Argentina's cement demand falls 6% in July
Argentina’s cement market contracted by 6.3 per cent in July 2018 when compared with the previous year, according to the country cement association, AFCP. Domestic consumption ...
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Government of Himachal Pradesh to approve white cement mining lease
The government of Himachal Pradesh is to approve a mining lease for the set-up of a white cement plant. FCI Aravali Gypsum and Minerals India Ltd (FAGMIL), a central public sec...
Umm Al Qura Cement records 98% profit decline
Saudi Arabia-based Umm Al Qura Cement Co (UACC) has seen its profit drop 97.6 per cent YoY in the second quarter of 2018, falling to SAR199,600 (US$53,226) from SAR8.4m. The si...
Central African Cement Ltd established to build 5000tpd plant in Zambia
ZCCM-Investment Holdings has announced that it has signed a shareholders' agreement with China Machinery Construction Group Ltd, also known as SinoConst, for the development of...
FLSmidth reports 13% order increase in 2Q18
FLSmidth has released its interim 2Q18 report and reported a 13 per cent order increase to DKK5.056bn (US$787.86m) for the period, driven by over 100 per cent growth in the min...
Kazakhstan cement output increases to 4.6Mt in 1H18
Production at Kazakh cement plants rose 11.5 per cent YoY to 4.634Mt of cement in the first half of 2018. In 2017 domestic output reached 4.156Mt, up 1.5 per cent from 4.094M...
McInnis Cement in search for new President CEO
Hervé Mallet is leaving McInnis Cement after nearly two years as its President and CEO. Mr Mallet was appointed in November 2016 to straighten out the company which was struggl...
Pakistan cement companies recognised for corporate and sustainability reports
The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) have awarded Best Corporate and Sustainability Rep...
Vicat sees strong growth in net profit
Vicat's 1H18 turnover improved by 2.7 per cent to EUR1281m, or by 9.6 per cent on a comparative basis. EBITDA advanced by 4.5 per cent to EUR197m, or by 12.3 per cent on a comp...
Coal India to supply cement industry through e-auctions
Coal India will supply 4.65Mta to the cement industry for five years through e-auctions starting on Tuesday, according to a senior executive at the company. Of the 4.65Mt on...
Fauji Cement to set up solar power plant
Fauji Cement Company Ltd (FCCL) has informed Pakistan Stock Exchange (PSX) on 3 August 2018 that its Board of Directors in a special meeting discussed and approved setting up ...
Sumitomo Osaka Cement records 10% revenue increase in 1QFY18-19
Japan’s Sumitomo Osaka Cement Co recorded a 10 per cent YoY revenue increase in the first quarter of the FY18-19 period, rising to JPY60.19bn (US$540.56m) from JPY57.35bn. Ho...
Aceh's coastline damaged by PT Lafarge Cement Indonesia's coal spill
PT Lafarge Cement Indonesia, (LafargeHolcim) is likely to face a hefty environmental clear up bill after a barge spilt 700t of coal off the Sumatra coast, polluting beaches, da...
Eastern Cement records 46% fall in 2Q18 profit
Saudi Arabia’s Eastern Province Cement Co has recorded a 45.7 per cent YoY decline in net profit for the 2Q18, falling to SAR19m (US$5.06m) from SAR35m. Sales dropped 4.4 per c...
Eagle Materials sees record revenues
Eagle Materials Inc saw its 1QFY18-19 revenues hit record levels at US$393.8m, up eight per cent YoY. Net earnings rose 12 per cent from US$54.882m in 1QFY17-18 to US$66.339m i...
Birla Corp plans 3.9Mta plant in Maharashtra
India's Birla Corp Ltd has announced that its RCCPL subsidiary plans to set up a 3.9Mta facility in Mukutban, Maharashtra, at an investment cost of INR24.5bn (US$356.8m). The p...
Pakistan cement sales up 5% YoY in July
Cement sales in Pakistan increased 5.1 per cent in the first month of FY18-19. In July, total cement dispatches rose to 3.554Mt from 3.382Mt in July 2017, according to the All ...
New plants to be constructed in Uzbekistan
A Tajikistan-based cement producer has announced plans to construct a facility in Surxondaryo, Uzbekistan, in the near future, according to Kazakhstan Newsline. "The plant wil...
Ethiopian cement industry faces persistent challenges
While the Ethiopian cement industry has expanded significantly and changed from being a net importer to a net exporter, the industry faces continued challenges, according to Ha...
FLSmidth signs two large cement plant contracts in Central America
FLSmidth has been awarded two new contracts for greenfield and brownfield cement plants in Central America. Both US$100m+ contracts include design and engineering, equipment su...
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