News
05.07.2022 15:38Pakistan's cement despatches declined 7.91pc during FY22
Total cement despatches including domestic and exports during the fiscal year 2021-22 (FY22) clocked in at 52.89 million tons which is 7.91 percent lower than 57.43 million tons despatched during FY21, Profit learnt.
Region: Pakistan
02.06.2022 17:40CeMAP warns dumped Vietnam cement imports harming PH recovery
Local cement manufacturers warned that the continuing rise in cement imports from Vietnam at dumped prices puts at risk the domestic industry and adversely impacts the country’s economic recovery.
17.05.2022 13:57Adani Group to acquire Holcim’s India business
Holcim has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC.
Region: India
29.04.2022 16:45GCC: 1Q22 results
Consolidated net sales for the first quarter of 2022 increased by 15.7% to US$206.9 million from US$178.8 million in the first quarter of 2021. This was primarily due to higher cement and concrete volumes in the United Sates, increased concrete volumes in Mexico and a favourable price environment in both markets. Those were partially offset by lower cement volumes in Mexico.
Region: Mexico
21.04.2022 16:06CRH: first-quarter results
CRH plc, the global building materials group, issues the following Trading Update for the period 1 January 2022 to 31 March 2022.
Region: Ireland
05.04.2022 10:35Votorantim Cimentos Ends 2021 With Net Profit of R$1.6 Billion, a 244% Increase Over 2020
Votorantim Cimentos ended 2021 with net profit of R$1.6 billion, an increase of 244% compared to 2020, primarily due to better operating results—with growth in sales in all regions where the company operates—and gains related to the consolidation of acquisitions made in North America and Spain.
Region: Brazil
31.03.2022 10:23Buzzi Unicem: Financial year 2021 preliminary results
The Board of Directors of Buzzi Unicem SpA met today to examine the preliminary figures for the financial year just ended.
Region: Italy