02 July 2014

Votorantim Cimentos - June 2014

Votorantim Industrial's first-quarter turnover improved by 11.2 per cent to BRL6577m (US$2985m) and the EBITDA jumped by 41 per cent to BRL1528m, but the net income dropped by 96 per cent to BRL8m. Capital expenditure in the period declined 17.7 per cent to BRL465m, with 20 per cent of...

02 July 2014

Italcementi - June 2014

Italcementi, through its Moroccan subsidiary Ciments du Maroc, is investing in the construction of a new grinding centre at Jorf Lasfar, some 110km southwest of Casablanca. The new grinding centre will have a cement ...

02 July 2014

Cemex - June 2014

Cemex is investing around US$22.75m in its Dominican Republic operations, where it trades under the Cementos Titan brand. At the San Pedro de Macorís works, the company plans to generate electricity from waste hea...

02 July 2014

Lafarge - June 2014

Lafarge has agreed the sale of Lafarge Cementos in Ecuador to Union Andina de Cemento of Peru for US$553m. The completion date for the sale of this 1.4Mta works has yet to be agreed. This deal follows the sale of the...

02 July 2014

Holcim - June 2014

Huaxin Cement, which is 41.9 per cent controlled by Holcim, has acquired a 40 per cent stake in the Cambodian cement producer Cement Chakrey Ting for US$24m. Cement Chakrey Ting's cement plant was completed last y...

26 June 2014

PPC - June 2014

PPC Zimbabwe has seen its cement sales fall by five per cent in the first five months of 2014 due to a slowdown in housebuilding. According to Njombo Lekula, managing director, while in the past few years there has b...

26 June 2014

UltraTech Cement - June 2014

The Bombay and Ahmedabad High Courts have given their approval of UltraTech’s acquisition of Jaypee Cement Corporation’s unit in Gujarat, India. The deal includes a 4.8Mta cement plant at Sewagram, a 57.5MW coal-base...

26 June 2014

Dangote Cement - June 2014

Three contractors, including Sinoma Engineering, have been fined ZMW18,000 (US$2965) each for failing to register with the National Council for Construction (NCC) before starting work on Dangote’s new US$450m cement ...

26 June 2014

PT Semen Indonesia - June 2014

Semen Indonesia, which includes subsidiaries Semen Gresik, Semen Padang and Semen Tonasa, saw sales rise 4.5 per cent to 10.5Mt in January to May this year. The company, which is the largest cement producer in Indone...

26 June 2014

Cementos Argos - June 2014

Cementos Argos will be hoping to cash in on Colombia’s surging economy that has been named as the fastest-growing economy in the world in 1Q14, apart from China. Far exceeding analyst predictions, Colombia’s economy ...

26 June 2014

Anhui Conch Cement Co - June 2014

Anhui Conch will welcome news from HSBC that China’s economy is finally showing signs of expansion. According to the bank, its purchasing managers’ index, which measures activity at smaller factories, has reached a r...

26 June 2014

PT Indocement - June 2014

With Indonesia due to hold its presidential elections on 9 July, the country’s cement producers will be bracing themselves for a drop in cement demand if April was anything to go by. According to the Indonesian Cemen...

26 June 2014

China National Building Materials (CNBM) - June 2014

CNBM will be encouraged by recent reports of an upturn in manufacturing activity in China, suggesting a stabilising of the economy. Robust consumption, a recovery in external demand and new growth support measures in...

05 June 2014

Holcim - May 2014

Holcim France inaugurated its latest batching plant at Clichy-Batignolles in the Ile-de-France region on the 14 May. Cement and aggregates are delivered to the plant by rail.  

05 June 2014

Lafarge - May 2014

Lafarge's first-quarter turnover declined by 1.6 per cent to EUR2633m under IFRS11 and by 0.4 per cent to EUR3136m under the accounting method previously used. The EBITDA edged ahead by 0.3 per cent to EUR343m under ...

05 June 2014

HeidelbergCement - May 2014

HeidelbergCement's first-quarter turnover improved by 5.7 per cent to EUR2749.8m and the EBITDA improved by 15.7 per cent to EUR228.8m and the trading profit jumped from EUR9.3m to EUR50.4m. The net interest charge i...

05 June 2014

Cemex - May 2014

Cemex is building 0.44Mta of additional grinding capacity in Nicaragua, which should just over double the cement capacity to 0.86Mt by 2017. The construction of the new grinding centre at Ciudad Sandino, Managua, ...

05 June 2014

Italcementi - May 2014

Italcementi's first-quarter turnover declined by 3.3 per cent to EUR932.9m while the running EBITDA staged a 10.2 per cent recovery to EUR95.5m. The trading loss was reduced by 74.6 per cent to EUR4.2m and net intere...

05 June 2014

Buzzi Unicem - May 2014

Buzzi Unicem's first-quarter turnover increased by a restated 11.6 per cent to EUR496.38m and the EBITDA went from a EUR8.48m loss to a positive EUR10.26m. The loss at the trading level was reduced by 36.1 per cent t...

05 June 2014

Cimpor - May 2014

Cimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, however, there was a profit growth rate of 15.3...