Akmenes Cementas records 18.9% surge in revenue
Lithuania’s Akmenes Cementas saw an 18.9 per cent rise in revenue to EUR67.3m in 2018, compared to EUR56.6m in the previous year. The volume of cement sales also increased 12 p...
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South Central Railway looks to boost cement freight in FY18-19
India’s South Central Railway (SCR) has set a new target to boost its cement freight to 27.5Mt in the FY18-19, up from 25.82Mt of the previous year. The company has already tra...
Cement companies show positive performance in CDP ranking
International organisation CDP has released its annual ‘A List’ which names the world’s leading businesses and scores them on their approach to climate change, water security a...
Safeguard measures placed against imports into Philippines
The Philippine’s Department of Trade and Industry (DTI) has begun preliminary safeguard measures against cement imports from Vietnam amongst other countries. As such, the DTI a...
Cherat Cement Company completes third line
Cherat Cement Company Ltd (CCCL) informed Pakistan Stock exchange (PSX) earlier this week that it has successfully installed and commissioned the third production line, whic...
Cemento Polpaico reports CLP2.1bn loss in 2018
Chilean cement producer Cemento Polpaico, in which the Hurtado Vicuña family holds the controlling stake, has reported net losses of CLP2.139bn (US$3.2m) in 2018, exacerbating ...
Geocycle Albox plant processes waste to 53,000t of AF
Geocycle, part of the LafargeHolcim group, produced 53,000t of alternative fuels, the highest in 10 years, at its Albox plant in Spain as it processed 49,000t of waste, up 20 p...
National Cement continues to plot a successful course in east Africa
This week, China's Sinoma Energy Conservation announced that it has a contract with National Cement Co Ltd (Devki Group) to build a new waste-heat power project at its Athi R...
Tanzanian mega cement plant construction to begin soon
The Tanzania Investment Centre (TIC) confirmed that it has supplied Sinoma and Hengya Cement (T) Ltd with the requisite incentives to begin construction of the company's US$1bn...
UltraTech increases net profits to INR92.6m in 3QFY19
UltraTech reported net sales of INR92,580m (US$1.299bn) in 3QFY19 up 19 per cent from INR77,790m in 3QFY19. Profits before interest, depreciation and tax was INR15,480m, up fro...
Cyprus sets 24% reduction goal in greenhouse emissions by 2030
The government of Cyprus has approved a draft National Plan for Energy and Climate to see a reduction of 24 per cent of greenhouse gases in the country by 2030, compared to lev...
Ukraine cement output slips 1% in 2018
The production of cement in Ukraine has fallen by one per cent to 8.926Mt in 2018 when compared with the previous year, according to the State Statistics Service. In 2017 Ukrai...
Qatar National Cement profits rise 6% in 2018
In a filing to the Qatar Stock Exchange, Qatar National Cement reported a 53.4 per cent YoY increase in fourth-quarter profits to QAR129.03m (US$35.4m) and a 6.4 per cent YoY r...
Cement demand in Vietnam slips 1% YoY
Total cement demand in Vietnam fell to 5.828Mt in December 2018, down by one per cent YoY, but up three per cent when compared with November 2018, according to the latest data ...
Gambia raises tax on Senegalese imports
Gambia has imposed a new import tax regulation on cement being imported from Senegal that has exacerbated the shortage of cement and increased prices in the country. Both the...
Tender process begins for new Papa New Guinea project
A successful definitive feasibility study has been carried by Mayur Resources Ltd for a cement plant near Port Moresby, Papua New Guinea. The project is expected to include the...
FLSmidth signs contract for 5000tpd Ethiopian plant
FLSmidth has signed a contract with Abay Industrial Development SC for a greenfield cement plant near Dejen, Ethiopia. The order is valued at around EUR100m and includes the...
Carthage Cement revenues up 37% in 2018
Carthage Cement reported a turnover of TND237.2m (US$79.6m) in 2018, an increase of 37 per cent when compared with a turnover of TND173m in 2017. Clinker output rose by 13 pe...
Republic Cement to commission two new cement mills in 2019
Philippines-based Republic Cement Services Inc (RCSI) plans to commission two finish mills this year, adding 2Mta to its 7Mta current capacity. The investment is estimated to h...
Ghacem targets 3Mta cement production in 2019
Ghacem says it is working to reach a production of 3Mta in 2019. The Ghanian manufacturer expects to distribute 60 million bags of cement this year, up by four million on 2018,...
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