Ciments de Bizerte sees 21% drop in 2Q sales revenue
Tunisia-based Société Les Ciments de Bizerte reported a 20.9 per cent fall in total sales to TND24,494,717 (US$7.011m) in the second quarter of 2023 from TND30,961,761 in the...
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Lucky Cement awarded 20th annual environment excellence award 2023
Lucky Cement Ltd received the environment excellence award at the 20th Annual Environment Excellence Awards 2023, organised by The National Forum of Environment and Health (...
Argos reports a 26% EBITDA growth in 1H23
Argos (Group Argos) had a solid operating period in the 1H23 recording an EBITDA of US$278m, an increase of 26 per cent and a sales rise of eight per cent or US$1.5bn. Dur...
Argentina’s cement market contracts 7% in July
Cement demand in Argentina declined by 6.9 per cent to 1,067,680t in July 2023 when compared with July 2022, when demand reached 1,146,900t, according to the country’s cement a...
Bestway Cement earns a rising profit of PKR11.89bn in FY22-23
Bestway Cement in Pakistan has earned a rising profit of PKR11.89bn (US$41.39m) for the FY22-23 (July 2022-June 2023) against a net profit of PRK10.23bn reported in the same ...
CEMEX signs waste agreement in Dominican Republic
CEMEX ’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solution...
Burnpur Cement profits hit by higher costs
India-based Burnpur Cement Ltd has reported total income from operations of INR497.2m (US$6m) in the quarter ended 30 June 2023. This compares to INR469.7m in the previous quar...
EcoPact range gains EPD status
Aggregate Industries ( Holcim ) has further invested in its sustainability commitments by obtaining Environmental Product Declarations (EPD) for its range of concrete solutio...
Chilean cement demand sees 15% drop in June
Cement demand in Chile (excluding imports) decreased by 14.6 per cent YoY to 254,120t in June 2023 from 297,514t in June 2022, reports the Chilean construction chamber, CChC. ...
Brazilian cement demand slips in July
Cement sales in Brazil decreased by 0.5 per cent YoY to 5.476Mt in July 2023 from 5.503Mt in the year-ago period, according to the national cement association, SNIC. While th...
Mangalam Cement reports fall in revenue
Mangalam Cement Ltd , part of BK Birla Group, has reported revenue from operations of INR4205.3m (US$50.8m) in the quarter ended 30 June 2023. This compares to INR4593.3m in t...
Colombian cement dispatches decline 8% in June
Colombia cement dispatches were down 7.5 per cent to 1.033Mt in June 2023 when compared with 1.117Mt in June 2022, according to the country’s statistics agency, DANE. Output ...
Lucky Cement earned a net profit of PKR13.7bn in FY22-23
Lucky Cement earned an after-tax profit of PKR13.7bn (US$47,687m) in FY22-23 as compared to PKR15.3bn reported last year, mainly on account of higher tax charges because of t...
Ecocem to build limestone filler plant in Dunkirk
Ecocem France and Carrières du Boulonnais (CB Green group) have created a joint venture to build a filler grinding unit. The new plant will produce 600,000tpa of lime...
Construction in Great Britain contines to decline, warns MPA
New figures from the Mineral Products Association (MPA) provide more concrete evidence of the slowdown in Britain’s construction industry. The latest quarterly survey from the ...
Mining sector dominates FLSmidth 1Q23 results
FLSmidth has reported group revenue of DKK6016m (US$886.6m) in the first quarter of 2023, up 27.8 per cent from the DKK4706m recorded in the 1Q22. Group EBITA over the same per...
Forex shortage leads to cement scarcity in Malawi
Malawi’s Minister of Finance and Economic Planning, Sosten Gwengwe, has attributed the scarcity of cement in the country to a shortage of foreign currency. He was responding to...
Vanderbijlpark Slagment achieves 1.75m hours LTI
Leading construction material supplier, AfriSam celebrated a significant milestone at the company’s Vanderbijlpark Slagment Operation in South Africa when it achieved 1.75m L...
Lafarge Jordan launches Shamel eco cement
Holcim Ltd subsidiary Lafarge Jordan Cement has introduced Shamel, an environmentally friendly cement as part of the company’s sustainability drive. In a statement, Lafar...
Buzzi SpA sees 1H23 volumes decline in Europe
Buzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in...
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