Cemex's net sales rise by 7% in 2Q18
Cemex's net sales increased by seven per cent during the 2Q18 to US$3.8bn versus 2Q17. Operating EBITDA increaed by four per cent during 2Q18 to US$714m versus 2Q17. Cemex's C...
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Loesche wins order to supply two mills
Loesche has won an order from Seven Circle Bangladesh Ltd (SCBL) to supply a 400tph vertical roller mill for a new grinding plant in Gazipur, Dhaka. The mill will be used for g...
Caribbean Cement plans to restart exports next year
Jamaica's Caribbean Cement Co Ltd aims to restart exports next year following the completion of its expansion, according to the Jamaica Gleaner. The company stopped exports las...
Vietnamese demand jumps to 5.8Mt in June
Total cement consumption in Vietnam increased to 5.812Mt in June, representing a YoY rise of 126 per cent and a MoM fall of nine per cent, according to the Vietnam National Cem...
Exergy signs WHR contract with Cementi Rossi
Cementi Rossi SpA awarded Exergy the contract for a 3.5MW ORC waste heat recovery (WHR) system to be installed near the cement producer's plant in Pederobba, near Treviso, Ital...
Cemex Latam Holding sees net sales fall 8% in 2Q18
Cemex Latam Holdings (CLH) reports consolidated net sales of US$280m during the 2Q18, eight per cent lower than in 2Q17, while operating EBITDA reached US$62m, 19 per cent lowe...
Titan's 1H18 net profit rises 78.3% but turnover declines 7%
Titan Cement Group's 1H18 results showed a mixed performance with consolidated turnover reaching EUR712.5m, down EUR61.3m or 14 per cent on 1H17. Titan cited the strength of th...
Hail Cement and Tabuk Cement increase production
Saudi cement producers are beginning to raise production to contribute to the US$500 Neom megaproject, according to Mubasher. Tabuk Cement and Hail Cement lead the production i...
Siam Cement's 2Q18 profits down 6%
Siam Cement posted a six per cent drop in second-quarter profit on Wednesday, hurt by weak seasonal cement demand and its chemical business. Revenue from the cement and build...
Ambuja reports 27% rise in standalone net profit
India’s Ambuja Cement has reported a 27.3 per cent YoY increase in standalone net profit for the quarter ended 30 June, rising to INR4.99bn (US$72.62m) from INR3.92bn. Net sale...
Pakistan cement industry earns US$222.84m in 12MFY18
Pakistan cement industry observed a positive growth of 0.9 per cent and a contraction of -6.3 per cent in terms of quantity and value in dollars respectively between July and J...
GCC 1H18 sales rise by 11.4%
Grupo Cementos de Chihuahua (GCC) reports that its 1H18 sales increased 11.4 per cent to US398.8m, generating US$115m in EBITDA, up 22 per cent YoY. However, the company's net ...
Cimerwa plant upgrade should see cement prices start to fall
Cimerwa expects its cement plant upgrade to stabilise the domestic market after shortages sent the price of a bag of cement up nearly 50 per cent in recent months. Rwanda has r...
Molsabana to transport cement by rail
Colombia-based Molienda de la Sabana SAS (Molsabana) has signed a contract with Ibines Férreo, which will transport 320t of its cement every fortnight via the Bogotá-Belencit...
Jordan increases cement prices
Jordan’s five factories increased the price of cement to JOD74/t (US$104) from JOD38 on Sunday, according to The Jordan Times. The price hike is intended to end the accumulativ...
Ukraine cement production rises 5% in June
Ukraine has recorded a 5.2 per cent YoY increase in cement production to 1.025Mt in June, a rise of 0.2 per cent on the previous month. In the first half of 2018, however, pr...
Vietnam's Ministry of Construction opposes transfer of Quang Son to Vicem
Vietnam’s Ministry of Construction has opposed the Ministry of Industry and Trade’s proposal to transfer the 1.5Mta Quang Son facility from Vinaincon to Vicem, both state-owned...
Falcon Cement's 2017 revenue up 56%
Bahrain's Falcon Cement Company (FCC) has reported that its total income for 2017 rose to US$45.6m, while its net profit hit US$8.2m. "Despite challenging market conditions a...
ACC announces 11% YoY revenue increase in 2Q18
India’s ACC Ltd has announced an 11 per cent YoY rise in revenue to INR38.48bn (US$557.85m) in the 2Q18, while EBITDA advanced 10 per cent to INR5.4bn. Profit remained largely ...
Qatar Cement records 6% profit decline in 2Q18
Qatar National Cement recorded a six per cent YoY fall in net profit to QAR78.26m (US$21.5m) in the 2Q18, compared with QAR83.25m of the year-ago period. In the 1H18 period t...
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