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DG Khan Cement profit falls 51% in the 1HFY19-20

DG Khan Cement Co (DGKC) has announced its financial results for the half-year period ended 31 December 2019, report...

PIBTL earns profit in 1HFY19-20

Pakistan International Bulk Terminal Ltd (PIBTL) has announced its financial results for the half-year period ended ...

Mitsubishi Materials and Ube Industries Ltd consider cement merger

Japan’s Mitsubishi Materials Corp has signed letter of intent regarding the merger of its cement business with Ube I...

Cementos Pacasmayo sees 8% uptick in 4Q sales

Peru-based Cementos Pacasmayo reported a 7.7 per cent rise in sales volumes of cement, concrete and precast in the 4...

HeidelbergCement sees revenue rise 4% in 2019 preliminary results

HeidelbergCement has announced a 4.3 per cent YoY increase in group revenue to EUR18.851bn in its preliminary result...

Cemex records flat net sales of US$3.3bn in 4Q19

Cemex announced that its 4Q19 net sales remained flat at US$3.3bn and fell for the full year by one per cent to US$1...

Gulf Cement narrows loss

UAE-based Gulf Cement reported a fall in revenues to AED443.6m (US$120.8m) in 2019, down from AED475.7m in 2018. Thi...

Cemex Colombia extends O&M contract with Wärtsilä

Cemex Colombia has awarded Wärtsilä the four-year extension to the operation and maintenance (O&M), marking a 25-yea...

GCC: a return of fortunes?

The performance of the GCC cement sector improved significantly in 2019 when compared with the previous year as high...

Nuvoco on a solid growth path

A week ago, Emami Cement Ltd agreed the takeover by Nuvoco Vistas Corp (Nirma group) for its cement operations in In...