Weekly Newsletter

4,217 posts · Page 318 of 422

Pakistan: Maple Leaf expansion plans

Pakistan: Maple Leaf expansion plans

Maple Leaf Cement Factory Ltd announced that its board of directors has approved an additional dry-process clinker production line (No. 3) at its existing plant site in Iskander...

Kenya: ARM will look to improve margins

Kenya: ARM will look to improve margins

ARM Cement posted a pretax loss of KES473.5m (US$4.5 m) in the first six months, which the firm attributed to unrealised foreign exchange losses associated with borrowing for it...

US cement shipments for June reach 9.2Mt

US cement shipments for June reach 9.2Mt

Total shipments of Portland and blended cement in the United States and Puerto Rico in June 2016 were about 9.2Mt, up by 2.7 per cent from sales in June 2015, reports the US Geo...

Kohat Cement reports profit increase of 32.7%

Kohat Cement reports profit increase of 32.7%

Kohat Cement announced a profit after tax of PKR4.4bn (US$42.1m) for the financial year ending 30 June 2016, a 32.7 per cent increase from the PKR3.2bn achieved in the correspon...

Cimpor takes massive provisions in Brazil

Cimpor takes massive provisions in Brazil

Cimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100...

Lucky Cement's profits up 9.3%

Lucky Cement's profits up 9.3%

As a result of an increase in turnover, Lucky Cement's full year profits increased by 9.3 per cent. The company reported earnings of PKR16.15bn (US$154.67m) compared to PKR14.78...