Cementarnica Usje sees 17% rise in profit
North Macedonia’s Cementarnica Usje has seen a 17 per cent YoY rise in net profit to MKD686.8m (US$13.2m) in the first half of the year, while operating revenue increased 18 pe...
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Lafarge Cement Zimbabwe sees 24% rise in cement volumes
Lafarge Cement Zimbabwe registered a 23.7 per cent increase in cement volumes spurred by growing demand in the period ended May 2021, compared to the prior year. Company ...
Northern Region Cement sees 27% rise in net profit
Saudi Arabia’s Northern Region Cement has seen its net profit rise 26.9 per cent YoY to SAR52.9m (US$14.11m) in the January-July period of 2021, compared with SAR41.65m in the ...
Argentina’s producers enjoy pick-up in domestic and export demand in July
Argentina’s cement consumption increased 20.9 per cent YoY and 8.5 per cent MoM to 1,043,388Mt in July 2021 from 862,675t in July 2020 and from 961,512t in June 2021, according...
Dangote Cement sees 45% rise in revenue
Nigeria’s Dangote Cement has posted a 44.8 per cent YoY rise in group revenue to NGN690.55bn (US$1.676bn) in the first half of 2021, compared to NGN476.85bn in the year-ago per...
Eastern Province Cement records 5% rise in profit
Saudi Arabia’s Eastern Province Cement has announced a five per cent increase in net profit to SAR122m (US$32.53m) in the first half of 2021, against SAR116m in the 1H20. Sales...
Sumitomo Osaka Cement posts 14% rise in profit
Japan’s Sumitomo Osaka Cement has posted a 16.4 per cent YoY decline in profit to JPY43.78bn (US$399.57m) for the quarter ending 30 June 2021, compared to JPY52.35bn in the yea...
Menzel Elektromotoren completes Middle East motor order
Menzel Elektromotoren has built two bespoke slip ring motors to drive the mills in a cement plant in the Middle East. The order required replicas of the original motors to be s...
APCMA expects pick up after dismal start to FY21
All Pakistan Cement Manufacturers' Association (APCMA) released total dispatches data for July 2021, which indicate a market contraction of 19.4 per cent to 3.899Mt in the f...
Buzzi Unicem's net sales rise 6% in 1H21
Buzzi Unicem's net sales in the 1H20 increased 5.8 per cent, standing at EUR1608.7m versus EUR1520.1m in 1H20, while EBITDA improved by 12.3 per cent, advancing from EUR313.9m ...
Colombian market expands 18% in June
Cement consumption in Colombia reached 1.072Mt in June 2021, up 18.4 per cent when compared with 0.905Mt in June 2021 and by 9.5 per cent per cent when compared with 0.979Mt re...
Orient Cement posts 246% YoY rise in profit
India’s Orient Cement has posted a 17 per cent QoQ decline in operating revenue to INR6.9bn (US$92.95m) in the first quarter of FY21-22, compared with INR8.32bn in the previous...
Cemex Ventures helps Carbon Clean raise US$8m for carbon capture projects
Carbon Clean has raised US$8m from new investor Cemex Ventures and existing investors Equinor Ventures, ICOS Capital and WAVE Equity Partners. The capital raise extends Carb...
New northern Pakistan crushing site planned
The Khyber Pakhtunkhwa Provincial government of Pakistan has planned a limestone mining/crushing site at Khanpur for the cement industry. The scheme has been approved...
City Cement sees 31% rise in profit
Saudi Arabia’s City Cement has posted a net profit after tax of SAR49.7m (US$13.25m) in the second quarter of the year, up 30.8 per cent YoY on SAR38m in the year-ago period. ...
Bolivia's cement market expands 125% in May
Bolivian cement demand advanced 125 per cent to 295,026t in May 2021 when compared with the low base of 131,101t in May 2020, according to Bolivia’s statistics office, INE. Whe...
Further price hikes coming for Malaysia's cement industry
Malaysia's cement sector is expected to see further cement price hikes, according to AmBank Research. AmBank Research also projects the average net cement selling price in Pen...
Umm Al Qura Cement sees 17% decline in profit
Saudi Arabia’s Umm Al Qura Cement has seen a 16.8 per cent decline in net profit to SAR49.45m (US$13.19m) in the first half of 2021, compared to SAR59.48m in the year-ago perio...
Cemex joins global alliances on climate change initiatives
Cemex SAB de CV has signed the Business Ambition for 1.5°C commitment, led by the We Mean Business Coalition in partnership with the Science Based Targets initiative (SBTi), an...
Bamburi Cement Ltd changes to Bamburi Cement PLC
Kenya-based Bamburi Cement Ltd has changed its name to Bamburi Cement PLC in compliance with the Companies Act 2015 following shareholders’ approval on 10 June 2021. The name...
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