Fauji Cement sees sales up 15% YoY
Pakistan’s Fauji Cement has seen a 378 per cent rise in profit to PKR905.2m (US$5.69m) for the October-December 2020 period, supported by higher retention prices. Sales also ...
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New cement capacity in Punjab planned
Fauji Cement and DG Khan Cement plan new capacity in Punjab, Pakistan. Top industry officials believed that construction activity is picking up, and that there will be a signif...
Fancesa secures US$72m contract
Bolivia-based cement company Fabrica Nacional de Cemento (Fancesa) has been awarded the US$72m contract to supply over 582,000t of cement needed to build Nueva Santa Cruz Ciuda...
Cachapuz Bilanciai Group wins L'Amali order
SLV Cement, Cachapuz's IT Logistics solution for the cement sector will be implemented at the Loma Negra L' Amalí cement plant. This solution has already been implemented in th...
International Energy Day sees Cemex focus on sustainable energy use towards net zero CO2
On International Energy Day (14 February 2021), Cemex UK highlighted its drive to reduce its carbon footprint by promoting the use of renewable and sustainable energy sources a...
Ambuja Cement increases volumes by 7% in 4Q20
LafargeHolcim's Indian subsidiaries, Ambuja Cement and ACC Ltd, reported high sales volumes in the 4Q20. Ambuja Cement's financial performance for the 4Q20 saw volumes grow by ...
Saudi Cement Co sees 9% rise in revenue
Saudi Cement Co has seen its net profit edge up one per cent YoY to SAR456m (US$121.6m) in the full-year 2020 period. The rise in annual net earnings was attributed to improved...
UltraTech Cement Ltd orders nine VRMs from Gebr Pfeiffer
In connection with the realisation of three new clinker production lines, nine vertical roller mills have been ordered by UltraTech Cement Ltd of Mumbai from Gebr Pfeiffer and ...
Wärtsilä wins O&M agreement with Umm Al Qura Cement
Wärtsilä has signed a five-year operation and maintenance (O&M) agreement with the Saudi Arabian cement producer Umm Al Qura Cement Co. It is the third agreement term for the ...
Ambuja Cement and ACC renew Master Supply Agreement
The Board of Directors of ACC and Ambuja Cement (LafargeHolcim group) have renewed their existing Master Supply Agreement for three years. In 2018 both companies entered...
SCG reports 4Q20 profits of THB8048m
SCG reported 4Q20 profit of THB8048m (US$261.8m), a decrease of 17 per cent QoQ. EBITDA fell by four per cent QoQ to THB18,300m, largely from reduced cement building materials ...
Power Cement records surge in revenue
Pakistan’s Power Cement Ltd has seen its revenue surge to PKR6.85bn (US$43.1m) in the first half ended 31 December 2020, compared to PKR1.24bn in the year-ago period. Gross p...
Kazakhstan sees 10.8Mt of production in 2020
Kazakhstan produced 10.8Mt of cement in 2020, rising above the 10Mt mark for the first time since its independency, according to the Kazakhstan Newsline. Caspi Cement exceede...
MPA launches new website
A new website for the UK's mineral products industry has been launched by the Mineral Products Association at www.mineralproducts.org The newly-designed site sets out the ...
Research study claims only 14% of heavy industry is aligned with the Paris Agreement
Research by the Transition Pathway Initiative finds that only 16 of 111 (14 per cent) large publicly-listed industrial companies are aligned with an emissions reduction pathway...
Eurocement's shares put up for auction
Sberbank has put 100 per cent shares of Eurocement up for an electronic auction, including about RUB70bn(US$958m) of debt obligations. Sberbank is looking for a public buyer ...
Vicat announces FY20 sales of EUR2805m
Vicat announced FY20 sales of EUR2805m, up 5.5 per cent from EUR2740m in FY19. EBITDA rose to EUR557m, up by 10.1 per cent LfL and EBIT increased to EUR298m, a rise of 17.5 per...
Atlantic Cement soon to start construction on 1Mta plant
The Autonomous Port of Kribi (PAK) in southern Cameroon has made a 10ha plot available in its industrial zone to Atlantic Group, owned by Ivorian billionaire Kone Dossongui. I...
Chia Hsin Cement Corp sees 19% rise in January revenue
Taiwan’s Chia Hsin Cement Corp has posted an 18.5 per cent YoY rise in revenue to TWD195.48m (US$6.98m) in January 2021. The company reported a revenue of TWD165m in January 2...
Sharjah Cement receives approval to delist
UAE-based Sharjah Cement has received the approval of the Capital Market Authority (CMA) to voluntarily delist from Boursa Kuwait. On 30 April 2020, the ordinary general meet...
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