Anhui Conch reports positive profit expectations
The Board of Anhui Conch has announced it expects to record a YoY increase of CNY5373-6717m (US$788.3-985.4m) in its net profit attributable to equity holders for the six month...
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Dangote Cement 1H18 revenues of NGN482.4bn
Dangote Cement Group reported 1H18 unaudited revenues of NGN482.4bn (US$1.33bn), up 16.9 per cent and group EBITDA up 20.8 per cent at NGN246bn. Joe Makoju, group CEO, comme...
Cementos Pacasmayo sees 10% rise in 2Q18 net income
Peru’s Cementos Pacasmayo saw its revenues rise 2.3 per cent YoY to PEN287.5m (US$87.8m) in 2Q18 as sales volumes of cement, concrete and precasts advanced 1.9 per cent YoY to ...
Orient Cement plans Telangana expansion
India’s Orient Cement Ltd has received the first stage of environmental clearance for its INR20bn (US$291m) project to expand its Telangana facility. Construction to increase c...
UltraTech to complete Century Textiles deal by February
UltraTech will issue 14m new equity shares to the shareholders of Century Textiles and Industries, which will increase its equity capital to INR2.8bn (US$42m). The deal is ...
Soboce well prepared for upturn Bolivian market
The Bolivian cement market remains dynamic and will receive a boost from the announcement that GDP will rise by 4.7 per cent, said Juan Mario Ríos, general manager, and Claudio...
Tarmac sets up more flexible distribution model
Tarmac (CRH group) is to restructure the distribution model for its Cement and Lime division in the UK. A comprehensive strategic review will result in a more flexible regional...
LafargeHolcim Côte d’Ivoire launches high-strength cement
LafargeHolcim Côte d’Ivoire has launched a new grey cement, Ciment Bélier SuperBéton, developed for heavy prefabrication and very high performance concretes. The new cement goe...
HeidelbergCement to close kiln at Rustavi, Georgia
HeidelbergCement will be closing its Rustavi kiln as well as curtailing its production at the Dedoplitskaro limestone quarry, reports the Georgian Cement Association. The ass...
Nigeria's cement market shows no let-up
Nigeria is pushing its production full-throttle as cement demand begins to race ahead. Dangote Cement is revelling in high 1H18 sales volumes and competing cement companies are...
26 de Julio to produce 0.118Mt of cement in 2018
For 2018 the Cuban government has set a production target of 118,000t of cement for the 26 Julio cement plant in Nuevitas, Cuba. Some 78 per cent of this output will be used ...
JSW Cement to construct 1Mta facility in UAE
India’s JSW Cement has announced plans to invest US$150m to construct a 1Mta clinker unit and captive power plant in Fujairah, UAE. The project is part of the company’s target ...
Cement consumption in Kenya falls to 2.3Mt Jan-May 2018
Cement consumption in Kenya in the first five months of 2018 dipped to 2.3Mt compared to 2.5Mt in the same period in 2017 reports the Kenya National Bureau of Statistics (KNBS)...
Long Thanh Cement receives approval for capacity upgrade
The Vietnamese Ministry of Construction has approved Long Thanh Cement JSC’s plans to raise the capacity at its facility in Tan Tao, Ha Nam, from 0.91Mta to 2.3Mta. The Ministr...
Tarmac plans Dunbar plant modernisation
UK-based Tarmac has announced plans to modernise its plant in Dunbar, Scotland. The proposal, submitted for approval to the East Lothian Council, includes the addition of a gri...
Sabanci reportedly considers the sale of three facilities
Turkey’s Sabanci Holding is considering the sale of three of its cement factories, according to Reuters. The factories include Çimsa’s Kayseri (1.1Mta) and Nidge (0.81Mta) unit...
FLSmidth and CNBM sign framework agreement
FLSmidth and China National Building Material (CNBM) have signed a framework agreement to offer the cement industry more competitive plant solutions. Song Zhiping, chairman of...
UltraTech's 2Q18 sales rise by 27%
UltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous...
HeidelbergCement Bangladesh to acquire Meghna Energy
The Board of Directors of the HeidelbergCement Bangladesh Ltd has approved the draft scheme of amalgamation of the Meghna Energy Ltd with the HeidelbergCement Bangladesh Ltd su...
New report predicts rising pressure on producers to cut emissions
A new report by Moody’s Investors Service suggests that the cement industry could face demand growth of 12-23 per cent by 2050, resulting in a challenge to meet this demand and...
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