Breedon Group reports 18% revenue increase
UK-based Breedon Group has reported an 18 per cent YoY rise in revenue to GBP447.4m for the first six months of 2019. Pretax profit advanced 30 per cent to GBP39.5m, compared t...
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LafargeHolcim launches CO2MENT project in Canada
LafargeHolcim launched its CO₂MENT project in Canada this week. The objective is to build the world’s first full-cycle solution to capture and reuse CO 2 from a cement plant w...
Cement demand in Spain down 3% in June
Cement consumption in Spain fell 2.9 per cent to 1.2Mt in June 2019, the first drop in monthly demand since November 2018. The drop has been attributed to a slow public works s...
GCC announces overall increase in sales for 1H19
Mexico's Grupo Cementos de Chihuahua (GCC) has announced a 1.3 per cent YoY increase in sales to US$403.9m for the first six months of 2019, against US$398.8m in the year-ago p...
Askari seeks minning lease approval
Askari Cement Ltd (ACL) has submitted an application to Environmental Protection Agency (EPA), Government of Punjab to seek environment approval under section 12 Punjab Enviro...
Sephaku Holdings CEO to resign
The CEO of South Africa-based Sephaku Holdings, Dr Lelau Mohuba, has informed the company’s board of his intention to resign with effect from 31 December 2019. Dr Lelau was ...
Udaipur Cement Works sees 56% surge in revenue
India’s Udaipur Cement Works has reported a 56.4 per cent YoY increase in total revenue for the 1QFY19-20 to INR2.02bn (US$29.3m), against INR1.29bn in the year-ago period. N...
Medcem Cameroon increases share capital to XAF17.5bn
Medcem Cameroon (Eren Holdings) has increased its capital from XAF400m to XAF17.5bn (US$679,000 to US$29.7m).The increase has created 1.759m new shares with a nominal value of ...
INSEE Cement Sri Lanka launches its Sustainability Report 2018
INSEE Cement Sri Lanka has launched its first Global Reporting Initiative (GRI) by releasing its inaugural Sustainability Report 2018. Sudashini Christopher, company communic...
Construction starts on new 1.5Mta Uzbek plant
Construction of a new cement plant in Yanguikurgan district in Namangan region of Uzbekistan has been started. The works has a capacity of 1.5Mta and is built on a 40ha plot. ...
Giampiero Pesenti passes away
Giampiero Pesenti, honorary chairman of Italmobiliare, passed away aged 88 on 22 July at his home in San Vigilio, Italy. He joined the Board of Directors in 1967, becoming ch...
Dangote Cement launches Nigerian promotion to boost cement sales
Dangote Cement Plc has launched its 'Bag of Goodies Promo' in Nigeria to increase cement sales. The cement producer is offering scratch cards with every cement bag to give away...
HeidelbergCement looks back at 2018 sustainability achievements
HeidelbergCement has published its 2018 sustainability report in which it lays out its plans to produce CO2-neutral concrete by 2050 and its achievements in the area of sustain...
Tabuk Cement records 48% sales surge in 2Q19
Saudi Arabia’s Tabuk Cement has reported a SAR9m (US$2.4m) net profit for the second quarter of 2019, against a loss of SAR36.1m in the 2Q18. The company’s sales saw a 48.2 p...
TCK announces 42% fall in net profit
Bosnia's Tvornica Cementa Kakanj (TCK) has announced that its net profit fell 42 per cent YoY to BAM5.3m (US$3m) for the 1H19, compared with BAM9.1m in the year-ago period. Op...
Holcim Argentina to replace 35% of energy with wind power
Holcim Argentina has signed a contract with YPF Luz to replace 35 per cent of its conventionally-sourced energy with wind power. This translates to 142,000Mwh per annum of dema...
Eurocement Group to offer polypropylene packaging
The Eurocement Group will provide customers with the opportunity to purchase ared cement in high-quality polypropylene (PP) bags as result of a strategic cooperation between Eu...
UAE cement producers sign cooperation agreement
Al Ain Cement Factory (Arkan Cement Group) and National Cement Factory, owned by Lttihad International Investments, will collaborate on as 'partners of choice' under a new agre...
Titan Cement International makes debut on Brussels, Paris and Athens stock markets
Titan Cement International SA, the new parent company of Titan Group, made its official debut in the stock markets of Euronext Brussels, Athens Stock Exchange and Euronext Pari...
Dalmia Cement responds to 'net zero' emissions call
Dalmia Cement is among 28 companies that have agreed to set up a firm commitment to targets that are aligned with limiting global temperature rises below 1.5˚C and to reach net...
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