Cementarnica Usje sees profit up 20%
North Macedonia's Cementarnica Usje (Titan) has seen a 20 per cent YoY increase in net profit to MKD1.5bn (US$29.3m) for 2020. Operating revenue edged up to MKD5.06bn from MKD5...
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Southern Province Cement reports 32% profit increase
Saudi Arabia’s Southern Province Cement has reported a 31.5 per cent rise in net profit after zakat and tax to SAR609m (US$162.4m) in 2020, compared with SAR463m in the previou...
ABB calls for faster adoption of high-efficiency motors and variable speed drives
ABB has released a white paper " Achieving the Paris Agreement: The Vital Role of High-Efficiency Motors and Drives in Reducing Energy Consumption" that reveals the potential ...
Hanson appoint cement business technical development manager
Hanson UK (HeidelbergCement group) has appointed Michael Wildmore as a technical development manager for their cement business. He joins the company’s technical services team,...
Pakistan cement sales expand 2% in February
Total cement sales in Pakistan edged up two per cent YoY to 4.6Mt in February 2021, showing sharply decelerating market growth when compared with January, when the market expan...
PCA warns US cement consumption will take time to recover
The PCA's Market Intelligence Group announced its February outlook on the economy and cement consumption in the US. It stated that COVID-19 is expected to remain an eleva...
Cahya Mata Sarawak sees gradual increase in cement demand
Malaysia-based Cahya Mata Sarawak Bhd (CMS) can expect an improved financial performance this year, given the anticipated gradual recovery in the demand for building materials...
MPA's Sustainability Report 2020 is released
The Mineral Products Association (MPA) has published its Sustainable Development Report 2020, which covers a range of data from 2019/20 and is aligned with MPA's seven main st...
PCA releases winter US regional cement consumption forecasts
The PCA Market Intelligence Group has released its cement consumption and construction spending forecasts in the USA. Northeast The Northeast has been hit hard by COV...
HeidelbergCement to partner in world's first low-carbon industrial cluster
HeidelbergCement's British subsidiary Hanson UK has become a partner in the HyNet North West consortium, which aims to create the world’s first low-carbon industrial cluster i...
Colombian cement market stable in January
Cement consumption in Colombia slipped 0.3 per cent from 994,700t in January 2020 to 992,200t in January 2021, according to the country’s statistics office, DANE. Output from t...
Puerto Rican cement sales up 41% in January
Puerto Rican cement sales surged 41 per cent YoY to 51,164t in January 2021, according to Sin Comillas. Cement sales in the country have been rising sharply for nine months. In...
Vietnam sees cement and clinker exports rise 16%
Vietnam exported 2.7Mt of cement and clinker worth US$98m in February, up 16.8 per cent and 4.8 per cent YoY, respectively, according to the country’s General Statistics Office...
Caribbean Cement reports 13% increase in revenue
Jamaica's Caribbean Cement Co has reported a 13 per cent YoY increase in revenue to JMD20.1bn (US$132.94m) in 2020. The rise in revenue has been attributed to stronger domestic...
Holcim Philippines sees 43% fall in net profit
Holcim Philippines has reported a 42.5 per cent decline in net profit to PHP2.07bn (US$42.72m) for 2020, alongside a 22.3 per cent YoY fall in sales to PHP26.02bn from PHP33.49...
Semen Indonesia records 4Q20 results earnings of IDR1.25trn
PT Semen Indonesia (SMGR) booked 4Q20 earnings of IDR1.25trn (US$87.5m), up 35 per cent YoY, bringing 2020 earnings to IDR2.8trn, a rise of 17 per cent YoY, helped by lower i...
Lafarge Africa to install baghouse at Ewekoro
Nigeria’s Lafarge Africa has committed US$8m to change its current electrostatic precipitator to a baghouse at its Ewekoro plant. As a result, the company is planning to shut...
Pakistan cement companies show significant profits during 2QFY20
Pakistan’s top cement manufacturers recorded significant profitability with improved margins during the last quarter of 2020. The experts believe this trend is likely to contin...
Loesche to supply a raw material grinding plant to Mannersdorf plant
Loesche received an order to supply a raw material grinding plant to the Lafarge cement plant Mannersdorf at the end of 2020. Lafarge Zementwerke GmbH (LafargeHolcim) in Aus...
Two Indonesian producers expect 3-4% cement volume increase in 2021
PT Semen Indonesia (SMGR ) and Indocement Tunggal Prakarsa (INTP) expect domestic cement volume to grow 3-4 per cent YoY in 2021. This could be achieved through a recovery in ...
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