KHD signs contracts in western sub-Sahara region
Humboldt Wedag GmbH, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has signed contracts totaling over EUR80m for the supply of equipment...
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Cemex: environmental savings for construction by barging
Aggregates being barged up the River Thames Last month was a record month for transporting aggregates by barge down the River Thames, UK, saving approximately 320 roa...
Aggregate Industries introduces Postmix to its Lafarge Cement range
Aggregate Industries has introduced Postmix to its Lafarge Cement range of packed products, a quality-assured premixed ready-to-use formulation for fixing all types of fence po...
Pacasmayo profit decreases 34% YoY in 2Q17
Cementos Pacasmayo, Peru’s third-largest cement producer, posted a 34 per cent YoY drop in profits in 2Q17 as sales fell and El Niño damage increased costs. Cementos Pacasmay...
Pakistan's cement exports fall during FY17
During the FY16-17 (July 2016-June 2017), Pakistani cement producers exported 4.53Mt of cement at a total value of US$237.88m, compared with 5.97Mt at US$321.21m in the equiva...
Qatar National Cement Co sees 35% profit fall in 2Q17
Qatar National Cement Co reported a 34.9 per cent YoY drop in profits for 2Q17, according to a filing to the Qatar Stock Exchange (QSE). Profits declined to QAR83.3m (US$22m...
Philippine Trade Secretary defends import order
Philippine Trade Secretary, Ramon Lopez, has defended the legality and fairness of the recently-issued administrative order on cement importation following attacks on the order...
Yamama Cement sees 90% profit fall
Saudi Arabia's Yamama Cement Co saw net profits fall 89.5 per cent YoY in 2Q17. Earnings contracted to SAR12.17m in the second quarter from SAR116.3m in 2Q16. The decrease i...
Hail Cement sees 90% profit slide in 2Q17
Saudi Arabia's Hail Cement Co announced that its net profits decreased by 90.1 per cent YoY to SAR2.66m (US$709,203) in 2Q17 from SAR26.8m in 2Q16. Sales fell 51.2 per cent ...
Caribbean Cement still has no second director elected to the board
Sunday Finance had reported last week that Colin Steele, a public certified accountant, would assume the position for a second Jamaican domiciled member of the board of direct...
PPC's CEO is to resign
Darryll Castle, Pretoria Portland Cement's (PPC) CEO, is stepping down to pursue other interests. PPC announced in a statement that Mr Castle will still be available to the gro...
Dangote Cement's pan-African expansion boosts financial strength
Dangote Cement's strategy of rapid capacity build across Africa with prudent financial management has led the company to recently be recognised for its financial strength. The ...
Vietnam government urged to reduce export duty
Vietnam’s Ministry of Planning and Investment has proposed the government to reduce export duty on cement to help domestic cement producers to promote exports. According to ...
New Salboni cement plant launched by JSW Cement
JSW Cement, part of the JSW Group, has launched its state-of-the-art Salboni cement plant in Bengal. The largest cement plant of its kind in the state, the facility has a ce...
INSEE Cement opens its first executive leadership programme
Insee Cement in Sri Lanka recently joined up with the country's Postgraduate Institute of Management (PIM), to launch its first Executive Leadership Development Programme (ELDP...
Indian market to expand 5% in FY17-18
Infrastructure and housing are expected to drive India’s cement demand in FY17-18. Consumption is forecast to increase five per cent YoY as growth accelerates from 1.2 per cent...
Qatrana Bank receives US$140.9m loan from Arab Bank Jordan
Jordan-based Qatrana Cement, the subsidiary of the Saudi-based Arabian Cement Co, signed an agreement with Arab Bank Jordan for a loan worth JOD100m (US$140.9m). The loan wil...
UltraTech to build Madhya Pradesh plant
Indian cement major UltraTech plans to establish an integrated cement plant in Madhya Pradesh with a capacity of 3.5Mta. "The board has approved a greenfield integrated cemen...
EAPCC announces 10% price cut
East African Portland Cement Co (EAPCC) has announced a 10 per cent reduction on the ex-factory price of its Blue Triangle Cement. The Kenyan cement producer attributed the p...
Breedon 1H17 results boosted by Hope contribution
Breedon Group plc, the UK’s largest independent construction materials group, announces its unaudited interim results for the six months ended 30 June 2017, reporting a strong ...
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