Moroccan demand sees 8% decline in October
Cement deliveries in Morocco fell 7.8 per cent YoY to 1,249,416t in October 2020 from 1,354,775t in October 2019, according to the Ministry of National Land Use, Urbanisation a...
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Taiwan's producers report October results
Taiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 ...
Taiheiyo reports 14% rise in 1H net profit
Japan-based Taiheiyo Cement Corp saw a 3.2 per cent drop in its revenues to JPY420.63bn (US$4bn) in the first half of the FY20-21 from JPY431.39bn in the 1HFY19-20. However, ...
Dalmia Cement sees sales volumes rise 7%
India’s Dalmia Cement (Bharat) Ltd has seen a seven per cent YoY rise in sales volume to 4.8Mt in the second quarter of the FY20-21, on the back of strong rural demand and a pi...
Cemex awarded grant for carbon capture project at Balcones plant
Cemex has been awarded a grant to research and develop carbon capture technology at its Balcones cement plant in Texas, USA. Cemex is partnering with Membrane Technology & Rese...
LafargeHolcim Tanzania launches new pozzolana product
LafargeHolcim Tanzania has launched Lafarge Tembo Pozzi, a new product to substitute fly ash, according to the Tanzania Standard. The country reportedly imports about 40,000tpa...
Trinidad Cement appoints new CEO
Trinidad Cement Ltd (TCL) has appointed Francisco Aguilera Mendoza as its new CEO, effective from 1 December 2020. Mr Mendoza, who was appointed to the board in 2014, currently...
Dangote posts 12% rise in 3Q revenue
Dangote Cement plc reported a revenue of NGN761.4bn (US$1.987bn) in the nine months ended 30 September 2020, representing a 12 per cent YoY rise when compared with 9M19, accor...
LafargeHolcim restarts Pedro Leopoldo kiln lines
After four years, LafargeHolcim has restarted the two kiln lines at its Pedro Leopoldo plant in Brazil. The work to resume the kiln Line 1 involved more than 100 professionals...
Hsing Ta Cement sees 24% rise in October revenue
Taiwan’s Hsing Ta Cement has recorded a 23.6 per cent YoY rise in revenue in October, increasing to TWD789.78m (US$27.73m) from TWD638.73m in October 2019. In the January-Octo...
Bolivian market contracts 33% YoY in August
Cement consumption in Bolivia edged up 7.4 per cent MoM from 231,662t in July 2020 to 248,852t in August 2020, according to the country’s statistics agency, INE. When compared ...
Breedon disposes of 14 assets to Tillicoultry Quarries for GBP12.2m
Breedon Group Plc is pleased to announce that it has agreed the disposal of certain assets to Tillicoultry Quarries Ltd for GBP12.2m on a cash and debt-free basis. The 1...
Lafarge Canada introduces ECOPact to the Canadian market
Following its launch in Europe and the US, Lafarge Canada introduces ECOPact, an essential component of the company's strategy to advance the transition towards low-carbon and...
Chad’s Baoré plant to start up in November
The Baoré cement plant will commence production this month, according to the country’s President, Idriss Déby. The government will also subsidise the price of a bag of cement. ...
Brazil extends its recovery in spite of pandemic
Brazil's cement market has seen a dramatic change in recent years with growth leading to a record production of 72.5Mt in 2014. However, this was followed by the country's bigg...
MBCC Group acquires BASF Construction Chemicals
MBCC Group has emerged from the former BASF Construction Chemicals business after its acquisition by an affiliate of global private equity firm Lone Star (Lone Star) and start...
Birla Corp posts 89% rise in profit
India’s Birla Corp has posted a net profit of INR1.66bn (US$22.35m) for the quarter ending 30 September 2020, up 88.6 per cent YoY over the same period last year. EBITDA rea...
Argentina’s cement market expands 13% in October
Argentina’s cement consumption picked up by 12.7 per cent YoY in October 2020 as it increased to 1,070,118t (October 2019: 948,931t), according to the country’s cement associat...
India Cements sees rise in profit for the 2QFY20-21
India Cements has reported a rise in profit to INR714.3m (US$9.63m) for the second quarter of the FY20-21, compared to INR87.2m in the year-ago period. However, the company’s r...
Republic Cement forecasts recovery for next year
Nabil Francis, president and chief executive officer of Philippine-based Republic Cement, expects the country’s cement market to decline by 15 per cent YoY this year, before bo...
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