Suez Cement sees earnings fall in 3Q13
Energy supply issues, combined with lower demand and the base effect from one-off earnings in 3Q12, contributed to a 72% decline in net profits for the Egyptian company.
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Energy supply issues, combined with lower demand and the base effect from one-off earnings in 3Q12, contributed to a 72% decline in net profits for the Egyptian company.
The Mineral Products Association Ltd (MPA) has released its 3Q13 figures and results support the provisional GDP estimates that construction activity in the UK is beginning to recover.
The National Council for Construction (NCC) in Zambia has reported that there is a need for investment in the cement industry to stabilise prices.
An increase in building in the eastern and southern regions of China is set to boost sales and profit growth of cement companies.
The Ministry of the Environment has rebuffed the use of coal as a power source in cement plants in Egypt.
Profits, revenues and sales are all up for Lafarge WAPCO Cement Nigeria.
High power costs and uncertain supply are weighing on Ghacem, the largest cement producer in Ghana.
KHD Humboldt Wedag has been awarded a contract to supply a new COMFLEX® grinding system for a plant in Western Turkey.
Cemex has contracted the company to provide its VAS® solution to be rolled out across several plants, beginning in Germany.
Lafarge and the French Development Agency (AFD) have formed a partnership in microfinance for affordable housing in Nigeria, with AFD contributing €5 million.
Higher sales, cost efficiency measures and a big tax credit have all contributed to the improved results for the full year ending 30 June 2013.
Ethiopia’s Habesha Cement Share Company plans to start construction of new cement plant this year, with start-up scheduled for 2015.