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 which China National Materials Co Ltd will become a subsidiary.  

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...

24 August 2016

UltraTech Cement - August 2016

UltraTech’s plans to construct a new 1.5Mta plant in Bokaro, Jharkhand, have received the backing of the district authorities, according to local press reports. Bokaro is also home to two steel factories, which have ...

24 August 2016

Cementos Argos - August 2016

The second quarter of 2016 has seen total dispatched cement volumes by Cementos Argos fall by 1.9 per cent YoY to 3.5Mt, as a result of what the company describes as a “challenging market environment in Colombia”. Ho...

24 August 2016

Anhui Conch - August 2016

Anhui Conch has reported a 28.8 per cent fall in profits in 1H16, compared to the same period last year. Intense competition and overcapacity have been blamed for the decline, taking profit to CNY3.4bn (US$506m). Rev...

24 August 2016

PT Indocement - August 2016

Tight market competition, the entry of a number of new players and continuing oversupply of cement has made the first half of 2016 particularly challenging for PT Indocement. Compared to the same period last year, th...

02 August 2016

LafargeHolcim - July 2016

LafargeHolcim has agreed to sell Lafarge India to the Indian conglomerate Nirma Ltd for around US$1400m. It will be Nirma’s first investment in the cement sector and comes in spite of a marginally higher offer from a...

02 August 2016

HeidelbergCement - July 2016

HeidelbergCement's first-half results show a one per cent reduction in turnover to EUR6407.0m but EBITDA improved by 5.8 per cent to EUR1112.1m, while the trading profit advanced by 9.9 per cent to EUR728.3m.  The ne...

02 August 2016

Cemex - July 2016

Cemex' first-half turnover declined by 2.1 per cent to US$6881.5m, while EBITDA did improve by 4.8 per cent to US$1353.8m. The trading profit improved by 2.7 per cent to US$841.9m. Net interest payments declined by 6...

02 August 2016

UltraTech Cement - July 2016

UltraTech has at last agreed terms with Jaypee Group for the acquisition of Jaypee’s cement interests. UltraTech is paying some US$2400m for the acquisition of 17.2Mta of cement capacity across five states as well as...

02 August 2016

Italcementi - July 2016

Italcementi’s subsidiary Ciments Français has agreed to the sale of its subsidiary Compagnie des Ciments Belges (CCB) and its subsidiaries to the Cementir subsidiary Aalborg Portland Holding for EUR312m. CCB has a ce...

22 July 2016

Anhui Conch - July 2016

Anhui Conch has missed out on the chance to acquire Lafarge India, despite its offer of INR95bn (US$1.4bn) coming in higher than the winning bid. A deal was finally struck with Nirma Ltd at INR94bn, but this remains ...

22 July 2016

PT Indocement - July 2016

Indonesia’s central bank has unexpectedly cut its benchmark interest rate to 6.5 per cent. This marks the fourth reduction this year alone as the bank tries to spur economic growth. The move comes as Indonesia is for...

22 July 2016

China National Building Materials (CNBM) - July 2016

All eyes will be back on China National Building Materials (CNBM) as the country announces the latest deal in its drive to consolidate its cement sector. Beijing-based cement producer and building materials supplier,...

22 July 2016

Dangote Cement - July 2016

Dangote Cement has signed an EPC contract with Sinoma International Engineering Co Ltd for its new 1.5Mta slag grinding plant in Onne, Nigeria. The US$89m project includes the entire process from the unloading of ...

22 July 2016

PPC - July 2016

Last month saw PPC stock fall to a 13-year low following its downgrading by S&P Global Ratings, according to recent reports by Bloomberg. In response to the downgrade, the company announced plans to raise over ZAR4bn...

22 July 2016

UltraTech Cement - July 2016

UltraTech has reported a 29 per cent increase in profit after tax for the quarter ending 30 June 2016. On a consolidated basis, profit came in at INR7.8bn, up from INR6.04bn in the same period last year. Net sales ov...

22 July 2016

PT Semen Indonesia - July 2016

Total cement sales by Semen Indonesia crept up by 1.2 per cent in the first half of 2016, compared to the same period last year. The opening six months of this year saw sales hit 12.37Mt, versus 12.23Mt in 1H15. O...


BETA: Financial Cement Company Analysis