CMA hold meeting with Singareni Collieries Co Ltd
India's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior off...
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Angolan government to sell stakes in state cement companies
A report by Díario da Republica confirms that the Angolan government is to sell stakes in several state companies including cement plants to finance projects for the economic a...
Birla Corp announces INR50bn expansion plans
India’s Birla Corp has announced plans to increase its total cement capacity to 25Mta by 2025, with an investment of INR50bn (US$701.5m). The new capacity will be shared betwee...
Czech cement production increased 10% in 2018
The Czech Republic’s cement output increased 9.8 per cent YoY to 4.43Mt in 2018, the largest amount since 2008, according to data from the country’s cement producers’ associati...
Taiwan Cement Corp records 6% decline in revenue
Taiwan Cement Corp has announced a 5.9 per cent YoY fall in revenue for the second quarter of 2019, falling to TWD31.36bn (US$1bn) from TWD33.32bn. Pretax profit saw a declin...
Nepal's cement producers call on government to find export markets
Nepal's cement producers are demanding that the government supports them in attempts to find export markets for cement and clinker as overcapacity in Nepal is expected to rise ...
OYAK targets British Steel bid
Turkish cement producer OYAK has become the front runner in the bidding to buy British Steel. The Turkish pension fund has been talking with the UK government to takeover Briti...
Argos sees net income grow to US$22m in 1H19
Argos has announced that the company's net income grew by 33.5 per cent to US$22m in 1H19. Argos revenues also expanded by 10.6 per cent to US$1.419m, while EBITDA registered...
Nepal’s PAC directs cancellation Huaxin Cement Narayani land lease pact
The Public Accounts Committee (PAC) of the Nepali parliament has directed Rorang Village Municipality of Dhading to cancel the land lease pact with Huaxin Cement Narayani Pvt L...
Cruz Azul orders two Loesche petcoke VRMs
CYCNA (Cruz Azul group) commissioned a Loesche cement grinding plant in Tepezalá, Mexico, last year, and this summer two more Loesche coal grinding plants for petcoke grinding ...
West China Cement reports 23% increase in profit
West China Cement Ltd has announced a 22.7 per cent increase in profit to CNY793.5m (US$112.3m) for the 1H19, compared with CNY646.7m in the year-ago period. Revenue climbed 27...
Chile’s cement deliveries fall 11% in June
Chilean cement dispatches in June declined 10.6 per cent to 291,979t from 326,681t in June 2018, according to the Chilean Construction Chamber (CChC). When compared with the pr...
Geocycle orders a mobile UNTHA shredder for Holly Hill cement plant
Geocycle (LafargeHolcim subsidiary) has taken delivery of a new UNTHA XR mobil-e waste shredder in Dorchester, South Carolina, USA. The mobile shredder unit with two x 177hp ...
Cherat Cement’s profits shrink by 17% per cent
Cherat Cement Company Ltd (CCCL) has announced its financial results for the year ended 30 June 2019 by declaring of net profit of PKR1.76bn (US$10.98m), which fell by 17.4 per...
Brazil cement market expands 8% in July
Brazilian cement sales increased 8.1 per cent YoY to 4.953Mt in July 2019, according to the country’s cement association, SNIC. The market expanded most in the south, advanc...
China Resources Cement sees 7% fall in net profit in 1H19
China Resources Cement has reported a 6.5 per cent YoY drop in net profit to HKD3.77bn (US$480.8m) for the first six months of 2019, against HKD4.03bn in the corresponding peri...
Star Cement receives approval for 0.6Mta Liberian project
Star Cement has received approval from the Liberian government to construct a 0.6Mta plant in Monrovia at an estimated investment of US$41m. Following commissioning, the pri...
Greek construction starts recovery in May
The Greek construction sector saw building permits rise by 7.4 per cent in May, according to the statistics agency ELSTAT. There were 1453 building permits issued in the month ...
China Shanshui Cement records 75% increase in net profit
China Shanshui Cement has seen a 75 per cent YoY rise in net profit to CNY1.19bn (US$168.5m) for the first half of 2019, which it has attributed to higher cement sales. Reve...
Bestway Cement profit falls 23% in FY19
Bestway Cement Ltd (BCL) has announced its financial results for the year ended 30 June 2019 on 8 August by declaring of net profit of PKR10.09bn (US$63m), amounting to a fall ...
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