DG Khan Cement sees USA as most favourable cement export destination
DG Khan Cement Co Ltd held its corporate briefing on 14 November to discuss its FY23-24 financial results and outlook. DG Khan earned a profit of PKR542m (US$1.94m) in FY23-2...
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Suvo Strategic Minerals secures government funding for low-carbon "Colliecrete"
Suvo Strategic Minerals Ltd has secured AUD380,236 (US$ 246,151) in funding from the Australian's government under its R&D Incentive Scheme to support ongoing research into it...
Shandong province suspends winter cement manufacturing
China's industrial hub of Shandong province is ruling that cement producers must curb operations during the winter to reduce air pollution, according to an official announcemen...
US cement sales drop sharply in August
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico amounted to 9.926Mt in August, down 8.9 per cent YoY from the 10.901Mt recorded in...
Yura announces bid to acquire stake in Cementos Bío Bío
Yura Chile SA, part of Peru's Yura (Gloria Group), has announced the start of a public offer for the acquisition of shares in Chile to purchase a stake of up to 20.059 per cent...
Ramco Cements posts financial results for 2QFY24-25
Ramco Cements Ltd (India) has shared financial results for the 2QFY24-35, highlighting that the company is on track to achieve its asset monetisation target as previously com...
Asia Cement reports stable 3Q revenue but net profit falls 30%
Taiwanese cement producer Asia Cement Corp has reported a revenue of TWD19,953.2m (US$614.9m) in the third quarter of 2024, up 0.3 per cent YoY when compared with the 3Q23, w...
Votorantim records strong domestic performance in 3Q24
Votorantim Group ’s regional performance in the 3Q24 was headed by its domestic sales in Brazil. V otorantim Cimentos’ net revenue in Brazil was BRL3.5bn in 3Q24, on par with...
Sumitomo Osaka Cement posts mixed results for 1HFY24-25
Sumitomo Osaka Cement Co Ltd posted mixed results for 1HFY24-25, with net sales declining 1.1 per cent to JPY108.61bn (US$705.53m) amid weaker domestic cement demand. Howeve...
Crown Cements' profit plunged in July-September 2024
Crown Cement's profit dropped 89 per cent YoY in July-September 2024 to BDT37.7m (US$0.315m) from BDT345m in the same quarter a year ago. Total sales revenue during this peri...
Chia Hsin Cement profits triple in 3Q24
Taiwan-based Chia Hsin Cement Corp saw a five per cent pick-up in revenue to TWD775.7m (US$23.9m) in the 3Q24 from TWD738.5m in the year-ago period. Pretax profits tripled fro...
Votorantim Cimentos posts BRL1bn net profit in 3Q24
Votorantim Cimentos reports it completed its 3Q24 results with a net profit of BRL1bn (US$17.3m), a 24 per cent increase compared to BRL824m in the same period last year, pri...
Loma Negra posts 9% drop in 3Q net profit
Loma Negra reported a net sales revenue of ARS180,686m (US$185m) in the third quarter of 2024, down 21.2 per cent YoY due to a 21 per cent drop in sales volumes of the compan...
FLSmidth reports 31% drop in cement order intake in 3Q24
FLSmidth reported that its cement business in the 3Q24 achieved an adjusted EBITA margin of 10.8 per cent, demonstrating continued strong execution of higher-margin orders as w...
Lafarge Africa inaugurates AFR platform at Mfamosing plant
Lafarge Africa Plc has launched its new alternative fuel and raw material (AFR) platform at the Mfamosing plant in Cross River State, Nigeria, aiming to replace conventional f...
Lucky Cement believes cement exports have become more attractive
Lucky Cement Ltd held its corporate briefing on 12 November to discuss the financial results of 1QFY24-25 (1 July-30 September 2024) and the company's outlook. BMA Researc...
Orient Cement reports 24% drop in 2Q income
Orient Cement Ltd , based in Bhubaneswar, India, and part of Ambuja Cements Ltd , reported a total income of INR5476m in the quarter ended 30 September 2024 (2QFY24-25), down...
Hsing Ta Cement sees 47% fall in net profit in 3Q24
Taiwan-based Hsing Ta Cement posted a revenue of TWD1059.1m (US$32.6m) in the third quarter of 2024, down 33.6 per cent when compared with TWD1595.2m in the equivalent period...
Hanson Australia rebrands as Heidelberg Materials Australia
Hanson Australia has officially rebranded as Heidelberg Materials Australia, aligning with the global rebranding strategy of its parent company, Heidelberg Mater...
Geseke CCS project reaches technical planning phase
In October, with the awarding of the contract, for GeZero between Heidelberg Materials and Fluor Corp the GeZero Carbon capture and storage (CCS) project at Geseke cement p...
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