Umm Al Qura Cement and City Cement see fall in profit
Saudi-Arabia-based Umm Al Qura Cement Co reported net profits of SAR1.44m (US$0.38m), representing a 76.4 per cent drop YoY from SAR6.12m in the third quarter of 2023. Revenu...
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Grupo UNACEM completes Tehachapi acquisition
Grupo UNACEM has successfully completed the acquisition of the 0.9Mta Tehachapi integrated cement plant, located in California, USA. This significant milestone enables the P...
Ambuja Cement reports quadrupling 2Q profit
Ambuja Cements , part of Adani Cement Industries , saw profit quadruple in the 2QFY23-24 to INR6440m (US$77.4m) from INR1390m in the year-ago quarter. The company’s revenue...
India Cements narrows 2Q loss
The India Cements Ltd reported a lower net loss of INR810m (US$9.7m) in the 2QFY23-24 compared with a net loss of INR1380m in the year-ago period. EBITDTA for the 2QFY23-24...
Holcim Romania inaugurates new aggregates plant
Holcim Romania has opened a new EUR3m aggregates plant in Neudorf, Arad province, western Romania. The first deliveries of the new plant have been completed this month, said ...
Pioneer Cement’s profits expand 60% in 1QFY23-24
Pioneer Cement Ltd (PIOC) announced its 1QFY23-24 result on the Pakistan Stock Exchange website, where the company posted a profit after tax (PAT) of PKR933m (US$3.32m) compa...
Crown Cement earns BDT610.34m in FY22-23
For the July 2022-June 2023 financial year, Bangladesh cement producer, Crown Cement earned BDT610.34m (US$5.54m) against the loss of BDT229.27m incurred in FY21-22 (July 202...
CEMEX celebrates UK Technical Apprenticeship Programme
CEMEX UK is celebrating the growth and success of its Technical Apprenticeship Programme, based at the company’s National Technical Centre in Southam, Warwickshire, UK. Fo...
Chattanooga plant celebrates 100-year anniversary
Buzzi Unicem USA’ s Chattanooga plant observed its 100th anniversary with a celebration held at the Chattanooga Convention Center this past weekend. Over 300 current employ...
Kohat Cement Co's profit rises by 25% YoY
Kohat Cement Co Ltd (KOHC) has announced its financial result for 1QFY23-24 at the Pakistan Stock Exchange (PSX) posting a profit after tax (PAT) of PKR2.230bn (US$7.92m) com...
CEMEX refinances US$3bn syndicated credit agreement
CEMEX has successfully refinanced its US$3bn syndicated credit agreement, extending the maturity to 2028. The refinanced credit agreement consists of a US$1bn five-year amort...
Heidelberg Cement earns a net profit of BDT505.10m in 9M23
HeidelbergCement Bangladesh Ltd earned a net profit of BDT505.10m (US$4.58m) in the nine months of January to September 2023 from a loss of BDT241.31m in the same period last...
Caribbean Cement sees 58% rise in 3Q net income
Jamaica’s Caribbean Cement Co , part of the TCL Group , reported revenues of JMD7bn (US$45.4m) in the third quarter of 2023, up 13.4 per cent YoY from JMD6.2bn. Operating e...
Cementarnica Usje sees 9M net profit up 77%
North Macedonia-based Cementarnica Usje , owned by Greek cement producer Titan, reported 77 per cent YoY increase in net profit to MKD1.1bn (US$19m) in the January-September 2...
Flying Cement Co reports 55% rise in 9M net profit
Pakistan-based Flying Cement Co Ltd reported unaudited net sales of PKR1147m in the quarter ended 30 September 2023 (1QFY23-24), up 27.3 per cent when compared with the year-...
Rockfort plant not damaged by earthquake
Caribbean Cement Co Ltd says it Rockfort plant is operating as usual despite the earthquake on 30 October 2023. Carib Cement has denied reports that its King...
Wei Rushan becomes new WCA president
The World Cement Association has appointed Wei Rushan to be president of the association, replacing Founding President, Song Zhiping, on his retirement last week. Mr Wei has be...
UltraTech to raise Indian cement capacity to 182Mta
UltraTech 's Board of Directors at its meeting held today, approved the third phase of growth with an investment of INR130,000m (US$1561m) towards increasing the capacity by ...
Cementos Molins posts revenues of EUR1079m in 9M23
Cementos Molins has announced its financial results for the first three quarters of 2023, achieving revenues of EUR1079m, up 13 per cent compared to same period in 2022. The ...
Bestway Cement posts PKR3.07bn profit in 1QFY23-24
Pakistan Cement producer, Bestway Cement Ltd (BWCL) announced its financial results for the first quarter that ended 30 September 2023, on the Pakistan Stock Exchange (PSX) ...
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