Udayapur Cement back in production
Following a month-long renovation and upgrade, Nepal’s government-owned Udayapur Cement has resumed production. The renovation was the first in the plant’s 31-year history an...
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Yanbu Cement 3Q profit slips
Yanbu Cement posted 3Q revenues of SAR153m (US$40.8m), down 11.6 per cent YoY when compared with SAR173m reported in 3Q17. The Saudi cement producer’s net profit (after zakat...
Southern Province Cement's net profits fall to SAR3.5m in 3Q18
Southern Province Cement (SPC) reported a net profit of SAR5.3m (US$1.41m) in 3Q18, down 65 per cent QoQ and down 91 per cent YoY. "...with the current economic situation, ...
Calicom Industries applies to acquire Dandot Cement
Dandot Cement Co Ltd (DCCL) has informed Pakistan Stock Exchange that the company has received a firm intention from Calicom Industries (Pvt) Ltd, Lahore to its acquire control...
The European Climate Foundation releases CO2 emissions report
There is a significant saving potential of up to 80 per cent of CO 2 emissions in the cement sector by making use of efficiency measures along the whole value chain, without c...
1QFY19 remains gloomy for cement industry in Pakistan
Pakistan's cement sector net earnings have dropped by 38 per cent YoY to PKR8.224bn (US$62m) in 1QFY19 on the back of a number of factors, including a surge in international...
Flying Cement 1QFY19 profits rise by 43%
Pakistan's Flying Cement Co Ltd (FCCL) announced its financial results for the 1QFY19 on 30 October. It posted an increase in profit to PKR3.02m (US$22,682), up by 42.62 per ...
Jindal Steel and Power to enter cement market
Jindal Steel and Power (JSP) plans to establish a 2Mta cement plant near its Angul steel plant in Odisha, India. The company has already purchased the land for the plant, which...
Caribbean Cement's debt repayments hurt 3Q18 results
Caribbean Cement has blamed finance costs linked to debt owed to Cemex as well as volatile currency movements for its lower profits in 3Q18. The company's 3Q18 sales amounte...
Confidence Cement to install slag dryer, close Line 1
Bangladesh-based Confidence Cement will install a new slag dryer at its cement plant in Sitakunda to ensure uninterrupted production of the existing Lines 2 and 3. In additio...
Kohat Cement expansion works on schedule
The installation of Kohat Cement Co Ltd's new 7800tpd grey cement line is making good progress at the existing plant in the Khyber Pakhtunkhwa province, Pakistan, according ...
Pacific Cement faces clinker price rises
Pacific Cement, a subsidiary of Fijian Holdings Ltd, is finding the rise in clinker prices a strain on its business. FHL CEO, Nouzab Fareed, says the company is trying to addre...
Cementos Pacasmayo net income drops 14% in 3Q18
Cementos Pacasmayo saw its revenues fall by 4.4 per cent to PEN318.8m (US$95.2m) in 3Q18, mainly due to change in mix of products sold and to a slight decrease in prices. It ...
CEMBUREAU takes stock of Low Carbon Road map 2050 objectives
C EMBUREAU recently hosted its 'Low Carbon Roadmap Progress towards the 2°C target' in the European Parliament, where it gave an industry update to MEPs. Five years ago the E...
Taiwan Cement to invest US$1.1bn in new joint venture
Taiwan Cement announced it will spend US$1.1bn to create a joint venture with Turkey’s OYAK in The Netherlands, via a newly-created subsidiary, Dutch TCC Holdings. Taiwan Cemen...
Gharibwal Cement's 1QFY18 profits fall to PKR269m
Gharibwal Cement Ltd (GCL) announced its financial results for the 1QFY19 on 29 October. It posted a decline in profit to PKR269m (US$20,194), down by 10.6 per cent YoY, as ...
Lucky Cement sees 9% turnover rise, 24% profit fall
Lucky Cement reported a 9.2 per cent rise in gross turnover for the quarter ended 30 September 2018 to PKR31.32bn (US$235.2m) from PKR28.68bn in the same quarter of the previou...
Kryvyi Rih plant orders ESP to baghouse conversion
CTP Team has recently signed a contract for the replacement of the existing electrostatic precipitator (ESP) with a modern bag filter with HeidelbergCement, a project to be car...
New plant planned for Adamawa state
The Adamawa Government in Nigeria has signed an agreement with Dangote Group and three foreign firms to establish cement factories in the state. Shanti Sashi, the state Commis...
Lao government revokes cement import licence
The Loa Ministry of Industry and Commerce has directed the departments of industry and commerce throughout the country to stop issuing import licences for cement. In future c...
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