Emami expects to break even in FY16-17
India-based Emami Cement expects to break even by the end of FY17-18 and bank a profit by the next financial year. The company’s bottom line will be driven primarily by value...
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Jaiprakash Associates to sell stake in Bhilai Jaypee cement
Jaiprakash Associates has decided to sell its entire 74 per cent stake in Bhilai Jaypee Cement to Orient Cement for INR14,500m (US$226.6m), while raising another up to INR20,00...
Irish Cement allowed to burn waste tyres and hazardous waste at Castlemungret
Limerick City and County Council has signed off the EUR10m plan by Irish Cement to go ahead with its proposal to burn waste tyres and hazardous materials in its cement kiln at ...
Boral sees benefits flowing from US Headwaters acquisition
Boral's turnover in its financial year to the end of June 2017 edged up by 1.8 per cent to AUD4388m (EUR2919m/US$3466m) and EBITDA improved by 11.6 per cent to AUD720m (EUR479m...
Colombia cement dispatches rise 13% YoY in July
In July some 1.041Mt of grey cement were dispatched in Colombia, an increase of 12.6 per cent YoY, according DANE, the country’s statistics institute. Market expansion was t...
Pakistan's cement dispatches expected to grow 12% in August
Provisional figures released by a local research house indicate that Pakistan's cement dispatches in Augiust will see a growth of 12 per cent YoY. Total dispatches are expecte...
Philippine cement producers oppose import inspections
Letters from local cement firms addressed to Trade and Industry Secretary, Ramon M Lopez, and the Cement Manufacturers Association of the Philippines (CEMAP) have opposed pla...
Sinai Cement posts 1H consolidated net loss of EGP153m
Sinai Cement incurred consolidated net losses of EGP153.2m (US$8.7m) in 1H17, vs net profits of EGP15.4m in 1H16, the company announced in a statement to the Egyptian stock exc...
Hanson makes two new management appointments
Hanson Cement UK (HeidelbergCement group) has made two senior appointments within its bulk products division, as part of strategic drive to improve customer service. Phil Mat...
US and Puerto Rico half-year shipments up slightly
Total shipments of Portland and blended cement in the US and Puerto Rico for the year through June were 44.7Mt, up slightly from those during the same period of 2016, according...
AfriSam to come up with new merger plan
Merger talks between South African cement producers AfriSam and PPC have been terminated after AfriSam retracted the heads of terms (HoT) that were entered into in February. ...
San Miguel, Northern Cement form JV
San Miguel Corp (SMC) has formed a joint venture with Northern Cement Corp to establish a cement plant in Sison, Pangasinan, Philippines. The joint venture company will be co...
Dominican Rep cement demand slips two per cent YoY in 1H17
Cement consumption in the Dominican Republic fell by two per cent to 2,089,935t in the first half of 2017, according to the country’s cement association, Adocem. In 1H16 demand...
Lafarge Malaysia Bhd reports 2Q loss
Lafarge Malaysia Bhd posted a net loss of MYR44.09m (US$10.3m) in its second quarter of 2017, compared to a net profit of MYR18.36m in the corresponding period amid weaker dome...
Monthly advance in Pakistan export revenues
Pakistan's cement export revenue during July 2017 increased by 25.02 per cent compared to the previous month but declined by 0.94 per cent on YoY basis, according to data relea...
Bamburi posts decline in half-year profit
Bamburi Cement posted a 36 per cent decline in its half-year net profit to KES1.8bn (US$17.4m) compared to a KES2.8bn recorded in the first six months of 2016. Turnover stood...
CMS reports rise in 2Q net profit
Cahya Mata Sarawak Bhd's (CMS) net profit jumped to MYR64.73m (US$15.2m) in the second quarter ended June this year from MYR7.9m in the same period a year ago. The increase ...
Kohat seeks environmental clearance for expansion project
Kohat Cement Company is seeking environmental clearance for the construction of 7800tpd in additional capacity at its plant in Kohat, northern Pakistan. The Environmental Pr...
KHD wins order from SOMA Cimento
SOMA Cimento has placed an order with KHD for the engineering and equipment supply of its new 4000tpd clinker production line, located near the town of Soma, Manisa, in th...
China Tianrui attributable profit surges
China Tianrui Group Cement Co said its profit attributable to owners for the six months ended 30 June 2017 surged 175 per cent YoY to CNY489m (US$74m). Revenue amounted to C...
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