06 January 2015

CRH - December 2014

CRH has agreed the sale of its clay and concrete activities in Great Britain and its Glen Gery clay operations in the USA for  GBP414m (EUR522m) to Bain Capital Europe, while retaining property assets valued at around EUR38m. The most important British business is Ibstock, the others b...

06 January 2015

Votorantim - December 2014

Votorantim’s Spanish subsidiary Cementos Cosmos has announced that the Toral de los Vados cement works is set to increase shipments by some six per cent in 2014 to 0.67Mt. Of this, exports will account for around 185...

06 January 2015

Buzzi Unicem - December 2014

Buzzi Unicem completed the acquisition of Uralcement from Lafarge on 1 December. The addition of the 1.1Mta wet-process works at Korkinho at a cost of EUR104m gives the Buzzi Unicem subsidiary Dyckerhoff a second wor...

06 January 2015

Italcementi - December 2014

The Italcementi subsidiary Suez Cement is investing EUR68m (US$84m) in 2015 in its Helwan and Tora II works to convert them to burning coal and waste-derived fuels. In addition, towards the end of 2014, Suez Cemen...

06 January 2015

Cemex - December 2014

Cemex is restarting work on expanding the Tepeaca works in the state of Puebla, Mexico, that was halted in 2008, with a view of completing the expansion in 2017. This will require an additional US$200m to be spent on...

06 January 2015

HeidelbergCement - December 2014

HeidelbergCement’s subsidiary Ghacem in Ghana is seeing its cement production fall significantly because of interruptions to the electricity supply, as the country’s monopoly supplier introduces 48h power cuts for in...

06 January 2015

Lafarge - December 2014

Lafarge Africa is offering to buy out the 41.39 per cent minority in Ashaka Cement. Lafarge Africa is obliged to make the offer as it has become the new majority shareholder in Ashaka Cement following the September m...

06 January 2015

Holcim - December 2014

The European Commission has cleared the proposed merger of Holcim and Lafarge, subject to the disposals already agreed with the commission. The names of the merged group’s executive team have been announced and, in a...

23 December 2014

Anhui Conch Cement Co - December 2014

PT Conch, a subsidiary of Anhui Conch Cement, has opened its greenfield cement plant in South Kalimantan, Indonesia. With a production capacity of 1.5Mta, the project has cost US$202m and is strategically located ...

23 December 2014

Cementos Argos - December 2014

Cementos Argos has pulled out of the running for any Brazilian assets being sold off following the Lafarge/Holcim merger. According to Cementos Argos, any potential purchase would not “generate the value its investme...

23 December 2014

Dangote Cement - December 2014

Dangote’s Nigerian cement plants in Gboko, Ibese and Obajana have all received certification for ISO 9001 Quality Management System, ISO 14001 Environmental Management System and BS OHSAS 18001 Occupational Health an...

08 December 2014

CRH - November 2014

In its autumn trading statement, CRH announced that turnover improved by three per cent in Europe and by five per cent in the Americas, or four per cent overall. EBITDA should be ahead by around 10 per cent on both s...

08 December 2014

Vicat - November 2014

Vicat's turnover for the first nine months of the year improved by 6.1 per cent to EUR1847m, which represents an underlying advance of 9.7 per cent. The gearing level was little changed at 51.7 per cent at the end of...

08 December 2014

Cimpor - November 2014

Cimpor's nine-month turnover declined by 1.6 per cent to EUR1952.2m and EBITDA was off by 4.2 per cent to EUR461.1m as the Brazilian, Argentine and South African currencies declined by 10, 36 and 14 per cent, respect...

08 December 2014

Buzzi Unicem - November 2014

Buzzi Unicem's turnover for the first nine months edged ahead by 0.2 per cent to EUR1898.7m while EBITDA improved by 10.8 per cent to EUR302.5m. The trading profit was ahead by 15.1 per cent to EUR136.1m and net fina...

08 December 2014

Italcementi - November 2014

Italcementi's turnover declined by 3.1 per cent to EUR3217.5m in the first nine months the year and the running EBITDA eased by 0.6 to EUR469.3m. Very substantially lower re-organisation costs and a 12.1 per cent red...

08 December 2014

HeidelbergCement - November 2014

HeidelbergCement's turnover improved by 2.7 per cent to EUR10,127m in the first nine months of the 2014 and EBITDA was 5.7 per cent ahead at EUR1794m. At the trading level, the profit increased by 10.9 per cent to EU...

08 December 2014

Lafarge - November 2014

In the first nine months of the year, Lafarge's turnover, including its share of joint ventures, declined by 1.3 per cent to EUR11,332m while EBITDA edged ahead by 0.5 per cent to EUR2320m. The trading profit improve...

08 December 2014

Holcim - November 2014

Holcim's turnover for the first nine months declined by 4.7 per cent to CHF14,243m, while in euro terms the reduction was 3.6 per cent to EUR12,136m and in US dollar terms the drop was just 0.9 per cent. On a like-fo...

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 Myanm...