Najran Cement profits suffer steep fall
Najran Cement (Saudi Arabia) posted a net profit of SAR61.08m (US$16.29m) in the first quarter of 2016, registering a decline of 33.6 per cent from SAR92m (US$24.53m) in the sa...
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Hail Cement profits slips 12 per cent
Hail Cement Company, Saudi Arabia, posted a 11.74 per cent decline in net profit for the first quarter of the fiscal year 2016, according to a bourse filing posted Sunday. T...
Indonesia: Widodo to meet with cement plant protestors
Indonesian president Joko Widodo will meet with nine women who encased their feet in concrete in protest over the construction of a cement factory in Java. According to repo...
India: LafargeHolcim sale temporarily halted by court
The sale of 11Mta of LafargeHolciim assets in India has been put on hold by India's Competition Appellate Tribunal. According to Mint an appeal has been lodged by Dalmia Cem...
Kazakhstan: Steppe Cement sales down as demand tumbles
Steppe Cement has seen sales and revenue fall in the first quarter of 2016 as the company predicts that demand in Kazakhstan will be 11 per cent lower this year than it was in ...
Attock Cement posts positive 9MFY16 results
Attock Cement Pakistan Ltd (ACPL) has announced in its 9MFY16 results it earned a NET profit of PKR2.094bn during 9MFY16 (July-March) against PKR1.644bn during 9MFY15, up 27 pe...
Burglengenfeld plant orders ATEC Greco burner for IKN project
HeidelbergCement’s plant at Burglengenfeld, Germany, will receive an A TEC Greco kiln burner by the end of 2016. This project is part of the facility's complete modernisation, ...
Oman: Raysut Cement 1Q16 profits up 34%
Oman’s Raysut Cement reported a 34 per cent increase in 1Q16 net profit on Wednesday, according to a bourse statement. The largest cement firm by market value in the sultana...
Beat Hess is nominated as LafargeHolcim's new chairman
LafargeHolcim's Board of Directors has proposed to the Annual General Meeting of 12 May 2016 the election of Beat Hess as the new group chairman. He will be succeeding Wolfgang...
Ecuador: Unacem recognised as eco-efficient
Peruvian cement producer Union Andina de Cementos (Unacem), which resulted from the merger of Cementos Lima and Cementos Andino and its Ecuadorian operations of Lafarge and Sel...
Zimbabwe: PPC's Harare plant is half-way complete
The construction of a new cement plant by Pretoria Portland Cement (PPC) in Harare is progressing as planned and is now 55 per cent complete. The plant is expected to produce...
Asia Cement's appoints new CFO
Asia Cement (China) Holdings Corp has appointed Wu Ling-ling as its new Chief Financial Officer, effective from 14 April 2016, reports News Bites Pty Ltd. Ms Wu, aged 49, ...
Cement exports on the rise
As global cement capacity continues to rise against a limited demand increase, there is a swell of cement producers chasing ever-smaller export markets across the globe. News t...
Holcim Philippines forecasts 8-10% volume growth
The head of Holcim Philippines CEO, Eduardo A Sahagun expects the local cement industry to sustain its bullish run this year with sales volume seen growing by as much as 8-10 p...
Ten bidders chase LafargeHolcim Indian assets
The sale of LafargeHolcim's Indian operations has attracted considerable interest, with the company having received bids from 10 groups interested in buying the assets. Acco...
India: Cement stocks rise as demand recovers
Indian cement manufacturers are set to continue the strong performance which has seen their stocks outperform the BSE Sensex by a factor of ten over the past month. In this ...
Taiwan Cement Corp hopes for improved 2H16
Taiwan Cement Corp, the nations biggest cement maker, yesterday said that business has remained weak since last year, adding that it hopes to see a pick-up in 2H16. "Our busi...
India: ACC Ltd to raise capacity to over 33Mta
ACC Ltd will spend about INR6000 (US$89.9m) in 2016-17 to complete its cement capacity expansion plans. ACC is building two cement units at Jamul and Sindri with a combined ca...
Cambodia: Gebr Pfeiffer wins three mill orders from Chip Mong Group
The Chip Mong Group has recently awarded Gebr Pfeiffer a contract to supply three vertical roller mills for a new cement production line in Touk Meas, Cambodia. The order co...
Cemex paves Egypt's first concrete highway
Cemex in Egypt contributed to the paving of Egypt’s first concrete highway. The approximately 22-mile (35km) road connects Cairo, the country’s capital, with the seaport city o...
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