Hsing Ta Cement sees 14% decline in revenue
Taiwan’s Hsing Ta Cement has seen a 14.3 per cent decline in revenue to TWD1.16bn (US$38.96m) for the January-March 2020 period, against TWD1.36bn in the 1Q19. The company’s n...
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Bolu Cimento reduces net loss in 1Q20
Turkey’s Bolu Cimento Sanayii has considerably reduced its non-consolidated net loss to TRY11.04m (US$1.58m) in the first quarter of 2020, compared with a TRY21.19m loss in the...
Titan Group sees 6% revenue increase in 1Q20
Based on robust US demand and resilience of markets in the eastern Mediterranean, Titan Group's consolidated revenue increased in the 1Q20 by 6.1 per cent, reaching EUR384.8m, ...
Brazil cement consumption declines 7% in April
While Brazilian cement sales in April fell 6.9 per cent YoY to 4.1Mt, sales per business day saw a drop of only 2.5 per cent to 185,500t, according to Brazil’s cement associati...
Siam Cement Plc cement sales down 4% in 1Q20
Thailand's Siam Cement Plc reported profits of THB6971m (US$217.1m), down two per cent QoQ and EBITDA slipped to THB15,424m down 126 per cent. Revenue from sales was steady at ...
Semen Indonesia Group sales edge up in April
Semen Indonesia Group (SIG) reported total sales in April 2020 of 3,060,256t, up 0.5 per cent when compared with April 2019, when the group achieved sales of 3,046,007t. Sem...
Gulf Cement records net loss in 1Q20
UAE-based Gulf Cement has posted a net loss of AED28.9m (US$7.87m) in the first quarter of 2020, compared to an AED1.5m profit in the corresponding period of last year. Revenue...
Alexandria Portland Cement sees net loss contract in 1Q20
Egypt’s Alexandria Portland Cement has seen its consolidated net loss contract 54 per cent YoY to EGP35.82m (US$2.27m) in the first quarter of 2020, compared to a loss of EGP77...
Indonesian clinker exports up but cement exports contract
Indonesian cement producers have seen a 4.7 per cent uptick in clinker exports to 568,819t in April 2020 when compared with clinker export sales of 543,441t reported in April 2...
MPA releases COVID-19 pocket safety guides
The Mineral Products Association (MPA) has launched two new sector specific pocket guides, for managers and employees, which are designed to support members in keeping employe...
Lhoist North America to construct new lime kiln at Marble Falls
After extensive technical review, Lhoist North America has received permit approval from the Texas Commission on Environmental Quality for construction of a new energy-efficien...
KCP appoints new managing director
India’s KCP Ltd has received shareholder approval for the appointment of V L Indira Dutt as its new chairperson and managing director with immediate effect. The company's execu...
US and Puerto Rico February Portland and blended cement shipments up 13%
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 13 per cent YoY in February 2020 to 6.4Mt, reports the US Geological Surv...
Argentina’s market contracts 55% in April
Cement consumption in Argentina dropped 55.2 per cent YoY and 19.7 per cent MoM in April 2020 to 403,652t from 900,938t in April 2019, according to the latest data by the count...
Hong Leong Asia makes takeover offer for Tasek Corp
Hong Leong Asia, which currently holds an 88.16 per cent stake in Malaysia’s Tasek Corp through two subsidiaries, has reportedly launched an unconditional voluntary takeover of...
CEMBUREAU's Carbon Neutrality Roadmap to reduce CO2 to net zero by 2050
CEMBUREAU's Carbon Neutrality Roadmap (CNR) looks at how the European cement industry can reduce its carbon emissions by 2050, and align with the objectives of the European Gre...
LafargeHolcim propose dividened and re-elect board members at AGM
LafargeHolcim shareholders confirmed the proposed distribution of a dividend of CHF2.00 per registered share (US$2.06/registered share) of LafargeHolcim Ltd from capital contri...
Cemex UK to mothball South Ferriby plant in 3Q20
Cemex UK has announced a proposed mothballing of the South Ferriby plant during the 3Q20. It is anticipated that the proposal may result in redundancies of all the employees cu...
The Cement Producers Association of Iraq joins the WCA as affiliate member
The World Cement Association announced today that it is welcoming the Cement Producers Association of Iraq (CPAI) as an affiliate member of its international network. Affiliate...
Dangote Cement Cameroon SA donates PPE equipment
As part of its corporate social responsibility project, Dangote Cement Cameroon SA has handed over personal protection equipment (PPE) kits worth XAF100m (US$165,000) to the Ca...
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