Sanghi Cement reports a loss as power costs soar
Sanghi Cement has posted unaudited revenue of INR3391.4m (US$42.67m) in the quarter ended 30 June 2022, up from INR2819m in the same period a year earlier. Compared to a p...
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City Cement posts 26% drop in 2Q sales
Saudi Arabia-based City Cement Co saw a 50.1 per cent drop in net profit after zakat and tax to SAR24.8m US$6.61m) in the second quarter of 2022. In the 2Q21 net profit after...
Southern Province sees 42% fall in 1H net profits
In the first half of 2022, Saudi Arabia-based Southern Province Cement Co reported net profits after zakat and tax of SAR150m, down 41.6 per cent YoY from SAR257m in the 1H21...
Deccan Cements posts fall in revenue for June quarter
India’s Deccan Cements Ltd has reported unaudited revenue of INR1940.16m (US$24.4m) in the quarter ended 30 June 2022, compared to INR2242.36m in the same period a year earli...
Taiwan Cement reports 21% hike in July revenue
Taiwan Cement has posted a revenue of TWD10,102.468m (US$336.3m) in July 2022, ,up 21.4 per cent when compared with TWD8,319.972m, , according to a filing on the Taiwan Stock...
Angarskcement and Krasnoyarsk Cement report on 1H22 shipments
In the opening six months of 2022, Angarskcement produced 346,000t of cement, up 11.7 per cent on the same period a year earlier. A 12 per cent YoY increase in the production...
Sagar Cements to submit acquisition plan for Andhra Cements
Sagar Cements will submit a resolution plan for its acquisition of Andhra Cements before 18 August 2022. According to The BusinessLine, the company hopes to receive the necessa...
Dalmia Bharat Ltd reports revenue of INR33,020m in 1QFY22-23
Dalmia Bharat Ltd reported its consolidated financial results for the quarter ending 30 June 2022 (1QFY2023) with revenue totalling INR33,020m (US$414.8m) compared to INR25,9...
Vietnam's Xuan Than Cement to commission Line 3 in October
Vietnamese cement producer Xuan Than Cement is expected to bring online its third line, with a cement capacity of 4.5Mta, at the end of October, according to local media. Up...
Two Saudi cement firms report declining 1H22 profits
Two cement companies have posted their interim financial results at the Saudi Stock Exchange (Tadawul) for the period ending on 30 June 2022, showing lesser earnings during thi...
Holcim US acquires Basic Construction Company LLC
Holcim US has acquired the sand and gravel operations of Basic Construction Company LLC in New Kent County, Virginia, USA. The deal is expected to significantly expand strategi...
Sustainability at Loesche 2021 report released
Loesche has published its first sustainability report in July 2022. The report refers to the calendar year 2021. It informs about the company's own strategies in the areas o...
thyssenkrupp Industrial Solutions wins Prepol® SC order
thyssenkrupp Industrial Solutions’ Asia Pacific region has won a contract to supply a supply a prepol ® SC combustion chamber for a cement plant in South Korea. The scope o...
Katavksy and Krasnoyarsk Cement announce new equipment and products
A number of Russian cement companies have made announcements regarding new products and equipment. Katavsky Cement , part of the Eurocement Group, has reportedly modernised th...
Hsing Ta Cement posts 13% increase in July revenue
Taiwan-based Hsing Ta Cement Co Ltd reported a 13.3 per cent advance in revenue to TWD557.403m (US$18.5m) in July 2022 from TWD492.134m in July 2021, according to a filing on...
Arabian Cement posts 34% rise in 2Q profit
Saudi cement producer Arabian Cement Co reported a 2Q net profit after zakat and tax of SAR45m (US$12m), up 34.2 per cent from SAR33.5m in the 2Q21. The increase in profit ...
Eagle Cement posts increase in net sales in 1H22
In the first half of 2022, Philippines-based Eagle Cement Corp saw its net sales advance to PHP13,680m (US$246m), compared to PHP11,057m in the same period a year earlier. EB...
Lucky Cement's domestic capacity to rise to 15.3Mta
Lucky Cement Ltd announced its financial results for the 4QFY21-22 (April-June 2022) on 5 August 2022 and held a corporate briefing session at the Pakistan Stock Exchange (PS...
Taiheiyo Cement posts 1Q revenue of JPY177bn
Japanese cement producer Taiheiyo Cement Corp saw a 10.6 per cent increase in group revenue to JPY176.52bn (US$1308.5m) in the 1QFY22-23 when compared with JPY159.61bn in the...
thyssenkrupp wins pyroprocessing orders in India
thyssenKrupp Industrial Solutions India have been awarded contracts by Shree Cement and Hills Cement . The orders comprise the planning, engineering and supply of pyroproce...
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