Shree Cement records 21% revenue increase
India's Shree Cement has announced that its net profit fell 10 per cent YoY in the third quarter of FY18-19 ended 31 December, declining to INR3.01bn (US$42.28m) from INR3.33bn...
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Fiji receives clinker imports from Japan
The Tasman Sea, a bulk carrier registered under a Hong Kong flag, docked at Lautoka Port to off-load clinker for the Tengy Cement Factory in Naikabula and is expected to arr...
Raysut Cement begins operation of new digital solutions
Oman’s Raysut Cement Co (RCC) has begun operation of its new SAP ERP suites after five months of implementation. The SAP S/4 HANA and SAP SuccessFactors suites will help boost ...
Pakistan cement exported 0.625Mt of cement in December 2018
Pakistan's cement industry received foreign exchange revenue of US$25.89m by exporting 624,714t of cement during the month of December 2018, compared to US$26.77m at 635,192t i...
Menzel supplies slipring motor for Canadian customer
Menzel Elektromotoren has supplied a spare motor to a Canadian cement plant. It equipped the plant with a 4.5MW motor from stock and built an extended shaft. The new slipring ...
EAPCC denies reports of potential acquisition
Kenya’s East African Portland Cement Co (EAPCC) has denied recent reports that it was in early-stage talks with LafargeHolcim about a potential acquisition. "It has never fea...
Spain's cement demand up 9% in November
Spain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease wa...
Sinoma Energy to supply Athi River plant
China’s Sinoma Energy Conservation has signed a KES25.5bn (US$251m) deal to power Devki Group’s Athi River cement plant and its Mombasa-based raw steel processor. Sinoma ann...
FLSmidth transports largest-ever WPV gear unit to Bangladesh
FLSmidth MAAG Gear began transporting the largest WPV gear unit ever, with a weight of 215t, from Hamburg harbour towards Bangladesh last week. Due to its substantial weight, a...
Captive power plant commissioned for Samawa Cement
Six MAN Energy Solutions 18V32/40 engines have been commissioned at Samawa Cement, Iraq. The power engines will produce 54MW of electrical energy to power the cement plant owne...
Vicat closes acquisition of Ciplan
Vicat Group has announced the closure of its Ciplan acquisition and now holds a 64.7 per cent stake in the company. The deal was structured through a reserved capital increa...
Cement price rise concerns Philippine housing developers
Housing developers in the Philippines have become alarmed at the sudden rise in cement prices in the last few weeks. The Organization of Socialized and Economic Housing Develop...
Chinese manufacturer to enter Sri Lankan market
A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and...
Profit of Attock Cement falls in 6MFY19
Attock Cement Pakistan Ltd (ACPL) has announced earnings of PKR816.79m (US$5.8m) for the half year ended December 2018, a fall of 29 per cent YoY, as compared to PKR1.152bn ear...
MI Cement to set up new 8400tpd line
Bangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected...
Bangladesh's cement export revenue continues to decline 6MFY19
Bangladesh's cement industry recorded a fall of 6.7 per cent in export revenue to US$5.75m during the first six months of FY18-19 (July-December 2018) compared to US$6.16m, ear...
Cement production in Pakistan dips during 5MFY19
Pakistan Bureau of Statistics (PBS) has reportged numbers of quantum index of the Large Scale Manufacturing (LSM) which posted a cumulative decline of 0.90 per cent YoY during ...
FDI declines in cement and construction industry in 6MFY19
Pakistan received a total foreign direct investment (FDI) of US$1.31bn during the first six months of FY18-19 (July -Dec), compared to US$1.63bn received in corresponding month...
Bangladesh cement industry to expand despite rise in raw material costs
The Bangladeshi cement industry is expanding its capacity despite increases in raw material costs. In 2017 the effective capacity of active plants stood at about 50.20Mta, whic...
Saudi producers to benefit from Neom Bay construction start-up
Saudi Arabia will start developing the first major area of Neom, the kingdom's multi-billion dollar mega-city, from 1Q19. The founding board of Neom, chaired by Crown Prince Mo...
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