Vietnamese cement dispatches slip in March
Vietnamese producers supplied 6,508,053t of cement to the domestic market in March 2020, according to the Vietnam National Cement Association (VNCA). This represents a decrease...
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Namangan Cement launches construction of second line
Uzbekistan's Namangan Cement LLC has launched the construction of a second line at its facility in Namangan, Chust district. The company was founded in 2019 and produces 200...
Kenya's cement consumption recovers in January
Kenyan cement consumption reached a 17-month-high in January 2020, according to the Kenya National Bureau of Statistics (KNBS). Demand hit 528,904t during the month and marked ...
Coal and crude prices beneficial for cement industry, says DG Khan Cement
Two of DG Khan Cement's senior management, Raza Mansha, CEO, and Farid Noor Ali Fazal, director, commented that falling coal and crude prices in international markets would red...
GCCA hosts webinar forum on Global Health & Safety
The Global Cement and Concrete Association (GCCA) held its first Global Health & Safety Forum (webinar) on World Day for Safety at Work. The forum consisted of five presentatio...
Ambuja Cements has seen a 7% increase in net profit
India’s Ambuja Cements has seen a 6.8 per cent increase in its consolidated net profit to INR7.43bn (US$97.5m) for the first quarter of 2020, compared to INR6.95bn in the year-...
Huaxin Cement reports 65% fall in 1Q20 profit
China’s Huaxin Cement has reported a 65 per cent YoY decline in net profit to CNY354.1m (US$50.06m) for the first quarter of 2020, according to Reuters. However, the company h...
Vortex makes face masks in fight against COVID-19
In the midst of the COVID-19 pandemic, employees at Vortex designed and produced cleanable and reusable face shields for Salina Regional Health Center, Kansas, USA. Initially,...
FLSmidth's interim 1Q20 report sees COVID-19 impact business results
FLSmidth reports that the COVID-19 pandemic is intensifying the cement industry's apprehensiveness to start large capital investments, but producers in both mining and cement a...
Hoffmann Green Cement Technologies sees turnover up in 2019
Hoffmann Green Cement Technologies (HGCT) saw a hike in its turnover to EUR0.62m in 2019 from EUR0.289m in 2018. The company’s EBITDA declined to EUR-1.846m while EBIT reached ...
India Cements partially resumes operations
India Cements has partially resumed the operation of some its plants in a phased manner. "Considering the uncertainties involved, the impact arising on account of the COVID-...
Ambuja Cement and ACC fund NGOs to tackle COVID-19
Ambuja Cements Ltd and ACC Ltd (LafargeHolcim group) have collectively contributed INR3.3m (US$0.43m) to three non-government organisations (NGOs) to support daily-wagers, mig...
Senegal sees another cement tax rise
Senegal’s President, Macky Sall, has imposed a tax of XOF2000/t (US$3.30/t) on cement to finance social housing, according to Le Quotidien. The latest increase follows a XOF3...
JK Cement receives permission to restart operations
India’s JK Cement has received permission from the relevant authorities to commence operations at its Rajasthan, Madhya Pradesh and Haryana sites, alongside work at its new pro...
Najran Cement signs financing agreement
Saudi Arabia’s Najran Cement has signed a financing agreement with Bank Al-Jazira. The credit agreement will see a total of SAR355M (US$94.67m) paid semi-annually over five yea...
US Portland and blended cement market expands 7% in January
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico increased by 7.4 per cent YoY to 6.9Mt in January 2020, according to data from the ...
Uzbekistan set to temporarily suspend cement imports
Foreign trade restrictions are expected to be introduced in Uzbekistan from 1 May 2020, as a reaction to the economic consequences of the COVID-19 pandemic, according to Uzbeki...
HeidelbergCement Bangladesh profits hit by multiple factors
HeidelbergCement Bangladesh posted an unaudited net profit of BDT43.5m (US$0.513m) for the first quarter of 2020, against earnings of BDT193m in the 1Q19. The fall in profit is...
Mixed pattern in financial results visible in 9MFY20
Three more Pakistani cement companies have announced their 9MFY19-20 financial results. Lucky Cement Ltd has reported a lower profit, while Maple Leaf Cement Factory Ltd (MLCF)...
First sustainable credit to the Mexican cement industry agreed
BBVA Mexico has formalised a sustainable credit for MXN2.2bn (US$88.7m) over a five-year term to Cooperativa La Cruz Azul. According to the bank, it is the first sustainable cr...
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