Exports seek solutions for stalled export to India
Exports of cement and other commodities from Pakistan to India have been impacted following imposition of 200 per cent import duty by New Delhi on the aftermath of recent terro...
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Southern Province Cement reports fall in 2018 profit
Saudi cement producer Southern Province Cement Co reported a xx per cent drop in its net profit (after tax and zakat) to SAR195m (US$52m) in 2018 from SAR370m the previous year...
Oman eyes on boosting minerals explorations
The Government of Oman is planning to explore and enhance the production of minerals including raw materials for the cement industry. According to local media, Oman's mining au...
More promising outlook forecast for Pakistan cement sector
According to a report of Spectrum Securities Ltd, Pakistan's cement industry is expected to improve its margins going forward as the impact of higher interest rates and devalua...
GCCA launch Global Cement and Concrete Industry Women's Network
On International Women's Day, the Global Cement and Concrete Association (GCCA) announces the launch of a 'Global Cement and Concrete Industry Women's Network'. The sector in...
TCMB analysis of Turkish cement sector
This week, Nihat Ozdemir, chairman of the Board of Directors of the Turkish Cement Manufacturers' Association (TCMB), spoke on the priorities of the Turkish cement sector as we...
Raysut Cement's production rises 14% in FY18
Raysut Cement Co of Oman has released consolidated financial statements for the year ended 31 December 2018, reporting that it produced 3.398Mt of clinker and 3.326Mt of cem...
French cement market expands despite housing start drop
Cement demand in France rose by an estimated 2.5 per cent to 18.6Mt in 2018, according to SFIC, the country’s cement association. In 2017 the market expanded by 4.5 per cent. ...
Lafarge Malaysia to benefit if East Coast Rail Link is revived
Lafarge Malaysia Bhd is in a great position to benefit from a resumption of the East Coast Rail Link's (ECRL), because the cement manufacturer has won contracts under the proje...
Cementarnica Usje announces fall in 2018 net profit
Macedonia’s Cementarnica Usje has reported a four per cent fall in non-consolidated net profit to MKD1bn (US$18.4m) in 2018. The company’s total operating revenue remained fair...
Loma Negra reports rise in net revenue
Argentina’s Loma Negra has reported a 7.9 per cent YoY increase in net revenue to ARS26,807m (US$789m) in 2018, compared with ARS24,839m of the previous year. Adjusted EBITDA c...
Lucky Cement revenues slip 15% in February
Taiwan-based Lucky Cement report revenues in February of TWD168.065m (US$5.4m), down 14.9 per cent when compared with TWD197.481m in February 2018. Revenues in the first two ...
LafargeHolcim reports positive 2018
LafargeHolcim has announced that its net sales increased 5.1 per cent on a like-for-like basis to CHF27,466m (US$27,344m) for 2018. Recurring EBITDA finished at CHF6016m, up 3....
LafargeHolcim Algeria ships first white cement exports to South Africa
LafargeHolcim Algérie loads its first white cement shipment onboard for export LafargeHolcim Algérie has carried out its first exports of white cement from Oran, A...
Sephaku Cement sees 6% FY18 cement volumes fall
Sephaku Cement (Dangote Group) reported FY18 cement volumes fell by 6.4 per cent YoY in South Africa. Revenue also fell 3.1 per cent to ZAR2.2bn (US$153.9m) compared with ZAR2....
Dangote Cameroon cement sales stable at 1.2Mt in 2018
Dangote Cement sold 1.2Mt of cement in Cameroon in 2018, reflecting stable sales when compared with the previous years, according to the Nigeria-based company. Dangote Camero...
Eagle Cement records net profit increase in 2018
Philippines-based Eagle Cement Corp has recorded a 13 per cent YoY rise in net profit to PHP4.8bn (US$91.98m) in 2018, on the back of a double-digit expansion in sales volume. ...
Suez Cement returns to profitability in 2018
Egypt’s Suez Cement reported a net profit of EGP121.43m (US$6.95m) in its full-year 2018 consolidated results, compared with a loss of EGP1.13bn in the previous year. Sales inc...
India records cement price increase in February
Cement prices across India rose by around INR25/50kg (US$0.35/50kg) last month on the back of increased demand, reports The Hindu Business Line. The southern region recorded ...
Oficemen predicts slower market expansion in 2019
Cement consumption in Spain expanded by eight per cent in 2018, resulting in a domestic demand of 13.4Mt, according to the country’s cement association, Oficemen. For 2019, the...
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