25 May 2016

Cementos Argos - May 2016

Cementos Argos has reported a 31 per cent YoY increase in net profit in 1Q16 to COP122bn (US$41.7m). According to the company, this is due to expansion and consolidation of its existing business, more flexible operations and “the constant search for operational excellence.” EBITDA over...

25 May 2016

PT Semen Indonesia - May 2016

Semen Indonesia has reported a five per cent YoY fall in revenue in the first three months of 2016 to IDR6021bn, due to a combination of lower volume and price. Over the same period, EBITDA declined by nine per cent ...

25 May 2016

UltraTech Cement - May 2016

UltraTech’s Board of Directors has approved a proposal to increase the investment limits by Registered Foreign Portfolio Investors (RFPIs) from the existing 24 per cent of the paid-up equity share capital to 30 per c...

25 May 2016

PPC - May 2016

Shares in PPC have plummeted following the company’s announcement that it is preparing a capital raising of up to ZAR4bn (US$256m), whilst also revealing it is in talks with a credit ratings agency what will probably...

25 May 2016

Dangote Cement - May 2016

Dangote could come under fire from calls for the Zimbabwe government to impose tariffs on imported cement. The country’s local producers have expressed concern that the influx of cheap imports could make recouping...

25 May 2016

China National Building Materials (CNBM) - May 2016

Following an 82.8 per cent drop in its net profit in 2015, China National Building Materials (CNBM) has reported a further 44.6 per cent contraction in net profit attributable to the owners for the three months endin...

25 May 2016

PT Indocement - May 2016

Government spending on infrastructure is expected to drive up cement demand in Indonesia in 2016, according to PT Indocement. Following consumption growth of 3.4 per cent in 2015, the company says that it forecasts s...

25 May 2016

Anhui Conch - May 2016

China’s cement producers, such as Anhui Conch, will be breathing a sigh of relief at government plans to commit CNY4.7trn (US$720bn) to infrastructure projects over the next three years. Over 300 transport projects h...

05 May 2016

LafargeHolcim - April 2016

The Indian Holcim subsidiary ACC Ltd has completed the expansion of its Wadi works in the southern Indian state Karnataka to 13,000tpd. ACC Ltd delivered 9.3 per cent more cement in the first quarter of 2016 at 6.36M...

05 May 2016

HeidelbergCement - April 2016

HeidelbergCement is to install a new 4500tpd kiln line at its Schelklingen works in the German province of Baden-Württemberg. The kiln is being made by ThyssenKrupp and is expected to come on-stream during the second...

05 May 2016

Cemex - April 2016

Cemex' 1Q16 turnover declined by 3.5 per cent to US$3198.02m, but EBITDA improved by 3.1 per cent to US$582.52m, helped by a 1.7 per cent reduction in the depreciation and amortisation charge while the trading profit...

05 May 2016

CRH - April 2016

CRH's underlying sales in the first quarter improved by around nine per cent, primarily driven by a positive environment in the USA. Some EUR85m was spent on acquisitions and investment during the first quarter, whil...

05 May 2016

Votorantim - April 2016

Votorantim Industrial generated a turnover 11.2 per cent higher at BRL31,521m (EUR7993m), but EBITDA declined by two per cent to BRL6994m (EUR1774m) while the net profit fell by 77.2 per cent to BRL383m (EUR96.9m). G...

05 May 2016

Vicat - April 2016

Vicat's first-quarter turnover improved by 3.3 per cent to EUR554m, which represents an underlying advance of 6.5 per cent.  The cement turnover was up by 1.5 per cent to EUR346m, as cement shipments rose by 13.8 per...

29 April 2016

Cementos Argos - April 2016

Cementos Argos has entered into a deal with the local government of Bogotá to use 2.5m tyres as fuel in its cement production. The company’s Rioclaro works can reportedly co-process 20,000tpa of tyres, equivalent ...

29 April 2016

PT Semen Indonesia - April 2016

Semen Indonesia is one of three players in the Indonesian market suffering from falling cement prices in the wake of an influx of new players. According to a report by Trimegah Securities, the last couple of years ha...

29 April 2016

UltraTech Cement - April 2016

UltraTech saw its profits rise by 10 per cent YoY in 4QFY16, outperforming industry estimates. Consolidated net profit over the period came in at INR7230m (US$108.52m), compared to INR6750m in the same period last ye...

29 April 2016

PPC - April 2016

According to PPC, cement consumption in South Africa reached 13Mt in 2015, up 7.7 per cent on the previous year. The growth is attributed to strong demand from the construction sector, particularly projects involving...

29 April 2016

Dangote Cement - April 2016

Dangote Group has signed a US$2bn loan with the Industrial Commercial Bank of China Ltd for its two new cement plans in Nigeria. Work has already begun on one factory in Okpella in the south of the country, which is ...

29 April 2016

China National Building Materials (CNBM) - April 2016

Song Zhiping, chairman of China National Building Materials (CNBM), has met with a delegation from the World Business Council for Sustainable Development (WBCSD) to reinforce the company’s commitment to promoting glo...


BETA: Financial Cement Company Analysis