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Sinai Cement records 1H21 net loss of EGP253m

Sinai Cement Co reported a standalone net loss of EGP252.666m (US$16m) in the 1H21, according to the company’s fina...

Green Cement Inc appoints new CEO

USA-based Green Cement Inc has appointed Grant Quasha as its CEO, as the company embarks on an international expansi...

Iran cement production capacity tops 88Mta in FY20-21

Iran’s nominal cement production capacity totalled 88Mta in FY20-21, according to a report issued by the Ministry o...

Saudi Cement buys 37% share of United Cement

Saudi Cement Co has acquired a 37 per cent stake in United Cement Industrial Co (UCIC) for SAR28m (US$330,426), as ...

Kyrgyzstan’s cement prices rise steeply in July

Kyrgyzstan’s monthly average of consumer prices showed that retail prices for cement in the country in July 2021 ...

Star Cement reports 50% growth in profit

India’s Star Cement has seen its standalone net profit grow 50.4 per cent YoY in the quarter ending 30 June 2021, in...

Misr Cement (Qena) posts 9% profit increase

Egypt’s Misr Cement (Qena) has recorded a 9.2 per cent YoY advance in consolidated net profit for the January-June p...

Eagle Cement announces 181% rise in net income

Philippines-based Eagle Cement has posted a 181 per cent YoY increase in net income to PHP3.7bn (US$73.08m) in the f...

Morocco’s cement market slips 16% in July

Cement sales in Morocco declined 16.3 per cent YoY  to 898,429t in July 2021 from 1,073,680t in July 2020, according...

JK Cement sees surge in consolidated net profit

India’s JK Cement Ltd has reported a 282 per cent surge in consolidated net profit to INR1.9bn (US$25.61m) for the q...