Cemex launches new distribution terminal in Denver
Cemex USA has launched operations at a new rail-served cement distribution terminal in Commerce City, Colorado. The new terminal will support the company’s distribution capabil...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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JK Lakshmi Cement's reports 18% rise in 2Q revenue
JK Lakshmi Cement reported a net profit of INR132m (US$2m) for the 2QFY17 period ended 30 September, a fall from INR249m of the year-ago period. However, the company also post...
Anjani Portland Cement sees 2QFY17 profit halve
Indian cement producer Anjani Portland Cement reported a 53.5 per cent YoY fall in profit to INR66.9m (US$1.03m) for the quarter ended 30 September 2017 (2QFY17). In the 2QFY16...
Kazakhstan’s Rudny Cement Factory opening delayed until 2018
The opening of the 0.5Mta Rudny Cement Factory in Kazakhstan has been rescheduled for 2018, according to the regional governor’s office. The works was initially scheduled to st...
Saurashtra Cement sees profit rise
India-based cement maker Saurashtra Cement Ltd has reported a profit rise to INR100.7m (US$1.55m) in the July-September 2017 quarter from INR44m when compared with the year-ago...
Cementir Holding sees a 32% increase in revenue for 3Q17
Italy-based Cementir Holding reported a revenue of EUR332.4m (US$385.4m) in the third quarter of 2017, reflecting a YoY increase of 32.1 per cent YoY. EBITDA rose to EUR46.5...
Shree Cement sees narrowing margins despite drop in fuel cost
Shree Cement Ltd’s power and fuel cost per tonne has dropped, according to a report by Mint. However, the falling cost of fuel over the third quarter of 2017 has not had much o...
Taiheiyo Cement reports 35% 1H pretax profit rise
Taiheiyo Cement Corp has posted a 11.9 per cent rise in revenues to JPY421.94bn (US$3.72bn) in 1H17 from JPY376.93bn in 1H16. Operating profit during the six months ending 3...
SCDIC sees a net profit increase of 10.2% in 3Q17
SCIDC posted a net profit of AED12.38m (US$3.37m) in 3Q17, which is an increase of 10.2 per cent YoY according to Mubasher. The revenues for the company totalled AED145.71m f...
Eurocement Group unveil plans to build cement plant
According to Trend News Agency, the new cement plant will be an expansion of Akhangarancement JSC’s existing site in Tashkent, Uzbekistan. This project is expected to raise ...
Cemex launches Cemex Go
The CEO of Cemex, Fernando A Gonzalez, has announced the release of a new multi-device application designed to simplify the customer process. Cemex Go will be a push to revolut...
HeidelbergCement announces 7% rise in EBITDA for 3Q17
HeidelbergCement has announced for the third quarter of 2017 a seven per cent YoY rise in EBITDA from its current operations to EUR1058m on a comparable basis (adjusted for cur...
Pakistan’s cement industry expected to grow 8%
Pakistan’s cement consumption grew 16.53 per cent between July-August of this year with a positive outlook for the rest of the year forecast. Domestic cement demand is expec...
Tasek sees fall in net profit for 3Q17
Malaysia-based Tasek Corp Bhd posted a 3Q net profit of MYR1.89m (US$447,190) a fall from MYR7.56m in the corresponding period of the previous year, according to The Star Onlin...
East African Portland Cement reports KES1.4bn loss
East African Portland Cement Co (EAPCC) saw its net profit of KES4.1bn (US$39.6m) for the year ended 2016 evaporate to record a KES1.4bn loss for the year ended 30 June 2017. ...
Mexico City government agrees preferential price with CANACEM
Miguel Angel Mancera, Mayor of Mexico City, has confirmed an agreement between the capital’s government and the national cement industry association, CANACEM, to access prefere...
Fund manager gains veto control over PPC
The Public Investment Corporation (PIC) has increased its stake in PPC Ltd, South Africa, to just over 25 per cent, the threshold required to gain ‘negative control’ over the c...
Vicat reports 4% growth in consolidated 9M17 sales
Vicat’s 9M17 sales reached EUR1.92bn (USD2.22bn) versus EUR1.87bn a year earlier, reflecting a 4 per cent rise at constant scope and exchange rates. On a reported basis, the gr...
Iran cement production output falls 2.6%
The output of Iranian cement production facilities has fallen by 2.6 per cent YoY. Iran has produced 23.62Mt of cement within the first five months of this financial year, comp...
Dandot Cement Company reports a loss for FY2017
Dandot Cement Company Ltd has announced its financial results for FY2017. The Pakistan-based company reported a loss of PKR527m (US$4.9m) compared to the loss of PKR280m in th...
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