Displaying items by tag: GCW249
Mykolaivcement cuts loss in 2015
04 May 2016Ukraine: Mykolaiv-based Mykolaivcement reduced the loss that it made by 25.3% to US$8.75m in 2015, having boosted its net revenue by 31.9% to US$27.2m.
Spain: Cementos Molins has posted a net profit of Euro15.4m for the first quarter of 2016, a rise of 1.7% year-on-year. The group’s consolidated quarterly revenue came in at Euro130.7m, 10% less than in the first quarter of 2015.
Cementos Molins suffered a Euro6m negative impact on its accounts due to the depreciation of the Mexican and Argentinian currencies during the quarter, which was compensated by improved margins.
First Claudius Peters cooler to head to Cambodia
04 May 2016Cambodia: China’s CITIC Heavy Industries has ordered a 5500t/day ETA 10610S clinker cooler from Germany’s Claudius Peters. The cooler will be used in a new cement plant being built for Chip Mong Insee Cement Corporation in the southern Kampot region.
The order represents a new territory for Claudius Peters, as it will be the first time it has supplied equipment to Cambodia. Delivery will take place in November 2016.