Pakistan cement sector 1Q earnings rise 14%
Pakistan's cement sector earnings rose by 14 per cent in the first quarter of the current fiscal with nine of the country's leading producers posting higher growth. Lucky Ce...
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Zambia watchdog to examine pricing factors
Zambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa. CCPC public re...
Vicat sees growth in Asia and in the USA
Vicat's turnover for the first nine months of the year improved by a modest 0.6 per cent to EUR1740m, which represents an underlying advance of 3.2 per cent. The gearing level ...
A TEC awarded two contracts by Messebo, Ethiopia
A TEC has been awarded two contracts by Messebo Building Materials of Ethiopia: one for an alternative fuels system and the other for a big-bag filling station. The alternativ...
Tokyo Cement quarterly profit surges as costs fall, Sri Lanka
Sri Lanka's Tokyo Cement Company (Lanka) Plc, said profits in the September 2013 quarter rose to LKR619m (US$4.72m) in the September 2013 quarter up 166 per cent YoY due to low...
Holcim held back by weaker Indian and Mexican markets
Holcim's turnover for the first nine months declined by 6.1 per cent to CHF14,941m, as weaker Indian and Mexican markets hold back the company's performance. In euro terms the ...
Iran’s exports rise 15.79% in first seven months
Iran exported some 7.714Mt of Portland cement during the first seven months of the current Iranian calendar year (beginning 21 March 2013), representing a 15.79 per cent YoY ri...
Egypt sees signs of stablisation
Signs of stability are beginning to emerge in the Egyptian cement market with visibility improving in several areas, a recent flash note by CM-CIC Securities highlights. The...
Vulcan improves margins and returns to profits
Vulcan Materials' turnover for the first nine months improved by 6.7 per cent to US$2090.5m and the EBITDA moved ahead by 29.8 per cent to US$372.4m. The trading profit jump...
ARM Cement 9M13 pretax profit boosted by higher sales
ARM Cement posted a 28 per cent rise in pretax profit for the first nine months of the year boosted by higher sales. Kenya’s second largest cement producer said on Tuesday its...
FLSmidth wins large O&M contract from Dangote Cement in Nigeria
FLSmidth and its affiliated companies have signed a number of contracts with Dangote Cement PLC for operation and maintenance of certain production lines at their cement plants...
Philippine cement sales rise 7.1% on stronger government spending
Cement sales in the Philippines increased by 7.1 per cent to 14.9Mt from 13.9Mt in the same period of last year, according to the country’s cement association, CeMAP. Accordi...
Anhui Conch Jan-Sept net profit rises 36.82%
Anhui Conch Cement Co 's net profit in the first nine months rose 36.82 per cent YoY to CNY5.36bn (US$878.6m), the company said in its third-quarter report. Basic earnings per...
Siam City Cement Co sees annual 3Q gains, Thailand
Siam City Cement, Thailand’s second-largest cement producer, reported a 53 per cent rise in net profit for the third quarter of 2013, thanks to solid sales, higher prices and e...
Jamaica signs CCCL export agreement to Venezuela
The government of Jamaica has signed an agreement for Caribbean Cement Co Ltd (CCCL) to supply cement to Corporación Socialista del Cemento under the PetroCaribe agreement, loc...
Significant rise in Saudi Arabia clinker imports
Saudi cement companies have reported a significant rise in clinker imports over the first three quarters of the year while cement exports decline. Clinker imports totalled 1,...
Falcon Cement receives ISO 9001 certification, Bahrain
Falcon Cement Company, Bahrain’s first integrated cement producer, has announced that following comprehensive assessments, the company and its systems has been approved for ISO...
Siam Cement expects flat 4Q sales on flood factor
Siam Cement reported a five per cent sales rise in the third quarter, but expects floods to impact sales in the final three months of the year. Sales in the fourth quarter ar...
Suez Cement quarterly profit drops on demand, energy shortages
Suez Cement reported a significant decline in earnings and profit for the third quarter of 2013 due to lower sales and reduced output on the back of energy shortages. The co...
ARM expects new capacity to boost earnings
Kenya’s ARM Cement said it expects earnings to increase at a faster pace this year thanks to its new capacity in Tanzania. In an interview with Reuters, ARM Cement’s chief ex...
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