Weekly Newsletter

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Saudi Arabia volumes down 19% in 7M17

Saudi Arabia volumes down 19% in 7M17

Saudi Arabia’s cement sales volumes have dropped by 19 per cent YoY to 28.3Mt during the first seven months of 2017, a report from Al Rajhi Capital reveals.

UK construction industry growth slows

UK construction industry growth slows

Growth prospects for the UK's construction industry in 2018 have been downgraded as the country prepares to leave the EU, according to the latest forecasts by the Construction P...

Eagle posts flat 2Q earnings

Eagle posts flat 2Q earnings

Eagle Cement Corp of the Philippines reported a one per cent rise in earnings for the second quarter of this year as wet weather affected results.

Italian producers to appeal watchdog decision

Italian producers to appeal watchdog decision

Buzzi Unicem, Italcementi and Cementir have been fined by the Italian Competition Authority following a probe into the existence of alleged anti-competitive practices in the dom...

Pakistan achieves monthly sales high

Pakistan achieves monthly sales high

Pakistan achieved record monthly sales in July, increasing by 44 per cent YoY to 3.382Mt during the month led by robust growth in domestic demand.

Holcim Indonesia half-year sales decline 10% YoY

Holcim Indonesia half-year sales decline 10% YoY

Holcim Indonesia reported a 10 per cent decline in sales to IDR4288bn in the first half of 2017 due to “tough market conditions exacerbated by the timing of Ramadan,” the compan...

Siam City sees weaker domestic demand

Siam City sees weaker domestic demand

Siam City Cement Co recorded an 80 per cent decline in second-quarter net profit with the fall being attributed to rising costs and weaker demand in its home market of Thailand....

Martin Marietta modest first half growth

Martin Marietta modest first half growth

Martin Marietta Materials, one of the top five US aggregates producers, has announced a first half turnover 8.4 per cent ahead at US$1788m while the EBITDA was ahead by five per...

MPA: 2Q demand for mineral products declines

MPA: 2Q demand for mineral products declines

Construction market demand for mineral products was lower in 2Q17 compared with the previous quarter, providing evidence of a more general slowdown in construction activity in r...

PCA expects airports market to help drive demand

PCA expects airports market to help drive demand

Increased demand for US air travel is expected to help drive increased cement consumption over the next 25 years, according to the Portland Cement Association (PCA). Population ...