Brazil cement sales fall 3% YoY in July
Domestic cement sales in Brazil slipped 2.5 per cent to 4.589Mt in July when compared with the year-ago period when sales reached 4.709Mt, according to the country’s cement ass...
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Chia Hsin Cement Corp profit surges in 2Q18
Chia Hsin Cement Corp reported a rise of 15 per cent in its revenues for the 2Q18 to TWD529.67m (US$17.2m) from TWD460.547m. Pretax profits increased from TWD28.99m in 2Q17 t...
Suez Cement reports net profits of EGP250m in 1H18
Suez Cement reported EGP250.59m (US$14m) in net profits for the six-month period ended June, against a loss of EGP40.61m in the year-ago period, according to a filing to the Eg...
ResourceCo opens Sydney waste-to-fuel plant
A new multi-million dollar waste-to-fuel plant has been opened in Sydney at Wetherhill Park by ResourceCo in a joint venture with Cleanway, an industrial and environmental serv...
Taiwan Cement posts record quarterly profits
Taiwan Cement Corp posted a record 2Q profit, due mainly to higher cement prices in China, rising sales and increased contribution from its China-based subsidiary, TCC Internat...
Sri Lanka’s Tokyo Cement reports increased loss
Tokyo Cement Plc reported losses of LKR605m (US$3.78m) in the June 2018 quarter as revenues fell and the sale of a vessel added LKR380m to the losses already sustained. In th...
Shree Cement gets Raipur coal linkage
India’s Shree Cement was awarded the coal linkage for its Raipur plant in Chhattisgarh. The contract for Grade 7 coal was awarded to the cement producer following a e-auction. ...
FLSmidth witnesses slow growth in cement sector
This week FLSmidth released its 1H18 report in which it reported revenues of DKK8.965bn (US$1.37bn), edging up from DKK8.956bn in 1H17 and a roughly stable gross profit of DKK2...
Loma Negra reports 2Q18 net revenues up 37%
Loma Negra reports its 2Q18 net revenue increased 37.2 per cent to ARS4.757bn (US$169.4m) in 2Q18, from ARS3.467bn in the comparable quarter last year. Cement, masonry and li...
Deshbandhu Group awards contract for 1500tpd plant
Guangdong Power Engineering Co Ltd, an arm of Energy China, has won a contract to construct a 1500tpd cement plant for the Bangladesh-based Deshbandhu Group. The company is n...
Riddhi Siddhi's Nepal plant nears completion
Nepal’s Riddhi Siddhi Cement is planning to start commercial production at one of the country’s largest plants in Makawanpur within two months, as 80 per cent of the constructi...
Opposition to Alpha Cement project grows
Some 200 residents of Aung Tha Pay village in Myanmar plan to march on the capital of Nay Pyi Taw to protect against Alpha Cement's construction of a new coal-fired cement plan...
Moroccan cement market expands 13% YoY in June
Moroccan cement consumption fell 2.9 per cent in the first half of 2018 to 6.57Mt when compared with 1H17. However, in June alone, domestic demand increased by 13 per cent fr...
US/Puerto Rico Portland and blended shipments up 7% in May
Total shipments of Portland and blended cement in the USA and Puerto Rico advanced 6.5 per cent to 9.4Mt in May 2018, according to the US Geological Survey. Texas, Californi...
Eagle Cement Corp grows net profits by 5%
Philippine-based Eagle Cement Corp grew its net profit by five per cent YoY to PHP2.3bn (US$43.3m) in the 1H18 with higher sales volume compensating for lower selling prices. ...
Uzbekistan prices rise above UZS700,000/t
Cement prices in Uzbekistan exceeded UZS700,000/t (US$89.96/t) in July, according to Uzbekistan Newsline. The highest prices for the material were recorded in Karakalpakstan (U...
Cemex Latvia's turnover rises 35% with strong export sales
Cemex generated EUR78.067m turnover in Latvia in 2017, up 34.6 per cent against 2016, selling 970,000t of cement, while the copany's share of export sales grew to 70 per cent. ...
Taiheiyo Cement records 32% net profit increase in 1QFY18-19
Taiheiyo Cement has announced a 5.9 per cent YoY increase in revenue to JPY211.34bn (US$1.9bn) in the first quarter of FY18-19 ended 30 June, compared with JPY199.61bn of the y...
Tabuk Cement turns to losses in 2Q18
Saudi Arabia’s Tabuk Cement Co has reported net losses of SAR36.08m (US$9.6m) in the 2Q18, against profits of SAR1.29m in the equivalent period of the previous year. For the...
Venezuela’s San Sebastián works sees production plummet
Invecem’s San Sebastián de los Reyes cement plant in Aragua, Venezuela, has been out of action for three weeks as workers protested regarding wages and the lack of investment i...
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