Cemex to export 100,000t white cement from Sagunto
Mexico-based cement producer Cemex anticipates it will export 100,000t of white cement through the port of Sagunto, Spain. A first shipment is expected to leave the port for Gr...
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CG invests in Nepalese plants
Nepal´s leading business conglomerate Chaudhary Group (CG) is investing NPR10bn (US$101m) on cement plants in Dumkibas of Nawalparasi and Palpa. The CG brand of cement produce...
Huaxin expects strong rise in full-year net profit, China
Huaxin Cement expects net profit to increase by between 105-125 per cent YoY in 2013 compared to a profit of CNY556m in 2012 when it suffered from severe pricing competition. ...
Sai Son Cement reverses losses, Vietnam
Vietnamese producer Sai Son Cement (SCJ) swung to a net profit of VND7.1bn (US$80,648) in the fourth quarter of 2013 after a net loss of VND2bn in the same period the year befo...
Phase 2 of Najran WHR trial operations to continue to end-April
Najran Cement has said trial operations of a second phase of its waste heat recovery plant are expected to continue to the end of April, the Saudi-based producer said in a bour...
Moroccan 2013 cement sales decline
Cement sales in Morocco showed a 6.3 per cent decline in 2013, reflecting a worsening market contraction. In 2012, sales fell by 1.6 per cent, according to the Association Prof...
Raysut Cement selects Siwertell system for Omani port operations
Oman's leading cement producer, Raysut Cement Co, has ordered a high capacity road-mobile Siwertell unloading and conveying system from Cargotec for cement-handling operations ...
Egyptian court accepts Assiut appeal
An Egyptian court has accepted an appeal by Assiut Cement, overruling a decision to annul an agreement under which Cemex acquired a controlling stake in the Egyptian unit. The ...
ACC reports full-year loss, Saudi Arabia
Saudi producer Arabian Cement Company (ACC) reported SAR190m (US$50.7m) in net earnings in FY13, a 50.96 per cent decline compared with SAR387.4 min FY12. In the fourth quarte...
Bim Son Cement sales reach 3.9Mt in 2013
Vietnam-based producer Bim Son Cement JSC (BCC) sold 3.9Mt of cement and clinker in 2013, comprising 3.4Mt of cement and 588,000t of clinker. The company’s clinker output was ...
India Ratings maintains 'stable negative' outlook on cement sector
India Ratings has maintained a ‘stable negative’ outlook for the domestic cement sector in FY15 given the slowdown in construction and infrastructure sectors. Cement demand ...
Pakistan cement sector growth rises 5.2% in FY13
Pakistan’s central bank reported growth in the domestic cement sector in FY13 of 5.2 per cent compared to 2.9 per cent the year before. The annual report released last week b...
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 p...
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. The new gr...
Tabuk full-year net earnings decline, Saudi Arabia
Tabuk Cement' FY13 net earnings decreased 5.86 per cent in 2013 to SAR173.4m (US$46m) from SAR184.2m the year before. The Saudi-based producer said net earnings in the fourt...
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 o...
Jidong sees strong rise in 2013 net profit
Tangshan Jidong Cement Co Ltd expects net profit to be between CNY306m and CNY360m (US$50.6m-59.48m) in 2013, a YoY increase of 70 per cent to 100 per cent, the company said. ...
Peru: cement market expands 7.15% in 2013
Cement deliveries in Peru reached 10,256,359t in 2013, up 7.15 per cent YoY when compared with the 9,571,920t dispatched in 2012, according to Peru’s cement association, Asocem...
Spain: Oficemen and unions sign wage agreement with government
Spain’s cement association, Oficemen, and the country’s largest unions CCOO and UGT have sign a IV agreement with the state, setting the annual minimum wage in the cement secto...
FLSmidth wins order from Oman Cement
FLSmidth has received an order worth US$38m from Oman Cement Co for the supply of milling equipment for a grinding plant located in Rusayl Industrial Area, 6km from Port Sultan...
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