Semen Indonesia sees 41% rise in October sales
Semen Indonesia Group, including SBI, reported a 40.8 per cent rise in sales volumes to 4,771,181t in October 2019 when compared with a volume of 3,388,174t in October 2018. ...
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Taiwan Cement reports net profits of US$580.9m in 9M19
Taiwan Cement's net profit last quarter rose 10.17 per cent annually to NT$6.54bn (US$214.4m). Net profit in 9M19 increased by 11.14 per cent to NT$17.72bn (US$580.9m), a compa...
Pakistan's FDI shows recovery in 4MFY19-20
Pakistan has received net foreign direct investment (FDI) of US$650m between July and October 2019 period, compared to US$191.9m received in first four months of last year. Thi...
Premier Cement's two new plants ready for trial operation
Bangladesh-based Premier Cement is on track to complete its expansion plans by March 2020. The project was first announced in 2017 on the back of a forecast surge in demand for...
Chilean deliveries down 1% in September, up 5% in 9M19
Chilean cement dispatches declined 1.4 per cent YoY to 311,328t in September 2019 when compared with a volume of 307,015t delivered in September 2018, according to the Chilean ...
Mombasa Cement’s Vipingo plant wins energy-saving award
Mombasa Cement’s Vipingo facility has won Kenya’s national award as the best energy-saving company in the country, according to The Star. The plant has been able to save arou...
San Miguel Corp to use biodegradable cement packaging
San Miguel Corp is set to become the first company to use fully-certified biodegradable plastic packaging in the Philippines. It will be initially used for both food and non-fo...
Thatta’s WHR project to start in 2QFY19-20
Pakistan-based Thatta Cement Co Ltd is currently implementing its waste heat recovery project that will generate 5MW of electricity for the company at its Sindh plant. Commerci...
Arabian Cement sees reduced profit in the 9M19
Egypt’s Arabian Cement Co has reported an 85 per cent YoY fall in profit to EGP32.9m (US$2.04m) in the first nine months of 2019, compared to EGP214.8m in the year-ago period. ...
Beni Suef Cement records 6% dip in revenue
Egypt’s Misr Beni Suef Cement has noted a 72 per cent YoY profit decline to EGP67.11m (US$4.16m) in the first nine months of 2019, against EGP237.8m in the 9M18. Revenues wer...
Bengal Cement signs agreement with Hyundai Development Co
Bangladeshi cement producer Bengal Cement Ltd signed an agreement with Hyundai Development Co to supply cement for the US$63m “Super-Specialised Hospital under BMSMMU” project ...
Dangote bets on Togo becoming an emerging nation
This week Dangote Cement announced its intention to build a 1.5Mta grinding plant in Togo, having signed a contract with the country's government. The project is set to start...
Sephaku Holdings reports net loss in 1HFY19-20
South Africa’s Sephaku Holdings has reported a loss of ZAR7.7m (US$521,582) for the six months ending 30 September 2019, compared with a ZAR26.5m net profit in the year-ago per...
Sinai Cement sees net loss widen 30% YoY
Egypt’s Sinai Cement has seen its net loss widen 30 per cent YoY to EGP331.22m (US$20.53m) during the first nine months of 2019, compared to EGP293.14m in the 9M18. The cost of...
Paraguay cement prices surge as shortage persists
The price of cement in Paraguay has soared from PYG60,000/bag (US$9.28/bag) to PYG45,000/bag as a cement shortage persists. State-run cement producer Industria Nacional de Ce...
CRDC launches EcoConcreto product
CRDC launch EcoConcreto product The Center for Regenerative Design and Collaboration (CRDC) launched its plastic-to-concrete invention 'EcoConcreto' at the Susta...
Thai Boon Roong Cement plant is inaugurated
Cambodia inaugurated its fifth cement plant yesterday when Thai Boon Roong Cement plant's start-up was celebrated in southwest Kampot, Cambodia. The US$110m intergated cement ...
Cement export from Bangladesh continues to slide in 4MFY19-20
According to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry has earned an export revenue of US$3.18m between July and October 2019-20 compared to US$3.9...
Misr Cement (Qena) records 67% net profit decline
Egypt’s Misr Cement (Qena) has recorded a 67 per cent YoY net profit fall to EGP29.7m (US$1.84m) during the first nine months of 2019, compared to EGP89.42m in the year-ago per...
Cementir sales advance in most areas, but net profit falls
Cementir's turnover for the first nine months of 2018 improved by 1.5 per cent to EUR906.12m and EBITDA advanced by 11.6 per cent to EUR181.84m. However, the trading profit eas...
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