Fauji Cement commissions Nizampur Line 3
Fauji Cement Co Ltd (FCCL) informed the Pakistan Stock Exchange that on 27 October it successfully commissioned the third production line at its existing plant in Kahi Villag...
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Cementos Molins' revenue up 37% YoY in 9M22
Cementos Molins has reported revenue of EUR959m in the opening nine months of 2022, up 37 per cent on the same period a year earlier. According to the company, the increase i...
Lucky Cement reports Pezu expansion on track
Lucky Cement Ltd announced that the company’s 3.15Mt brownfield cement expansion at Pezu remains on track to be commissioning by December 2022. A 34MW solar power project i...
Siam Cement sees sales advance 8% in 3Q22
Thailand-based Siam Cement Group (SCG) has reported sales of THB142,391m (US$3774m) in the third quarter of 2022, up eight per cent from THB131,825m in the same period a year...
Ecocem joins new European Cleantech Scale-up Coalition
Ecocem has joined seven other leading European cleantech companies on 24 October to announce the formation of a new Cleantech Scale-up Coalition to support Europe in becoming...
Yanbu Cement posts 4% rise in profit in 9M22
Saudi Arabia-based Yanbu Cement Co has announced net profit after zakat and tax of SAR156.24m (US$41.6m) in the opening nine months of 2022, up 4.38 per cent on the SAR149.69m...
Spain’s cement price sees record hike
The price of cement in Spain hit a record high as it increased by 18 per cent in September, the highest increase since the historical series started in 2002, according to the c...
Fiona sends Puerto Rican cement sales down
Hurricane Fiona has sent Puerto Rican cement sales in a downward spiral as sales in September 2022 dropped by 21.1 per cent YoY to 986,000 bags of 94lb, or 42,041t, the largest...
Taiheiyo Cement to acquire Denka cement business
Taiheiyo Cement Corp is reportedly acquiring the cement business of Denka Co Ltd in March 2023. Denka has decided to exit the cement sector due to rising production costs. ...
Iranian cement market notes 1% growth
Iran’s cement consumption saw a 1.2 per cent uptick YoY to 5.79Mt in September 2022 from 5.72Mt, according to the Iranian Cement Association. Cement production reached 5.92Mt...
Al Jouf posts 74% fall in profit in 9M22
Saudi Arabia's Al Jouf Cement Company has reported a 35.1 per cent YoY increase in revenue in the third quarter of 2022. Revenue advanced from SAR54.9m in the 3Q21 to SAR74.1...
Wagners forecasts revenue of AUD220m in 1HFY22
Australia-based Wagners Holding Company Ltd has issued a market update for the six-month period to 31 December 2022 (1HFY23). According to the company, the update is based on...
Airvault modernisation underway
The first stone of the Ciments Calcia cement plant modernisation project at Airvault , France, was officially laid on 5 October 2022 in the presence of Jon Morrish, general ...
GCC posts 18% hike in 3Q net profit
GCC reported an 11.8 per cent YoY increase in sales to US$352.8m in the July-September 2022 period from US$315.4m in the year-ago period. EBITDA in the 3Q22 advanced by 6.6 per...
Pakistani producers to expand cement capacities
In a cement sector update, MS Research has stated that four companies in Pakistan are expected to add extra capacity in FY22-23, lifting the current 70Mta of capacity by 11.7Mt...
China Shanshui Cement revenue falls 6.5% in 9M22
China Shanshui Cement Group Ltd has announced consolidated operating revenue of CNY16,494m (US$2285m) in the first nine months of 2022, down 6.5 per cent from CNY17,571m in the...
HeidelbergCement Bangladesh sees rising sales cost in 9M22
HeidelbergCement Bangladesh Ltd, owned by HeidelbergMaterials, announced its financial results for the 9M22 period on 18 October. It posted a loss of BDT241.3m (US$2.3m0 dur...
Aumund supplies second kiln line at Medcem Madencilik
Germany’s Aumund Fördertechnik GmbH is supplying 41 machines for a new kiln line at the Medcem Madencilik cement plant in Silifke in the Turkish province of Mersin. The Aumun...
EUA prices stay low due to recession fears and political uncertainty in the market
By Frank O. Brannvoll, Brannvoll ApS, Denmark European carbon emissions were up eight per cent in the first three quarters of 2022 when compared to 2021. This is based on ...
Eastern Province Cement sees revenue fall 11% YoY in 9M22
Saudi Arabia’s Eastern Province Cement Co (EPCCO) has posted revenue of SAR531m (US$141.6m) in the first nine months of 2022, down 11.3 per cent on the SAR598.5m seen in the ...
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