30 October 2014

Dangote Cement - October 2014

The growth of Dangote Cement continues apace with plans to invest an undisclosed amount in the Mbinga coal mine in west Tanzania being announced last week. On the back of a surge in cement demand, Dangote is currently constructing a 3Mta cement plant in Mtwara, Tanzania, which once com...

30 October 2014

Cementos Argos - October 2014

Cementos Argos is investing US$450m in a new production line at its Sogamoso plant in Colombia. The line, which will have a production capacity of 2.3Mta, will boost Argos’ total capacity in the country to 11.8Mta. D...

30 October 2014

Anhui Conch Cement Co - October 2014

In 9M14 Anhui Conch has seen its revenue increase by 18 per cent to CNY43,674m (US$7.1bn), compared to CNY37,008m in the same period last year. Net profit attributable to shareholders over the same period rose by 51....

03 October 2014

Lafarge - September 2014

Lafarge has agreed the sale of its wholly-owned Russian subsidiary Uralcement to Buzzi Unicem for EUR104m and the proceeds will be used to reduce Lafarge's net debt. In May, Lafarge commissioned its Ferzikovo works i...

03 October 2014

HeidelbergCement - September 2014

HeidelbergCement has filed for a potential IPO of Hanson Building Products Ltd, the concrete and clay building products activities in Great Britain, the United States and Canada. No timeframe has been indicated as ye...

03 October 2014

Italcementi - September 2014

Italcementi's Egyptian subsidiary Suez Cement is expecting to start burning coal at its Katameya (Suez) works this autumn and the use of coal will also be introduced at the Tora and Helwan works within the next two y...

03 October 2014

Buzzi Unicem - September 2014

Buzzi Unicem is to acquire, through its subsidiary Dyckerhoff, the 100 per cent interest in Uralsement from Lafarge for EUR104m in cash. The deal, which still requires regulatory approval, is expected to be comple...

03 October 2014

Votorantim - September 2014

Votorantim Industrial increased its first-half turnover by 9.2 per cent to BRL13,427m (EUR4450m). Of this, Brazil represented 60.9 per cent or BRL8161m, a nine per cent advance. The EBITDA jumped by 25.4 per cent to ...

03 September 2014

CRH - August 2014

CRH's first-half turnover advanced by four per cent to EUR8324m and EBITDA improved by 27.2 per cent to EUR505m. The trading profit jumped from EUR41m to EUR171m and after a net interest charge 2.7 per cent higher at...

03 September 2014

Vicat - August 2014

Vicat's first-half turnover increased by 6.1 per cent to EUR1217.8m, which amounts to a 10.8 per cent advance on a comparative basis. EBITDA was ahead by 3.1 per cent to EUR207.7m and the margin narrowed from 17.5 pe...

03 September 2014

Cimpor - August 2014

Cimpor's first-half turnover showed a 4.4 per cent decline to EUR1243.1m, but at constant exchange rates there was a 22 per cent increase, while EBITDA did improve by 1.6 per cent to EUR288.7m in spite of negative cu...

03 September 2014

Buzzi Unicem - August 2014

Buzzi Unicem's first-half turnover improved by 2.7 per cent to EUR1180.7m and EBITDA rose by 27.7 per cent to EUR138.5m. The depreciation and impairment charges include EUR30.9m in respect of writing off the goodwill...

03 September 2014

Cemex - August 2014

Cemex Latam Holdings is to invest around US$340m in building an additional cement works in Colombia. The new cement works will be built in the Antioquia department, which is enjoying good economic growth. The firs...

03 September 2014

Lafarge - August 2014

Lafarge's 89 per cent-owned subsidiary Heracles General Cement Company has announced a 9.3 per cent increase in turnover to EUR123.4m for the first six months of 2014 and EBITDA loss was reduced from EUR118.5m to EUR...

03 September 2014

Holcim - August 2014

Holcim's Siggenthal works, its largest in Switzerland, has restarted cement production with an activated carbon filter following the damage caused to the previous filter in February, since when the 55m high building ...

03 September 2014

China National Building Materials (CNBM) - August 2014

Disappointing growth in investment in China, particularly in real estate development, has resulted in a significant slowdown in cement demand in the first half of 2014. As a result, cement prices also took a tumble i...

03 September 2014

PT Indocement - August 2014

PT Indocement has reported a three per cent increase in domestic sales volumes to 8.97Mt in 1H14, compared to the same period in 2013. Export sales volumes of cement came in seven per cent higher at 36,000t while cli...

03 September 2014

Anhui Conch Cement Co - August 2014

Anhui Conch has posted a 22 per cent YoY increase in revenue to US$4.68bn in 1H14. Net profit was also up by an impressive 90 per cent to US$945m, on the back of increased sales volumes and prices. Over the same peri...

03 September 2014

Cementos Argos - August 2014

In 1H14 Cementos Argos saw an 87 per cent increase in net profit, compared to the same period last year, mainly driven by acquisitions and positive market trends. This was particularly marked in the US where earnings...

03 September 2014

PT Semen Indonesia - August 2014

PT Semen Indonesia has posted a disappointing 12.8 per cent rise in revenue to IDR12.88trn (US$1.13bn) in 1H14, compared to growth of 31.9 per cent in the same period last year. Sales volumes during the period came i...