Eastern Province Cement Co sees 15% uptick in 9M net profit
Eastern Province Cement Co reported sales of SAR280m, up 15.2 per cent YoY, for the third quarter of 2024, according to data on the Saudi Exchange. The company attributed the...
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Pakistan's cement records home export revenue of US$65.19m in 3MFY25
Pakistan’s cement and clinker exports value declined by 2.2 per cent to US$65.19m (1.792Mt) in the 1QFy24-25 (July-September 2024) from US$66.68m (1.676Mt) in the same period o...
ABC Transport expands haulage capacity at Lafarge Africa with new CNG-powered fleet
ABC Haulage, the heavy-duty division of ABC Transport Plc, has significantly expanded its fleet capacity at Lafarge Africa ’s cement plant, introducing compressed natural gas ...
Kohat Cement Co reports strong profit for 1QFY24-25
The directors of Kohat Cement Co have issued the unaudited condensed interim financial statements for the first quarter ended 30 September 2024. The report reveals that durin...
Russian cement demand forecast to drop 15% in 2025
Russia's current decline in housing construction threatens to result in a significant drop in domestic cement consumption. The volume of cement consumption in the country in 20...
Pacasmayo posts 36% net profit advance in 3Q24
Peru-based Cementos Pacasmayo SAA reported a 0.2 per cent uptick in revenues for the third quarter of 2024 to PEN517.8m (US$137.5m) from PEN516.7m in the year-ago period. Con...
Semapa Group attributes 9M24 growth to cement operations
Semapa Group, the parent company of Portuguese cement producer Secil , has reported a net profit of EUR181.6m (US$197.3m) for the first nine months of 2024, marking an 8.6 per...
CRH moves to buy Civilmart
CRH has moved to buy CPE Capital’s Civilmart business, with the business containing assets that were previously part of Rocla Pipes. Rocla was sold to CPE Capital in 2021 for...
Cherat Cement posts strong financial results for 1QFY24-25
Cherat Cement Co Ltd (CHCC) submitted its financial results for 1QFY24-25 to the Pakistan Stock Exchange (PSX) on 28 October. The company reported a profit after tax of PKR2....
Cementarnica Usje reports 40% increase in 9M net profit
Cementarnica Usje , North Macedonia, posted flat operating revenues at MKD4.7bn (US$82.9m) for the first nine months of 2024. However, thanks to a 12 per cent YoY drop in op...
HWI to build a lightweight monolithics facility in Missouri
HWI, a member of Calderys, plans to construct a new lightweight monolithics production facility at its Fulton, Missouri, rotary kiln complex. The state-of-the-art plant represe...
Eagle Materials posts record 2Q revenue
US-based Eagle Materials Inc has reported a record revenue of US$623.6m in the 2QFY24-25 (ended 30 September 2024). Net earnings reached US$143.5m, according to a company sta...
Minister for the Economy visits Cimpor to see decarbonisation investments
Cimpor received a visit from Portugal's Minister of Economy, Pedro Reis, at the Alhandra Production Centre to present the company's strategic decarbonisation plan for the cou...
TCMA releases its Thailand 2050 Net Zero Cement & Concrete Roadmap
Thailand’s Cement Manufacturers Association (TCMA) has released the Thailand 2050 Net Zero Cement & Concrete Roadmap. The 70-page document has contributions from the Director G...
Molins reports revenues of EUR1022m in 9M24
Molins has announced its financial results for the first nine months of 2024 (9MFY24), a period highlighted by markets slowdown, albeit different across regions, amplified du...
Malayan Cement reports 156% increase in pretax profit
Malayan Cement Bhd , majority-owned by YTL Cement Bhd , has reported notable financial results for FY23-24 (ending 30 June 2024). The Malaysian building materials group poste...
Ecocem co-signs letter calling on UK government to begin climate leadership
Ecocem has joined other prominent businesses in calling for the UK government to reassert the country’s global climate leadership position at COP29. In an open letter publish...
US and Puerto Rican cement markets contract in July
Total deliveries of Portland and blended cement in the USA and Puerto Rico slipped 2.9 per cent YoY to 9.29Mt in July 2024 when compared with July 2023, according to the US Geo...
Cement consumption in Senegal falls 25% in August
Cement sales in Senegal saw a 24.9 per cent drop to 505,900t in August 2024 from 672,700t in August 2023, according to the country’s Ministry of Economic Affairs. Production f...
Pioneer Cement Ltd sees double-digit profit growth in 1QFY24-25
Pioneer Cement Ltd announced its 1QFY24-25 financial result on the Pakistan Stock Exchange’s website on 29 October. It reported earnings of PKR1bn (US$3.5m), up 10 per cent f...
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