06 August 2014

Holcim - July 2014

The proposed merger with Lafarge in 2015 is likely to result in the sale of Holcim's operations in France, other than the Atkirch works and the operations in the Haut Rhin market, plus Hungary, Serbia, Canada and Mauritius. The future of the assets in The Philippines and Brazil has yet...

06 August 2014

Lafarge - July 2014

The proposed merger with Holcim is likely to result in the sale of Lafarge's operations in Romania, Germany, the Mannersdorf works in Austria, the wholly-owned operations on Réunion and the interest in the Lafarge Ta...

06 August 2014

HeidelbergCement - July 2014

The HeidelbergCement subsidiary in Bosnia-Herzegovina, Tvornica Cementa Kakanj, advanced its trading profit by 1.5 per cent to EUR15.9m during the first six months of 2014 and the net profit grew by 6.25 per cent to ...

06 August 2014

Cemex - July 2014

Cemex' first-half turnover improved by 5.7 per cent to US$7.737bn and EBITDA edged ahead by 1.5 per cent to US$1.27bn, while the trading profit improved by 4.5 per cent to US$721.5m. Net interest payments rose by 15....

06 August 2014

Italcementi - July 2014

Italcementi's first-half turnover declined by six per cent to EUR2.048bn, but running EBITDA did improve by 2.2 per cent to EUR304.8m. Helped by a 6.2 per cent reduction in the amortisation and depreciation charge, t...

06 August 2014

Buzzi Unicem - July 2014

The agreement between Buzzi Unicem and Wietersdorfer of Austria has been finalised and comes into force on 1 August. Buzzi Unicem acquires a 25 per cent interest the largest Slovenian cement producer Salonit Anhovo a...

25 July 2014

China National Building Materials (CNBM) - July 2014

CNBM subsidiary Sinoma International Engineering has won a turnkey contract for two new 5775tpd cement kiln lines from the Ministry of Defence in Egypt. The project is to be situated in Sinai, Egypt, about 50km south...

25 July 2014

PT Indocement - July 2014

Indonesia has finally announced Joko “Jokowi” Widodo as its new president following the country’s elections earlier this month. Jokowi’s pledge that infrastructure would be a focus area during his presidency gave con...

25 July 2014

Anhui Conch Cement Co - July 2014

Shares in Anhui Conch rose by over five per cent earlier this month following the company’s forecast of a 90 per cent YoY increase in first-half net profit to CNY3.06bn (US$492.75m), compared to the same period last ...

25 July 2014

Cementos Argos - July 2014

Cementos Argos has awarded a contract to Gothenburg, Sweden-based SKF to provide a broad range of engineering products and services for its operations in Colombia over the next three years. “SKF has an extensive part...

25 July 2014

PT Semen Indonesia - July 2014

Semen Indonesia, the largest cement producer in southeast Asia, has said that it expects its first-half profits to expand by just eight per cent this year, compared to 21.8 per cent in the same period last year. Reve...

25 July 2014

Dangote Cement - July 2014

Sephaku Cement, in which Dangote Cement is a majority shareholder, has reported a loss of US$1.37m in the year ended March 2014. The loss is due to one plant only commencing production in January this year while the ...

25 July 2014

UltraTech Cement - July 2014

UltraTech Cement Ltd, an Aditya Birla Group company, has announced net sales of INR56.49bn (US$941m) in the quarter ended 30 June 2014, compared to INR49.59bn in the same period last year. Profit before interest, dep...

25 July 2014

PPC - July 2014

PPC has awarded a contract to Morupule Coal Mine (MCM) in Botswana to supply coal to PPC’s Slurry cement factory near Mafikeng in the North West province, South Africa. Along with Botswana Railways and Transnet Fr...

02 July 2014

Votorantim Cimentos - June 2014

Votorantim Industrial's first-quarter turnover improved by 11.2 per cent to BRL6577m (US$2985m) and the EBITDA jumped by 41 per cent to BRL1528m, but the net income dropped by 96 per cent to BRL8m. Capital expenditur...

02 July 2014

Italcementi - June 2014

Italcementi, through its Moroccan subsidiary Ciments du Maroc, is investing in the construction of a new grinding centre at Jorf Lasfar, some 110km southwest of Casablanca. The new grinding centre will have a cement ...

02 July 2014

Cemex - June 2014

Cemex is investing around US$22.75m in its Dominican Republic operations, where it trades under the Cementos Titan brand. At the San Pedro de Macorís works, the company plans to generate electricity from waste hea...

02 July 2014

Lafarge - June 2014

Lafarge has agreed the sale of Lafarge Cementos in Ecuador to Union Andina de Cemento of Peru for US$553m. The completion date for the sale of this 1.4Mta works has yet to be agreed. This deal follows the sale of the...

02 July 2014

Holcim - June 2014

Huaxin Cement, which is 41.9 per cent controlled by Holcim, has acquired a 40 per cent stake in the Cambodian cement producer Cement Chakrey Ting for US$24m. Cement Chakrey Ting's cement plant was completed last y...

26 June 2014

PPC - June 2014

PPC Zimbabwe has seen its cement sales fall by five per cent in the first five months of 2014 due to a slowdown in housebuilding. According to Njombo Lekula, managing director, while in the past few years there has b...