CTP Team Srl wins two ESP to baghouse projects in Pakistan
Pakistan-based cement producers Popular Cement and Cherat Cement have chosen CTP Team Srl for the company's expertise in de-dusting and air filtration system to carry out emi...
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First ORC WHR plant for Turkey
Cimko Narli cement works, owned by Sanko Holding, has awarded the turnkey contract for a waste heat recovery-based power plant to CTP Team, Italy. The facility will use orga...
InterCement sells Portugal operations in further deleveraging
To help reduce its indebtness, InterCement is leaving the European market. Controlled by Mover Participações (current holding company of the Camargo Corrêa group), the company ...
Siam Cement Group's Philippine sales rise 46% July-September 2018
Siam Cement Group (SCG) of Thailand has reported a cement sales increase between July-September 2018 of 46 per cent, boosted by the government's 'Build, Build, Build' in the Ph...
Carribbean Cement 9M revenues up 8%, net profit down 28%
Caribbean Cement Co Ltd reported revenues of JMD13.239bn (US$98.4m) in 9M18, up 7.9 per cent from JMD12.265bn in the year-ago period. EBITDA rose 58.8 per cent from JMD2.429b...
Aditya Birla Group announces US$5bn capex plan
India's Aditya Birla Group, parent of UltraTech Cement, has announced US$5bn capex plans over the next three years for its businesses both in the domestic market and abroad. ...
CMA meets with government Commerce and Industry advisor
During a meeting on 27 October, Pakistan's Cement Industries Association (CMA) has informed the the country's Advisor to the Prime Minister on Textile, Commerce, Industry, Prod...
Increased export revenue MoM and YoY for Pakistan producers in 3MFY19
According to the Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$29.05m by exporting 671,913t of cement during September compared...
Bilfinger awarded Bardon Hill contract by Aggregate Industries
Bilfinger, a Germany-based industrial services provider, has won an order from Aggregate Industries to assist with the expansion of Bardon Hill quarry in the UK. The contract i...
France sets the pace with quick-build grinding plants
This week CemNet reported on the inauguration of Cem'In'EU's first grinding plant at Alienor Ciments in Tonneins in the southwest of France. The 0.24Mta plant is one of five ...
LafargeHolcim 3Q18 sales grow by 5.8%
LafargeHolcim reports that its 3Q18 results saw like-for-like net sales grow by 5.8 per cent and by 5.1 per cent in the first nine months of 2018 compared to the prior-year per...
Cemex's gearing continues to decline to 89%
During the first nine months of the year, Cemex cement shipments improved by 3.2 per cent to 52.69Mt, while ready-mixed concrete deliveries advanced by 3.7 per cent to 40.07Mm²...
KHD wins German raw mill modernisation project
Thomas Zement has awarded KHD Humboldt Wedag GmbH a brownfield EPC contract for upgrading its raw material grinding plant in Erwitte, Germany. This fast track project compris...
Pioneer Cement sees profits fall by 38% in 1QFY19
Pioneer Cement Ltd (PCL) announced its financial results for the 1QFY19 on 25 October. It posted a profit fall to PKR257m (US$1.93m), down by 38.4 per cent YoY, as compared to ...
Cemex Latin American Holdings sees weak volumes
Cemex Latin American Holdings saw turnover for the first nine months decline by 8.6 per cent to US$848.5m and EBITDA fell by 22.3 per cent to US$187.7m, with the margin coming ...
Carthage Cement records 29% increase in turnover
Tunisia’s Carthage Cement has recorded a 29 per cent YoY increase in turnover to TND171.5m (US$59.84m) for the 9M18. This means that the company has reached the annual turnover...
PT Holcim Indonesia Tbk shares rise steeply
The stock price of PT Holcim Indonesia Tbk rose steeply in trading this week. Rumours related to the divestment of shares owned by LafargeHolcim in Indonesia raised optimism in...
DG Khan Cement 1QFY19 earnings fall by 85%
DG Khan Cement Company Ltd (DGKC) of Pakistan announced its financial results for 1QFY19 with unconsolidated earnings falling at PKR418m (US$3.1m), down by a substantial 85 per...
Refratechnik joint venture strengthens its raw material resources
Refratechnik, Haicheng Guotian Mining and Yingkou Jinlong Refractories have signed a joint venture contract for the production of high-grade caustic calcined magnesia (CCM) and...
Vietnam market expands 23% YoY in September
Domestic cement sales in September rose 23 per cent YoY in September 2018 to 5.313Mt, according to data published by the Vietnam National Cement Association (VNCA). MoM a decre...
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