Hume 1Q hit by lower prices, higher operating expenses
For the three months to the end of March 2017, Malaysia-based Hume Industries recorded revenue of MYR158.5m (US$36.7m), up 8.2 per cent on the recorded MYR145.5m a year earlier...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Shree profits fall sharply
Shares of Shree Cement declined over five per cent on Wednesday after the company said its profits more than halved in March quarter. The company reported a standalone profit o...
Cemex delivers concrete for Riga's Bulk Terminal
Cemex has supplied more than 3500m 3 of concrete to the Riga Bulk Terminal, a state-of-the-art marine terminal being built for the Freeport of Riga, Latvia’s port authority. ...
Cemengal completes contract for Cemindo Gemilang
Cemengal of Spain has completed an engineering and supply contract for Indonesian cement producer Cemindo Gemilang. The contract, signed on 22 July 2016, was for three cement ...
Hail Cement obtains cement export licence
Hail Cement Company has obtained a cement export licence from the Saudi Ministry of Commerce and Investment. The licence will be valid for one year from the date of approval o...
Brazil's Jan-April sales down 10.1%
In the first four months of 2017, Brazilian cement sales to the domestic market totalled 17Mt, according to preliminary data from Sindicato Nacional da Indústria do Cimento (SN...
Pakistan cement exports hit by strike action
Exports of cement and other commodities from Pakistan via seaports in Karachi have been affected by a strike by goods carriers. Goods transporters went on strike last Monda...
HeidelbergCement launches fourth edition of Quarry Life Award
HeidelbergCement has launched the fourth edition of competition to boost biodiversity in quarries. The 'Quarry Life Award' targets innovative approaches to study and boost biod...
Dispute between Lafarge Cement Jordan and employees resolved
The dispute between Lafarge Cement Jordan and its employees ended on Monday evening after negotiations led by the Labour Ministry, The Jordan Times reports. The company’s emp...
Qalaa Holdings completes sale of ASEC Ciment Algérie
Qalaa Holdings announced that its subsidiaries ASEC Cement and ASEC Cement Djelfa Offshore have completed the sale of 100 per cent of ASEC Ciment Algérie (ACA) to an Algerian i...
China Tianrui Group Cement appoints executive director
China Tianrui Group Cement Co Ltd announced that Ding Jifeng has been appointed as an executive director of the company, effective 15 May 2017.
Lafarge Africa to seek shareholders approval
Lafarge Africa is to seek shareholders’ approval for a NGN140bn (US$443m) rights issue during its 58th Annual General Meeting to be held on 7 June 2017, the company has informe...
Semen Indonesia plans to raise IDR3tn from bond sale
Semen Indonesia has announced a plan to raise IDR3trn (US$225.6m) from a bond sale to refinance debt of its subsidiary PT Semen Tonasa and increase working capital, according t...
Cementarnica Usje quarterly profit down 35%
Macedonia's sole cement producer, Cementarnica Usje, said its net profit fell 35 per cent YoY to MKD110.8m (US$1.97m) in the first quarter of 2017. The company's operating re...
Raysut receives offer for its share in Oman Portuguese Cement Products
Raysut Cement has received an offer for its share in Oman Portuguese Cement Products from a local company, the producer disclosed in a filing to the Muscat Securities Market on...
China Resources Cement expects significant increase in 1H attributable profit
China Resources Cement said it expects he Group's profit attributable to the owners for the six months ended 30 June 2017 to significantly increase as compared with that of the...
Libyan Cement Co works towards resuming plant operations
The joint owners of the Libyan Cement Company (LCC) are working together to resume operations as quickly and safely as possible at its two cement factories that were heavily da...
Hanson Cement to hold public exhibitions for upgrade plan
Hanson Cement is holding two public exhibitions in May to explain plans for the GPB20m upgrade project at its Padeswood cement works in Flintshire, UK, which the company says "...
RAK Cement Co 1Q profit down 70%
Ras Al Khaimah Cement Co reported a decline in profits by 69.8 per cent YoY during the first quarter of 2017, according to a bourse filing. Profits reached AED1.38m (US$38,11...
Paolo Zugaro appointed general manager of Cementir Holding
The Board of Directors of Cementir Holding SpA on 11 May 2017 appointed Paolo Zugaro as General Manager of the company. Effective 1 May, Mr Zugaro is also Chief Operating Offic...
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