding positive exchange rate ef...
Post-merger CCNN reports improved 1Q19 results
Nigeria’s Cement Co of Northern Nigeria (CCNN) saw its net profit after tax soar by 236 per cent YoY to NGN3.636bn (US$10.1m) in the first quarter of 2019 ended 31 March. The me...
Hail Cement sees 41% YoY 1Q revenue increase
Saudi Arabia-based Hail Cement reported a 41 per cent YoY rise in revenues to SAR68.6m (US$18.3m) in the first quarter of 2019. “The main reason for the increase in net income i...
MPA reports sluggish 1Q19 sales of building materials in the UK
Sales volumes of mineral products across markets including aggregates, asphalt, ready-mixed concrete (RMC) and mortar declined in the UK in 1Q19, reported the Mineral Products A...
Eagle Cement Corp achieve PHP1.59bn net profit in 1Q19
Eagle Cement Corp reported a net profit of PHP1.59bn (US$30.6m) in 1Q19. This was a rise of 49 per cent YoY driven by a double-digit growth in sales volumes and higher cement se...
FLSmidth reports strong order intake in 1Q19
Two large cement orders from Paraguay and Vietnam supported Denmark-based equipment manufacturer FLSmidth’s order intake in the 1Q19. The order backlog expanded to DKK17.8bn (US...
LafargeHolcim divests operations in Malaysia and Singapore
LafargeHolcim has signed an agreement with YTL Cement Bhd for the divestment of its entire 51 per cent stake in Lafarge Malaysia Bhd for a consideration of US$396m, fully payabl...
ACC shows 38% growth in profit for the 1Q19
India's ACC (LafargeHolcim group) has reported a 38 per cent YoY increase in profit after tax to INR3.46bn (US$49.51m) in the 1Q19, compared with INR2.5bn of the year-ago period...
Vietnam cement sales advance 11% in March
Domestic sales in Vietnam increased 19 per cent YoY and 147 per cent MoM to 6.797Mt in March 2019, according to the latest data from the Vietnam National Cement Association (VNC...