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Sharjah Cement sees 85% drop in profit for 1H19

UAE-based Sharjah Cement has seen an 84.7 per cent YoY fall in profit to AED2.54m (US$691,626) for the 1H19, compare...

Siam City Cement Vietnam signs US$468m investment agreement with Kien Giang province

Kien Giang province has signed an investment cooperation agreement with Siam City Cement Vietnam, part of the Thaila...

Kinshasa cement prices sees 11% hike

The price of a bag of grey cement in Kinshasa, Democratic Republic of Congo, has increased to CDF15,000 (US$9.08) fr...

Arabian Cement Co signs petcoke supply deal

Egypt’s Arabian Cement Co has signed an agreement with Egyptian Refining Co, a subsidiary of Qalaa Holdings, for the...

Kuwait Portland Cement sees slight fall in 2Q19 profit

Kuwait Portland Cement has noted a 0.7 per cent YoY decline in profit for the 2Q19 to KWD1.52m (US$5m), compared wit...

Qassim Cement sees 2Q profit rise

Saudi cement producer Qassim Cement reported a net profit after zakat and tax of SAR70.5m (US$18.8m), a 383 per cent...

JK Cement reports 212% increase in net profit

India’s JK Cement has reported a 211.8 per cent YoY increase in standalone net profit for the quarter ending 30 June...

ECEBOL’s Oruro plant inaugurated

On Saturday, 3 August, Empresa Pública Productiva de Cementos de Bolivia (ECEBOL) inaugurated its new Oruro plant in...

Buzzi Unicem reports strong 1H EBITDA

Buzzi Unicem's first-half turnover improved by 13.6 per cent to EUR1518.7m and EBITDA rose by 26.9 per cent to EUR28...

Saudi Cement producers profits recover in 2Q19

Saudi Cement posted net income of SAR92.3m (US$24.613m) in 2Q19 and profits were up 59 per cent in the period compar...

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