Vicat reports 15% YoY surge in sales for 1Q21
Vicat Group’s consolidated sales in the first quarter of 2021 reached EUR707m from EUR615m in the 1Q20, up 14.9 per cent on a reported basis and 22.1 per cent at constant scope...
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Cementir sees 49% rise in EBITDA for 1Q21
Cementir Holding has reported a 12.6 per cent YoY increase in group revenue to EUR300.5m for the first quarter of 2021, compared to EUR266.9m in the 1Q20. EBITDA rose 49.4 pe...
Martin Marietta reports record adjusted EBITDA
USA-based Martin Marietta Materials reported a 0.3 per cent increase in cement shipments for the first quarter ended 31 March 2021, despite the winter storm that shut down the ...
Gallantt Industry orders ready2grind plant
Gallantt Industry has ordered the first ready2grind plant for the Indian subcontinent from Gebr Pfeiffer, which will be installed at its Gorakhpur factory in Uttar Pradesh, Ind...
Solidia Technologies names new CEO
Solidia Technologies has announced a US$78m funding round and named Bryan Kalbfleisch as its new chief executive officer. The company noted that the funding round attracted a...
US Portland and blended cement shipments fall 11% in February
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico in February 2021 fell by 11 per cent YoY to an estimated 5.7Mt, according to the la...
Pakistan's cement industry sees monthly growth of 40%
Pakistan’s cement industry registered strong growth of 40.4 per cent in April 2021, when total cement dispatches reached 4.943Mt versus 3.52Mt during the same month of the prev...
FLSmidth sees order intake rise 6% QoQ
FLSmidth has seen its order intake increase for the third consecutive quarter in January-March 2021, rising six per cent QoQ, but the organic order intake decreased 19 per cent...
YTL Cement completes divestment of China subsidiary
YTL Cement (Hong Kong), a subsidiary of YTL Corp Bhd, has finalised the disposal of its 100 per cent equity interest in Zhejiang Hangzhou Dama Cement Co Ltd (Dama Cement), acco...
LafargeHolcim makes Greek acquisitions
Greece-based Heracles Group (LafargeHolcim) has signed an agreement with HeidelbergCement’s Halyps subsidiary, which will see Heracles acquire its aggregates business and two r...
CSN reports stable quarterly cement performance
Brazil-based cement producer CSN said 1Q21 net revenue for its cement division reached BRL277m (US$50.9m). The company said this was a “stable performance compared to the previ...
SCG's 1Q21 cement and building products revenue up 15% QoQ
Thailand-based Siam Cement Group has seen revenue from its cement and building products business reach THB46,185m in the 1Q21, an increase of 15 per cent compared to the previo...
Fitch revises Votorantim Cimentos' outlook to stable
Fitch Ratings has affirmed Votorantim Cimentos SA's (VCSA) Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB-' and revised the rating outlook to ‘stable’ fro...
Hoffmann Green Cement Technologies signs Swiss contract
France-based Hoffmann Green Cement Technologies announced the signing of its first international contract with a Swiss player, the Maulini Construction Group. From 2021, Hoff...
Votorantim Cimentos commences McInnis Cement integration
Votorantim Cimentos, the seventh largest cement producer in the world, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, have announced ...
Republic Cement expects domestic demand recovery
Republic Cement of the Philippines has said the domestic cement industry is on course to return to pre-pandemic levels this year as home builders support sales, amid lower dema...
Oman Cement puts US$250m project on hold
Oman Cement Co has reportedly put its US$250m Duqm plant project on hold, pending confirmation of fuel availability. "The company's decision to set up a new cement plant at D...
NCL Industries receives approval for 110tph project
India’s NCL Industries has received board approval to set up a 110tph cement grinding and packing facility at its third line in Mattapalli, Telangana. The project represents ...
LafargeHolcim reaches settlement with NY state
LafargeHolcim has reached a settlement after resolving alleged environmental violations at its Ravena cement plant in New York, USA. The company will therefore pay an US$850,0...
PPC sells lime operations to Kgatelopele Lime
South Africa’s PPC has announced the sale of its lime operations to Kgatelopele Lime for ZAR515m (US$35.5m). The net proceeds from the divestment are part of PPC’s capital rest...
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