Sumitomo Osaka Cement reports 4.4% rise in 1H net profit
Sumitomo Osaka Cement Co saw a 4.5 per cent YoY fall in revenues from JPY115.65bn (US$1.11bn) to JPY110.44bn in the first half ended 30 September 2016. While its pretax prof...
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Cimentos de Moçambique increases prices 5-10%
Cimentos de Moçambique, Mozambique’s largest cement producer, has raised its prices by 5-10 per cent. The lowest price rise recorded in the company’s two plants in Matola, so...
Raysut: Barwaaqo Cement makes steady progress
Raysut Cement’s cement plant project in Berbera, Somaliland, is progressing well, according to company sources. Barwaaqo Cement Co has completed soil investigation studies an...
India: Shree Cement Q2 net profit up 18%
Shree Cement reported an 18.3 per cent YoY rise in its standalone net profit for the quarter ended 30 September 2016. Standalone net profit stood at INR2.91bn (US$43.7m) in the...
Uruguay: ANCAP official speaks out about Turkish imports
Artigas González of the Federación ANCAP (FANCAP) and member of the Portland commission of the ANCAP workers guild, said Cementos Charrúa (Cimsa) is currently importing bagged ...
Pakistan: domestic cement sales accelerate in October
Pakistan cement industry showed mixed result of performance in October 2016. Sales of cement in the domestic market accelerated to 15.88 per cent in October 2016, but exports ...
Vietnam: three new plants intensify competition
In 2016 Vietnam's cement industry has added three new production lines, bringing the total capacity to 88Mta, significantly ahead of the country's 59-60Mt cement consumption, a...
India: My Home Industries to commission INR2.5bn plant
My Home Industries has announced that it will commission its 1.5Mta plant in Tuticorin, Tamil Nadu, in January 2017. The Tuticorin plant will represent a INR2.5bn (US$37.5m) in...
Argentinian cement demand falls 17.9% YoY in October
Argentina’s cement market contracted 17.9 per cent YoY and 7.1 per cent MoM in October 2016 as 925,678t (from 1,128,015t in October 2015) of cement were delivered to domestic c...
Loesche mill for Ecocem France
For its new cement plant in Dunkirk, Ecocem France SAS has placed an order for a Loesche vertical roller mill (VRM), mill type LM46.2+2 CS. Ecocem currently operates the same t...
India: Dalmia OCL merger
The boards of Dalmia Bharat Ltd and OCL India have decided to merge the two entities, creating the fourth-largest cement manufacturer in India with a total capacity of 25Mta an...
Jamaica: Caribbean Cement new GM and quarterly results
Peter Donkersloot Ponce will replace Alejandro Vares Leal as Caribbean Cement Company’s (CCC) general manager, effective 7 November 2016. Mr Leal is leaving the company to acce...
Ghana: Western Diamond Cement plant inaugurated
President John Mahama inaugurated the new 1Mta Western Diamond Cement plant at Bokro on 4 November. He said the decision of Western Diamond Cement to set up an ultra-modern ce...
CSI and cement leaders welcome The Paris Agreement's activation
The Paris Agreement entered into force on 4 November. Members of the Cement Sustainability Initiative (CSI) welcomed the news as a key milestone in establishing a stable regula...
LafargeHolcim 3Q16 net sales 3.1% lower
LafargeHolcim's 3Q16 net sales amounted to CHF7.03bn, 3.1 per cent lower on a like-for-like basis on 3Q15. For 9M16 net sales reached CHF20.3bn, down -1.8 per cent on a like-fo...
Colombia: EcoCementos project will be located in free trade zone
Cementos Molins' joint venture with Colombia's Corona construction group, EcoCementos, will produce cement in one of the new free trade zones announced by the country's gover...
Vicat advances in the USA in spite of poor weather in California
Vicat's turnover for the first nine months of the year eased by 0.9 per cent to EUR1867m, which represents an underlying improvement of 3.4 per cent. Turnover in cement was 1.9...
Ambuja Cement profits up 80% as Indian profits climb 40% overall
Ambuja Cement has released its Q3 earnings, which show that net profits for the company were up by 80 per cent YoY at INR2.77bn (US$41.5m). Revenues were down slightly, fall...
Caribbean Cement posts Q3 loss of US$0.63m
Jamaica-based Caribbean Cement Company has posted a third-quarter loss of JMD81m (US$0.63m), reports the Gleaner newspaper. In a statement, the firm said: "During the report...
Myanmar: traders seek to import cement in northern state
A large number of traders are seeking to import cement through border trade in Myitgyina, the capital of Myanmar’s Kachin state. Over 3500t of cement have been permitted for...
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