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Gazakh Cement plant output stable in 4M20

Gazakh Cement Plant LLC in Azerbaijan reported a stable output in the first four months of 2020. The company produce...

LafargeHolcim Bangladesh 1Q20 net profit rises 46%

LafargeHolcim Bangladesh sustained its profitability during January-March 2020, despite the ongoing COVID-19 pandemi...

Bamburi sees 37% drop in net profit in 2019

Kenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (...

Bangladeshi cement export shows negative trend in 10MFY20

As per data released by Bangladesh Export Promotion Bureau (EPB), Bangladesh's government recorded a significant fal...

San Miguel Corp sale transaction lapses

In May 2019 LafargeHolcim signed an agreement with San Miguel Corp for the sale of its entire 85.7 per cent sharehol...

Pandemic to seriously affect global cement trade

At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distributio...

Cemento Melón to sell concrete products business

Cemento Melón has announced it will divest its concrete products business and has signed an agreement with Grau SA t...

HeidelbergCement releases 1Q20 results

HeidelbergCement has recorded a seven per cent decline in revenue to EUR3.93bn for the first quarter of 2020, compar...

Dry bulk shipping market likely to start recovery in 2021

The dry bulk shipping market is expected to see significantly more modest levels of growth in the run-up to 2024, ac...

Lafarge Africa provides NGN500m intervention fund to alleviate COVID-19 challenges

In response to the COVID-19 pandemic, Lafarge Africa (LafargeHolcim group) has deployed a NGN500m (US$1.28m) interve...