News List

  • Anhui Conch net profit drops by 45% to US$123m in first quarter of 2016

    China: Anhui Conch Cement’s net profit has dropped by 45% year-on-year to US$123m in the first quarter of 2016 from US$233m in the same period in 2015. Its revenue fell by 5.5% to US$1.63bn from US$1.73bn. It attributed the decreases in profit and sales revenue to falling price
  • Cemex invests in communities

    In a sea of countries known for football, Nicaragua and the Dominican Republic stand apart as fans of a game that involves less kicking and just as much skill. Though relatively new to the region, today baseball is the national sport in both countries, and it is common to s

  • Cement industry leading the way on safety

    Coinciding with the World Day for Safety and Health at Work celebrations on 28 April, the Association of manufacturers of cement in Spain (Oficemen) took stock of data, confirming significant reductions in accidents, with reductions in numbers of accidents with temporary in

  • Canada’s construction industry forecast to improve

    Despite contracting by 1.7% in 2015, Canada’s construction industry is forecast to improve over the next five years, and to reach US$321 billion by 2020, according to the latest report from Timetric’s Construction Intelligence Center (CIC).

    Canada’s const

  • Philippines: Holcim Philippines CEO tips cement market growth in 2016

    Holcim Philippines' CEO Eduardo A Sahagun has tipped the domestic cement market’s robust performance to continue in 2016, with sales growth of up to 8%. 

    The nation’s private sector's continuing construction activities and the Philippines government's

  • India:Public hearing held for proposed 1Mt/yr cement plant in Assam

    The Pollution Control Board of Assam has held a public hearing on a proposed 1Mt/yr cement plant at Jorabat, Mauza Sonapur in the state of Assam. Locals and Pollution Control Board officials were present during the hearing, where all the stakeholders put forward their opini

  • Tanzania: Cement Firm Signs Deal With TRL

    Tanzania Railway Limited (TRL) has signed an agreement to ferry 35,000 tonnes of cement each month to Mwanza and Kigoma from Tanga Cement Company (TCC).

    The agreement was signed by the acting TRL director general Masanja Kadogosa and TCC managing director Reinh

  • Nigeria:Construction Begins on Major Cement Plant in Nigeria

    Construction broke ground on a $1-billion cement plant in Nigeria for Africa’s biggest cement manufacturer, Dangote Cement, on April 10. The plant is expected to come on line by mid-2019, with capacity to produce six million metric tons per year.

    China’s Be

  • 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 shareho

  • 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 i

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