Thailand: SCG sees cement revenues fall 19% in 3Q2016
Siam Cement Group (SCG) has announced that in the third quarter of 2016 profits rose by 57 per cent YoY, but at the company's cement and building materials division they saw a ...
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OCL India 2Q net profit up 154% to INR860m
OCL India Ltd reported a 154 per cent surge in in net profit to INR857.1m from INR336.9m for the quarter ended 30 September 2016 as the company derived a higher income from ope...
Lafarge Cement Jordan posts JOD2.75m 3Q16 loss
Lafarge Cement Jordan posted a loss of JOD2.75m (US$3.9m) in the 3Q16 against profit of JOD8950 (US$12,600) in the same period in 2015, according to a filing of unaudited 3Qfin...
India: JK Lakshmi approves raising INR5bn
A JK Lakshmi Cement board meeting held on 26 October approved the raising of INR5bn (US$74.7m) through the issuance of non-convertible debentures (NCDs) on private placement ba...
Uganda: Tororo Cement's trucks to be billed for road damages
Tororo Cement trucks are being asked to foot the bill for damaging roads in Uganda with their heavy loads. More than 40 trucks carrying limestone, pozzolanic rocks and marble f...
USA: Hagerstown plant US$96m upgrade
Holcim (US) has completed a US$96m upgrade on its Hagerstown plant, Maryland. The facility has existed for over 100 years and according John Stull, CEO of US operations for Laf...
Egypt: ASEC to sell Djelfa plant project
Egypt-based ASEC Group has reached an agreement with Algerian investors for the sale of a part-constructed cement plant site in Djelfa for US$60m. Information regarding the Alg...
Tunisia: new Sidi Bouzid cement works online in 2018
Tunisia will see a new 1Mta cement plant entering service in 2018 in Sidi Bouzid, according to the Director General of the Manufacturing Industry Brahim Chebli. "This new pr...
Pakistan: export revenues fall in 1QFY16-17
Despite growth in export to neighbouring countries, the export revenue of Pakistan's cement industry did not increase, due to overall weak demand from overseas markets. P...
Myanmar: Myaing Kalay plant expansion opposed by locals
Plans by the military-owned Myanmar Economic Corporation (MEC) to expand the cement plant at Hpa-an Township in Kayin State in the country’s south-east have run into local oppo...
Pakistan: Maple Leaf and Thatta Cement 1QFY16/17
Pakistan's Maple Leaf Cement Factory earned profit after tax of PKR1.185bn (US$11.3m) in July- September 2016 compared to PKR846.72m in the corresponding period last year, repr...
HeidelbergCement completes Belgian assets' sale to Aalborg Portland Holding
HeidelbergCement has completed the sale of operations in Belgium, primarily consisting of Italcementi’s Belgian subsidiary Compagnie des Ciments Belges SA (CCB) to Aalborg Port...
Argentina sees fall in domestic and export demand
In September 2016 Argentina’s cement plants dispatched 1,003,457t of cement, including exports, which represents a MoM fall of 4.1 per cent and a YoY drop of 11.1 per cent, ac...
India: Jaiprakash Associates shareholders agree to sale
Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm's cement business to Aditya Birla Group's UltraTech Cement. Approval from Com...
Spain: Portland Valderrivas quadruples 9M loss
FCC subsidiary Cementos Portland Valderrivas of Spain reported a EUR233.3m loss in the first nine months of 2016, quadrupling its loss noted in 9M15. Revenues stood at EUR42...
Peru: Cementos Pacasmayo 3Q16 net income falls 21.7%
Cementos Pacasmayo SA's consolidated results for the 3Q16 and nine months (9M16) ended 30 September 2016 recorded cement, concrete and concrete block volumes were down 1.6 per ...
Algeria sees 15% drop in cement imports
Cement imports into Algeria have seen their value decrease by 25.3 per cent from US$328.95m to US$245.62m in the first eight months of 2016, according to the Algerian Customs D...
Mozambique: Metuge cement factory opens
The Metuge cement factory in the Mozambican province of Cabo Delgado began commercial operations on 21 October following an investment of US$24m, Mozambican news agency AIM rep...
India: production resumes at Malabar Cements
Malabar Cements Ltd resumed production on Monday, 24 October, following the stoppage of its operations on 10 September due to the non-availability of raw materials. Production ...
India: Emami Cement hopes to add 15-20Mta in 3-5 years
India-based Emami Cement has plans to construct new plants that will add 15-20Mta of capacity to its portfolio over the next 3-5 years, as reported by The Times of India. Direc...
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