Asia contributes strongly to HeidelbergCement 1Q18 results
HeidelbergCement's 1Q18 results saw sales volumes in Europe and North America impaired by a long winter and a reduced number of working days, but some emerging countries record...
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Loma Negra reports 1Q YoY results growth
Argentina-based producer Loma Negra reported a 41.6 per cent rise in net revenues in the first quarter of 2018 to ARS4534m (US$230m) as the company’s combined cement, masonry a...
Asamer Baustoffe seeks buyout bid for Fabrika Cementa Lukavac
Austria's Asamer Baustoffe is launching a buyout bid for Bosnia-Herzegovina-based Fabrika Cementa Lukavac, following a notice posted with the Sarajevo bourse on Tuesday, repor...
Martin Marietta reports a weak Q1 on lower volumes
Martin Marietta Materials, which last month completed its acquisition of Bluegrass, then the largest privately-held US aggregates company, has announced a first-quarter turnove...
SMT Shipping and CSL Group announce shipping joint venture
SMT Shipping (SMT) and The CSL Group (CSL) have announced an agreement for CSL to acquire 50 per cent of Eureka Shipping Ltd, SMT's pneumatic cement vessel business. The new j...
LafargeHolcim Bangladesh launches a new cement for plastering
LafargeHolcim Bangladesh is launching a new specialised cement for plastering called Plastercrete. Plastercrete has been carefully tested to ensure quality and meet customers' ...
Fauji Cement 9M net profits total PKR2.12bn
According to Board of Directors report of Fauji Cement Co Ltd (FCCL), during the nine-month period ended 31 March 2018, it earned a net profit of PKR2.12bn (US$18.36m) as comp...
AfriSam sponsors Biodiversity category at Eco-Logic Awards
South Affrican cement producer, AfriSam is sponsoring an award for the Biodiversity Category in the 2018 Eco-Logic Awards. The Enviropaedia Eco-Logic Awards, introduced in 2011...
Cement factories offer water solution to Supreme Court
The Suo Motu case against Bestway-I, Bestway-II, DG Khan cement factories and Dandot Cement Co in Pakistan on the Shri Kates Raj Temple Pond issue seems to be wrapped, as the S...
LafargeHolcim reports continued sales growth in 1Q18
Like-for-like net sales were up 3.1 per cent to CHF5.83bn, driven by growth in cement volumes, LafargeHolcim reported in its 1Q results release. In the quarter, the company sol...
Holcim Philippines' net income drops in 1Q18
Holcim Philippines Inc (LafageHoclim group) said net income in the first three months of the year dropped 25 per cent due to higher energy costs and lower cement prices. Holc...
Sanghi Cement gets environmental clearance for Abdasa
Sanghi Cement has received environmental clearance for its capacity expansion project at Abdasa, Kutch district, India. The cement producer is currently boosting cement capa...
Ciment de Bizerte exports clinker to Italy
Ciment de Bizerte scheduled a ship to sail on 3 May from Tunisia to Italy, carrying around 8000t of clinker, as part of its export programme and continued performance tests of ...
Southern Province Cement 1Q profit falls 3%
Saudi Arabian cement producer Southern Province Cement Co has reported a 2.9 per cent YoY decrease in net profits in the 1Q18. Net profits fell to SAR102m (US$27.2m) in the ...
Pakistan cement dispatches total 39Mt in first 10 months of fiscal year
The Pakistan cement industry during the first 10 months of outgoing fiscal year July 2017-April 2018 dispatched 38.99Mt of cement compared to 33.880Mt during the same period la...
New plants boost Uganda cement industry
In the coming month, the Ugandan cement industry is expected to expand with two new plants in Tororo district as Simba Cement and Hima Cement commission their projects. Constru...
Bangladesh cement profitability falls in 1Q18
The Bangladeshi cement industry reports a fall in profit due to the increase in raw material cost despite an increase in sales volumes of 12 per cent in 1Q18. The earnings of l...
Taiwanese giants profit on mainland China
This week the Taiwanese cement giants operating on the Chinese Mainland disclosed they expect a profitable year ahead with pickings envisaged to be richer than in their domes...
Eagle Cement records 3% net profit increase
Philippines-based Eagle Cement Corp has recorded a three per cent YoY increase in net profit to PHP1.1bn (US$21.29m) for the first quarter of the year. Revenue has risen six pe...
Saudi company to invest in Egyptian production lines
A Saudi Arabian company is expected to invest EGP500m (US$28.37m) in three Egyptian production lines, according to Ahmed Abdel Razek, head of the General Authority for Industri...
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