Cemex makes organisational changes
Cemex has announced that Sergio Mauricio Menéndez Medina, current president of Cemex Europe, has been appointed as president of Europe, the Middle East, Africa and Asia. Theref...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Punchlist: cement plant readiness for the COVID-19 pandemic
Today we publish a punchlist of immediate responses that cement plants and businesses should take into account to enhance readiness in the context of the ongoing COVID-19 pande...
Buzzi Unicem sees 12% rise in sales, stable net profit in 2019
Italy-based Buzzi Unicem reported a 12.1 per cent rise in net sales in 2019 to EUR3.221bn in 2019, up from EUR2.874bn. The company posted a 4.3 per cent YoY rise in cement sale...
Eagle Cement sees sales advance 20% in 2019
Philippines-based Eagle Cement Corp saw its net sales advance 20 per cent YoY to PHP19.82bn (US$387.78m) in 2019. Gross profit rose 20 per cent to PHP8.67bn, while net income r...
Sinai Cement reports widening net loss in 2019
Egypt’s Sinai Cement has reported a significant widening in its net loss for 2019. The net loss expanded to EGP442.25m (US$28.07m) from an EGP306m loss in 2018. The company ha...
Dongwu Cement sees 11% increase in revenue for 2019
China’s Dongwu Cement has seen a 10.7 per cent increase in revenue to CNY571.15m (US$80.5m) in 2019, rising from CNY516.04m in the previous year. Profit declined 32.3 per cent ...
Peruvian cement market expands 5% in February
National cement demand in Peru advanced 5.3 per cent in February 2020 to 0.935Mt when compared with February 2019, according to the country’s cement association, Asocem. In the...
Uzbekistan sees production fall 13% YoY in February
Uzbekistan’s Portland cement production fell 13 per cent YoY to 551,200t in February 2020, according to the country’s State Statistics Committee. In the first two months of t...
Measures to stop COVID-19 spread expected to impact Bangladeshi cement industry
The Bangladeshi cement industry is likely to be affected by the measures taken by government to halt the spread of the coronavirus in the country. All passenger trains and vess...
Aumund names new MD of Brazilian subsidiary
Aumund has named Paulo Lima as the new managing director of its Brazilian subsidiary, based in São Paulo. Paulo Lima has already had a successful career in mechanical engineer...
Indian cement manufacturers take precautions against COVID-19
India’s cement manufacturers are taking precautions against the spread of COVID-19. JK Cement Ltd is working with a reduced workforce, maximising video-conferencing and minimis...
Panama’s government halts cement production and distribution
Through its Executive Degree No 506, the Panamanian government has suspended all construction activity, except construction projects provided by the health authority, in the co...
Azerbaijan’s Gazakh Cement to increase exports in 2020
Gazakh Cement Plant plans to significantly increase export sales from Azerbaijan to neighbouring countries such as Georgia in 2020, according to Trend. "Last year, the plant ...
FLSmidth suspends financial guidance for 2020
FLSmidth has suspended its financial guidance for 2020, following the global uncertainty caused by the global COVID-19 pandemic. "The underlying mining and cement industries...
INC produces record 0.484Mt of clinker in 2019
Paraguay’s Industria Nacional del Cemento (INC) produced 0.484Mt of clinker in 2019, the highest output reported since the fuel conversion project at the Vallemí plant and is a...
Pakistan's cement under the shadow of coronavirus
Pakistan's cement industry has been impacted directly and indirectly by the coronavirus pandemic. The spread of the virus is driving cement manufacturers to reschedule or hold ...
Carthage Cement increases capital with TND206m
Tunisia’s Carthage Cement has closed its capital increase with a value of TND206m (US$70.9m), about 77 per cent of its initial sum (TND268.5m), according to ilBoursa. The opera...
Sephaku Holdings reappoints executive director
South Africa’s Sephaku Holdings has announced that Kenneth Capes has been re-appointed as an executive director and CEO of Métier Mixed Concrete Proprietary Ltd, with effect fr...
Fancesa shuts down production due to COVID-19
Bolivia-based cement producer Fábrica Nacional de Cemento SA (Fancesa) has halted its cement production due to the presence of the coronavirus in the country. The information...
Vietnam cement sales surge 58% in February
Total cement sales in Vietnam reached 4.207Mt in February 2020, up 58 per cent YoY and 47 per cent MoM, according to the Vietnam National Cement Association (VNCA). The total...
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