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Al Jouf Cement returns to profit

Saudi-based Al Jouf Cement has reported a net profit after zakat and tax of SAR5.3m (US$1.41m) in 2019 when compared...

China: outward bound

China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its...

Republic Cement and Nestlé expand green cooperation

Republic Cement and Nestlé Philippines will be expanding their Plastic Neutrality Initiative to further reduce plast...

Shree Cement to shut all production facilities in Rajasthan

India’s Shree Cement has announced that it is undertaking measures to shut down all of its Rajasthan-based plants un...

Dalmia Bharat announces share buy-back scheme

The board of India’s Dalmia Bharat Ltd has approved a proposal to buy back shares worth up to INR5bn (US$65.79m). ...

PPC Zimbabwe reports 15-20% volume drop

PPC Zimbabwe has reported a fall of 15-20 per cent in volumes for the 11 months ended February 2020 due to the count...

China Shanshui Cement records 20% revenue increase

China Shanshui Cement Group has announced a 20.2 per cent YoY rise in operating revenue to CNY21.48bn (US$3.02bn) fo...

Anhui Conch Cement posts 13% increase in net profit for 2019

China’s Anhui Conch Cement has announced a 13 per cent increase in net profit to CNY33.59bn (US$4.73bn) for 2019, co...

AfriSam call for fair market conditions over imports

Speaking after AfriSam’s Annual National Budget breakfast event held in Sandton recently, AfriSam CEO, Rob Wessels e...

Argos reports 11% rise in revenues in 2019

On a consolidated basis, Colombia-based cement producer Argos reported an 11.4 per cent increase in revenues and a 1...