27 September 2016

China National Building Materials (CNBM) - September 2016

China National Building Materials (CNBM) group’s merger with China National Materials (Sinoma) group has been approved. An official merger ceremony was held in Beijing at the end of last month. According to Cao Jianglin, president of CNBM, the new company will have total assets of abou...

27 September 2016

PPC - September 2016

At a presentation at the RMB Morgan Stanley Big Five conference in Cape Town on 26 September, PPC outlined how despite group cement sales volumes advancing by seven per cent in the first five months of FY2017, signif...

27 September 2016

Semen Indonesia

As the country tackles tight competition and oversupply, Semen Indonesia is planning to partner with precast concrete firms to boost demand. With precast concrete producers using cement as a raw material, they provid...

27 September 2016

Dangote

Despite a 15 per cent increase in sales in Nigeria in July and August this year, Dangote Cement has been forced to increase its cement prices in the country due to escalating costs. Disruptions to the domestic gas su...

27 September 2016

Anhui Conch - September 2016

Anhui Conch is reportedly interested in acquiring a stake in Pakistan’s Dewan Cement Ltd (DCL), according to local media reports. While DCL denies the reports, a Chinese company, believed to be Anhui Conch, has been ...

27 September 2016

Cementos Argos - September 2016

Cementos Argos has agreed to purchase the Essroc cement plant in Martinsburg, West Virginia, USA, from HeidelbergCement. The deal, which is reputedly worth around US$650m, forms part of HeldelbergCement’s divestment ...

27 September 2016

UltraTech Cement - September 2016

UltraTech is one of 10 companies being fined by the Competition Commission of India (CCI) for allegedly conspiring to fix cement prices, contravening competition law. The total fine amounts to US$944m, 76 per cent of...

27 September 2016

PT Indocement - September 2016

PT Indocement’s new line in Citeureup is one of three new projects that will see Indonesia’s cement production capacity hit 92Mta by early next year and reach 100Mta by 2018, according to recent figures from the Indo...

02 September 2016

Vicat - August 2016

Vicat's first-half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. EBITDA improved by 2.3 per cent to EUR208m and the margin advanced from 16.3 per cent to...

02 September 2016

Cimpor - August 2016

Cimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100.6m to EUR527.9m as a result of a EUR43...

02 September 2016

Votorantim - August 2016

Votorantim, formerly Votorantim Industrial, generated a second quarter turnover 3.8 per cent lower at BRL7573m (EUR2074m) while EBITDA declined by 17.4 per cent to BRL1490m (EUR408m). The first half generated a turno...

02 September 2016

Buzzi Unicem - August 2016

Buzzi Unicem's first-half turnover improved by 1.9 per cent to EUR1261.3m and EBITDA rose by 33.5 per cent to EUR222.5m. Group cement deliveries improved by 2.7 per cent to 12.2Mt, while ready-mixed concrete deliveri...

02 September 2016

CRH - August 2016

CRH's first-half turnover advanced by 35 per cent to EUR12,693m and  EBITDA more than doubled to EUR1120m, with the underlying increase being 20 per cent. The trading profit rose from EUR189m to EUR588m and after a n...

02 September 2016

Cemex - August 2016

Cemex investment in Grupo Cementos de Chihuahua is being restructured, with Cemex taking a 23 per cent direct stake as well as a minority interest in Camcem, which will be the majority shareholder in Cementos de Chih...

02 September 2016

HeidelbergCement - August 2016

To eliminate monopoly issues in the USA caused by the acquisition of Italcementi, HeidelbergCement has agreed to sell the cement works at Martinsburg, West Virginia, and eight cement terminals to Cementos Argos for U...

02 September 2016

LafargeHolcim - August 2016

LafargeHolcim has agreed to sell its 65 per cent stake in LafargeHolcim Vietnam to Siam City Cement Company, assuming that the existing minority shareholder does not exercise its pre-emption rights. Based on a compan...

24 August 2016

China National Building Materials (CNBM) - August 2016

China National Building Materials (CNBM) has agreed to purchase China National Materials Corp (Sinoma), following approval of the deal by the government. CNBM will be renamed as China Construction Materials Group, of...

24 August 2016

Semen Indonesia - August 2016

Semen Indonesia’s new plant in Kendeng, Central Java, was dealt a blow earlier this month when President Joko Widodo ordered a pause in the opening of new plants in the region, despite Semen Indonesia’s factory being...

24 August 2016

PPC - August 2016

Following S&P Global Ratings slashing PPC’s rating to ‘junk’, PPC shareholders have unanimously approved a ZAR4bn (US$285m) capital raising to help relieve short-term pressure on the company’s balance sheet. PPC’s de...

24 August 2016

Dangote - August 2016

Dangote Cement has reported a 20.6 per cent increase in revenue to NGN292.2bn (US$925m) for the first half of 2016, compared to the same period last year. EBITDA, however, has fallen by 10.2 per cent to NGN132.5bn du...


BETA: Financial Cement Company Analysis