Ghana shuts three cement companies
The Ghana Standards Authority has shut down three cement companies due to their use of inferior materials, reports the Daily Graphic. The three cement producers in question are...
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JK Cement announces passing of Jitendra Singh
India’s JK Cement has announced the sudden passing of Jitendra Singh, its former chief information officer (CIO). Mr Singh suffered a heart attack on 12 November 2023, aged 5...
New chairman in Attock Cement
Company Secretary, Attock Cement Pakistan Ltd , Irfan Amanullah, informed Pakistan Stock Exchange Ltd (PSX) on 13 November that after the recent election of directors of the c...
Brazil's cement market contracts 2% in October
Cement sales in Brazil declined by 2.1 per cent to 5.257Mt in October 2023 when compared with October 2022, when sales reached 5.368Mt, according to the Brazilian cement associ...
LafargeHolcim Bangladesh registers a 58% growth in profit during 9M23
LafargeHolcim Bangladesh ( Holcim group ) saw a 58 per cent YoY growth in profit to BDT5.21bn (US$77.2m) for January-September 2023 period against BDT3.308bn earned in the co...
Birla Corp reports 14% revenue growth in 2QFY24
Birla Corp has reported revenue of INR22,858.3m (US$274.5m) in the 2QFY24 ended 30 September 2023. This marks a 14.3 per cent YoY increase. Net profit in the 2QFY24 came in a...
Ramco Cements reports YoY profit advance
The Ramco Cements Ltd recorded total income of INR23,427.9m (US$281.3m) in the quarter ended 30 September 2023. This compares to INR22,489.m in the previous quarter and INR17...
Anjani Portland Cement reports revenue fall YoY
Anjani Portland Cement Ltd , a subsidiary of Chettinad Cement Corp Pvt Ltd , has reported total income of INR1011.5m (US$12.14m) in the quarter ended 30 September 2023. This ...
Al Jouf Cement Co's profit balloons 836.43% YoY in 9M23
Al Jouf Cement Co announced the initial consolidated financial results for the period ending 30 September 2023 on the Saudi Stock Exchange. The company saw its net income su...
Orient Cement sees revenue expand 17% YoY
Orient Cement, part of the CK Birla Group , has reported total income of INR7222.4m (US$86.6m) in the 2QFY24, ended 30 September 2023. This marks a 16.5 per cent increase on...
FLSmidth's group revenue rises 2% in 3Q23
FLSmidth's consolidated group revenue increased by two per cent in the 3Q23 compared to the 3Q22. Adjusted for integration costs of DKK119m (US$17m), the EBITA margin was 10.1 ...
Suggested changes to EU's Net Zero Industry Act spark concern
This week CEMBUREAU issued an urgent call for action to the European Parliament to maintain the ambitious CO2 storage target that the EU set out in March 2023 in the EU ...
Votorantim Cimentos posts 36% profit growth in 3Q23
Votorantim Cimentos has posted revenue of BRL7.4bn (US$1.51bn) in the third quarter of 2023, down three per cent compared to the same period a year earlier. The decline has b...
Argos records EBITDA of COP742bn in the 3Q23
Argos reported that for the 3Q23 adjusted EBITDA stood at COP742bn (US$180.35m), increasing 25.4 per cent on a comparable basis versus 3Q22. The company's revenue in the 3Q23...
Lafarge Africa reduces CO2 emissions through AF use
Lafarge Africa has reduced is CO 2 emissions from 595kg CO 2 /t in 2021 to 574kg CO 2 /t in 2022 through the use of alternative fuels and energy-efficient technologies. Acc...
Titan announces 14% sales rise in 9M23
Titan 's group sales in the 9M23 increased by 14 per cent to EUR1892m YtD driven by increased volumes in all its regions and by solid pricing levels. Group EBITDA reached EUR3...
Burnpur Cement posts YoY revenue growth
India’s Burnpur Cement Ltd has posted total revenue of INR434.8m (US$5.22m) in the quarter ended 30 September 2023, up from INR330.3m in the same period a year ago. A loss of I...
LETA provides US$3.8m funding for PACER technology
Low Emission Technology Australia (LETA), an investor in technologies critical to reducing carbon emissions from industry, has committed AUD6m (US$3.8m) to support a new carbon...
Sol Cement to cease trading until it pays 40% of its tax bill
The Ghana Revenue Authority (GRA) has directed Sol Cement in Ghana to settle at least 40 per cent of the company’s outstanding tax debt before it can resume operations. The ...
Zimbabwe issues import licences to meet demand
The Zimbabwean government has issued cement import licences to ensure supply while two of the country’s leading cement producers deal with production issues. According to...
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