UltraTech reports rise in net sales
UltraTech Cement Ltd has announced that its net profit decreased by 25 per cent YoY to INR4.21bn (US$65.98m) in the October-December quarter of 2017. However, net sales of t...
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Invesa raises Bío Bío stake
Following the launch of a public offer to buy 54,208,259 shares in Cementos Bío Bío (CBB) last month, Inversiones y Desarrollos (Invesa) has confirmed it has increased its stak...
Lack of uptake of Egyptian cement licences
Egypt’s Industrial Development Authority (IDA) has not received any requests to obtain 11 cement plant licences, which were re-offered by the authority a year ago despite eight...
CDC seeks ARM divestment
The Commonwealth Development Corp (CDC), the UK government agency that acquired a 42 per cent stake in ARM Cement, is reportedly in talks with several, mostly Asian, companies ...
UK co-processing report receives MPA backing
The MPA has welcomed a report entitled 'From waste to resource productivity', which draws on evidence on waste from a range of industry, academic and government sources. Wri...
Lafarge Canada provides update on its two low-carbon fuel studies
Lafarge Canada’s kiln-fuel study in Alberta announced last week will not be the same as the tyre-burning pilot it has applied for at its Brookfield plant, reports The Chronicle...
Gas supply deal with LafargeHolcim reported to impact Bangladeshi industry
Specialists have raised the red flag over the Bangladeshi government's gas supply deal with LafargeHolcim Ltd as the 20-year agreement has been threatening the competitive adva...
The WCA welcomes Anhui Conch Cement as a member
The World Cement Association (WCA) announced today that Anhui Conch Cement Company, also known as Conch Cement, has joined the global organisation as a founding member. The WCA...
Cembureau highlights role of cement industry in EU plastic waste disposal
Following the European Commission's initiative to develop a dedicated plastics strategy in a circular economy, published on 16 January, the European cement association, Cembure...
Egypt cement exports rise 49% in 2017
Egypt's cement exports increased 49 per cent during 2017 to reach US$94m, compared to US$63m in 2016, according to a report from the General Organization for Exports and Import...
BBMG expects rise of up to 12% in net profit for 2017
BBMG Corp expects a rise in net profit of 0.5-11.5 per cent YoY for the full-year of 2017, reports Nikkei. This translates to a net profit between CNY2.7bn (US$418.9m) and CNY3...
Cement Industries (Sabah) inks pozzolan deal
Cement Industries (Sabah) Sdn Bhd (Sabah Cement) of Malaysia has signed an agreement with Ecooils Sdn Bhd for a 10-year supply of ecologically-processed pozzolan for use in Sab...
Haiti bans cement imports by road from the Dominican Republic
This week there was a chaotic scene on the Dominican Republic-Haiti border as over 20 Dominican products, including cement, were barred from entering the French-speaking Caribb...
UltraTech to take waste of railway workshop
UltraTech Cement has entered into an agreement with Golden Rock Railway Workshop based in Tamil Nadu, to take its waste for co-processing. The workshop expects to provide Ultra...
Steppe Cement sees 20% revenue rise in 2017
Steppe Cement has announced that its full-year revenue for 2017 was 20 per cent higher than the previous year, reports Alliance News. The revenue for the period increased to KZ...
Pakistan cement exports down 11%
Cement exports from Pakistan in December 2017 fell 11.3 per cent to 328,000t from 369,000t in the year-ago period, according to data released by the All Pakistan Cement Manufac...
CRH Ciment SA and Comnord SA accepts Romania’s Competition Council fine for unauthorised merger
CRH Ciment and Comnord SA have been retrospectively fined RON3,056,314 (US$802,409) by Romania’s Competition Council for the implementation of a merger carried out before recei...
Paraguay: INC Vallemi sales up 19% in 2017
Paraguayan cement producer Industria Nacional del Cemento (INC) sold 20.06m bags of cement in Vallemi in 2017, representing an 18.5 per cent rise YoY. The increase continues...
Cebo Marine's ship undergoes upgrade in capacity
Cebo Marine’s cement carrier, 'Lelie C', has undergone maintenance works and an upgrade to its capacity, according to The Motorship. Netherlands-based Damen Shiprepair Oranjewe...
Dalmia Bharat begins using national waterways for exports
Dalmia Bharat Cement exported its first cement shipment of 200Mt from Pandu port to Dhubri on Friday, reports The Telegraph. The occasion marked Dalmia’s fifth brand anniver...
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