Sonacim lowers cement prices for 1 month
Chad-based Sonacim will be lowering its cement price between 12 August and 11 September, according to its new Managing Director, Faïtchou Etienne. The price of 32.5-grade PC ...
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East African Portland Cement withdraws dismissing workforce notice
Kenya’s East African Portland Cement Co (EAPCC) has withdrawn the notice about the plan to dismiss its workforce of 800, saying it would make a further statement about restruct...
Bolivia's drive to reduce imports
This week saw the inauguration of the new plant of Empresa Pública Productiva de Cementos de Bolivia (ECEBOL), located in Jeruyo, Caracollo, in the country’s Oruro province. ...
UltraTech Cement announces 91% rise in consolidated profit
India’s UltraTech Cement Ltd has announced a 91 per cent YoY growth in consolidated net profit to INR12.08bn (US$171.2m) for the quarter ending 30 June, compared with INR6.31bn...
Loma Negra sees 2% drop in 2Q revenue but EBITDA up
Argentina-based Loma Negra reported a 2.2 per cent YoY drop in 2Q net revenue to ARS7.47bn (US$165m) while consolidated adjusted EBITDA increased 7.1 per cent YoY to ARS1.929bn...
Saurashtra Cement posts rising 1Q net profit
India-based Saurashtra Cement reported a consolidated revenue from operations of INR1.51bn (US$21.4m) in the 1QFY19-20 (ended 30 June 2019), down 10.1 per cent from INR1.68bn i...
Al Jouf Cement reports 2Q profit
Saudi cement producer Al Jouf Cement posted sales of SAR46.2m (US$12.3m) in 2Q19, representing a 70 per cent rise when compared with 2Q18 when sales reached SAR27.2m, according...
LafargeHolcim and Solidia Technologies launch first commercial venture
LafargeHolcim and US-based Solidia Technologies ® have announced its first commercial venture to supply EP Henry’s paver and block plant in Wrightstown, New Jersey, with a red...
East African Portland Cement to lay off all workers
Kenya-based East African Portland Cement Co (EAPCC) has announced plans to lay off its workers due to the company’s financial issues, according to Standard Digital. However, em...
Argentine cement demand up 5% in July
Total cement consumption in Argentina in July 2019 increased 5.1 per cent YoY to 1,000,711t, according to the country’s cement association, AFCP. The market requirement was ent...
FLSmidth sees 16% increase in revenue for 2Q19
FLSmidth’s order intake for the second quarter of 2019 reached DKK4.95bn (US$751.5m), a modest decrease of two per cent YoY. Orders included a large cement plant in Morocco and...
Yura records 43% decline in 2Q19 profit
Peru’s Cementos Yura (Gloria Group) has reported a 43 per cent YoY fall in profit to PEN56.5m (US$16.67m) for the second quarter of 2019. Cement sales were down 0.3 per cent to...
India Cements plans INR14bn plant project
India Cements is reportedly in the process of acquiring land in Madhya Pradesh for a new plant project which would take its total capacity to 20Mta, according to The Economic T...
Colombian market expands 4% in June
Domestic dispatches in Colombia advanced by 3.8 per cent from 0.943Mt in June 2018 to 0.979Mt in June 2019, according to DANE, the country’s statistics office. Bolívar and Me...
Shree Cement awards Gebr Pfeiffer with new order
India’s Shree Cement has awarded Gebr Pfeiffer with an order to equip its grinding plant in Pune, Maharashtra. The MVR 6000 C-6 mill can alternately produce 300tph of OPC at a ...
Dangote Cameroon sees 7% sales drop
Dangote Cameroon has posted a 7.1 per cent drop in sales in the 1H19 when compared with the 1H18. "Our 1.5Mta clinker mill in Douala sold about 0.6Mt of cement in the first ha...
Vietnamese market stable, exports slip in June
Vietnamese cement companies sold 7.497Mt of cement in June 2019, down four per cent YoY and 12 per cent MoM, according to the Vietnam National Cement Association (VNCA). Of thi...
Eagle Cement Corp announces 44% rise in net profit
Philippines-based Eagle Cement Corp has announced a 44 per cent YoY rise in net profit for the first six months of 2019 to PHP8.2bn (US$156.7m), while also reporting a 21 per c...
Sagar Cements records 22% rise in production for July
India’s Sagar Cements has seen a 22.3 per cent increase in consolidated cement production to 281,597t in July 2019, compared with 230,193t in the year-ago period. Standalone pr...
Sumitomo Osaka sees 3% fall in net profit
Japan’s Sumitomo Osaka Cement has announced a 2.5 per cent YoY fall in net profit to JPY2.1bn (US$19.7m) for the quarter ending 30 June. Sales were down by 2.1 per cent to JPY5...
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