Shree Cement to set up 3Mta grinding plant in Cuttack
Shree Cement is setting up a 3Mta cement grinding unit at Chandrabali village, Shyampura, in Cuttack district of Odisha. The INR452,550m (US$2m) facility is being constructed by...
Weekly Newsletter
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Brazil cement sales fall 3% YoY in July
Domestic cement sales in Brazil slipped 2.5 per cent to 4.589Mt in July when compared with the year-ago period when sales reached 4.709Mt, according to the country’s cement asso...
Suez Cement reports net profits of EGP250m in 1H18
Suez Cement reported EGP250.59m (US$14m) in net profits for the six-month period ended June, against a loss of EGP40.61m in the year-ago period, according to a filing to the Egy...
US/Puerto Rico Portland and blended shipments up 7% in May
Total shipments of Portland and blended cement in the USA and Puerto Rico advanced 6.5 per cent to 9.4Mt in May 2018, according to the US Geological Survey.
Taiheiyo Cement records 32% net profit increase in 1QFY18-19
Taiheiyo Cement has announced a 5.9 per cent YoY increase in revenue to JPY211.34bn (US$1.9bn) in the first quarter of FY18-19 ended 30 June, compared with JPY199.61bn of the ye...
Argentina's cement demand falls 6% in July
Argentina’s cement market contracted by 6.3 per cent in July 2018 when compared with the previous year, according to the country cement association, AFCP. Domestic consumption f...
Vicat sees strong growth in net profit
Vicat's 1H18 turnover improved by 2.7 per cent to EUR1281m, or by 9.6 per cent on a comparative basis. EBITDA advanced by 4.5 per cent to EUR197m, or by 12.3 per cent on a compa...
Eagle Materials sees record revenues
Eagle Materials Inc saw its 1QFY18-19 revenues hit record levels at US$393.8m, up eight per cent YoY. Net earnings rose 12 per cent from US$54.882m in 1QFY17-18 to US$66.339m in...
Birla Corp plans 3.9Mta plant in Maharashtra
India's Birla Corp Ltd has announced that its RCCPL subsidiary plans to set up a 3.9Mta facility in Mukutban, Maharashtra, at an investment cost of INR24.5bn (US$356.8m). The pr...
Buzzi Unicem's 1H18 net sales fall to EUR1337.4m
Buzzi Unicem's net sales for the 1H18 were down 1.2 per cent to EUR1337.4m compared to EUR1353.8m in 2017, while EBITDA decreased by 5.7 per cent from EUR241.1m to EUR227.4m. Th...