Vietnamese exports surge while domestic sales fall in June
Cement sales in Vietnam fell by eight per cent in June 2020 when compared to June 2019, according to the Vietnam National Cement Association (VNCA). Shipments reached 5,215,388...
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Arkan Building Materials sees profits decline to AED2.1m in 1H20
Arkan Building Materials reported 1H20 profits declining to AED2.1m (US$571,818) as construction activity became disrupted in UAE due to the pandemic. Last year the company rep...
Dangote to test US$90 power plant for Mtwara cement factory
Dangote Cement will test run a new US$90m gas-fired power plant in Mtwara, Tanzania, later this month. The plant has been delayed with the outbreak of COVID-19, but it will sup...
China's cement imports surge in May
The imports of cement into China soared in May to 4Mt, twice the level seen at the start of the year as the housing market rebounded and infrastructure spending showed strong g...
Lucky Cement sees 23% increase in July revenue
Taiwan’s Lucky Cement has seen its revenue climb 22.6 per cent YoY to TWD384m (US$13.05m) in July 2020, against TWD313.2m last year. In the January-July period, revenue advanc...
Bangladesh's raw material imports decline 13%
The value of raw material imports for Bangladesh’s cement industry fell almost 13 per cent YoY to BDT64.81bn (US$764.1m) in the FY19-20, on the back of a stagnation in construc...
Hsing Ta Cement records 10% rise in revenue for July
Taiwan’s Hsing Ta Cement saw a 9.8 per cent YoY increase in revenue to TWD656.18m (US$22.3m) in July 2020, compared with TWD597.88m in the year-ago period. In the first seven ...
ENCI's Maastricht plant to close at the end of August
The ENCI (HeidelbergCement) cement works in Maastricht, The Netherlands, is due to shut down at the end of this month, according to Dutch News. Limestone quarrying stopped i...
VDZ to move to new premises
For more than 60 years, Germany's cement association Verein Deutscher Zementwerke eV (VDZ)'s research institute in Düsseldorf has been the home and focal point not only for man...
Birla Corp to expand Durgapur grinding unit
India's Birla Corp, owned by MP Birla Group plans to expand the existing capacity of its grinding plant at West Bengal’s Durgapur by installing an INR725.7m (US$9.69m) cement g...
East African Portland Cement meets distributors amidst falling demand
The East African Portland Cement Company (EAPCC) of Kenya is enhancing dealer and distributor incentives to push cement sales during the pandemic. CEO, Stephen Nthei, met with...
Southern Province Cement reports 48% surge in net profit
Saudi Arabia’s Southern Province Cement Co reported a 48.4 per cent surge in net profit to SAR135m (US$36m) in the 2Q20, against SAR91m in the second quarter of 2019. Sales al...
Gabon sees 2% drop in 1Q cement production
The first three months of 2020 saw cement production in Gabon fall by 1.7 per cent YoY to 109,954t, according to Gabon’s General Directorate for the Economy and Fiscal Policy. ...
Qassim Cement sees 21% rise in net profit
Saudi Arabia’s Qassim Cement saw a net profit of SAR85.5m (US$22.8m) in the second quarter of 2020, up 21.3 per cent YoY compared to SAR70.5m in the year-ago period. Sales al...
Cement export from Bangladesh begins in July
Bangladesh's cement industry has earned export revenue of US$0.53m in July 2020, the first month of FY20-21, compared to US$0.66m bagged in July 2019. The weak start at the beg...
Argos launches ECO Multiproposito in Honduras
Colombian cement producer Argos has launched its ECO Multiproposito cement in Honduras. The product is a general-purpose cement that thanks to sustainable production processe...
Nigeria in focus
Nigeria, Africa's biggest cement market, is still pushing the bar in terms of profits for cement companies at a time when other countries are struggling to overcome the financi...
Dalmia Bharat posts 24% YoY increase in net profit
India’s Dalmia Bharat has reported a 23.7 per cent YoY rise in consolidated net profit to INR1.88bn (US$25.08m) for the quarter ending June 2020, compared with 1.52bn in the ye...
South Africa needs to overcome alternative fuel challenges
South Africa still has barriers it needs to overcome to make alternative fuels more accessible for cement producers. While Natal Portland Cement (InterCement group) has redesi...
Argentina reports 14% demand drop in July
In July 2020 Argentina’s cement market contracted by 13.5 per cent YoY to 865,869t but expanded by 8.5 per cent MoM, according to the country’s cement association, AFCP. The ma...
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