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Umm Al-Qura Cement sees 15% drop in 2018 revenues

Umm Al-Qura Cement Co reported a fall in sales of -14.9 per cent to SAR164.4m (US$43.8m) in 2018 when compared to sa...

Pakistan attracts less FDI in cement and construction during 7MFY19

Foreign direct investment (FDI) into Pakistan during July 2018-January 2019 declined by over 17 per cent compared to...

Dewan Cement profit contracts by 40.29% in 1HFY19

Dewan Cement Ltd (DCL) has announced its financial results for the half year ended 31 December 2018. It declared net...

South Africa's construction sector unlikely to recover before 2021

Following Finance Minister Tito Mboweni's first budget, economist Dr Azar Jammine has raised hopes for a "major reco...

Cementi Rossi’s ORC solution

Organic Rankine Cycle (ORC) technology for waste heat recovery is a widely-proven technology for cement factories. A...

New cement plant for Aktobe, Kazakhstan

A new 1.8Mta cement plant will be built in Kazakhstan’s Aktobe region, according to the head of SEC Aktobe, Anuar Ma...

Vietnam expected to record 8-9% cement sales increase

Vietnam is expected to record an 8-9 per cent YoY rise in cement sales to 98-99Mt in 2019, according to a forecast b...

Cement import into USA draws US$506,250 OFAC penalty

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has reached a US$506,250 settlement with ZAG In...

Fecto Cement profit shrinks by 53.75 per cent in 1HFY19

Fecto Cement Ltd (FCL) has announced its financial results for the half year ended 31 December 2018 today. It declar...

Raysut Cement of Oman to acquire Sohar Cement

Raysut Cement Co SAOG has informed Muscat Securities Market (MSM) that it has signed a letter of intent (LoI) with t...