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Prism Cement sees rise in 2Q17 EBITDA

Prism Cement has posted a 50.4 per cent YoY rise in EBITDA for the 2Q17 period ended 30 September 2017 to INR376m (U...

HeidelbergCement announces 7% rise in EBITDA for 3Q17

HeidelbergCement has announced for the third quarter of 2017 a seven per cent YoY rise in EBITDA from its current op...

Tasek sees fall in net profit for 3Q17

Malaysia-based Tasek Corp Bhd posted a 3Q net profit of MYR1.89m (US$447,190) a fall from MYR7.56m in the correspond...

Pakistan’s cement industry expected to grow 8%

Pakistan’s cement consumption grew 16.53 per cent between July-August of this year with a positive outlook for the r...

Mexico City government agrees preferential price with CANACEM

Miguel Angel Mancera, Mayor of Mexico City, has confirmed an agreement between the capital’s government and the nati...

East African Portland Cement reports KES1.4bn loss

East African Portland Cement Co (EAPCC) saw its net profit of KES4.1bn (US$39.6m) for the year ended 2016 evaporate ...

Cemex launches Cemex Go

The CEO of Cemex, Fernando A Gonzalez, has announced the release of a new multi-device application designed to simpl...

Iran cement production output falls 2.6%

The output of Iranian cement production facilities has fallen by 2.6 per cent YoY. Iran has produced 23.62Mt of ceme...

Vicat reports 4% growth in consolidated 9M17 sales

Vicat’s 9M17 sales reached EUR1.92bn (USD2.22bn) versus EUR1.87bn a year earlier, reflecting a 4 per cent rise at co...

Fund manager gains veto control over PPC

The Public Investment Corporation (PIC) has increased its stake in PPC Ltd, South Africa, to just over 25 per cent, ...