Peru sees February consumption edge up
Cement demand in Peru increased by 1.4 per cent YoY in February 2018 to 0.824Mt from 0.812Mt, according to the latest data by Asocem, the country’s cement association. When comp...
Weekly Newsletter
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New 6000tpd Saudi cement plant for Al Baha Cement
Saudi Arabia’s Al Baha Cement Co plans to built a new cement plant with a capacity of 6000tpd of sulphate-resisting Portland cement as well as the potential to produce white and...
Brazil's cement demand largely stable in February
Brazilian cement demand reached 3.872Mt in February 2018, down 0.8 per cent from 3.902Mt reported in the year-ago period, according to the latest data from the country's cement ...
Siam City Cement posts 28% revenue increase 43% net profit dip 2017
Siam City Cement announced a total consolidated revenue increase of 25.8 per cent to THB43.885bn in 2017 from THB34.896bn the previous year. Net sales increased 27.6 per cent Yo...
Cemex is the first company to operate plants by remote control
Cemex has announced that it is the first company in the industry to successfully operate plants by remote control. The company’s monitoring and remote control system, Centro de ...
Vicat announces plans for upcoming Indian projects
Vicat Group will invest INR5.1bn (US$78.4m) to set up a 1.75Mta greenfield grinding unit in Vizianagaram, Andhra Pradesh, India. The group’s subsidiary Kalburgi Cements Pvt Ltd ...
Cementir announces 13% EBITDA rise in 2018
Cementir reported a 10.9 per cent increase in revenues to EUR1.14bn in 2017 from 1.028bn in 2016. EBITDA advanced by 12.6 per cent to EUR222.7m while net profit edged up 6.2 per...
Loma Negra 4Q17 net revenue rises by 57%
Loma Negra (InterCement group) announced its results for the three- and 12-month periods ended 31 December 2017 with net revenue for 4Q17 increasing 57.1 per cent to ARS4452m (U...
Whale Rock Cement ready to start production in April
Whale Rock Cement, a joint venture between Chinese businesses and a Namibian partner, is to start producing cement in April, under the Cheetah Cement brand, according to company...
Breedon Group reports earnings up 43% to GBP652m
Breedon Group PLC reports revenues grew by 43 per cent to GBP652.4m (US$904.9m) in 2017 while underlying earnings before interest and tax (EBIT) increased by 35 per cent to GBP8...