Votorantim Cimentos records sales volume growth of 31% in 2Q21
Votorantim Cimentos’ sales volume rose to 9.8Mt in 2Q21 compared to 7.5Mt in 2Q20, a growth of 31 per cent. Strong sales were recorded on all countries of the company’s operati...
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Siam Cement records 83% increase in net profit
Thailand’s Siam Cement has seen an 83 per cent increase in net profit to THB17.14bn (US$512.4m) in the second quarter of 2021, supported by its chemical and packaging businesse...
Asia Cement posts 7% rise in revenue
Taiwan’s Asia Cement has recorded a 6.7 per cent YoY rise in revenue to TWD22.08bn (US$792.89m) in the second quarter of the year, compared to TWD20.69bn in the year-ago period...
Shree Cement sees 79% net profit increase
India’s Shree Cement has reported a 46.6 per cent rise in gross revenue from operations to INR44.01bn (US$591.47m) for the first quarter of the FY21-22, compared to INR30bn in ...
Geocycle India increases waste management performance
Geocycle India, the waste-management arm of ACC Ltd and Ambuja Cements (Holcim group) has so far co-processed 2Mt of waste and achieved a thermal substitution rate (TSR) of six...
Semen Indonesia Group sees 1H EBITDA up 2%
Semen Indonesia Group (SIG) reported a 1.2 per cent uptick in revenue to IDR16.213bn (US$1.13m) in the 1H21 from IDR16.026bn in the 1H20. The increase in revenue was mainly due...
Lucky Cement reports consolidated earnings of PKR28.2bn for FY21
Pakistan-based Lucky Cement Ltd reported a consolidated profit after tax of PKR28.23bn (US$172.46m) against PKR 7.1317bn in the previous fiscal year. The company achieved a co...
Taiheiyo Cement announces 101% rise in net profit
Japan’s Taiheiyo Cement has posted a revenue of JPY159.6bn (US$1.44bn) in the quarter ending 30 June 2021, down 20.4 per cent on JPY200.56bn in the same period of the previous ...
Saudi Cement sees 14% rise in profit
Saudi Cement Co has posted a 14.1 per cent YoY rise in net profit to SAR86.4m (US$23.04m) in the quarter ending 30 June 2021, compared to SAR75.7m in the year-ago period. Rev...
Cross Carbon Ventures targets carbon capture in heavy industries
Svante Inc, Cross River Infrastructure Partners LLC and OTS Ltd, have entered into a commercial Memorandum of Understanding (MoU) that establishes Cross Carbon Ventures (CCV),...
Buying House Cement could fill Jamaican cement shortages
Jamaica's Government is being asked to consider alternative cement suppliers to Caribbean Cement (Cemex group) becaue of recent shortages on the island, which CemNet first re...
Ghacem plans construction of new 1.5Mta plant
Ghacem is preparing to begin construction for a new 1.5Mta plant in Kumasi, Ashanti region, which will serve the region and its surrounding areas. The MD of the Ghana-based c...
Chile’s cement market expands 67% YoY in June 2021
Chilean cement consumption advanced 66.7 per cent YoY in June 2021 to 355,851t when compared with the 233,186t reported in June 2020 and by 21.9 per cent when compared with Jun...
Lucky Cement posts 19% decrease in revenue
Taiwan’s Lucky Cement has posted a 19.1 per cent YoY decline in revenue to TWD310.86m (US$11.17m) in July 2021, compared to TWD384.04m in the same month of the previous year. ...
India's government urged to reopen cement works
India’s Union government has been urged by a Telangana state minister to revive Adilabad's Cement Corp of India (CCI) plant in the state. In a letter to Heavy Industries Minist...
Burglengenfeld to use FCT Turbu-Flex burner
In June FCT Combustion delivered a Turbu-Flex™ burner to HeidelbergCement’s Burglengenfeld plant in Germany. The Turbu-Flex™ burner is designed to fire very high levels of alte...
Orient Cement features in The Economic Times' Iconic Brands 2021
Orient Cement, one of India’s leading cement manufacturers and home to brands Birla.A1 Premium Cement and Birla.A1 StrongCrete, has featured in the fourth edition of The Econo...
Industry majors see success in the 1H21
This week we are taking a look at the first-half results of the cement industry majors, which have all seen a strong overall performance during the course of the year to date. ...
Birla Corp consolidated net profit rises to INR1420m in FY1Q21
Birla Corp Ltd has reported a consolidated net profit of INR1425.1m (US$19.08m) in the 1QFY21-22 ended June 2021, which is 115 per cent higher over the corresponding quarter o...
Cemex to expand capacity at its Rockfort plant by 30%
Cemex plans to upgrade and increase the production capacity by 30 per cent of its Rockfort cement plant in Jamaica. This planned increase would strengthen the self-sufficiency ...
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