Nigerian cement volumes climb to record levels for Dangote in 1Q21
Dangote Cement's Nigerian operations sold over 4.9Mt, including exports, up 22.2 per cent on the 4Mt sold in 1Q20. This represents the highest quarterly volume sold from the co...
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Iran produced 68.3Mt of cement in 2020
Iranian cement plants produced 68.3Mt of cement in 2020, according to the Cement Industry Employers’ Association. This represents a capacity utilisation rate of 78.5 per cent. ...
Polish cement association highlights challenges ahead
From 2021 Poland’s cement industry is facing new challenges as it embarks on a three decade-long transformation towards climate neutrality by 2050, according to the Polish Ceme...
Cemex Panamá to produce low-carbon general-purpose cement
Cemex Panamá announced it will be producing its first low-carbon cement as part of its Cementos Vertua general-purpose cement product range. Cementos Vertua’s CO 2 emissions...
Dangote Cement records robust EBITDA growth in 1Q21
Dangote Cement Plc announced group revenues of NGN332.7bn (US$874.4m) in the 1Q21, up 33.5 per cent. Group EBITDA rose by 55.8 per cent to NGN178bn, while Pan-African EBITDA re...
Carbon pricing to drive down emissions
As the USA effectively doubles its target for carbon emissions reduction by 2030 and more countries pledge to carbon neutrality by 2050, we take a look at how carbon pricing is...
Cemex records 1Q21 net sales of US$3.4bn
Cemex has announced its 1Q21 results with EBITDA growing on a YoY basis in all regions. Consolidated net sales increased nine per cent to US$3.4bn. Operating EBITDA improved ...
Ambuja Cements has posted a 30% rise in net sales
India’s Ambuja Cements (LafargeHolcim) has posted a 29.7 per cent YoY rise in net sales to INR35.79bn (US$483.19m) for the January-March 2021 quarter, compared to INR27.6bn in ...
FLSmidth to upgrade Arabian Cement's Rabigh plant in 4Q21
FLSmidth is to deliver a large efficiency upgrade at Arabian Cement Co’s site in Rabigh, Saudi Arabia. The order includes new DDX top cyclones, a quenching chamber and an ABC™...
Dalmia Bharat sees surge in consolidated profit
India’s Dalmia Bharat has reported a surge in consolidated profit to INR6.4bn (US$86.45m) for the final quarter of the FY20-21, compared to INR240m in the year-ago period, on t...
Kazakhstan develops new cement regulations
Kazakhstan’s Ministry of Trade and Integration has met with the country’s cement and concrete association, QazCem, to discuss the illegal circulation of counterfeit cement. "...
Lucky Cement announces record profits
Pakistan’s Lucky Cement has reported a record consolidated profit after tax of PKR22.15bn (US$144.39m) in the first nine months of the FY20-21. The company’s net profit surged ...
Shree Digvijay Cement posts 8% rise in income
India’s Shree Digvijay Cement Co has announced a total income of INR5.09bn (US$68.8m) in the full-year period ended 31 March, up 7.9 per cent YoY from INR4.72bn. Net profit dec...
PT Indocement Tunggal Prakarsa sells 4Mt of cement in 1Q21
The 1Q21 cement sales of PT Indocement Tunggal Prakarsa Tbk have seen a pick up. Indocement Director and Corporate Secretary, Antonius Marcos, said that in March 2021, the com...
Northern Cement posts 89% rise in profit
Jordan’s Northern Cement has announced an 88.8 per cent rise in profit to JOD1.8m (US$2.54m) in the first quarter of 2021, compared to JOD953,243 in the year-ago period. Sale...
Thal Ltd plans bag plant in Hub in Balochistan
Thal Ltd, a subsidiary of House of Habib and paper bag manufacturer to a range of industries including Pakistan's cement companies, is setting up a plant to manufacture polypr...
CRH releases 1Q21 trading update
CRH has released a trading update ahead of its annual general meeting, which takes place tomorrow. The company has seen sales rise three per cent on a like-for-like basis in th...
GCC reports 9% increase in EBITDA
Mexico’s GCC has seen its consolidated net sales for the first quarter of 2021 decrease by 1.5 per cent to US$178.8m from US$181.4m in the 1Q20. This was primarily due to lower...
Philippines' DTI to begin anti-dumping investigation into Vietnamese imports
The Philippines’ Department of Trade and Industry is expected to begin investigating allegations of cement dumping from Vietnam, following applications by three local manufactu...
Swiss cement industry targets carbon neutrality by 2050
The Swiss cement industry aims to become climate neutral by 2050. To achieve this, the Swiss cement association, Cemsuisse, has published its “Roadmap 2050: Klimaneutraler Zeme...
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