Bangladesh records a 20% fall in export revenue
Bangladesh's cement industry has recorded a 20.4 per cent decline in export revenue to US$8.82m during the 10MFY18-19, compared to US$11.08m of the corresponding period of the ...
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JSW Cement plans to double green cement capacity
India’s JSW Cement Ltd plans to double its green cement capacity over next couple of years. At present, the company produces green cement at its Salboni unit in West Bengal to ...
ARM Cement's Kenyan assets sold to National Cement
The Kenyan assets of ARM Cement have been sold to National Cement Co for US$50m, according to a statement by its administrators. The transaction is subject to regulatory approv...
Uzbekistan blocks export of Kyrgyz cement
Uzbekistan blocks export of cement from Kyrgyzstan, MP Azamat Arapbaev said at the meeting of the Kyrgyz parliamentary committee of economic and fiscal policy, according to Cen...
thyssenkrupp announces new country CEO of Saudi Arabia
thyssenkrupp Industrial Solutions has announced that Volker Hellberg has succeeded Thomas Dreiling as its country CEO in Saudi Arabia. Mr Hellberg has a long track record in th...
Cementos Portland Valderrivas and AICIA sign R&D agreement
Spanish cement producer Cementos Portland Valderrivas (CPV) and the Association for Research and Industrial Cooperation of Andalucía (AICIA) have signed an agreement to jointly...
China’s Gansu Hengya Cement Co to help build new Samarkand plant
China-based Gansu Hengya Cement Co will participate in a new 1.2Mta cement plant in the Kattakurgan district of Samarkand, Uzbekistan, according to a report by Trend News Agenc...
Cementarnica Usje records 47% rise in net profit for 1Q19
North Macedonia’s Cementarnica Usje (Titan) has announced that its consolidated net profit rose 47 per cent YoY to MKD138.8m (US$2.5m) in the first quarter of 2019. Total opera...
El Sewedy Cement sells Sinai Cement stake
Egypt-based El Sewedy Cement has sold its entire stake of 7.476 per cent in Sinai Cement’s capital for EGP41.97m (US$2.46m), or at an average price of EGP8.25/share, EFG Hermes...
Pakistan's cement export value rises 31%
Pakistan’s cement export revenue for the first 10 months of the current fiscal observed a YoY growth of 30.9 per cent and 52.3 per cent in terms of dollar value and quantity, r...
EGA completes new spent pot lining plant
UAE-based Emirates Global Aluminium (EGA) has announced the completion of a new AED15m (US$4.1m) pre-treatment and crusher facility for spent pot lining (SPL) in Al Taweelah, A...
Asia Cement Corp announces 54% rise in net income
Taiwan’s Asia Cement Corp saw a 54.4 per cent surge in net income for the first quarter of 2019 at TWD2.93bn (US$93.6m). Analysts has claimed that the results were mainly due t...
Pakistan records 6% fall in cement production
Pakistan's cement industry has recorded a 5.5 per cent YoY fall in production during the 9MFY18-19 from 31.22Mt to 29.52Mt, reportedly due to a drop in local demand amongst oth...
Chilean dispatches up 20% YoY in March
Chilean cement producers dispatched 398,132t of cement in March 2019, up 20 per cent from 331,802t in February 2019, according to the Chilean Chamber of Construction (CChC). Wh...
Shree Cement sees 14% revenue increase and plans new capacity
India’s Shree Cement has announced a 19.6 per cent YoY fall in net profit to INR3.21bn (US$46.18m) for the 4QFY18-19. However, revenue increased 14.2 per cent to INR33.29bn fro...
Sonacim appoints new Deputy Director General
Société Nationale de Ciment du Tchad (Sonacim) has appointed Faïtchou Etienne as Deputy Director General. State-owned Sonacim runs a 0.21Mta cement works at Baoré, 200km of t...
JK Cement sees 55% rise in 4Q net profit
India-based JK Cement reported a 55 per cent rise in net profit to INR1.5bn (US$21.5m) for the fourth quarter ended March 2019 when compared with INR960m in the 4QFY17-18. Th...
Burnpur Cement posts net loss of INR31.2m in 4QFY18-19
Indian cement producer Burnpur Cement has reported a net loss of INR31.2m (US$448,725) in the fourth quarter of FY18-19. This compares to a net loss of INR39.5m posted in the p...
YTL executives appointed to Lafarge Malaysia board while CEO resigns
Yeoh Khoon Cheng has resigned as CEO of Lafarge Malaysia although he will stay on as the group’s executive director. In addition, Lafarge Malaysia Vice Chairman, Martin Krieg...
Cement needs collaborative approach to environmental challenges
This week, HeidelbergCement reported that it was the first cement producer to have its CO 2 reduction targets validated to 2030 , while the Low Emissions Intensity Lime And C...
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