07 May 2015

Votorantim - April 2015

Votorantim Cementos has announced a US$1600m investment programme that involves five new cement plants in Brazil, two in Turkey and one in Bolivia as well a the expansion and modernisation of a number of existing facilities. These investments cover the 2015 to 2018 period. These projec...

07 May 2015

Italcementi - April 2015

Italcementi’s North American arm, Essroc, has agreed to acquire Holcim’s slag cement grinding centre in Camden, New Jersey, and the cement terminal at Everett, Massachusetts. The proposed disposal is subject to the H...

07 May 2015

Cemex - April 2015

Cemex' first-quarter turnover declined by 5.3 per cent to US$3399.87m, but EBITDA did improve by 6.3 per cent to US$568.54m. Helped by a 12.7 per cent reduction in the depreciation and amortisation charge, the tradin...

07 May 2015

Lafarge - April 2015

Subject to the proposed amalgamation of Holcim and Lafarge going through, Summit Materials will acquire Lafarge’s 1.1Mta cement works at Davenport, Iowa and seven marine terminals along rhe US inland waterways system...

07 May 2015

Holcim - April 2015

The Indian competition authorities have approved the Holcim Lafarge merger, subject to the disposal of one integrated works and one grinding centre in the east of the country, representing a capacity of around 5Mta. ...

29 April 2015

China National Building Material Co Ltd (CNBM) - April 2015

Arabian Cement Company has appointed CNBM to supply and install two new mills at its cement plant in Rabigh. The contract, which includes all engineering, construction and electrical and mechanical works is reportedl...

29 April 2015

Anhui Conch Cement Co - April 2015

Earlier this month a delegation from Anhui Conch Cement Company Ltd met with the governor of the Chelyabinsk region in Russia to discuss the possibility of setting up a cement plant in the South Urals. During the fou...

29 April 2015

UltraTech Cement - April 2015

UltraTech Cement has reported a drop in its quarterly net profit for the fourth quarter ended 31 March, 2015. Profit has slipped to INR6.15bn from INR8.38bn in the same period last year. This includes a tax provision...

29 April 2015

PPC - April 2015

PPC, which recently called off merger talks with AfriSam, is reported to be entering a joint venture with Hodna Algerian Cement Co (HACC) to build a new 2.2Mta cement plant in M’sila, Algeria. According to Algeria’s ...

29 April 2015

Cementos Argos - April 2015

With the US government announcing a US$478bn spend on infrastructure projects over the next six years, Cementos Argos will be looking to further consolidate its position in the country. 2014 saw the company increa...

29 April 2015

Semen Indonesia - April 2015

Despite Semen Gresik and Semen Padang both posting a fall in sales volumes in 1Q15, PT Semen Indonesia is pushing ahead with its expansion plans. Semen Gresik saw sales drop by 0.6 per cent to 3.27Mt, compared to 3.2...

29 April 2015

PT Indocement - April 2015

Buoyed by a seven per cent increase in revenue in 2014 to IDR19,996bn (US$1.54bn), Indocement is pressing ahead with its capex plans this year. Gross profit also grew, up by five per cent to IDR9086bn, while EBITDA f...

29 April 2015

Dangote Cement - April 2015

Dangote Cement’s new plant in Ethiopia will open in May this year, helping to close the gap between demand and supply in the country. The plant, which is located in Oromia, is one of the largest in east Africa with a...

02 April 2015

Holcim - March 2015

Holcim has sold its remaining 27.5 per cent stake in Siam City Cement for CHF655m (EUR624m) in a share placement that will yield a CHF465m (EUR348m) profit. A 24.9 per cent stake went to a member of the Hong Kong-bas...

02 April 2015

Lafarge - March 2015

Lafarge Zimbabwe saw volumes decline by 7.4 per cent in 2014 to 0.31Mt as a result of reduced commercial and residential building activity.

02 April 2015

HeidelbergCement - March 2015

HeidelbergCement's turnover increased by four per cent last year to EUR12,614m, or by 8.4 per cent on a comparative basis, and EBITDA improved by a 2.9 per cent to EUR2288m. Trading profit advanced by five per cent t...

02 April 2015

Italcementi - March 2015

Italcementi's 2014 turnover declined by a further 1.8 per cent to EUR4155.6m, but the underlying EBITDA did improve by 2.9 per cent to EUR649.1m. The depreciation charge declined by 3.1 per cent to EUR408.3m and impa...

02 April 2015

Votorantim - March 2015

Votorantim Industrial generated a turnover 6.9 per cent higher atBRL28,059m (EUR8,660m) while EBITDA rose by 31.9 per cent to BRL7105m (EUR2193m). Votorantim Cimentos contributed 46.5 per cent of the turnover and 50 ...

02 April 2015

Buzzi Unicem - March 2015

On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m, while at the headline level there was a 4.8 per cent advance to EUR422.7m. After a 23 p...

02 April 2015

Cimpor - March 2015

Cimpor's turnover eased by 0.8 per cent in 2014 to EUR2603.7m while EBITDA declined by 6.7 per cent to EUR645.6m. The trading profit emerged 7.9 per cent lower at EUR448.8. The net financial charge declined by 8.8 pe...