Construction sector reports Jamaican cement shortage
Members of the construction industry in Jamaica are reporting a cement supply shortage, as the country reaches its peak demand season. According to the Jamaica Observer, a ha...
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FLSmidth receives SBTi validation of its carbon emission targets
FLSmidth has received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction targets. By implementing its MissionZero programme to achiev...
Penna Cement refiles for IPO
India’s Penna Cement Industries has refiled for its initial public offering to raise INR13bn (US$177.5m) through fresh equity shares while its promoters would raise INR2.5bn th...
Egypt's government set to put the brakes on cement production
The Egyptian government has decided to take direct action to curb the excess production in the country's cement sector. In an attempt to ease the flow of cement, the government...
Loma Negra posts 35% revenue surge
Argentina’s Loma Negra has seen its net revenue surge 35.4 per cent YoY to ARS13,175m (US$143m) in the first quarter of 2021, against ARS9734m in the year-ago period, mainly on...
Titan Group records increased 1Q volumes in the US and Greece
Titan's 1Q21 regional results saw strong volume growth in the US, particularly in the Mid-Atlantic region, while the domestic market of Greece also had encouraging results with...
Universal Cement sees 15% rise in revenue
Taiwan’s Universal Cement Co has posted a 14.9 per cent YoY rise in revenue to TWD1.44bn (US$51.51m) in the first quarter of 2021, compared with TWD1.25bn in the year-ago perio...
Asia Cement records 36% increase in revenue
Taiwan’s Asia Cement has recorded a 36.1 per cent YoY increase in revenue to TWD17.88bn (US$639.38m) for the first quarter of 2021, up from TWD13.14bn in the 1Q20. Net profit ...
Birla Corp reports 27% net profit increase
India’s Birla Corp has posted a net profit of INR2.49bn (US$33.87m) in the 4QFY20-21, up 27 per cent YoY from INR1.95bn, as cement sales advanced 24.5 per cent YoY to 4.17Mt. ...
Cemex signs decarbonisation MoU with bp
Cemex will work together on accelerating the progress of its 2050 ambition to deliver net-zero CO 2 concrete globally by teaming up with oil giant bp. The two compa...
Sumitomo Osaka sees 7% climb in net profit
Japan’s Sumitomo Osaka Cement has recorded a 7.3 per cent YoY rise in net profit to JPY11.72bn (US$106.97m) for the year ended March 2021. Sales were down 2.4 per cent YoY to ...
Hsing Ta Cement records 56% rise in revenue
Taiwan’s Hsing Ta Cement has recorded a 55.5 per cent YoY rise in revenue to TWD1.8bn (US$64.76m) in the first quarter of 2021, compared with TWD1.17bn in the year-ago period. ...
Titan Group records revenues of EUR371m in 1Q21
Titan Group's consolidated revenue reached EUR371m, down 3.6 per cent versus the 1Q20, penalised by the weaker US$ and US$-linked currencies, against otherwise solid organic gr...
YTL Cement to consolidate Malaysian cement businesses
YTL Cement (YTL Corp) has signed an agreement to sell its entire cement and RMC operations in Malaysia to its 76.98 per cent subsidiary Malayan Cement for a MYR5.16bn (US$1.25b...
Taiheiyo Cement sees 20% net profit increase
Japan’s Taiheiyo Cement has recorded a 2.3 per cent decline in revenue to JPY863.9bn (US$7.88bn) in the year ending 31 March 2021, compared with JPY884.35bn in the previous yea...
Sinoma-CBMI lifts ball mills into position on SC3 project
Sinoma-CBMI is progressing with the modernisation of the Ciments du Sahel plant in Kirene, Senegal. The third clinker line (SC3) project has recently seen the installa...
OPGC sends fly ash to Star Cement
India-based Odisha Power Generation Corp (OPGC) has begun dispatching fly ash to Star Cement’s plant in Assam, with around 4000t sent from its thermal power station yesterday. ...
Sinoma to expand Lucky Cement's WHR capacity
Pakistan’s Lucky Cement has signed an agreement with Sinoma Energy Conservation for the expansion of its two waste heat recovery (WHR) units in Pezu, Khyber Pakhtunkhwa. The ca...
Titan recycles landfilled fly ash
Separation Technologies (ST), a fully-owned Titan Cement Group US-based subsidiary, has introduced a new process to recycle fly ash from landfills. The recycled fly ash is then...
Chia Hsin Cement posts 10% rise in revenue
Taiwan’s Chia Hsin Cement has posted a 9.9 per cent YoY increase in revenue to TWD544.53m (US$19.47m) in the first quarter of 2021, compared to TWD495.3m in the year-ago period...
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