BUA Cement records 13% revenue increase in 1H20
Nigeria’s BUA Cement has announced a 12.7 per cent YoY increase in revenue to NGN101.3bn (US$261.07m) in the first half of 2020, with profit after tax also advancing 13.7 per c...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
Earlier news
Newest first
INC reports record July sales
Paraguay-based Industria Nacional de Cemento (INC) has reported a record volume in cement sales at the end of July, reports Agencia de Información Paraguaya. The company sold 1...
GB sales of heavy-side building materials slump in 2Q20
The latest statistics released by the Mineral Products Association (MPA) show that sales of heavy-side building materials, including aggregates, ready-mix concrete (RMC), aspha...
Nuvoco wins the FICCI CSR Award 2018-19 for education
Nuvoco Vistas Corp Ltd has won the Federation of Indian Chambers of Commerce and Industry (FICCI) CSR Award 2018-19 in the Education category for their project ‘Shikshit Sunder...
Colombian cement market contracts 8% in June
Colombian cement dispatches fell 7.6 per cent to 0.905Mt in June 2020 when compared with 0.979Mt in June 2019, according to data provided by the country’s statistical office, D...
Cemex Philippines announces 22% decline in net sales
Cemex Holdings Philippines has announced a 22 per cent decline in consolidated net sales to PHP9.6bn (US$195.6m) for the first half of 2020, while operating EBITDA was also dow...
Sagar Cements sees 23% decline in revenue
India’s Sagar Cements has reported a 23.3 per cent YoY decrease in revenue from operations to INR2.64bn (US$35.19m) in the first quarter of FY20-21, compared with INR3.44bn in ...
Breedon completes asset acquisition from Cemex
Breedon has completed completion the acquisition of certain assets and operations from Cemex, as announced on 8 January 2020. As previously indicated, the Competition and Mar...
Good start to financial year for Pakistani producers
Pakistan's cement industry displayed a robust jump in sales during the first month of the current fiscal year (FY20-21). The significant increase in dispatches also reflected i...
1H20 results show regional impact of coronavirus on cement demand
This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelbe...
Vicat's 1H20 results see consolidated sales of EUR1.3bn
Vicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per ...
Vietnam cement and clinker exports rise 36% in July
Vietnam has exported an estimated 3Mt of cement and clinker with a value of US$117m in July, according to the country’s General Statistics Office. This represents a rise of 35....
Eagle Materials reports record 1Q results
US-based Eagle Materials revenues advance 15 per cent to a record of US$428m in the first quarter of FY20-21 (ended 30 June). Michael Haack, President and CEO, said, “Against...
Taiheiyo Cement Corp orders Aumund equipment for new power plant
Taiheiyo Cement Corp, Japan’s largest cement producer, has started its new biomass and coal power plant in Ofunato. Until now conveying of biomass in Japan has been dominated b...
Tvornica Cementa Kakanj posts net profit surge in 1H
Bosnian cement company Tvornica Cementa Kakanj (TCK) more than doubled its net profit to BAM11.6m (US$7m) in the first half of 2020 from BAM5.3m in the 1H19. The company’s ope...
FCT Combustion to install Turbo-Flex™ burner at Couvrot plant
FCT Combustion has just delivered a new Turbu-Flex™ burner to a client in France! The Turbu-Flex™ will be installed at Ciments Calcia's Couvrot plant in France, after the insta...
State Bank reviews the cement industry’s performance for the period 9MFY20
The State Bank of Pakistan released its 3QFY20 report on ‘The State of Pakistan’s Economy’ on 30 July. According to the report, successful stabilisation measures that had foste...
HeidelbergCement's 1H revenue declines by 10% to EUR8.25bn
HeidelbergCement Group revenues decreased by 10.4 per cent to EUR8.254bn compared to EUR9.212bn in 1H19 and the company posted a loss of EUR3.095bn for the 1H20. In addition t...
LafargeHolcim records net sales of CHF10.7bn in 1H20
LafargeHolcim recorded net sales of CHF10.693bn (US$11.7m), a decline of18.1 per cent compared to the prior year of CHF13.059bn, reflecting the severe impact of the implementat...
Titan Group's 1H20 revenues stable at EUR786m
Titan Group consolidated revenue in the 1H20 amounted to EUR786.3m, remaining largely stable (+0.1 per cent) over the same period the previous year. Group cement and cementitio...
Stay Informed in this ever-changing landscape
Don't miss the latest cement industry updates. Subscribe to International Cement Review today!
