Cement demand in Argentina slips 1% in October
Cement consumption in Argentina has decreased by 0.8 per cent YoY and 6.7 per cent MoM to 1,131,593t in October 2022 from 1,140,962t in October 2021, according to the Argentine...
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Umm Al Qura Cement sees net profit slide 54% YoY in 9M22
Saudi Arabia’s Umm Al Qura Cement Company has reported a 15.13 per cent drop in revenue to SAR179.29m (US$47.8m) in the first nine months of 2022. This compares to SAR211.25m...
INSEE Cement extends biodiversity MoU with IUCN
Sri Lanka’s largest cement producer, INSEE Cement , has entered into a Memorandum of Understanding (MoU) with the International Union for Conservation of Nature and Natural Re...
Moroccan cement dispatches down 16% in October
Cement deliveries by APC members in Morocco declined by 16.4 per cent YoY to 1,048,975t in October 2022 from 1,254,798t in October 2021, according to the Moroccan cement associ...
The India Cements Ltd sees 8% advance in revenue
The India Cements Ltd has reported consolidated revenue from operations of INR13,270m (US$161.5m) in the quarter ended 30 September 2022, compared to INR12,340m in the same p...
Carbon Re raises GBP4.2m seed funding to address cement industry carbon emissions
Carbon Re, the Cambridge University and UCL joint spin-out, will accelerate the roll-out of artificial intelligence (AI)-based industrial decarbonisation technology. The comp...
WCA welcomes CHASM Advanced Materials as Associate Corp member
The World Cement Association (WCA) has announced that it is welcoming US-based carbon nanotube materials innovation company CHASM Advanced Materials (CHASM™) as an Associate Co...
Adbri CFO resigns
Theresa Mlikota has resigned as chief financial officer of Adbri . Ms Mlikota, who has been with the company since 2019, will remain in the role until 11 November 2022. “On be...
Colombian cement market expands 2% in September
Cement dispatches in Colombia increased 2.1 per cent YoY to 1.188Mt in September 2022 when compared with September 2021, when 1.164Mt of cement were dispatched, according to th...
Cecon starts trials at new Concepcion plant
Cartes Group-owned Cementos Concepción (Cecon) began trials at its new cement plant in Concepción, Paraguay. It is expected that the trial period will last 2-3 months before ...
Summit Materials net revenue rises to US$686m in 3Q22
Summit Materials ' reported net revenue rose by US$23.8m to US$686m in the 3Q22, up 3.6 per cent on the 3Q21. Adjusted EBITDA declined US$5.4m to US$184.9m over the same peri...
Pakistan cement dispatches fall 19% in October
Cement dispatches in Pakistan fell for the fourth month in a row in October, coming in at 4.25Mt, compared to 5.22Mt in October 2021, down 18.5 per cent. According to the All P...
Lucky Cement's green energy uses will increase in FY23
AKD Research has termed Lucky Cement Pakistan’s largest cement conglomerate. The year 2023 will be a new milestone year for Lucky Cement with its expanded capacity and adhe...
Adani Enterprises posts three-fold rise in revenue
Adani Enterprises Ltd has posted a three-fold rise in revenue in the second quarter of FY22-23. Revenue for the three-month period came in at INR387,150m (US$4694m), compared t...
Fuel and power costs hit profits at JK Lakshmi Cement
India-based JK Lakshmi Cement Ltd has reported consolidated revenue from operations of INR13,735m (US$166.9m) in the quarter ended 30 September 2022. This compares to INR16,5...
The 8th SEMTEC attracts more than 350 industry professionals
The 8th SEMTEC Technical Seminar was successfully held in Belo Horizonte, Brazil, on 25-27 October 2022. More than 350 technicians of the cement and lime industry from 81 diffe...
San Miguel Cement Corp to consolidate its leading position
San Miguel Cement Corp is expected to receive clearance to proceed with its consolidation of Eagle Cement. The Philippine cement producer aims to purchase a 88.5 per cent stake...
Heidelberg Materials grows revenue 13% in 9M22
Heidelberg Materials ’ revenue in the first 9M22 rose significantly by 12.9 per cent in comparison with the previous year to EUR15,802m (9M21: EUR13,996m). Excluding consolid...
Italy’s cement output falls 8% in August
Italy saw cement output decline by eight per cent YoY in August 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index produc...
Cementir Group reports revenue of EUR1248m in 9M22
Cementir’s Group revenue from sales and services in the 9M22 reached EUR1248.2m, up 23.8 per ent compared to EUR1008.3m in 9M21. The increase in revenue is mainly due to pric...
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