Indonesian cement market contracts 38% in May
Demand for cement in Indonesia declined 38.3 per cent in May 2020 to 3,207,114t, according to the Indonesia Cement Association (ASI). In May 2019 domestic consumption reached 5...
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South Korean producers sign agreeement to reduce NOx emissions
South Korea’s nine cement producers have agreed to work with the Ministry of Environment to lower NO x emissions, according to The Korea Times. Representatives of companies in...
Steppe Cement records net profit of US$9.7m in 2019
Steppe Cement has released its annual results for 2019 and records a net profit of US$9.7m. EBITDA increased to US$23.9m from US$21.4m in 2018 aided by higher prices. The Kaza...
Semen Indonesia Group sees 37% fall in May sales
Semen Indonesia Group (SIG) reported a 36.7 per cent drop in sales to 2,114,125t in May 2020 when compared with 3,338,768t in May 2019. Of this total Semen Indonesia, includi...
New Zealand's concrete sector on track for CO2 reduction target
Concrete New Zealand has reported that a sustainability study by Australia-based independent consultants Thinkstep has confirmed that New Zealand's cement and concrete industry...
Raysut Cement posts loss in 1Q20
Oman’s Raysut Cement has posted an OMR4m (US$10.4m) loss after tax in the first quarter of 2020, compared to an OMR242,951 profit in the corresponding period of last year, acco...
Qena Cement's 1Q20 cement sales surge to EGP47m
Qena Cement reports net profits surged to EGP47m (US$2.9m) in the 1Q20, compared to EGP12m for the same period of the preceding year. Standalone net sales revenues grew by 5.5 ...
Cement sales in Puerto Rico up 2% in May
Puerto Rican cement sales increased 2.1 per cent YoY to 52,824t – the first increase since October and the highest level in seven months, according to the country’s Statistics ...
Taiwan's cement producers see mixed results in May
Taiwan Cement Corp has reported a 5.7 per cent YoY fall in revenue to TWD10.29bn (US$347.6m) for May 2020, compared with TWD10.9bn in the same month last year. In the first fiv...
Cementos Cosmos to burn tyres at Toral de los Vados
The Toral de los Vados cement works, operated by Cementos Cosmos, will be able to use waste tyres as alternative fuel following the granting of an Integrated Environmental Auth...
BCMA calls for 60% cut in duties on clinker imports
The Bangladesh Cement Manufacturers' Association (BCMA) has issued a call for the government to cut import duties of clinker by 60 per cent. "We had zero sales during the coun...
Start-up of Fancesa project postponed to 1Q21
The coronavirus pandemic has seen a readjustment of the work schedule of the new plant being built in Sucre, Bolivia, by Fancesa as COVID-19 forced a 70-day quarantine upon the...
Hsing Ta Cement sees 12% fall in revenue for May
Taiwan’s Hsing Ta Cement saw an 11.7 per cent drop in revenue to TWD706.9m (US$23.77m) for May 2020, compared to TWD800.4m in the same month last year. In the first five month...
Brazil's cement demand rises 3% in May
The Brazilian cement market expanded by three per cent YoY to 4.761Mt in May 2020, according to the country’s cement association, SNIC. Between January-May, dispatches slipped ...
Loesche wins Than Thang Cement mill orders
At the beginning of 2020 Loesche received a follow-up order from Thanh Thang Group Cement JSC in Vietnam to supply two vertical roller mills. The two mills are destined for a n...
Sharjah Cement reports net loss in 1Q20
UAE-based Sharjah Cement has reported a net loss of AED9.3m (US$2.5m) in the first quarter of 2020, compared to an AED802,000 net profit in the corresponding period of last yea...
Final acceptance certificate issued for Edo Cement second line
On 4 June, the final acceptance certificate (FAC) was issued from BUA Group to the EPC Contractor CBMI Construction, the core member of Sinoma International, for EDO Cement's s...
Fire at Mannersdorf cement works
A fire broke out at Lafarge Zementwerke’s Mannersdorf cement plant in Austria at around 19h on Sunday, 7 June 2020. According to the company, the starting point was the fuel st...
BUA Cement posts 25.1% rise in revenue
BUA Cement has announced a 25.1 per cent YoY increase in revenue to NGN54bn (US$139.3m) in its financial results for the 1Q20. Profit before tax increased by 15.7 per cent YoY...
Turkish cement exports to Georgia fall by 53% in April
Cement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports...
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