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Steppe Cement 1Q17 volumes down as Kazakh market contracts

Steppe Cement reported a 35 per cent YoY decline in cement sales volumes to 124,669t in the first quarter of 2017 as...

Indonesia: changing perspectives

Sinarmas Sekuritas reports on the mounting cement capacity in Indonesia and the outlook for better prices and higher ...

Oman: Raysut Cement gross profit falls 39% in 1Q17

Raysut Cement posted a 38.7 per cent decline in gross profits in 1Q17 as profits reached OMR6.29m (US$16.3m), down f...

Mitsubishi Materials withdraws from China market

Mitsubishi Cement plans to pull out of the Chinese cement market as tighter environmental regulations take their tol...

India: Shree Cement granted ToR for Karnataka plant expansion

Shree Cement has been granted terms of reference (ToR) by the Environment Ministry to expand its plant in Kalaburagi...

Nigeria: Ashaka Cement sees 27% profit drop in 2016

In its audited results Ashaka Cement reported revenues slipping to NGN17.351bn (US$56.8m) in 2016 from NGN17.145bn t...

UAE: Fujairah Cement to pay AED 21.35m dividends

UAE-based Fujairah Cement Industries Co on Thursday approved the recommendation of distributing six per cent of the ...

Peru: cement demand and exports fall but output stable

Cement consumption in Peru saw a six per cent YoY fall but recorded a 1.4 per cent MoM rise, according to Asocem, th...

Vietnam 1Q exports rise 11% YoY

Vietnam exported 4.82Mt of cement and clinker worth US$168.65m in the first quarter of this year, representing 11 pe...

Cemex divests of its Pacific Northwest Materials business in the US

Cemex announced that one of its subsidiaries in the US has signed a definitive agreement for the sale of its Pacific...