Dangote sees 21% rise in revenues, but drop in profit for 3Q16
Dangote reported a revenue of NGN442bn (US$1.4bn) for the nine months ended 30 September 2016, representing a 21 per cent YoY increase from NGN365bn in 9M15. Profit after tax fe...
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Peru: Unacem reports loss of US$1.15m in 3Q16
The company Union Andina de Cementos (Unacem), one of the two largest companies in the sector in Peru, reporteda loss of PEN3.9m (US$1.15m) in the third quarter due to lower sal...
Cemex Latam Holdings 9M16 net sales fall 8%
Cemex Latam Holdings SA (CLH) announced that its consolidated net sales reached US$1012m in the 9M16. This is a fall of eight per cent during the first nine months of 2016 compa...
Holcim Philippines 3Q profits up 15%
Holcim Philippines increased its net profit for 9M16 by nearly 20 per cent YoY to PHP5.4bn (US$111.8m), helped by a double-digit growth in cement sales. For the 3Q alone, the co...
Thailand: SCG sees cement revenues fall 19% in 3Q2016
Siam Cement Group (SCG) has announced that in the third quarter of 2016 profits rose by 57 per cent YoY, but at the company's cement and building materials division they saw a d...
USA: Hagerstown plant US$96m upgrade
Holcim (US) has completed a US$96m upgrade on its Hagerstown plant, Maryland. The facility has existed for over 100 years and according John Stull, CEO of US operations for Lafa...
Spain: Portland Valderrivas quadruples 9M loss
FCC subsidiary Cementos Portland Valderrivas of Spain reported a EUR233.3m loss in the first nine months of 2016, quadrupling its loss noted in 9M15.
Peru: Cementos Pacasmayo 3Q16 net income falls 21.7%
Cementos Pacasmayo SA's consolidated results for the 3Q16 and nine months (9M16) ended 30 September 2016 recorded cement, concrete and concrete block volumes were down 1.6 per c...
Cameroon: new Cimencam plant by 2018
Société les Cimenteries du Cameroun (Cimencam) announced that the commissioning of its new Nomayos cement plant is scheduled for mid-2018. The new grinding unit will boast an in...
Tunisia: Carthage Cement increases domestic market share
Carthage Cement's turnover for the first nine months ended 30 September 2016 grew 17 per cent, compared to the same period in 2015. It sold cement to the value of TND149m (US$66...