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Arkan Cement grows profit on sale of old plant

06 August 2019

UAE: Arkan Cement’s profit has grown in the first half of 2019 due to the sale of the closed Emirates Cement plan in February 2019. The subsidiary of Arkan Building Materials also said that it had benefitted from cost controls and a successful insurance claim. Its profit more than doubled to US$12.4min the first half of 2019 from US$4.67m in the same period in 2018. However, its sales revenue fell by 9.6% to US$79 from US$85.2m. It blamed this on local ‘price pressure’ due to a declining export market.

Published in Global Cement News
Tagged under
  • UAE
  • Arkan Building Material Company
  • Results
  • GCW417

RAK Cement’s sales fall by 20% to US$25.4m in first half of 2019

06 August 2019

UAE: Ras Al Khaimah (RAK) Cement’s sales fell by 20% year-on-year to US$25.4m in the first half of 2019 from US$31.7m in the same period in 2018. Its profit dropped by 79% to US$0.39m from US$1.88m. Its cost of sales decreased to US$234m from US$29.1m.

Published in Global Cement News
Tagged under
  • UAE
  • RAK Cement Company
  • Results
  • Ras Al Khaimah
  • GCW417

Panama still considering hexavalent chromium regulations for cement imports

06 August 2019

Panama: The government is set to look at new regulations for hexavalent chromium (chromium VI) in cement imports. Jorge Azcárraga, the general manager of Cemento Interoceánico said that the authorities are expected to set up a technical forum to discuss the issue, according to the Panamá América newspaper. The issue is being treated separately from newly introduced requirements and standards of cement because it is considered a health issue. It was previously reported that the government was set to introduce testing imports for chromium VI in March 2019.

Published in Global Cement News
Tagged under
  • Panama
  • chromium six
  • Government
  • Legal
  • Import
  • Cemento Interoceánico
  • GCW417

Unitherm Cemcon to supply MAS DT burner for cement plant in Mexico

06 August 2019

Mexico: Austria’s Unitherm Cemcon has been awarded the supply of an MAS DT burner to an unnamed cement plant in Mexico. The burner is designed for coal, natural gas and liquid secondary fuel operation. To optimise the maintenance work, the burner is equipped with a divisible jacket tube. A satellite burner, with the supplier’s adjustment system, will be mounted on top of the main burner to improve solid secondary fuel utilisation.

Published in Global Cement News
Tagged under
  • Mexico
  • Unitherm Cemcon
  • Order
  • Burner
  • Austria
  • Plant
  • Upgrade
  • GCW417

Cementos Argos launches new branding in Dominican Republic

06 August 2019

Dominican Republic: Cementos Argos has launched new branding under the tagline of 'imagine all we can build together.' Gary De la Rosa, chief executive officer (CEO) of the company, said that it would enhance the value the company offered to its customers, according to the Hoy newspaper. The Colombian company operates two ready-mix concrete plants and a cement grinding plant in the country.

Published in Global Cement News
Tagged under
  • Dominican Republic
  • Cementos Argos
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