China Resources Cement profit edges up 3% in 3Q
China Resources Cement reported a 3.2 per cent YoY increase in 3Q profit to HKD9.31bn (US$1.19bn) in 2019 when compared with HKD9.02bn in the year-ago period. The company’s p...
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Semen Indonesia joins WCA
Semen Indonesia has joined the World Cement Association (WCA) as a Corporate Member. Semen Indonesia maintains a production capacity of 51Mta, which is shipped to customers acr...
Carbon capture is only way to achieve full industry decarbonisation
In the past year, German cement manufacturers have invested in a large number of measures to further reduce their carbon footprint, reports the German Cement Association, VDZ, ...
Cemex reports 4% decline in net sales for 3Q19
Cemex has reported consolidated net sales of US$3.5bn in the 3Q19, representing a decrease of four per cent YoY, or one per cent on a like-for-like (LfL) basis for the ongoing ...
LafargeHolcim reports positive 9M19 results
LafargeHolcim has reported net sales of CHF20.2bn (US$20.36bn) in the 9M19, representing a 2.1 per cent fall YoY, or a four per cent increase on a like-for-like (LfL) basis. Re...
Cemex Latam Holdings reports consolidated 3Q19 sales of US$245m
Cemex Latam Holdings SA reports that its consolidated net sales reached US$245m during the 3Q19, a fall of 12 per cent in US-dollar terms or four per cent in local currency ter...
Société des Ciments de Hamma Bouziane to open waste incinerator
Société des Ciments de Hamma Bouziane (Algerian Cement Industry Group - GICA) has announced its intention to build an industrial waste incinerator in the municipality of Consta...
Dangote Cement signs new asset management contract with GE
Dangote Cement has signed an agreement with General Electric (GE) to deploy an Asset Performance Management (APM) solution to reduce unplanned downtime and enhance performance ...
Pakistan's cement production continues to slide
The latest data released by the Pakistan Federal Bureau of Statistics shows that large-scale manufacturing industries (LSMI) observed a negative trend in Pakistan's manufacturi...
Maple Leaf Cement incurs losses in 1QFY19
Maple Leaf Cement Factory Ltd (MLCF) of Pakistan has announced its consolidated financial results for the 1QFY19, ended 30 September 2019. It incurred a net loss of PKR982m (US...
French court postpones Lafarge Syria ruling
A French court has postponed its decision on whether to uphold preliminary charges against Lafarge after the cement company had allegedly made payments to Syrian armed organisa...
DG Khan Cement sales increased in 1QFY20
DG Khan Cement Co Ltd (DGKC) of Pakistan has announced its consolidated financial results for the 1QFY20, ended September 2019. DGKC incurred a net loss of PKR1.44bn (US$9.2m) ...
Cementos Pacasmayo sees 20% rise in revenue
Peru’s Cementos Pacasmayo has seen a 20.2 per cent YoY rise in revenue for the third quarter of 2019, on the back of a 17.6 per cent increase in the sales volume of cement, con...
Dewan Cement posts losses in 1QFY20
Dewan Cement Ltd (DCL) of Pakistan has announced its financial results for the 1QFY20 ended 30 September. It incurred a net loss of PKR62m (US$398,189) as compared to profit of...
Northern Cement reports 'robust' 3Q19 sales
Saudi Arabia's Northern Region Cement Co has reported 'robust' 3Q19 financial results, according to General Manager, Obeid bin Saad Al-Subaie. "The Kingdom did not witness an ...
Bamburi Cement acts to protect market share
Kenyan cement production capacity is now estimated at 12Mt, according to industry leaders, while annual demand ranges between 5-6Mta. Cement prices are below levels recorded ...
Hail Cement records 52% revenue increase in the 3Q19
Saudi Arabia’s Hail Cement has recorded a SAR7.6m (US$1.95m) net profit in the 3Q19, compared with a loss of SAR18.3m in the year-ago period. Revenue also improved 51.7 per cen...
PCA forecasts moderate cement consumption and GDP growth to 2021
The US Portland Cement Association (PCA) has published its annual Fall Forecast in which it predicts moderate growth for cement demand through 2019 and into 2020. PCA Market In...
GCC sees 8% rise in consolidated net sales
Mexico's Grupo Cementos de Chihuahua (GCC) has recorded an 8.3 per cent YoY rise in consolidated net sales to US$301.7m for the third quarter of 2019, on the back of improved c...
Hima Cement in consultation for Moroto mining rights
Bamburi Cement’s subsidiary, Hima Cement, is consulting leaders and the local community in Moroto in Uganda, to access surface mining rights. Hima Cement (LafargeHolcim gro...
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