Pioneer Cement records 4% fall in revenue
Pakistan’s Pioneer Cement has reported a 3.8 per cent fall in revenue to PKR9.73bn (US$62.07m) in the FY19, compared with PKR10.12bn in the year-ago period. Operating profit ...
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ECEBOL sells BOB35m since start-up
Bolivia’s new ECEBOL unit has sold BOB35m (US$5m) of cement since its recent start-up. The company produces IP-40 cement and since August has launched the product in Santa Cru...
Reliance Logistics acquires 92% of Sama Cement's share capital
Reliance Logistics Co has acquired 3.68m stocks of Egypt’s Sama Cement, representing 92 per cent of the company’s share capital. Sama Cement owns 6.8 per cent of Sinai cement...
Gas prices lowered in Egypt for cement sector
Egypt has reduced the domestic price of gas for the cement, metals and ceramic industries, said Prime Minister, Mostafa Madbouli. Gas prices will continue to be reviews, but...
Bataan terminal to open before year-end
Phinma Corp subsidiary Philcement Corp has stated that its PHP800m (US$15.4m) cement terminal in Bataan will be opened before the end of the year. Phinma is using Philcemen...
September is a blessing for Pakistan cement producers
All Pakistan Cement Manufacturers Association (APCMA) has released September 2019 data, which indicates industry posted real growth as the total dispatches increased by 11.5 pe...
Costa Rica to introduce 5% cement tax
All Costa Rican cement, whether produced within the country or imported, will produce a communal tax of five per cent, according to a bill that seeks to eliminate a distortion ...
Pakistan cement players profits tumble in FY19
The major cement firms reported fall in profit during FY19, says a report of Spectrum Securities Ltd. The research house report made on the review of eight top companies: DG Kh...
Cement companies' scripts attracting investors in Pakistan
A number of Pakistan cement sector companies listed on the Pakistan Stock Exchange (PSX) are performing well on heels of good news for the last two days. According to local re...
LafargeHolcim’s Bélier cement now available via Jumia
LafargeHolcim’s Bélier cement is now available in Côte d’Ivoire on Jumia, the Nigeria-based E-commerce company. LafargeHolcim opened its online shop on the platform three mon...
Vietnam cement sales edge down 4% in August
Total cement sales by Vietnamese producers slipped four per cent to 8.091Mt in August 2019 when compared with the year-ago period, according to data by the Vietnam National Ce...
Hoffmann Green launches IPO
Hoffmann Green Cement Technologies (HGCT) is launching its initial public offering (IPO) 2 October. The company plans to raise around EUR50m on the Euronext Growth market. HG...
Illinois Cement prepares to expand quarry operations
Illinois Cement (Eagle Materials Inc) will soon start work on a new road to bypass an area a quarter of a mile west of its current quarry location on East Third Road in La Sall...
Attock Cement's perceptions for Pakistan's cement industry
Top officials of Attock Cement Pakistan Ltd (ACPL) presented a pictorial review of Pakistan cement industry in local bourse house on 30 September. Muhammad Rehan, chief financi...
Ohorongo Cement plans to reduce bulk road transport
Namibia-based Ohorongo Cement has extended its partnership with Transnamib to reduce its use of road transport in the moving of bulk materials around the country. Transnami...
Lafarge Zambia Plc had to raise prices to stay afloat
Lafarge Zambia's CEO, Jimmy Khan, has spoken out about the crippling overcapacity in Zambia's cement market. Mr Khan said Zambia's cement consumption stands at around 2.2Mt com...
Vietnam HCMC proposes addressing illegal cement capacity expansion
The People’s Committee of Ho Chi Minh City has asked the Ministry of Construction to handle some cement producers in the city due to their illegal capacity expansion, which was...
Cemtech Europe highlights cement sustainability targets
Cemtech Europe 2019 opened today at the InterContinental Hotel in Berlin, Germany. Taking place as global sustainability targets tighten, the conference agenda will closely exa...
Algerian cement exports surge to US$42m
Cement exports from Algeria reached US$42.41m between January-July 2019, more than septupling YoY, according to the Algerian customs service. Exports of hydraulic cement and cl...
Kant modernises packing department
Kant Cement plant in the Chui region, Kyrgyz Republic, has modernised the packing department. The company installed a Turbo K8 filling machine from Russia-based Vselug for more...
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