Votorantim Cimentos reports net revenue of BRL7bn in the 2Q24
Votorantim Cimentos ended the 2Q24 with a higher net revenue from increased volumes, supported by geographic and product diversification. The company recorded global net reve...
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Southeast Cement sees 2Q net profit down 11%
Taiwan-based Southeast Cement Corp has posted a revenue of TWD604.62m in the second quarter of 2024, ended 30 June. This represents a 1.7 per cent decrease from TWD615.383m i...
Alpacem launches EUR50m Wietersdorf modernisation project
Alpacem has announced a EUR50m plant modernisation project at its Wietersdorf cement plant in Austria. The project includes a new grinding plant that could save up to 21,00...
Yura to install Line 3 AF handling equipment
Cemento Yura SA , part of the Gloria Group , plans to install a new system for the reception, storage, dosage and transportation of alternative fuels for the third kiln line ...
Qatar National Cement sees 16% drop in 1H revenue
Qatar National Cement Co (QNCC) posted revenues of QAR197.597m (US$54.3m) in the six months ended 30 June 2024, down 15.5 per cent from QAR233.779m in the 1H23. Gross profi...
Binmaster moves into new offices, warehouse and manufacturing facility
A tornado decimated Binmaster’s 10,684m 2 (115,000ft 2 ) plant and offices in less than 20s on 26 April 2024. However, Binmaster was back to assembling level sensors and wire...
Carbon Upcycling joins the PCA to advance decarbonisation
Decarbonisation and carbon capture and utilisation provider Carbon Upcycling is admitted to the Portland Cement Association (PCA). The US Department of Energy recently announc...
New 10Mta Nigerian plant set for 2025 start-up
Nigeria-based Residence Cement Co plans to establish a cement factory in the Gwana district of Alkaleri Local Government Area of the state in the first quarter of next year. G...
Cementir acquires additional 25.4% stake in Sinai White Portland Cement
Cementir Holding NV announced that its fully-owned subsidiary Aalborg Portland Holding A/S has acquired an additional 25.4 per cent stake in Sinai White Portland Cement Co...
Senegalese cement demand contracts 13% in June
Cement demand in Senegal declined by 12.6 per cent to 522,400t YoY in June 2024 when compared with June 2023 when the market required 598,000t of cement, according to Senegal's...
Cemengal wins new mill project in Tanzania
Simba Energy Ltd (Simba Group) is in the advanced stages of a groundbreaking partnership with Cemengal P&G. The company is establishing a twin cement grinding mill in the Tanga...
India Cements returns to black in 1QFY24-25
India Cements reported a standalone 1QFY24-25 revenue from operations of INR9.72bn (US$115.8m), down 30 per cent YoY. Cement and clinker volumes decreased to 1,961,000t in the ...
West International Holdings Ltd begins construction of Buikwe cement plant
The construction of a new UGX730m (US$196,180.8m) cement factory has begun on a 50-acre (20.2ha) plot in the Buikwe district of Uganda. Chinese-owned West International Hold...
Holcim strengthens Peru presence
Holcim has acquired Peru-based Comacsa and Mixercon for a total value of US$100m. Comacsa is the country’s leading producer of industrial minerals and white cement. Founded...
Vicat to construct housing and office project on site of Olympic village
On the completion of the 2025 Summer Olympic Games and Paralympic Games, the athlete's village that housed 9000 people will be converted by Vicat into a residential and pro...
Lucky Cement saw a significant profit rise in FY23-24
Lucky Cement Ltd posted its financial results for the 4QFY23-24 (April-June 2024) and FY23-24 (July 2023-June 2024) on the Pakistan Stock Exchange (PSX) website on 9 August, ...
Qassim Cement posts 58% rise in 1H net profit
Saudi Arabia-based Qassim Cement Co posted revenue of SAR203.3m for the quarter ended 30 June 2024, representing a 48.2 per cent increase from SAR137.2m in the year-ago perio...
Ukraine's reconstruction efforts boosts cement production
Ukraine 's cement association, Ukrcement, reported that the country has increased its cement production by 25 per cent in response to growing reconstruction needs. Data for th...
Kiln Services Pvt Ltd completes Ambuja ball mill project
Kiln Services Pvt Ltd has executed a cement ball mill job for Ambuja Cement Ltd’ s Roorkee plant ( Adani Cement group ). The job has been carried out within the stipulated tim...
Pakistan companies start posting financial results on PSX
Top cement companies in Pakistan will begin releasing their financial results for the last quarter (April-June 2024) on the Pakistan Stock Exchange (PSX) website. The Topline C...
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