CemNet Newsroom reported on 24th May 2018 that Chile-based Cemento Melón has increased its first-quarter earnings by 12 per cent to US$7m when compared with 1Q17, despite lower cement sales volumes. Efforts have been maintained to contain fixed costs, logistics and administration in all units of the...
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Whitehopleman
Good to receive news on 24th May that Whitehopleman's old friends at FCT Combustion headquartered in Adelaide, Australia will be supplying a complete raw material drying system to Cemento Chimborazo, Ecuador. The project consists of a 41.2 tph Triplex drier and a fluidized bed combustion system for...
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Whitehopleman
Risk is a basic feature of business and certainly part of cement manufacturing. All cement companies need to undertake a process of risk identification, assessment and risk management or mitigation. Once risks have been identified they need to be managed appropriately. There are different types of r...
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Whitehopleman
CemNet Newsroom reported on 17th May 2018 that Deep Kamara, Dangote Cement’s country manager in Ethiopia, was killed by gunmen on while returning to Addis Ababa from the factory. Reports suggest that Mr Kamara’s secretary and driver were also shot in the incident which occurred in the unstable Oromi...
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Whitehopleman
Pleased to read on CemNet Newsroom on 15th May 2018 that Malaysia-based Cahya Mata Sarawak Bhd (CMS) has reported a 15.4 per cent rise in unaudited revenues to MYR354.987m (US$89.7m) in the quarter ended 31 March 2018. Whitehopleman is always pleased to read of our customers making profits as that u...
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Whitehopleman
CemNet Newsroom reported on 14th May 2018 that Ugandan cement producers will have to change their products to supply the new Standard Gauge Railway (SGR) project. Talks between SGR and cement manufacturers in Uganda only managed to convert Hima Cement (LafargeHolcim group) to change configuration to...
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Whitehopleman
CemNet Newsroom reports on 9th May that Loma Negra's adjusted EBITDA advanced 40.6 per cent YoY! Apparently "volume and revenue growth principally driven by continued momentum in public infrastructure and private construction in Argentina reflecting ongoing economic growth". Loma Negra are long-sta...
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Whitehopleman
Sad to read on CemNet Newsroom on 8th May 2018 that Southern Province Cement Co has reported a 2.9 per cent YoY decrease in net profits in the 1Q18. However, only a 2.9% reduction perhaps suggests that the market decline in Saudi Arabia is bottoming out. Many people in the industry will be hoping so...
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Whitehopleman
On 25th April we could read on CemNet Newsroom that Green Island Cement (Yunfu), a subsidiary of Cheung Kong Infrastructure Holdings has acquired a cement grinding station and three quay berths in Yun Fu city in Guangdong province. Clinker produced by Green Island Cement in Hong Kong will be deliver...
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Whitehopleman
Also good to read on CemNet Newsroom on 25th April 2018 that Dangote Cement's revenue was up 16% to NGN242.1bn (US$672m) in the first quarter of 2018. It seems that lost of Whitehopleman's former cement industry clients are doing well. Let's hope it prompts the need for some more benchmarking and p...