Mangalam Cement commissions 11MW WHR plant
India’s Mangalam Cement has fully commissioned its 11MW waste heat recovery unit at its plant in Morak, Rajasthan. It had initially put 5.15MW of capacity into operation on 1...
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Taiwan Cement Corp announces 3% revenue decline in July
Taiwan Cement Corp has seen a three per cent YoY decline in revenue for July 2020, falling to TWD10.18bn (US$346m) from TWD10.49bn in July 2019. In the first seven months of 2...
City Cement reports 12% increase in net profit
Saudi Arabia’s City Cement saw a 12.2 per cent rise in net profit to SAR36.2m (US$9.65m) in the second quarter of 2020, compared with SAR32.25m in the corresponding period of l...
Dragon Cement pays US$67,000 for air emission violations
Dragon Products Co LLC (Giant Cement Holding Inc) has agreed to pay US$67,000 for air pollution the violations dating back to 2016, according to a monthly enforcement report fr...
JK Lakshmi sees 13% rise in net profit
India’s JK Lakshmi Cement posted a 12.9 per cent increase in net profit to INR446.4m (US$5.96m) for the 1QFY20-21, compared with INR395.4m last year. However, it noted that sal...
Argos achieves revenues of COP2.1trn in 2Q20
From April to June 2020, Argos, part of Grupo Argos, reported revenues of COP2.1trn (US$553.5m), which represents a contraction of 9.1 per cent compared to the same quarter of ...
SCG sees dip in Vietnam's revenue from sales
Thailand’s Siam Cement Group (SCG) has seen its revenue from sales in Vietnam drop five per cent YoY to VND13.1trn (US$564.6m) in the first half of 2020, according to Vietnam N...
Sumitomo Osaka Cement posts 11% revenue fall
Japan’s Sumitomo Osaka Cement has reported a 11.2 per cent YoY fall in revenue to JPY52.35bn (US$495.7m) in the quarter ending 30 June, against JPY58.92bn in the corresponding ...
Moroccan deliveries drop 24% in July
Cement deliveries in Morocco fell 24.1 per cent YoY to 1,073,755t in July 2020 from 1,415,075t in July 2019, reports the Ministry of Urbanisation and Housing. In the January...
South Valley Cement sees net loss widen 7% in 1Q20
Egypt’s South Valley Cement Co saw its net loss widen seven per cent YoY to EGP41.39m (US$2.59m) in the first quarter of 2020, against an EGP38.45m net loss in the 1Q19. The ...
Caribbean Cement sees 2% increase in revenue
Jamaica’s Caribbean Cement has seen a two per cent YoY increase in revenue to JMD4.8bn (US$32.62m) for the second quarter of 2020. Earnings before tax climbed 55 per cent to ...
Buzzi Unicem's 1H20 cement and clinker sales fall 3%
Buzzi Unicem reports that group cement and clinker sales declined 3.4 per cent in the 1H20. The drop in volumes was concentrated in Italy and eastern Europe, due to the spread ...
US Portland and blended cement deliveries decline 6% in May
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico fell 6.3 per cent YoY to 8.7Mt in May 2020, according to data published by the US ...
Ohorongo Cement sale blocked by competition commission
The Namibian Competition Commission has reportedly blocked the NAD1.5bn (US$86.67m) sale of Schwenk Namibia, which manages and owns 69.8 per cent of Ohorongo Cement, to West Ch...
Ssangyong Cement reports 6% drop in net profit
South Korea’s Ssangyong Cement has reported a six per cent YoY decline in net profit to KRW53.7bn (US$45.1m) in the second quarter of 2020, compared to KRW57.1bn in the year-ag...
Alexandria Portland Cement reports widening net loss in 1H20
Egypt’s Alexandria Portland Cement has announced its net loss widened 26 per cent YoY to EGP212.75m (US$13.29m) in the first half of 2020, up from EGP168.99m in the 1H19. The...
Exports of cement from Pakistan rise during July 20
All Pakistan Cement Manufacturers Association (APCMA) has issued official dispatch data for July 2020, adding that the new fiscal has started well for the cement sector as the ...
LafargeHolcim and IBM join forces to develop ORIS
LafargeHolcim is exploring varied ways of expanding its digital portfolio, not just in cement and its 'Plants of Tomorrow' initiative, but also through its portfolio of build...
FLSmidth's 1H20 revenue slips to DKK3.85bn
In the 2Q20 FLSmidth's revenue amounted to DKK3.846bn (US$608.8m) compared to DKK5.472bn in the 2Q19, down 30 per cent YoY with a 22 per cent decline in mining and a 41 per c...
JK Cement estimates cement sales volumes for 1QFY21
India’s JK Cement has estimated that its grey cement sales dropped 20 per cent YoY during the first quarter of FY20-21, compared to the corresponding period of the previous fis...
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