Qassim Cement posts 58% rise in 1H net profit
Saudi Arabia-based Qassim Cement Co posted revenue of SAR203.3m for the quarter ended 30 June 2024, representing a 48.2 per cent increase from SAR137.2m in the year-ago period. ...
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Ukraine's reconstruction efforts boosts cement production
Ukraine 's cement association, Ukrcement, reported that the country has increased its cement production by 25 per cent in response to growing reconstruction needs. Data for the ...
Taiheiyo Cement's 1Q net profit jumps to JPY13.53bn
Japan-based Taiheiyo Cement Corp reported a 7.9 per cent increase in revenues to JPY208.85bn (US$1.43bn) in the quarter ending 30 June (1QFY24-25) from JPY193.54bn in the year-a...
Lafarge BFC Serbia to invest in eco-friendly cement plant
Lafarge BFC ( Serbia ), part of the Holcim Group , plans to open an eco-friendly cement plant in Obrenovac. The EUR110m (US$120.3m) plant will produce cement from the ashes of n...
Buzzi SpA reports net profit fall of 2% in 1H24
Buzzi SpA has reported a 4.5 per cent drop in net sales to EUR2054m in the 1H24 when compared with net sales of EUR2150m in the 1H23. Cement and clinker sales fell by eight per ...
Ambuja lays foundation stone at new Bihar grinding facility
Ambuja Cement Ltd , part of Adani Cements , has announced a cement grinding unit in Bihar, investing INR16bn (US$190.8m). Bihar Chief Minister, Nitish Kumar, laid the foundation...
Eastern Province Cement sees 20% rise in 1H net profit
Saudi cement producer Eastern Province Cement Co posted a sales revenue of SAR585m (US$156m) in the first six months of 2024, representing a 29.1 per cent increase from SAR453m ...
Cooperativa la Cruz Azul starts construction on a new cement plant
Mexico-based Cooperativa la Cruz Azul has presented plans for the construction of a new industrial unit to manufacture cement in the municipality of Seybaplaya, southwest of the...
JK Lakshmi Cement to merge three subsidiaries
JK Lakshmi Cement's board has approved the merger of three of the company's subsidiaries: Udaipur Cement Works (UCWL), Hansdeep Industries and Trading Co, and Hiddrive Developer...
Titan Group reports 1H net profit up 34%
In the 1H24 Titan Group achieved consolidated sales growth of 7.6 per cent, reaching EUR1323m, with all regions supporting top-line growth and overall volumes increasing, leadin...