Qassim Cement records fall in net profit for 1Q18
Saudi Arabia’s Qassim Cement Co has announced a 28.7 per cent YoY fall in net profit for the 1Q18, decreasing to SAR57.2m (US$15.25m) from SAR80.2m. Total sales of the company ...
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Maple Leaf Cement's new line on-stream in May 2019
Maple Leaf Cement Factory Ltd (MLCF) has informed Pakistan Stock Exchange (PSX) about the progress achieved on the implementation of the expansion of its Iskandarabad plant, wh...
Ambuja Cement ranks highly in global CDP report
India’s Ambuja Cements Ltd has been ranked as number two in the world in the latest report from the Carbon Disclosure Project (CDP). The report features 13 of the largest publi...
Fauji Cement Pakistan profits increase in 3QFY18
Fauji Cement Company Ltd (FCCL) saw a 28 per cent YoY increase in net profit to PKR854m (US$7.3m) in 3QFY18 from PKR669m, earned in same quarter last year, according the compan...
Spain sees 12% YoY rise in demand in February
Cement demand in Spain increased 11.7 per cent YoY in February, according to the Spanish cement association, Oficemen. In the 12 months ending February 2018, domestic cement...
Phinma Corp will bring panamax vessels to Mariveles Terminal
The Phinma group will invest PHP500-700m (US$9.5-13.4m) on its Bataan cement terminal in Philippines. The Mariveles cement terminal will be ideal for large panamax vessels and ...
Hazardous powder may be used in cement production
The Uttar Pradesh Pollution Control Board (UPPCB) has sent samples of a hazardous black powder to a Gujarat-based manufacturer to ascertain whether it can be used in the produc...
Pakistan's Popular Group has reportedly purchased Dadabhoy Cement
Pakistan’s Popular Group of Industries has reportedly purchased Dadabhoy Cement Industries Ltd. The company’s plant in Dadu District, Sindh Province, has been closed for severa...
WCA President urges industry to tackle climate change
Zhi Ping Song, President of the World Cement Association (WCA), has called on the cement industry to take greater initiative in proactively tackling issues it is likely to face...
Breedon enters agreement to acquire Lagan Group (Holdings) Ltd
Breedon Group Plc has entered into a conditional agreement to acquire Lagan Group (Holdings) Ltd (Lagan), a leading Belfast-based construction materials business, for a cash co...
Hima Cement to open new plant in Uganda next month
Hima Cement has announced that its UGX144bn (US$40m) new plant in Tororo, Uganda, will begin operations next month. The country is currently experiencing a severe price hike a...
Attock Cement Pakistan profit falls in 3QFY 18
Attock Cement Pakistan Ltd (ACPL) 3QFY18 financial results saw a decline in net profit to PKR674m (US$5.8m) from PKR860m (US$7.41m), earned in same quarter last year. This repr...
Tajikistan records 84% increase in cement production
Tajikistan has recorded an 83.5 per cent YoY increase in cement production in the first quarter of this year, rising to 782,400t from 426,400t. The production of cement in 2018...
Yamama Cement announces 53% profit fall in the 1Q18
Saudi Arabia-based Yamama Cement Co has announced a 53 per cent YoY fall in profit to SAR23.8m (US$6.35m) in the 1Q18. The producer attributed the decrease in profit to a dro...
Capacity on the increase in Pakistan
Cement production capacity in Pakistan increased by 52 per cent in last decade. According to the All Pakistan Cement Manufacturers Association (APCMA), capacity has risen from ...
Indonesian cement market grows to 5.2Mt in March
Cement sales in Indonesia increased by 3.5 per cent YoY to 5,204,852t in March 2018 when compared with 5,027,799t recorded in the year-ago period, according to figures by the I...
East Africa Portland Cement Co suffers operational issues
East African Portland Cement Company (EAPCC) has experienced operational challenges over the last two months, according to The East African. Amongst the issues faced by the com...
KFTC fines 26 manufacturers for cartelisation
The Korea Fair Trade Commission (KFTC) has announced that it levied KRW15.37bn (US$14.64m) of fines on 26 cement manufacturers for cartelisation activities, according to Korea ...
Cement prices rise in northern Pakistan
Cement prices in Pakistan, after registering a drop of almost 10 per cent over the last nine months, have started to increase in the northern region. Prices rose by PKR20 (US$0...
CANACEM to ask presidential candidates for continuity
Mexico’s National Chamber of Cement (CANACEM) will ask presidential candidates for continuity in the economic model and investments projects, reports Noticias Financieras. Maur...
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