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Carthage Cement posts TND3.3m net profit at end July

Carthage Cement posted a net profit of TND3.3m (US$1.2m) as of 31 July 2020, despite at two-month shutdown due to th...

Holcim Midlothian plant requests modified emission levels

Holcim Inc (LafargeHolcim) has applied to the Texas Commission on Environmental Quality (TCEQ) for an air quality pe...

Loma Negra sells majority stake in Yguazú Cementos

Argentina-based Loma Negra (Intercement) has sold its 51 per cent majority stake in Paraguay’s Yguazú Cementos. The ...

Indonesian cement market contracts 16% in July

Cement demand in Indonesia declined 16.3 per cent YoY to 5.3Mt in July 2020, according to the Indonesian Cement Asso...

City Cement shareholders agree on 26% capital cut

Shareholders of Saudi-based City Cement Co have approved a 26 per cent capital cut to SAR1.4bn (US$8.34m) from SAR1....

Cement prices rise in Malawi

Cement prices in Malawi have reportedly increased by 33 per cent in the past two weeks to MWK8000 (US$10.79) per 50k...

JSW Group to merge its distribution and supply chain segments

India’s JSW Group has announced plans to merge the distribution and supply chain operations of its steel, cement and...

Chilean cement market contracts 14% in 6M20

Cement dispatches in Chile fell 15.4 per cent YoY in May 2020 to 291,781t from 345,001t in May 2019, according to th...

Adelaide Brighton returns to profit in the 1H20

Australia’s Adelaide Brighton has posted a net profit after tax of AUD29.1m (US$20.95m) in the first half of 2020, c...

CMA raises competition concerns over Breedon and Cemex deal

Breedon’s purchase of certain Cemex assets has raised competition concerns in the supply of building materials in so...