02 February 2016

CRH - January 2016

CRH raised some EUR960m from disposals during 2015, of which the disposal of the British and American clay operations accounted for EUR430m. The next biggest divestment was the sale of a 25 per cent interest in the sole cement producer in Israel. It spent some EUR8m on 22 acquisitions ...

02 February 2016

LafargeHolcim - January 2016

LafargeHolcim is considering the possible sale of the 97.1 per cent-owned South Korean subsidiary Lafarge Halla Cement to a consortium consisting of Glenwood Private Equity, Eugene Group and Sungshin Cement. Eugen...

26 January 2016

Anhui Conch - January 2016

With cement demand shrinking in its home market, Anhui Conch is ramping up its business overseas. In January-September 2015, China reported a five per cent YoY fall in cement production thanks to its cooling economy ...

26 January 2016

Dangote Cement - January 2016

Dangote Cement has reaffirmed its commitment to invest in a new cement works in Zimbabwe. Work on the planned 1.5Mta integrated plant will reportedly begin this year at a cost of around US$400m. This follows the form...

26 January 2016

Cementos Argos - January 2016

Cementos Argos has contracted FLSmidth to install a new OK 3304 cement mill system at its plant in Sogamoso, in the department of Boyacá, Colombia, 233km from Bogotá. This marks the fourth OK mill purchased by th...

26 January 2016

China National Building Materials (CNBM) - January 2016

In 2016 CNBM will be focussing on profit and efficiency, optimising its management system, and developing its international business, according to Cao Jianglin, CNBM’s general manager, speaking at the group’s 2016 co...

26 January 2016

PPC - January 2016

PPC, along with AfriSam, Lafarge and NPC Cimpor, has been instrumental in imposing new duties on cement imports arriving in South Africa that originate in Pakistan. A final ruling by the International Trade Admin...

26 January 2016

PT Semen Indonesia - January 2016

PT Semen Indonesia has said that it will continue to focus on its domestic market despite sales remaining sluggish in 2015. According to the company, cement consumption is expected to expand by more than five per cen...

26 January 2016

UltraTech Cement - January 2016

UltraTech Cement has reported a seven per cent increase in domestic cement sales in the quarter ending 31 December 2015. Cement sales for the period stood at 11.26Mt, which, despite cement prices remaining subdued, w...

26 January 2016

PT Indocement - January 2016

Despite cement sales in Indonesia being forecast to rise by around 10 per cent YoY in 2016, increased competition and rising production capacity will have an adverse effect on cement producers’ profit margins, accord...

05 January 2016

LafargeHolcim - December 2015

Holcim Belgique is closing five ready-mixed concrete plants in Flanders, a move that will affect around 60 employees. The works being closed are at Furness, Ostend, Bruges, Izegem and Herentals. Lafarge Cement Zam...

05 January 2016

HeidelbergCement - December 2015

HeidelbergCement and Joule, pioneers in the production of liquid fuels from re-cycled CO 2 , have formed a joint subsidiary to exploit Joule’s technology to mitigate carbon emissions during cement manufacture. This p...

05 January 2016

Cemex - December 2015

Cemex has appointed Jaime Chapa to head the group’s operations across the whole of Europe. Until now he was in charge of South and Central America, a position that is now being taken by Jaime Dominguez, previously in...

05 January 2016

Italcementi - December 2015

The board of Italcementi has decided to sell around EUR241m worth of assets to Italmobiliare, with completion expected some time after the takeover of Italcementi by HeidelbergCement has been approved by the authorit...

05 January 2016

Buzzi Unicem - December 2015

The Italian anti-trust authority has cleared the proposed acquisition by Buzzi Unicem of the cement and aggregates operations of SACCI SpA. However, this deal now looks unlikely to go through as a higher offer for...

05 January 2016

Votorantim - December 2015

Votorantim subsidiary St Mary’s Cement is proposing to spend around US$130m to a kiln expansion and modernisation programme at its works at Charlevoix, Michigan, USA. This is expected to increase the capacity from th...

05 January 2016

Cimpor - December 2015

Cimpor recently made disposals to strengthen its capital base. It has raised EUR32m from the sale of 16 per cent of the equity in Yguazu Cementos in Paraguay, reducing its interest to 51 per cent. In addition, it has...

05 January 2016

Titan - December 2015

Misr Beni Suef Cement, which is owned by Titan through Alexandria Portland Cement Company SAE, is starting the production of sulphur-resistant cement, and is expecting to produce 0.2Mt in 2016 in addition to OPC.

23 December 2015

Anhui Conch - December 2015

West China Cement (WCC) has become the sixth Chinese company to join the Cement Sustainability Initiative (CSI). Following a recent transaction, in which Anhui Conch Cement is to double its stake in the company to 51...

23 December 2015

Dangote Cement - December 2015

Earlier this month, the Nigerian government announced its biggest budget ever with US$30.1bn (NGN6trn) earmarked for the 2016 fiscal year. Representing a 15 per cent rise on the 2015 budget, it will come as welcome n...


BETA: Financial Cement Company Analysis