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Saudi Cement buys 37% share of United Cement

Saudi Cement Co has acquired a 37 per cent stake in United Cement Industrial Co (UCIC) for SAR28m (US$330,426), as ...

Kyrgyzstan’s cement prices rise steeply in July

Kyrgyzstan’s monthly average of consumer prices showed that retail prices for cement in the country in July 2021 ...

Star Cement reports 50% growth in profit

India’s Star Cement has seen its standalone net profit grow 50.4 per cent YoY in the quarter ending 30 June 2021, in...

Misr Cement (Qena) posts 9% profit increase

Egypt’s Misr Cement (Qena) has recorded a 9.2 per cent YoY advance in consolidated net profit for the January-June p...

Eagle Cement announces 181% rise in net income

Philippines-based Eagle Cement has posted a 181 per cent YoY increase in net income to PHP3.7bn (US$73.08m) in the f...

Morocco’s cement market slips 16% in July

Cement sales in Morocco declined 16.3 per cent YoY  to 898,429t in July 2021 from 1,073,680t in July 2020, according...

JK Cement sees surge in consolidated net profit

India’s JK Cement Ltd has reported a 282 per cent surge in consolidated net profit to INR1.9bn (US$25.61m) for the q...

Argos North America Corp signs ESG-linked loan

Argos North America Corp (Grupo Argos) entered into a new loan for US$300m, in which the interest rate is linked to ...

Norm is awarded API certification

Norm has become the first cement producer in Azerbaijan to receive American Petroleum Institute (API) certification ...

August 2021 issue

Cemex reports 25 per cent uptick in net sales in 2Q21, Boral divests timber business to ‘reset’ portfolio, Sika sets...