Lafarge Cement sees record sales in 2020
Despite the coronavirus pandemic in 2020 Czech-based producer Lafarge Cement reported a nine per cent YoY rise in sales to CZK1.55bn (US$72.1m) and pretax profit went up by 60...
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Sinai Cement approves Sinai White Portland Cement exit
Sinai Cement Co approved the sales of its shares in Sinai White Portland Cement Co based on the fair value of Sinai White’s share, according to a filing to the Egyptian Exchang...
Loma Negra to increase L'Amalí output to 4.9Mta
Following the kiln lighting ceremony on Saturday, 18 June, Loma Negra’s expanded L’Amalí plant in Argentina, is set to start production on 26 June. The US$350m project will i...
Cement sales in Puerto Rico up 12% in May
In May 2021 cement sales in Puerto Rico increased 12 per cent YoY to 59,266t, according to the country’s Economic Development Bank. In the first 11 months of the FY21 639,566...
FLSmidth teams up with Carbon8 Systems for net zero emissions
FLSmidth has signed a global commercial partnership with UK-based Carbon8 Systems (C8S) to accelerate the cement industry’s net zero ambitions. Working with the UK’s C8S, FL...
Moody's Investor Service upgrades Votorantim SA and Votorantim Cimentos
Moody’s Investors Service has assigned an investment grade rating on a global scale to the holding company Votorantim SA and its portfolio company Votorantim Cimentos. Moody’s ...
HeidelbergCement links sustainability to performance
This week HeidelbergCement released its 2020 Sustainability Report. In the 109-page document the company highlights the sustainability challenges ahead and its progress in term...
Peru’s cement demand sees 228% hike in May
Peruvian cement producers dispatched 1.062Mt of cement in May 2021, representing a 228 per cent increase YoY from a low base due to the COVID-19 pandemic. When compared with Ma...
Les Ciments de Bizerte reports 7% revenue increase
Tunisia’s Les Ciments de Bizerte has reported a TND421,000 (US$152,235) net loss in the year ended 31 December 2020, against a TND9.4m net loss in the previous year. Revenue al...
Sinai Cement sees net sales rise 34% YoY
Egypt’s Sinai Cement has seen its net loss widen to EGP147.97m (US$9.45m) in the first quarter of 2021, compared to EGP105.8m in the year-ago period. However, net sales incre...
Flying Cement Co slates expansion to complete in 3QFY22
Flying Cement Co Ltd (FCC) announced that its plant expansion in Mangowal, Kushab district of Pakistan's Punjab province is due to come online in the 3QFY22. The cement plant h...
Andusia sees RDF volumes recovering in the UK
Andusia reports that RDF volumes in the UK have started to recover after COVID-19 had restricted its availability. In March 2020 the Environment Agency said that RDF exports...
Huaxin Cement plans US$160m investment in African expansion
Huaxin Cement plans to spend US$160m to purchase cement factories in Zambia and Malawi to expand its presence in Africa, according to a company statement. Huaxin Hainan I...
Spain’s cement market expands 17% in May
Spanish cement consumption increased 16.9 per cent to 1,333,508t in May 2021, according to Oficemen. However, the cement association points out that the rise is from a low base...
Nexe Grupa invests in production capacity
Croatia’s Nexe Grupa reportedly invested HRK115m (US$18.6m) last year to boost the production capacity and energy efficiency of its plants, with further plans for development t...
Argos cement exports to the USA grow by 419%
For Argos, the Grupo Argos cement company, exports have been a key element in the process towards recuperation after the effects generated by COVID-19 and, in the first five m...
Fiscal budget to offer incentives in Bangladesh cement industry
Bangladesh’s National Budget for 2021-22 (July 2021-June 2022) was presented by Minister of Finance, A H M Mustafa Kamal, in Parliament on 3 June. During his speech, the mi...
Padeswood cement plant fire extinguished
At the start of this week, a fire broke out at Hanson's Padeswood cement works (HeidelbergCement group), UK. The plant manager said the fire at the Welsh cement plant has now ...
Iranian cement market expands 28% MoM in May
Iranian cement consumption in May 2021 reached 5.78Mt. This represents a 28.4 per cent MoM increase from 4.5Mt in April 2021. In addition to domestic deliveries, producers ex...
SOBOCE commissions modernised Warnes plant
SOBOCE recommenced operations at its Warnes cement plant in Bolivia on 14 June after a BOB222m (US$32.1m) investment in new equipment. The project included a new VRM-based gr...
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