Yanbu Cement reports 183% rise in net profit for 2019
Saudi Arabia’s Yanbu Cement has reported a 182.7 per cent increase in net profit to SAR257.8m (US$68.75m) for 2019, compared to SAR91.2m in the previous year. The company’s re...
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GICA subsidiary prepares export plan
The Public Industrial Group of Algerian Cement (GICA) has announced that its Beni Saf subsidiary plans to export over 45,000t of clinker to African countries during the current...
Cement dispatches record growth in Feb/8MFY20
All Pakistan Cement Manufacturers' Association (APCMA) has issued dispatches data for the month of February and 8M cumulative data for July 2019-February 2020. The country's ce...
JSW Cement launches Jajpur grinding plant
JSW Cement has announced that it has recently inaugurated the 1.2Mta Jajpur cement plant in Odisha, India. The launch was graced by the honourable Ratan Jindal, Parth Jindal ...
Mancherial Cement Company faces possible closure
Mancherial Cement Company (MCC), formerly known as Associated Cement Companies (ACC), one of the oldest cement manufacturers in south India, is on the verge of closure, reports...
Saudi Cement Co records 13% increase in net profit
Saudi Cement Co has seen a 12.7 per cent YoY increase in net profit to SAR451.4m (US$120.37m) for the full-year 2019 period, compared with SAR400.5m in the previous year. Tota...
Cherat Cement to receive gas for its captive power plant
Cherat Cement Co Ltd (CHCC) has started receiving gas supply from Sui Northern Gas Pipelines Ltd, for its for its plant located at Nowshera in KPK province, Pakistan. This will...
Raysut Cement joins WCA
The World Cement Association has further expanded its international network of members by welcoming Raysut Cement Co (RCC) as a new Corporate Member. Founded in 1981, Raysut C...
Lafarge Zimbabwe appoints new Chief Executive
Lafarge Zimbabwe (LafargeHolcim group) has appointed Precious Murena-Nyika as its new chief executive. Siame Kaulule, who previously held the position, left in January 2020 to ...
CRH EBITDA up 25% in 2019
CRH plc posted a six per cent advance, or three per cent like-for-like (LfL), in sales to EUR28.3bn in 2019 when compared with 2018. The company’s EBITDA increased 25 per cent ...
Cement demand in Vietnam falls 37% in January
Demand for cement in Vietnam in January 2020 saw a 37 per cent YoY decline to 2,879,347t, according to the Vietnam National Cement Association (VNCA). Domestic sales by VICEM...
Shree Cement operates largest kiln in the world
Shree Cement has increased kiln capacity to 14,500tpd following improvements at its Ras Al Khaimah plant in the UAE, making it the world’s largest operational kiln. The kiln su...
Sephaku Cement sees profits fall on construction activity decline
Sephaku Cement (Dangote group) says it expects the next 12-18 months to be tough on the building sector. Declining numbers of new construction sites are impacting on business. ...
Holcim Philippines posts 41% net income advance in 2019
Holcim Philippines achieved a revenue of PHP33.5bn (US$660.4m) in 2019 despite a slow first half in terms of construction activity. However, the company’s operating EBITDA in...
Royal Cement Benelux to distribute cement from Schiedam port
Royal Cement Benelux, part of Royal El Minya Cement and the Sesco Group, one of the largest providers of white cement in the world, announced that it has acquired a new 18,500m...
Pioneer Cement appoints new CEO, posted loss during 1HY19
Pioneer Cement Ltd (PIOC) has announced its financial results for the half year ended 31 December 2019. It reported a loss after taxation of PKR111.66m (US$0.72m) compared to ...
FLSmidth appoints Mikko Tepponen as new chief digital officer
FLSmidth has named Mikko Tepponen as its new chief digital officer, effective 1 June 2020. Mr Tepponen was previously employed by Finland-based Wärtsilä, where he gained extens...
Dangote Cement plans 1Mta grinding unit in Gabon
Dangote Cement will construct a new 3000tpd clinker grinding plant in Gabon, representing an investment of US$75m, according to Dangote Group President, Alhaji Aliko Dangote. ...
Pioneer Cement signs limestone development agreement in Georgia
Raysut Cement's UAE subsidiary, Pioneer Cement, has signed an agreement for the development of a limestone mine in Georgia. Under the 10-year deal SFL International will pay ...
Quinn Cement fined GBP2000 or emissions breach
Quinn Cement was fined GBP2000 (US$2554), having pleaded guilty to failing to limit gas emissions from its Ballyconnell plant in Ireland. The breach ocurred between 2018-19 an...
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