India: cement firms need solutions to gypsum shortage
According to a research report jointly published on 30 April by lobby group Confederation of Indian Industry and consulting firm AT Kerney, India has a scarcity of gypsum resour...
Weekly Newsletter
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Indonesia: electricity price rise alarms cement producers
Surging electricity costs resulting from subsidy withdrawal by the Indonesian government have been cited as the reason for Holcim Indonesia to bring forward plans to increase ce...
US cement shipments rise in February
Total shipments of Portland and blended cement in the United States and Puerto Rico in February 2014 were 4.7Mt, up slightly from the level in February 2013 reports the US Geolo...
Egypt: Arabian Cement to raise US$100m through IPO
Arabian Cement aims to raise US$100m by listing on the Egyptian stock market, according to an official from top MENA investment bank EFG Hermes. The cement company has previousl...
Angola: FCKS inaugurates 4500tpd kiln line
Fábrica de Cimento do Kwanza Sul (FCKS) has inaugurated its Kwanza Sul Cement plant and is now ready to start supplying cement in Angola following a construction period of four ...
Pakistan export volumes and revenues fall
Pakistan export volumes have seen a decline in the first nine months of the current fiscal both in terms of volumes and dollar value. However, latest monthly figures show a sign...
Asia Cement (China) earnings surge
Asia Cement (China) said its profit attributable to owners for the first three months of 2014 was 13.73 times higher YoY at CNY127.7m (US$20.4m). Revenue rose to CNY1.6bn, an in...
OCC quarterly profit affected by lower output
Oman Cement Co (OCC) reported a 47 per cent decline in net profit to OMR3.70m (US$9.61m) for the first three months of the year as a planned kiln shut down for expansion works a...
Peru: Pacasmayo 1Q net income down
Peruvian producer Cementos Pacasmayo reported a drop in net income of 11.8 per cent YoY to PEN39.8m (US$14.1m) in the first quarter of 2014. EBITDA came in at PEN80.7m compared ...
Philippine sales climb in first three months
Sales of local cement manufacturers grew by 8.6 per cent to 5.2Mt in the first three months of the year, on the back of continued growth in the construction and real estate indu...