26 November 2014

Anhui Conch Cement Co - November 2014

Anhui Conch has entered into a joint venture (JV) with Myanmar-based Myint Investment Group Co Ltd to upgrade the No. 33 Kyaukse cement factory, located in Myanmar’s Mandalay division. The JV, to be known as Myanmar Conch Cement Co Ltd, is hoping to increase production at the plant ...

26 November 2014

Cementos Argos - November 2014

In 9M14 Cementos Argos has seen cement sales volumes grow by nine per cent compared to the same period in 2013. Revenue is also up 16 per cent, driven primarily by strong performances in the company’s US region as we...

26 November 2014

Dangote Cement - November 2014

Dangote Cement has reported a 1.5 per cent rise in pretax profit in 9M14 to NGN154.05bn (US$930.7m). Revenue also grew over the period, up from NGN288.98bn in 9M13 to NGN310.21bn this year. The company has said th...

03 November 2014

Cemex - October 2014

For the first nine months of the year, Cemex' turnover edged ahead by 0.7 per cent to US$11,352.7m, but EBITDA eased by 0.3 per cent to US$2001.2m. The trading profit improved by 12.3 per cent to US$926.3m while the ...

03 November 2014

HeidelbergCement - October 2014

HeidelbergCement India, which markets its cement under the Mycem Cement brand, sold 17.7 per cent less cement at 2.21Mt, though in the third quarter a 20.9 per cent increase was recorded. The share of turnover genera...

03 November 2014

Lafarge - October 2014

Lafarge WAPCO Cement Nigeria, one of Lafarge's two main subsidiaries in Nigeria, has reported a 6.3 per cent increase in turnover to NGN74.27bn (US$492m) for the first nine months of 2013, giving rise to a pretax pro...

03 November 2014

Holcim - October 2014

ACC Ltd in India increased cement deliveries in the three months to the end of September by 2.6 per cent to 5.546Mt, while the nine-month figure was off by 0.5 per cent at 18.08Mt. The turnover for the nine months f...

30 October 2014

Dangote Cement - October 2014

The growth of Dangote Cement continues apace with plans to invest an undisclosed amount in the Mbinga coal mine in west Tanzania being announced last week. On the back of a surge in cement demand, Dangote is currentl...

30 October 2014

Cementos Argos - October 2014

Cementos Argos is investing US$450m in a new production line at its Sogamoso plant in Colombia. The line, which will have a production capacity of 2.3Mta, will boost Argos’ total capacity in the country to 11.8Mta. D...

30 October 2014

Anhui Conch Cement Co - October 2014

In 9M14 Anhui Conch has seen its revenue increase by 18 per cent to CNY43,674m (US$7.1bn), compared to CNY37,008m in the same period last year. Net profit attributable to shareholders over the same period rose by 51....

03 October 2014

Lafarge - September 2014

Lafarge has agreed the sale of its wholly-owned Russian subsidiary Uralcement to Buzzi Unicem for EUR104m and the proceeds will be used to reduce Lafarge's net debt. In May, Lafarge commissioned its Ferzikovo works i...

03 October 2014

HeidelbergCement - September 2014

HeidelbergCement has filed for a potential IPO of Hanson Building Products Ltd, the concrete and clay building products activities in Great Britain, the United States and Canada. No timeframe has been indicated as ye...

03 October 2014

Italcementi - September 2014

Italcementi's Egyptian subsidiary Suez Cement is expecting to start burning coal at its Katameya (Suez) works this autumn and the use of coal will also be introduced at the Tora and Helwan works within the next two y...

03 October 2014

Buzzi Unicem - September 2014

Buzzi Unicem is to acquire, through its subsidiary Dyckerhoff, the 100 per cent interest in Uralsement from Lafarge for EUR104m in cash. The deal, which still requires regulatory approval, is expected to be comple...

03 October 2014

Votorantim - September 2014

Votorantim Industrial increased its first-half turnover by 9.2 per cent to BRL13,427m (EUR4450m). Of this, Brazil represented 60.9 per cent or BRL8161m, a nine per cent advance. The EBITDA jumped by 25.4 per cent to ...

03 September 2014

CRH - August 2014

CRH's first-half turnover advanced by four per cent to EUR8324m and EBITDA improved by 27.2 per cent to EUR505m. The trading profit jumped from EUR41m to EUR171m and after a net interest charge 2.7 per cent higher at...

03 September 2014

Vicat - August 2014

Vicat's first-half turnover increased by 6.1 per cent to EUR1217.8m, which amounts to a 10.8 per cent advance on a comparative basis. EBITDA was ahead by 3.1 per cent to EUR207.7m and the margin narrowed from 17.5 pe...

03 September 2014

Cimpor - August 2014

Cimpor's first-half turnover showed a 4.4 per cent decline to EUR1243.1m, but at constant exchange rates there was a 22 per cent increase, while EBITDA did improve by 1.6 per cent to EUR288.7m in spite of negative cu...

03 September 2014

Buzzi Unicem - August 2014

Buzzi Unicem's first-half turnover improved by 2.7 per cent to EUR1180.7m and EBITDA rose by 27.7 per cent to EUR138.5m. The depreciation and impairment charges include EUR30.9m in respect of writing off the goodwill...

03 September 2014

Cemex - August 2014

Cemex Latam Holdings is to invest around US$340m in building an additional cement works in Colombia. The new cement works will be built in the Antioquia department, which is enjoying good economic growth. The firs...