• Turkey: Turkish cement plant enjoys cash flow

    The share capital of the cement plant Medcem Cameroon, a subsidiary of the Turkish group Eren Holding, has soared from CFA 10 million to CFA 400 million, a legal statement by the firm revealed on Wednesday. This capital upsurge by cash contribution from shareholders, however is i

  • 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), according to Aggregates Business Europe. During October-December 2015, revenue and net income of the firm fe

  • Tajikistan increases cement production in first quarter of 2016

    Cement production volumes have increased by 33% year-on-year to 373,000t in the first quarter of 2016 from 249,000t in the same period in 2015. The majority of the production was produced by Huaksin Ghayyur Cement, which accounted for 55% of the output. Domestic demand for cement

  • Saudi Cement Q1 net profit falls 13%

    Saudi Cement reported a 12.5 percent drop in first-quarter net profit on Monday, hurt by a decrease in sales and an increase in energy costs. One of the kingdom’s largest cement firms by market value made a net profit in the three months to Mar. 31 of 265 million riyals ($70.7 m

  • Ireland:Ireland's top three cement firms secure €128m in carbon credit bonanza

    CRH, Lagan Cement and Quinn Cement have netted massive cash piles from an EU emissions 'cap-and-trade' scheme aimed at reducing industrial greenhouse gas emissions, a new study claims. Research into the EU's controversial emissions trading system (EU ETS) has revealed that, from

  • U.S.A.: Plans to expand Mountain Cement depend on sale

    The process of a potential land sale of city-owned property to a local mining company is underway, but the timeline for a decision is tight for the company.Mountain Cement Company, located just south of Laramie off U.S. Highway 287, proposed a purchase of about 700 acres of land

  • Brazil: Brazil cement sales drop by 14.5% to 13.9Mt in first quarter of 2016

    Brazil: Cement sales have fallen by 14.5% year-on-year to 13.9Mt in the first quarter of 2016 from 16.3Mt in the same period in 2015 according to the Sindicato Nacional da Indústria do Cimento (SNIC). Local cement companies estimate that sales and apparent consumption will fall b

  • Taiwan Cement pins hopes on stronger second half of 2016

    Taiwan: Taiwan Cement Corp has conceded that its business has remained weak since 2015. It hopes to see rise in sales in the second half of 2016 said Taiwan Cement chairman Leslie Koo in comments reported by the Tapei Times. Cement shipments to China grew by 18% year-on-year to 1