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Boral reports net profit of AUD486m in FY19

Boral reported net profit of AUD486m (US$325.7m) for the full year ended 30 June 2019, six per cent down on FY18. Sa...

Adelaide Brighton achieves 1H19 revenue of AUD755.7m

Adelaide Brighton recorded 1H19 revenue of AUD755.7m (US$506.1m), down 6.3 per cent on 1H18 due to a softening of re...

Uzbekistan’s Akhangarantsement sets monthly shipment record

Uzbek cement producer Akhangarantsement produced 1.1Mta, up 29 per cent YoY, in the first seven months of 2019. In...

Bangladesh revises export target for cement in FY20

The Bangladesh Export Promotion Bureau (EPB) has set an export target for cement industry at US$10.50m for financial...

Safi CO2 helps grow Omega Green algae

Omega Green, the algae cultivator in Eemshaven, The Netherlands, has opened a 1ha production location in Safi, Moroc...

CNBM expects demand to increase in the 2H19

China’s CNBM is expecting domestic cement demand in the 2H19 to increase from the first half, alongside pricing impr...

LafargeHolcim's takeover of Somaco to be investigated

Romania's competition authority is to analyse LafargeHolcim's acquisition of Romanian precast concrete producer Soma...

Jaime Hill appointed as CEO of Holcim Mexico

Jaime Hill has been appointed as the CEO of Holcim Mexico, as the company looks to strengthen operations and consoli...

Tourah Cement rejects kiln auction result

Tourah Cement rejected the auction result to sell off the old kilns of its Tourah plant as a result of the low price...

Raysut Cement and Bank Nizwa sign OMR19.5m financing agreement

Raysut Cement Co has signed a OMR19.5m (US$50.6m) agreement for Shari’a-compliant financing facilities with Oman-bas...