Qassim Cement first-half net profit rises, Saudi Arabia
Qassim Cement posted a SAR334.6m (US$89.2m) net profit for the first half of 2013, up from SAR307.4m a year ago. The company attributed the increase to a rise in sales coupled...
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ARM's 1H13 pretax profit rises 28%, Kenya
An increase in sales has helped ARM Cement, Kenya's second-largest cement producer, to achieve a double-digit rise in pretax profit. Pretax profit for the six months ended ...
Cemex Mexico launches mobile alternative fuels centre
Cemex Mexico has introduced an innovative solid waste sorting system in the form of a mobile plant that will support its efforts to increase the use of alternative fuels. The s...
Moroccan 1H13 double digit sales fall
Cement sales in Morocco have hit a new low, with 1H13 figures noting a 12.6 per cent fall YoY as the real estate and public works sectors experienced a slowdown in activity. ...
Sino-Zimbabwe kicks off upgrade project
Sino-Zimbabwe Cement Company has started the first phase of an upgrade and refurbishment project at its factory situated 40km southwest of Gweru. Work is currently being und...
Steppe Cement 1H turnover boosted by higher prices
In the first half of the year, Kazakhstan-based cement producer Steppe Cement reported an eight per cent decline in volumes YoY but turnover rose by six per cent thanks to high...
Indian producers forced to make 10% provision of CCI fine
The 11 cement companies fined by the Competition Commission of India (CCI) last year will be forced pay 10 per cent of the total amount levied in the June quarter of this year....
TCC International expects profits to double in 1H13
TCC International expects to double net profit attributable to shareholders in the first half of this year compared to the same period of 2012. The increase is mainly attribu...
Pakistan hits domestic dispatch record
Pakistan achieved record domestic dispatches in the fiscal year 2012-13 (July-June) as sales crossed the 25Mt mark, 1.1Mt higher than last year’s 23.95Mt. Stagnant exports, how...
Ras Al Khaimah for White Cement begins expansion project, UAE
Sheikh Ahmed bin Humaid bin Mohammed Al Qasimi, Chairman of the Board of Directors of Ras Al Khaimah Company for White Cement and Construction Materials, has launched the expan...
Shree Cement places major order with Gebr Pfeiffer
Kolkata-based Shree Cement has awarded Gebr Pfeiffer (Germany) and its subsidiary Gebr Pfeiffer (India) Pvt Ltd a contract for five vertical roller mills. Shree Cement is cu...
INC notes 21% sales rise, Paraguay
Cement sales by Paraguay’s state cement company INC increased by 21 per cent to 4.8m bags in June when compared with the same month last year. January cement sales peaked at...
Buzzi Unicem launches bonds, Italy
Italy’s second-largest cement producer Buzzi Unicem launched on Tuesday the placement of equity-linked bonds worth EUR200m maturing in July 2019. The bonds may be converted in...
Vicem sales rise 17.3% in first half 2013
Vietnam Cement Industry Corporation (Vicem) sold 11.69Mt of cement and clinker in the first six months of 2013, representing a YoY increase of 17.3 per cent and fulfilling 51.9...
Najran Cement undertakes maintenance on Kiln Line 1, Saudi Arabia
Saudi Arabia-based cement producer Najran Cement said it has shut Kiln Line No 1 for scheduled maintenance which will take 25 days to complete. The cost of the shutdown is aro...
Poland's 1H sales see double-digit decline
Cement sales and ouput in Poland continue to feel the pinch following the completion of construction activity related to the 2012 European Football Championships, as double-dig...
Iranian exports surpass 5Mt mark
Iran cement and clinker exports for the first three months of the current Iranian calendar year crossed the 5Mt mark. Exports for the period stood at 5.075Mt, which represent...
Shiva Cement to raise capacity by 1Mta
Shiva Cement, in which ACC Ltd holds a 12.65 per cent stake, plans to increase capacity by 1Mta at its cement plant in Odisha on the east coast of India. The company currently...
ICL gets green light for New South Wales facility, Australia
Independent Cement and Lime Pty Ltd (ICL) has received permission to build a cement and ground slag facility in a section of the former BHP Steelworks site at Mayfield North, N...
Huaxin subsidiary to buy 20% of Shide Golden Eagle Cement, China
Huaxin Cement announced that its wholly-owned subsidiary Huaxin (Hong Kong) International Holdings, has signed an agreement with Starry Cosmos Group Ltd to acquire a 20 per cen...
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