26 April 2017

Cementos Argos - April 2017

February 2017 saw cement consumption in Colombia contract by 3.5 per cent, according to DANE, the country’s statistics office. Just over 1Mt was consumed in the second month of the year, compared to 1,045,900t in the same month in 2016. Cement production over the period also fell, decl...

26 April 2017

China National Building Materials (CNBM) - April 2017

China National Building Materials (CNBM) will be hoping to see an uptick in cement demand as China’s GDP growth defies analysts in the opening quarter of 2017. According to the National Bureau of Statistics, the C...

26 April 2017

PT Indocement - April 2017

PT Indocement’s domestic sales volumes fell by 2.9 per cent YoY to 16.6Mt in 2016, causing its market share to contract from 27.1 to 26 per cent over the same period. Net income for the year declined by 11.03 per cen...

26 April 2017

Dangote Cement - April 2017

April has been a mixed month for Dangote Cement with birthday celebrations for Aliko Dangote marred by tragedies involving cement trucks owned by the company. Mr Dangote first honed his business skills at school, buy...

26 April 2017

Anhui Conch - April 2017

Shares in Anhui Conch are expected to jump this month as China reveals its latest plans for a new economic zone in the province of Hebei. The new zone, known as the Xiongan New Area, is located around 100km south-wes...

26 April 2017

UltraTech Cement - April 2017

UltraTech Cement has reported a 10 per cent YoY increase in profit after tax in FY17 to INR27.15bn (US$421.9m). Consolidated sales came in at INR250.92bn, up slightly from the INR248.8bn recorded in the previous year...

26 April 2017

PPC - April 2017

PPC’s new cement grinding plant in Harare, Zimbabwe, is now officially open for business. The US$85m works was opened by President Robert Mugabe and marks the company’s third production site in the country. With a...

26 April 2017

Semen Indonesia - April 2017

Semen Indonesia has said that it will open its new Rembang plant in Central Java in the first half of this year. The 3Mta plant, which has been plagued by delays, is currently awaiting environmental clearance, which ...

04 April 2017

LafargeHolcim - March 2017

LafargeHolcim's underlying turnover for 2016 amounted to CHF26,904m, a decline of 8.7 per cent, while in euro terms there was an 8.3 per cent decrease to EUR25,255m. The Asia-Pacific region generated 29.9 per cent of...

04 April 2017

HeidelbergCement - March 2017

HeidelbergCement's turnover increased by 12.6 per cent last year to EUR15,166m. EBITDA improved by a 12.5 per cent to EUR2939m and the trading profit advanced by 7.5 per cent to EUR1984m. After a 10.2 per cent reduct...

04 April 2017

Cemex - March 2017

Cemex has agreed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53m. In Thailand there is an integrated works at Saraburi with a clinker capacity of 0.73Mta and a cement ca...

04 April 2017

CRH - March 2017

CRH's turnover improved by 14.7 per cent in 2016 to EUR27,104m while EBITDA advanced by 41.1 per cent to EUR3130m. The trading profit increased by 58.7 per cent to EUR2027m. The net interest charge was 7.5 per cent h...

04 April 2017

Buzzi Unicem - March 2017

Buzzi Unicem's turnover edged ahead by 0.3 per cent in 2016 to EUR2669.3m, with the recurring EBITDA improvement being 15 per cent to EUR550.7m. The depreciation and amortisation charges declined by 3.1 per cent, giv...

04 April 2017

Cimpor - March 2017

With declining volumes in Cimpor's three most important markets; Brazil, Argentina and Portugal, the turnover fell by 26.1 per cent in 2016 to EUR1842.8m and EBITDA came off by 32.9 per cent to EUR352.6m. After a EUR...

04 April 2017

Titan - March 2017

Titan's turnover improved by eight per cent in 2016 to EUR1509.2m and EBITDA rose by 28.7 per cent to EUR278.6m. Following a 2.74 per cent reduction in the depreciation and impairment charge to EUR127.1m, the trading...

04 April 2017

Cementir - March 2017

Cementir Holding's total operating revenue in 2016 improved by 7.3 per cent to EUR1068.4m and EBITDA emerged two per cent ahead at EUR197.8m. The trading profit, however, declined  by 3.1 per cent to EUR94.7m while t...

28 March 2017

Anhui Conch - March 2017

Despite over-capacity and intense market competition, Anhui Conch recorded a 9.72 per cent increase in revenue in 2016 to CNY55.9bn (US$8.1bn), compared to the previous year. Net profit came in at CNY8.57bn, up 13.7 ...

28 March 2017

Cementos Argos - March 2017

Cementos Argos has reported a 7.7 per cent increase in consolidated revenue to US$8.5bn in 2016. Consolidated EBITDA came in at US$1.7trn, up 8.7 per cent YoY. While the US division, which accounts for 50 per cent...

28 March 2017

China National Building Materials (CNBM) - March 2017

China National Building Materials (CNBM) has been in talks with the President of Tanzania regarding the construction by Sinoma International Engineering Co of a new cement plant in the country. The proposed works ...

28 March 2017

PT Indocement - March 2017

PT Indocement recorded net revenue of IDR15.36trn (US$1.15bn) in 2016, down from IDR17.8trn in 2015 and IDR19.9trn the year before. The order in early 2015 by President Joko Widodo to lower the price of cement is bei...