Spain: cement consumption stagnates
Cement consumption in Spain has returned to the red numbers at the end of the 1Q16 with a fall of 0.5 per cent, which places the accumulated 2,565,811t in total, about 12,0...
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India: Jaypee reduces northern cement supply
Debt-laden Jaiprakash Associates Ltd has withdrawn itself from some of its cement markets in north India as part of streamlining its operations even as lenders continue to prod...
Zimbabwe: Lafarge Cement records 2015 loss
Lafarge Cement Zimbabwe has said that expects to see a return to profitability in 2016 after recording a loss of US$1.9m in 2015. Announcing its results for the year, Lafarg...
Dangote: Nigeria’s currency woes will not alter expansion plans
Dangote Cement’s annual general meeting, held in Lagos, has seen Aliko Dangote set out his plans to grow the business despite worsening economic conditions, particularly in the...
India: Piramal invests US$38m in Gujarat cement company
Piramal enterprises has invested US$38.4m in Sanghi Industries, a Kutch-based cement company with 4.1Mta capacity and plans to add a further 4Mta. Earlier in the month, Sang...
Ukraine: Yugcement reports 1Q16 losses of US$11.75m
The Yugcement company (Olshanske, Mykolaiv region) reported loss of UAH298.228m (US$11.75m) for 2015, having upped its net revenue by 14.8 per cent or UAH 80.84m YoY to UAH626....
Mobile cement app launched by OCL India
Dealers of OCL India Limited, the makers of Konark Cement, can now place cement orders through mobile phones. The Suvidha app has been launched as an android app in Bhubaneswar...
Ecuador's cement sector has to deliver
Ecuador has been in the news for all the wrong reasons following the devastating 7.8-magnitude earthquake which hit the South American country last Saturday. With more than 570...
Cemex's 1Q16 net sales increase 3%
Cemex has announced that its consolidated net sales reached US$3.2bn during the first quarter of 2016, an increase of three per cent on a like-for-like basis for the ongoing op...
Taiwan Cement sales down 20.8% YoY in 2015
Taiwan Cement Corp saw its 2015 YoY sales fall 20.8 per cent to TWD93.68bn (US$2.89bn), while the company’s net income dropped by 46.7 per cent to TWD5.78bn (US$178.67m), accor...
Saudi Arabia: Yamama and EPPCO announce profits, Saudi Cement rebrands
Yamama Cement and Eastern Province Cement Company have announced their first quarter earnings for 2016 with mixed results. Yamama, the larger of the two, saw its profits fal...
India: Beumer supplies ACC with world's highest bucket elevator
ACC Ltd, part of the LafargeHolcim Group, has expanded the capacity of its factory in Wadi in the south Indian state of Karnataka to 13,000tpd. The Beumer Group as main (EP...
USA: Cemex fined US$400,000 over negligence at Kosmos Cement
Cemex-owned Kosmos Cement has pleaded guilty to negligence over its failure to comply with health and safety standards , which contributed to the death of a contractor. The ...
India: local residents in favour of Jorabat cement plant
Plans to set up a 500tpd cement plant near Jorabat, Assam, India, have received the support of local residents. The Pollution Control Board Assam has conducted a public hearing...
Uganda: Karuma dam has to bring in Kenyan cement
Contractors for the Karuma dam in Uganda have resorted to importing Kenyan cement to help keep work going at the site. In a media brief to journalists over the weekend at the ...
Cameroon: Medcem Cameroon receives new capital
The share capital of Medcem Cameroon, a subsidiary of the Turkish group Eren Holding, has soared from XAF10m (US$ 172,129 ) to XAF400m, a legal statement by the firm revealed o...
Tunisia: Ciments de Bizerte completes quay
Ciments de Bizerte is scheduled to complete the development project of its shipment quay by June 2016. The upgraded quay will enable the company to expand its clinker and ceme...
Ecuador: Chimborazo cement plant expansion
The consortium led by Sacyr Industrial of Spain will carry out the design, construction, assembly and commissioning of a new clinker line with the capacity for 2600tpd for Ceme...
SCG forecasts regional capacity will hit 292Mta by 2018
In a presentation to investors earlier this month, Siam Cement Group (SCG) disclosed that it expects capacity in Thailand and nearby markets will reach 292Mta in two years' tim...
Nigeria: Lafarge Africa sees FY15 growth of 2.5%
Lafarge Africa recently released its FY15 financial results, which showed a 2.5 per cent YoY growth in revenue and a 20 per cent decline in profit after tax, PAT, over the same...
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