Prism Johnson reports 274% drop in profit
India’s Prism Johnson has reported consolidated net sales of INR16,663m (US$203.7m) in the September 2022 quarter, up 10.19 per cent from INR15,095m in the same period a year...
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TITAN updates its 2030 greenhouse gas emission reduction targets
TITAN Group has updated 2030 greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) as consistent with the level...
Mannock receives Volvo tipper trucks
Mannok ’s Fleet Replenishment Programme has reached another milestone with the delivery of three new, custom-built 58t mountain tipper trucks, which will increase productivit...
Birla Corporation announces new MD and CEO
Birla Corp Ltd (BCL) has announced the resignation of its managing director and chief executive officer, Shri Arvind Pathak. Mr Pathak, who is leaving the company for persona...
Energy complex falls on slower economies and EU stock refill
By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report, the energy complex is falling as higher yields slow economies and EU purchases have slow...
Argos records sales of COP8.5trn during the 3Q22
Argos ( Grupo Argos ) has reported the highest levels of sales and EBITDA in its history, with figures of COP8.5trn (US$302.6m) and COP1.5trn, and increases of 20.7 and 4.3 ...
Titan records consolidated sales of EUR1662m in 9M22
Titan Group's consolidated sales for the first nine months of 2022 reached EUR1661.8m posting a 31.6 per cent increase. Energy costs have seen their highest levels during the...
Birla Corporation profits hit by production costs in 2QFY22-23
Even with a double-digit increase in cement sales by volume, Birla Corp Ltd ’s September 2022 quarter (2QFY22-23) profitability was hit by a sharp increase in power and fuel c...
Nuvoco Vistas reports INR1300m loss in 2QFY22
Nuvoco Vistas Corp reported a INR1300m (US$15.99m) consolidated loss for the July-September quarter (2QFY22-23). The company had reported a loss of INR260m in the correspondi...
Loma Negra reports 4% revenue growth in 3Q22
Argentina-based Loma Negra has posted a 4.2 per cent YoY rise in revenue to ARS33,942m (US$212m) in the 3Q22. This is mainly attributed to an increase in cement sales along w...
Orient Cement Ltd reports loss as costs escalate
Orient Cement Ltd has posted revenue from operations of INR6152m (US$75.5m) in the quarter ended 30 September 2022. This is down from INR7139m in the previous year but up fro...
Ramco Cements' profits hit by rising production costs
Ramco Cements Ltd has reported unaudited standalone revenue of INR17,932m (US$220m) in the quarter ended 30 September 2022. This compares with INR17,793m in the previous quar...
Anjani Portland Cement sees revenue slip and profits tumble
India's Anjani Portland Cement Ltd has reported standalone revenue from operations of INR1068m (US$13.05m) in the quarter ended 30 September 2022, compared to INR1047m in the...
Buzzi Unicem records net sales of EUR3bn in 9M22
Buzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine ...
Swiss market contracts 3% in 3Q22
Cement deliveries in Switzerland, including Liechtenstein, declined by 2.6 per cent to 1,080,399t in the third quarter of 2022 from 1,108,772t in the 3Q21, according to the Swi...
Maple Leaf Cement begins Line 4 production
Maple Leaf Cement Factory Ltd (MLCF) has informed Pakistan Stock Exchange (PSX) that an additional dry process clinker production line of 7000tpd grey clinker, a brownfield e...
CIC-Market Solutions revises up Heidelberg Materials
CIC-Market Solutions has softened its negative scenario post 2022 for Heidelberg Materials . It has raised its 2023 EBITDA projection to EUR3537m (down EUR128m versus 2022E), ...
Udaipur Cement Works orders new VRM
Udaipur Cement Works Ltd ( JK Lakshmi Cement group ) has ordered a Gebr Pfeiffer MVR vertical mill for grinding blended cement with a capacity of 350tph at a target fineness ...
Arabian Cement Co amends solar power contract
Arabian Cement Co (ACC) has announced the signing of an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish a Solar Photovoltaic (PV) plant at its Su...
Vicat posts 16% increase in 9M consolidated revenue
Vicat posted a 15.7 per cent YoY increase to EUR2697m (US$2691m) in consolidated revenue at constant scope and exchange rates in the January-September 2022 period. On a repor...
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