Pakistan's April dispatches hit by COVID-19
All Pakistan Cement Manufacturers' Association (APCMA) released dispatch figures for April 2020 and cumulative 10MFY19-20, showing mixed impact of COVID-19. Cement dispatches...
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Dry bulk shipping market likely to start recovery in 2021
The dry bulk shipping market is expected to see significantly more modest levels of growth in the run-up to 2024, according to Rahul Sharan, lead research analyst dry bulk ship...
Lafarge Africa provides NGN500m intervention fund to alleviate COVID-19 challenges
In response to the COVID-19 pandemic, Lafarge Africa (LafargeHolcim group) has deployed a NGN500m (US$1.28m) intervention fund to provide medical infrastructure, food and essen...
GCCA publishes biodiversity guidelines for quarries
The Global Cement and Concrete Association (GCCA) has published new guidelines aimed at further improving the biodiversity performance of the industry's quarries. The guideli...
Vicat post 3% sales increase in 1Q20
Vicat reported a 2.6 per cent advance in total consolidated sales in the January-March 2020 period to EUR615.5m from EUR600m in the 1Q19. At constant scope and exchange rates, ...
Iran sees 32% rise in exports
Over 17.5Mt of cement and clinker were exported from Iran in the past Iranian calendar year, ending 21 March 2020. The figure registered a 32 per cent growth compared with the...
Argos records revenues of COP2.2trn in 1Q20
In the first three months of 2020, Argos (Grupo Argos) reported revenues of COP2.2trn (US$5.6bn), a figure that remains stable when compared to 2019. EBITDA, including the ef...
Tasek Corp reports 1Q20 results
Malaysia’s Tasek Corp has posted a net profit of MYR4.19m (US$971,589) in the first quarter of 2020, compared with a net loss of MYR10.42m in the year-ago period. However, reve...
Salonit Anhovo restarts cement production
Slovenian cement producer, Salonit Anhovo (Wietersdorfer Group) has resumed cement operations after 14-day shutdown due to the COVID-19 pandemic that caused reduced demand for ...
Oman enforces anti-dumping measures
Oman’s Ministry of Commerce and Industry has helped introduce screening measures at the country’s border to reduce cement dumping. The anti-dumping measures began in March but ...
Dal Machinery & Design deliver three kiln shells to Twiga Cement
Dal Machinery & Design (Dal Engineering Group) has delivered three rotary kiln shells for Tanzania Portland Cement Public Ltd (Twiga), Tanzania. The kiln shells were manufactu...
Cemex Philippines sees net sales fall 10%
Cemex Holdings Philippines Inc announced that net sales decreased by 10 per cent during the 1Q20, versus the 1Q19, amounting to PHP5.6bn (US$110.7m). Domestic cement volumes de...
Qalaa Holdings records revenues of EGP14.9bn in FY2019
Qalaa Holdings of Egypt has reported total revenues of EGP14.9bn (US$945m), for its consolidated financial results for the year ended 31 December 2019, up 11 per cent YoY. Qal...
Moroccan cement dispatches contract 56% in April
Morocco’s cement deliveries saw 55.5 per cent drop to 552,472t in April 2020 from 1,241,463t in April 2019, according to the members of the country’s cement association, APC. ...
Gharibwal Cement announces 11% fall in net sales
Pakistan’s Gharibwal Cement has announced a 10.9 per cent YoY fall in net sales to PKR7.37bn (US$46.09m) in the 9MFY19-20 ended 31 March 2020, compared to PKR8.28bn in the year...
Cem'In'Eu prepares start-up of Rhône Ciments
Cem'In'Eu is starting up Rhône Ciments, its second cement plant in Portes-lès-Valence, Drôme region, France. "Moving to Portes-lès-Valence allows us to be in the middle of a ...
RHI Magnesita reports resilient 1Q cement business
RHI Magnesita NV reports that the Industrial division continued to perform well in 1Q20, particularly in cement. Trading activity in the steel division remained weak in Europe ...
Colombian cement market contracts 29% in March
Cement dispatches in Colombia fell by 28.6 per cent to 739,700t in March 2020 from 1,035,800t in March 2019, according to the latest data by the country’s statistics agency, DA...
Cement Hranice records 5% sales increase
Czech Republic-based Cement Hranice saw a 4.7 per cent YoY increase in sales to CZK1.78bn (US$71.45m) in 2019. However, the company’s net profit fell 2.3 per cent YoY to CZK...
Arkan sees 14% decrease in net profit for 1Q20
UAE-based Arkan Building Materials has seen a 13.8 per cent fall in net profit to AED10.53m (US$2.87m) during the first quarter of 2020, compared to AED12.21m in the year-ago p...
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