PPC: Zimbabwe cement sector needs support
Zimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity...
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Indian demand decline slows in May
Despite expectations of a significant decline, Indian cement dispatches are estimated to have only fallen by 15-20 per cent in May, compared with an 80-86 per cent drop in the ...
Tajikistan exports 0.5Mt of cement in Jan-May
In the 5M20 Tajikistan produced over 1.5Mt of cement and exported 0.5Mt of this output, according to Avesta. The largest share of exports, 238,300t, was supplied to Uzbekista...
BCMA calls for withdrawal of import tax
The Bangladesh Cement Manufacturers Association (BCMA) has called for the withdrawal of a non-adjustable advance income tax (AIT), which is applied at both the import and suppl...
Planning for 7Mta plant in east Africa continues
Martine Shigela, regional commissioner for Tanga, Tanzania, has confirmed that Sinoma and Hengya Cement have now finalised payment procedures for the residents of Mtimbwani, Mk...
INSEE ramping up output at Galle plant
INSEE Cement will be ramping up production at its Galle cement plant to support the local economy’s fast recovery from the COVID-19 pandemic. The company said in a statement ...
Mangalam Cement sees net sales rise 3% in FY19-20
India’s Mangalam Cement has reported net sales of INR3.04bn (US$39.79m) in the quarter ending 31 March 2020, a 7.9 per cent YoY decline compared to INR3.3bn in the 4QFY18-19. H...
Ghana’s cement producers not benefitting from power relief
Following Ghanaian President Akufo-Addo’s announcement of the introduction of a relief on electricity to support individuals and businesses, cement producers and steel companie...
India Cements denies reports of acquisition
Despite recent reports, India Cements has denied that Radhakishan Damani, owner of Avenue Supermarts Ltd, will be acquiring a controlling interest in the company. Mr Damani c...
JK Cement reports 4Q results and receives approval to raise INR2.5bn
India’s JK Cement has reported a 99.9 per cent decline in net profit to INR2.3m (US$30,194) in the final quarter of FY19-20, compared with INR1.5bn in the year-ago period. Net ...
LafargeHolcim, GE Renewable Energy, COBOD develop wind turbine towers with 3D-printed concrete bases
GE Renewable Energy, COBOD and LafargeHolcim announced today that they will partner to co-develop wind turbines with optimised 3D-printed concrete bases, reaching record height...
YTL Corp records 11% revenue increase
Malaysia’s YTL Corp has reported a 65.6 per cent decline in net profit to MYR29.52m (US$6.9m) in the third quarter ending 31 March, compared to MYR85.79m in the year-ago period...
Hong Leong Asia grows stake in Tasek Corp
Hon Leong Asia’s wholly-owned subsidiary, Ridge Star, has acquired 30,700 shares of Malaysia-based Tasek Corp at a value of around US$57,964, according to The Straits Times. ...
Senegal sees contraction in cement sector
Cement exports from Senegal have fallen by 42.3 per cent MoM in March 2020 while domestic sales slipped by 0.5 per cent, according to ANSD, the national agency for statistics a...
Paraguay’s INC ensures cement supply for public works
Paraguay’s Industria Nacional de Cemento (INC) is guaranteeing the supply of cement to public works during the COVID-19 health emergency, reports the official news agency, Agen...
Aker Solutions signs CO2 capture agreement with Norcem
Aker Solutions and HeidelbergCement-owned Norcem have signed an agreement towards the engineering, procurement and construction of a CO 2 capture, liquification and intermedia...
Hima Cement's Kasese mining right appeal is dismissed
Uganda-based Hima Cement (LafargeHolcim group) has seen its Kasese mining rights stripped from it after the High Court upheld a decision from 2013 to confer them to East Africa...
JSW Cement delays expansion and listing plans
India’s JSW Cement has deferred its expansion plans by around 6-12 months and further delayed its listing on the bourses. The company’s plans would have seen it reach 25Mta of ...
MPA UK Concrete releases framework for net negative emissions roadmap
MPA UK Concrete, the group representing the UK concrete industry, has developed a framework to help inform the delivery of an ambitious roadmap for the UK concrete and cement s...
Peru’s cement demand plummets by 69% in May
Cement consumption in Peru fell by 69.1 per cent YoY to 298,300t in May 2020, according to the country’s cement association, Asocem. Cement production fell by 70 per cent to ...
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