02 July 2015

Cimpor - June 2015

Cimpor subsidiary Cementos de Moçambique, currently the Mozambique’s sole cement producer, has started the construction process of a 1.5Mta cement works in Nacala.  This involves an investment of US$250m and completion is scheduled for 2018.  However, the Turkish group Limak is also pl...

02 July 2015

HeidelbergCement - June 2015

HeidelbergCement has commented on rumours that it is in advanced talks to acquire Jaiprakash’s Sikandarabad works in Uttar Pradesh, saying that "There are no such proposals at the moment".  HeidelbergCement is als...

02 July 2015

Lafarge - June 2015

As part of the joining up with Holcim, Lafarge is acquiring Baring’s 14 per cent stake in Lafarge India for EUR270m. Lafarge’s subsidiary Ashaka Cement reported a 53.5 per cent drop in first-quarter profits to the ...

29 June 2015

China National Building Materials (CNBM) - June 2015

Production is due to get underway in December this year at Southern Province Cement’s second Bishah line, as supplied by China National Building Materials (CNBM). The line has been built at a total cost of SAR713m (U...

29 June 2015

PT Indocement - June 2015

As testimony to its ongoing commitment to sustainability, PT Indocement has scooped five accolades at the recent Indonesia Green Awards 2015 held in Jakarta. Its cultivation of castor oil plants as an alternative fue...

29 June 2015

Anhui Conch - June 2015

On 18 June Conch International Holdings (HK) Ltd, a wholly-owned subsidiary of Anhui Conch Cement, entered into a share subscription agreement with West China Cement. The total subscription price is equivalent to aro...

29 June 2015

PT Semen Indonesia - June 2015

Following instructions earlier this year from Indonesia's president to lower cement prices to help support the government’s huge infrastructure projects, Semen Indonesia has seen its prices fall by around 10 per cent...

29 June 2015

UltraTech - June 2015

Unseasonably wet weather in the opening months of this year has hampered infrastructure projects in India, resulting in a slowdown in cement demand. Despite new capacity, UltraTech has already reported a three per ce...

29 June 2015

PPC - June 2015

Marking the first collaboration between the two companies, PPC has recently signed an EPC contract with Sinoma’s CMBI Construction Co Ltd for a new 3000tpd clinker production line at PPC’s Slurry plant near Lichtenbu...

29 June 2015

Cementos Argos - June 2015

Cementos Argos’ 1Q15 results have revealed a 27 per cent jump in revenue to COP1.7trn (US$630m), driven by growth in trade to the US. Consolidated EBITDA over the period advanced by 18 per cent to COP307bn (US$121m) ...

29 June 2015

Dangote - June 2015

Trial production has got underway at Dangote’s new 2.5Mta integrated cement plant in Ethiopia. Following kiln ignition in April, the US$480m plant has now been connected to the electricity grid and stockpiles of lime...

01 June 2015

Holcim - May 2015

Holcim's first-quarter turnover declined by 2.8 per cent to CHF3972m (EUR3699m), but on a like-for-lake basis, there was a 1.6 per cent reduction while measured in euros the turnover was ahead by 10.7 per cent. Opera...

01 June 2015

Lafarge - May 2015

Lafarge's first-quarter turnover increased by 5.5 per cent to EUR2779m and EBITDA rose by 17.5 per cent to EUR403m, while the running profit advanced by 40.4 per cent to EUR205m. Net financial costs were reduced by 1...

01 June 2015

HeidelbergCement - May 2015

HeidelbergCement's first-quarter turnover improved by 12.4 per cent to EUR2835m and EBITDA improved by 45.9 per cent to EUR299m. The trading profit jumped 183 per cent to EUR115m. The net interest charge declined by ...

01 June 2015

Cemex - May 2015

Cemex has announced a US$300m investment in the Philippines, the principal element of which will be a new 1.5Mta integrated cement works at its Solid works on Luzon. This would double the capacity at this plant and r...

01 June 2015

Italcementi - May 2015

Italcementi's first-quarter turnover improved by 5.1 per cent to EUR980.5m while running EBITDA eased by 0.4 per cent to EUR95.2m. The trading loss was increased by 13 per cent to EUR4.7m and net interest charge incr...

01 June 2015

Buzzi Unicem - May 2015

Buzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48.6 per cent to EUR19.24m. Net financial char...

01 June 2015

Votorantim - May 2015

Votorantim aims to treble the capacity of its Sivas cement works in Turkey to 1.8Mta at a cost of around EUR140. Work is about to start, with completion scheduled for 2017 and when completed will raise Sivas’ share o...

01 June 2015

Cimpor - May 2015

Cimpor has reported a first-quarter turnover 7.4 per cent higher at EUR636.6m, but EBITDA declined by 7.2 per cent to EUR123.4m. The trading profit (EBIT) was 17.6 per cent lower at EUR74m. The net financial charge d...

01 June 2015

Vicat - May 2015

Vicat's first-quarter turnover emerged 0.1 per cent ahead at EUR537m, which represents an underlying decline of eight per cent. The cement turnover improved by 5.9 per cent to EUR341m, as cement shipments declined by...


BETA: Financial Cement Company Analysis