Maple Leaf Cement is diversifying into the Pakistan fertiliser business
Maple Leaf Cement Factory Ltd (MLCF) has entered the lucrative Pakistani fertiliser business. According to the company’s notification to the Pakistan Stock Exchange (PSX) on ...
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Titan Group reports 1H net profit up 34%
In the 1H24 Titan Group achieved consolidated sales growth of 7.6 per cent, reaching EUR1323m, with all regions supporting top-line growth and overall volumes increasing, leadi...
Vietnam 1H domestic cement sales contract, exports flat
Total Vietnam cement sales, including domestic and export, for June amounted to 7.344Mt, down 6.7 per cent MoM from 7.873Mt in May, and down eight per cent YoY according to the...
Molins records revenues of EUR692m in the 1H24
Molins 1H24 results saw revenues of EUR692m, slightly lower than the 1H23, with positive impact of selling prices and negative impact of lower volume and currency fluctuation...
Cemex installs renewable energy at Alrewas site
Cemex has installed an innovative renewable energy project at its Alrewas ready-mixed concrete plant in Staffordshire, UK. The system, which uses a 90kWh battery along with s...
Caribbean Cement reports gains in 1H24
Jamaica-based Caribbean Cement Co Ltd (CCCL) has announced unaudited revenue of JMD7666m (US$49m) in the quarter ended 30 June 2024. This compares to JMD7475m in the same per...
Heidelberg Materials acquires Carver Sand & Gravel
Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, New York, ...
Heidelberg Materials 1H revenues slip
Heidelberg Materials has released its half-year financial report for the period January to June 2024. The group’s consolidated revenue for the 1H24 was EUR9993.7m, marking...
Spanish cement industry contracted in 1H24
Cement consumption in Spain shrank 4.2 per cent YoY in June, coming in at 1.254Mt, down from 1.309Mt in June 2023, according to the latest data from Infocemento. Exports were...
Vicat's 1H24 growth driven by US
The Vicat Group has reported consolidated sales of EUR1937m in the first half of 2024, up from EUR1912m in the same period a year earlier. Over the same time frame, EBITDA ad...
Ambuja Cements posts profit growth in June 2024 quarter
Ambuja Cements Ltd , part of Adani Cement , has reported total income of INR49,361m (US$589.4m) in the quarter ended 30 June 2024, down slightly from the INR49,571m seen in t...
Pakistan expects local cement dispatches to fall in July 2024
Pakistan's local cement dispatches are likely to fall 24-26 per cent YoY and 32-34 per cent MoM to clock in at around 2.08Mt in July 2024. This was roughly estimated by BMA Cap...
Sanghi Industries reports improved income YoY
Sanghi Industries Ltd has reported total income of INR2305.5m (US$27.5m) in the quarter ended 30 June 2024. This is up from INR1702m in the same period in the previous year b...
Xuan Thanh Cement targets capacity rise by 2030
After more than a decade of construction and development, Xuan Thanh Cement ( Thai Group JSC ) has been affirming its capacity and brand reputation in the domestic and intern...
Canada's Cement association appoints new VP construction innovation
Rob Cooney joins the Canadian Cement Association (CAC) as its new vice president of construction innovation, where he will be leading the association’s efforts on standards, re...
Cementir post decline in 1H revenue but improves net profit
Cementir ’s consolidated revenue slipped by 3.4 per cent YoY to EUR811.8m in the first half of 2024 from EUR840.7m in the 1H23. Non-GAAP consolidated revenue declined by 7.5 p...
ACC sees results dip YoY in June quarter
India-based ACC Ltd has reported standalone total income of INR52,254m (US$623.9m) in the three months ended 30 June 2024. This compares to INR52,793m in the same period a ye...
Heidelberg Materials closes recycling loop in Poland
Heidelberg Materials has commissioned an innovative recycling plant for selective separation at its production site near Katowice, Poland. The first-of-its-kind facility feat...
Dangote Cement posts improved 1H net profit
Dangote Cement reports a revenue of NGN1.76tn (US$1.09bn) for the six months ended 30 June 2024, growing from NGN950.8bn in the same period in 2023, up 85 per cent YoY. Earni...
Digvijay Cement reports financial results from 1H24
Digvijay Cement has reported its revenue from ongoing operations for the period ended 30 June 2024 as INR1.76bn (US$21.1m). This represents an 8.3 per cent decrease from the co...
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