Republic Cement to increase capacity by up to 25%
Philippines-based Republic Cement has announced plans to expand capacity by up to 25 per cent next year on the back of increased demand for cement products. "Our capacity is ...
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Cementarnica Usje sees 21% net profit rise
North Macedonia-based Cementarnica Usje reported a 21 per cent YoY consolidated net profit rise to MKD939.8m (US$16.8m) in the January-September 2019 period. The Titan-owned ...
Nepal's self-reliance in cement production has not lowered domestic prices
Nepal has become self-reliant on cement production from this fiscal, claims The Niumalayan. However this self-sufficiency has not seen domestic cement prices fall lower than fo...
Taiwanese producers record mixed results in October
Taiwan’s Hsing Ta Cement has recorded a 12.5 per cent YoY fall in revenue for October 2019, decreasing to TWD638.73m (US$21m) from TWD729.87m. However, revenue in the January-O...
HeidelbergCement orders latest version of INFORM's Transport Optimisation Software
HeidelbergCement has successfully rolled out the latest version of INFORM's transport optimisation software for the building materials industry. The new version (V10) features...
Making carbon neutrality a reality by 2030
This week FLSmidth's released its new sustainability programme, MissionZero, which is offering a number of products and services to help the industry achieve the goal of operat...
HeidelbergCement records 7% rise in group revenue for the 9M19
HeidelbergCement has reported a seven per cent increase in group revenue to EUR14.3bn for the first nine months of 2019, compared with EUR13.4bn in the year-ago period. Excludi...
Loma Negra records 2% fall in revenue for the 9M19
Argentina's Loma Negra has recorded a 2.3 per cent fall in net revenue to ARS26.74bn (US$448m) in the first nine months of 2019, compared with ARS27.36bn in the year-ago period...
Buzzi Unicem sees improved cement volume and stable in concrete
Buzzi Unicem's turnover for the first nine months of 2019 was up by 13.4 per cent to EUR2423.6m, but ignoring exchange rate movements the increase would have been 9.9 per cent....
Argentina's cement market contracts 9% in October
Argentine cement consumption fell 8.8 per cent YoY to 948,930t in October 2019, from 1,040,317t in October 2018, according to the country’s cement association, AFCP. When compa...
Arkan sees increase in net profit for the 9M19
UAE-based Arkan Building Materials Co has recorded a net profit of AED36.13m (US$9.8m) for the first nine months of 2019, compared to AED10.2m in the corresponding period last ...
PT Semen Indonesia receives 9M19 profit decline
Cement producer PT Semen Indonesia received a profit decline in 9M19 on the back of surging finance costs. Although Semen Indonesia earned IDR1.3trn (US$92.85m) in net profit f...
Hilal Cement Co reports loss in 3Q19
Kuwait’s Hilal Cement Co has reported a loss of KWD52,300 (US$172,700) in the third quarter of 2019, according to a company bourse statement. However, in the first nine month...
Titan Cement Group's turnover rises by 9% in 3Q19
Titan Cement Group's 3Q19 results saw consolidated turnover rise by 8.7 per cent compared to 3Q18, EBITDA rose by 15.4 per cent and net profit increased by 25.7 per cent. I...
Construction on Holcim Hagerstown solar project expected to begin before end 2019
Construction on the 10MW solar project for LafargeHolcim-owned Holcim US Inc’s Hagerstown plant could commence before the end of the year, according to a project official. T...
Star Cement sees 16% rise in net profit
India-based Star Cement reported a standalone net profit of INR550.8m (US$7.8m) for the quarter ended 30 September 2019, up 16.2 per cent YoY from INR474m in the year-ago perio...
Breedon shareholder plans to sell up to 8.3% stake
Breedon Group Plc shareholder M1 Cement Holding Ltd plans to sell up to 8.3 per cent of the company’s issued share capital via a secondary placing, according to brokerage JP Mo...
Umm Al Qura Cement returns to profits
Umm Al Qura Cement Co reported a profit of SAR18.9m (US$5.04m) in the 3Q19, when compared with a loss of SAR3.93m posted in the 3Q18. Revenues of the Saudi cement producers s...
Siam Cement reports 35% fall in net profit
Thailand’s Siam Cement has reported a 35 per cent fall in net profit to THB6.20bn (US$205m) for the 3Q19. However, revenue rose eight per cent YoY to THB110.33bn. Revenue fr...
JK Cement’s Satha line expected to be ready in December
India-based JK Cement is setting up a clinker grinding unit in Satha village, Aligarh district, Uttar Pradesh. The INR2.664bn (US$37.6m) project will have a capacity of 2Mta ...
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