UltraTech quarterly profit hit by subdued demand
UltraTech Cement, the leading cement producer in India, reported a 38.43 per cent decline in net profit for the last three months of 2013 as sluggish demand leads to a weaker pr...
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CMS to invest in new grinding plant
CMS Cement, part of the Cahya Mata Sarawak group, has announced plans to invest in a third grinding unit to meet Sarawak's further cement consumption requirements.
PT Holcim Indonesia 2013 sales dip
PT Holcim Indonesia Tbk reported lower sales volume in 2013, down two per cent to 8.43Mt compared to the 8.58Mt of cement sold in 2012. The company represented 14.5 per cent of ...
EUR16m investment in Quinn SRF project
Aventas Group, formerly Quinn Manufacturing Group, is to invest EUR16m in an alternative fuels project at its Quinn Cement plant in Ireland. Aventas said it is to convert the 1....
Sephaku launches production at Delmas plant
Sephaku Cement began commercial production at its Delmas grinding plant on 6 January 2014 following a successful commissioning phase, Sephaku Holdings has announced. The Delmas ...
Conch expects strong rise in 2013 profit
Anhui Conch, the leading cement producer in China by market value, said it expects a 50 per cent rise in net profit attributable to shareholders for 2013.
Indonesia full-year growth rate decelerates
Indonesian cement sales increased by 5.6 per cent in 2013, less than half the rate of growth of 14.5 per cent the year before, due to slower demand particularly in outer Java.
Full-year Saudi cement sales rise 4%
Cement sales in Saudi Arabia increased by four per cent in 2013 to 55.6Mt compared to 53.5Mt in 2012, a report released by local producer Yamama Cement Co has revealed. However ...
Vietnam cement sales exceed annual target
Vietnam cement sales climbed by 13.9 per cent YoY in 2013, exceeding the full-year target by 7.5 per cent, according to the Ministry of Construction (MoC).
Semen Indonesia: upbeat on 2014 outlook
PT Semen Indonesia (Persero) Tbk, the holding company for domestic producers Semen Gresik, Semen Padang and Semen Tonasa and Vietnam-based Thang Long Cement, is upbeat on its ou...