Yamama sees 9% dip in 1H profits
Yamama Cement Co of Saudi Arabia saw its net profit after zakat and tax decline by 9.2 per cent YoY to SAR120.1m (US$32m) in the 1H22 from SAR 132.55m in the 1H21. Sales ex...
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Cahya Mata Sarawak plans to double its cement capacity
Cahya Mata Sarawak (CMS) is looking at doubling its current cement production at the Bintulu grinding plant as the conglomerate plans to ramp up capacity for construction of ...
Song Lam Cement exports 2.28Mt of cement in 1H22
Vietnam-based Song Lam Cement JSC , part of the Vissai Group , exported 2.28Mt of cement in the first half of 2022, according to local media. The Philippines was the large...
UltraTech Cement decreases CO2 intensity by 9% in FY2021-2022
UltraTech Cement ( Aditya Birla group ) has released its 2021-22 Sustainability Report. The company claims that in FY2021-2022 it decreased its CO 2 intensity by 9.1 per cen...
Advent International partners Cemex and invests in NEORIS
Advent International is partnering with CEMEX to accelerate the growth and development of NEORIS. As a global provider of tech consultancy and digital transformation services...
BUA to expand Kalambaina plant
BUA Cement is reportedly in talks with the International Finance Corporation (IFC) over a loan to expand its integrated cement plant in Kalambaina, Sokoto State, Nigeria. Accor...
Cementos Pacasmayo shows improved 2Q and 1H results
Peru-based Cementos Pacasmayo SAA announced its consolidated results for the second quarter of 2022 and the six months ended 30 June 2022. 2Q22 In the second quarter of 20...
Huaxin increases Chilanga stake
Huaxin Ltd has increased its shareholding in Zambia-based Chilanga Cement from 75 to 81.19 per cent following the purchase of 50,013,468 shares, according to the Times of Zam...
CEMEX Ventures invests in 3D printing company COBOD
CEMEX Ventures (Cemex Group) is investing in COBOD, a global leader in construction-grade 3D printers. CEMEX and COBOD have been working together over the last year to innova...
Lehigh Hanson Inc 'tops-off' the steel section of its Mitchell stack
Lehigh Hanson Inc ( HeidelbergCement ) is pleased to announce the placement of the final section of steel for the stack at its new state-of-the-art Lehigh Cement plant in Mi...
BUA approves dividend and sets 2023 deadline for current expansion projects
BUA Cement Plc shareholders have approved dividends of NGN88.047bn (US$96.3m) for the financial year ended 31 December 2021 at NGN2.60k per ordinary share of 50k each. This a...
Spanish 1H22 cement demand stable, exports down
Cement consumption in Spain remained stable in June, registering a -0.1 per cent slip when compared to June 2021, according to the Spanish cement association, Oficemen. In t...
UltraTech Cement Ltd reports net sales of INR150,070m in 1QFY23
UltraTech Cement Ltd ( Aditya Birla Group ) has announced its financial results for the quarter ended 30 June 2022 with consolidated net sales of INR150,070m (US$1.88bn) vers...
Sika sees sales advance 18% YoY in 1H22
Sika has reported an 18 per cent YoY increase in sales to CHF5250.3m (US$5424m) in the first half of 2022. In local currencies this equates to growth of 19.5 per cent. Operatin...
CEMEX to buy clean energy from Acciona for Spanish operations
CEMEX will purchase clean energy from energy supplier Acciona to power its cement operations in Spain, according to the cement company. The purchase agreement ensures supply ...
Ha Tien Cement's net profit halves to VND160bn
Ha Tien Cement JSC’ s ( Vicem group ) net profit halved YoY in the 1H22 to VND160bn (US$6.8m) due to higher fuel and additive costs. The company says prices of key inputs like...
Nevyansky raises production by 18% in 1H22
Nevyanski Tsementnik , owned by Russia-based Mikhailovsky Combine of Building Materials , produced 436,000t of cement in the first half of 2022, up 18 per cent YoY. CEM I 42....
Dewan Cement appoints new CEO and director
Pakistani cement producer Dewan Cement Ltd informed Pakistan Stock Exchange that Ishtiaq Ahmed and Waseem-ul-Haque Ansari have been appointed as CEO and director of the compa...
2022 conference volume provides latest calcium aluminate cement knowledge
Following the International Conference on Calcium Aluminates 2022, the conference’s proceedings have been published as a 540-page volume, edited by Dr Charles Fentiman and Ram...
Cautious growth forecast for Indonesia
In the first three months of 2022, Indonesia's cement market expanded by 4.8 per cent to 15.594Mt when compared with the equivalent period in 2021, when demand stood at 14.873M...
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