Algeria exports to Dominican Republic
Algeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has e...
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LafargeHolcim to build first CC facility at Carboneras plant
LafargeHolcim will begin to build the first carbon capture facility at its Carboneras plant in Almería, Spain, at the end of the year. It will use British Carbon Clean technolo...
EAPCC reports net loss for FY19-20
Kenya-based East African Portland Cement Co (EAPCC) has reported a net loss of KES2.77bn (US$25.46m) for the year ending 30 June 2020, an improvement compared to the KES3.36bn ...
Cementos Molins records net profits of EUR62m for 9M20
Cementos Molins has announced its 9M20 results, with net profits reaching EUR62m, 12 per cent less than the same period last year. In comparable terms of exchange rates and ...
Saudi Cement sees revenue advance 25% YoY
Saudi Cement saw its revenue advance 24.7 per cent YoY to SAR387m (US$103m) in the 3Q20, supported by a 19.8 per cent growth in cement volumes to 1.6Mt.Gross profits and operat...
National Cement starts supplying Rwandan market
National Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in ...
Vietnam's export volumes fall 5% in October
Vietnam is estimated to have exported 3.2Mt of cement and clinker worth US$126m in October, down 4.8 per cent in volume and five per cent in value YoY, according to the General...
Al Jouf Cement sees surge in net profit for the 3Q20
Saudi Arabia’s Al Jouf Cement reported a 643.4 per cent YoY surge in net profit to SAR8.22m (US$2.19m) for the third quarter of 2020, compared to SAR1.1m in the corresponding p...
Calcined clays are redefining the cement sector
This week, Cemtech reviewed recent advances in clinker reduction technologies in its latest webinar. A top-quality line-up of leading experts saw Professor Karen Scrivener of E...
LafargeHolcim records 3Q20 net sales of CHF6.46bn
LafargeHolcim recorded 3Q20 net sales of CHF6.455bn (US$7.046bn), down 9.6 per cent on the 3Q19. Recurring EBIT totalled CHF1.45bn in the 3Q20, rising 1.9 per cent YoY. Grou...
GCC reports a 7% decline in net sales
Mexico’s Grupo Cementos de Chihuahua (GCC) reported a 6.8 per cent YoY decline in consolidated net sales to US$281.1m for the third quarter of 2020, compared with US$301.7m in ...
BUA Cement shows 21% surge in revenue
Nigeria’s BUA Cement has shown 21 per cent growth in revenue for the first nine months of 2020, rising to NGN156.55bn (US$412.05m) from NGN129.43bn in the 9M19. Profit after ta...
LafargeHolcim and Carbon Clean to develop large-scale CCUS plant
Carbon Clean announced today that it has signed an agreement in Spain with LafargeHolcim, ECCO2, and Sistemas de Calor to develop a large-scale carbon capture and utilisation ...
Umm Al-Qura Cement announces 37% revenue increase
Saudi Arabia’s Umm Al-Qura Cement has announced a 37 per cent YoY rise in revenue to SAR87.61m (US$23.36m) for the third quarter of 2020, compared to SAR63.96m in the year-ago ...
Fecto Cement records 21% rise in net sales
Pakistan’s Fecto Cement saw its net sales advance 20.5 per cent YoY to PKR1.08bn (US$6.76m) in the third quarter of 2020, against PKR897.7m in the year-ago period. The compan...
Tan Thang Cement orders an ABB control system package
ABB has supported Tan Thang Cement to successfully complete the commissioning of ABB Ability™ digital solutions at a new cement plant in Nghe An province, Vietnam. ABB prov...
Sberbank consolidates 100 per cent shares of Eurocement Group
Sberbank has consolidated 100 per cent of the share in the parent company of Eurocement Group (GFI Investment Ltd). The bank is currently searching for investors interested in...
Cemex sees net sales rise to 3% to US$3.436bn in 3Q20
Cemex SAB de CV has announced its 3Q20 results with net sales increasing by three per cent on a like -for-like (LfL) basis to US$3.436bn, while EBITDA rose by 15 per cent to US...
Summit Materials sees revenue fall 3% in 3Q20
USA-based Summit Materials saw its net revenue decrease 3.1 per cent YoY in the 3Q20 to US$645.2m, compared to US$665.8m in the corresponding period of last year. For the th...
Indonesian cement market contracts in September
Cement demand in Indonesia fell to 6.175Mt in September 2020, according to the Indonesian cement association, ASI. Demand in the key market of Java decreased to 3.37Mt in Sep...
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