Chip Mong See Cement inaugurates plant
Chip Mong Insee Cement Corporation has inaugurated its 2Mta plant in Kampot province, reports Reuters. Last Thursday’s ceremony was led by Cambodian Prime Minister Hun Sen. ...
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George Michos appointed CEO of LafargeHolcim Maroc
George Michos has been appointed CEO of LafargeHolcim Maroc, according to Medias24. Mr Michos has replaced Marcel Cobus in the role, who has moved to take charge of the Europe ...
PPC Zimbabwe reports loss of export competitiveness
PPC Zimbabwe says the loss of export competitiveness is adversely affecting its operations and remains a risk to sustainable growth, reports the Chronicle. The fall in exports ...
FLSmidth reports positive overall results
FLSmidth released its annual report on Wednesday and reported a five per cent order increase to DKK19.17bn (US$3.15bn) in 2017, driven by stronger offtake in the minerals divis...
Taiheiyo Cement sees revenue increase in 9M17
Taiheiyo Cement has reported its financial results for the nine-month period ended 31 December 2017. The group revenue has increased to JPY653.06bn (US$5.95bn) from JPY592.21bn...
Dewan Cement strikes deal with Mega Conglomerate
Mega Conglomerate Pvt Ltd has agreed to acquire a 87.5 per cent stake in Pakistan’s Dewan Cement, according to a bourse filing by BMA Capital Management Ltd. The acquisition...
Tasek posts MYR5.94m loss in 4Q17
Malaysian cement producer Tasek Corp Bhd reported a net loss of MYR5.94m (US$1.51m) for the fourth-quarter of 2017, down from the MYR2.14m profit in 4Q16. The company’s turn...
Cemex speeds up Maceo opening
Cemex Latam Holding has confirmed that it is solving the legal issues that prevent the opening of its new plant in Maceo, Antioquía, Colombia. The inauguration of the works ...
Cementos Argos marks record-breaking year
Cementos Argos has reported a positive domestic performance in Honduras throughout 2017. The company sold over 1.1Mt of cement in a record-breaking year, representing a 15 per ...
Andusia celebrates 1Mt RDF collection with golden bale
Andusia Recovered Fuels Ltd is celebrating the collection of its 1 millionth tonne of RDF to be sent to Europe for recovery. The bale will be produced and collected from AWM in...
Yamama Cement profit halves in 4Q17
Saudi Arabia’s Yamama Cement saw its net profits slide 51.3 per cent YoY in the 4Q17 to SAR16.9m (US$4.5m) from SAR34.8m. The company attributed the fall in profits to the d...
Star Cement records 10% rise in operating revenue
Star Cement Ltd has released its results for the third quarter of FY17-18, showing a growth in operating revenue of 10.1 per cent YoY. Adjusted for excise duty, this translates...
Argentina’s cement dispatches up 17% in January
Argentine cement producers dispatches 1,030,280t of cement, including exports, in January, up 3.2 per cent MoM and 17.3 per cent YoY, according to AFCP, the country’s cement as...
BCIC plans dry-process conversion at Chhatak plant
Bangladesh Chemical Industries Corporation (BCIC), owned by the Bangladeshi Ministry of Industries, is planning to convert a wet-process production line to dry-process at Chha...
Slow Tamil Nadu sales affect Ramco 3Q net profit
Ramco Cements has seen its 3QFY17-18 net profit dragged down on the back of lacklustre demand in its core market of Tamil Nadu, India. Net profit fell to INR1.227bn from INR1.5...
Cruz Azul partially closes Tula plant
Cruz Azul is partially closing its Tula plant in Hidalgo, Mexico, as it lacks current environmental authorisation for the operation of its plant. Staff of the Federal Procur...
Ukraine reduces counterfeit cement
The share of counterfeit cement in Ukraine decreased to eight per cent in 2017 from 21.5 per cent in 2014, according to Ukrcement, the country’s cement association. "Accordi...
Cabo Delgado plant runs at third of its capacity
Lack of demand has caused a cement plant in Mozambique to operate at a third of its capacity, according to Macauhub. The 0.25Mta facility was commissioned in October 2016 and r...
PPC records sales growth
PPC reported that it has seen its sales volume grow by over 20 per cent YoY in Rwanda and Zimbabwe, for the nine-month period ended 31 December 2017. Assisted by stable pric...
Pakistan cement industry records highest capacity utilisation in 7MFY17-18
The capacity utilisation of the Pakistani cement industry during the first seven months of this fiscal reached 91.3 per cent, the highest since 2004-05, according to the All Pa...
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