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 subject to approval by the Competition Commission of India (CCI). The ...

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...

22 July 2016

Cementos Argos - July 2016

Colombia’s cement producers, such as Cementos Argos, will be encouraged by the signing earlier this month of a bilateral freetrade agreement between Colombia and South Korea. The agreement is designed to serve as ...

04 July 2016

HeidelbergCement - June 2016

HeidelbergCement Georgia sold 1.63Mt of cement and clinker during 2015, a 19 per cent increase YoY.  The company enjoys a 60 per cent share of the Georgian market and intends to invest some US$100m to build a dry pro...

04 July 2016

LafargeHolcim - June 2016

LafargeHolcim aims to sell its operations in Sri Lanka, which consists of one integrated works, a grinding centre and a bagging plant.  Its cement production in 2015 amounted to 1.7Mt, generating a turnover of US$158...

04 July 2016

Votorantim - June 2016

Votorantim has opened a new Brazilian cement works at Primavera, Para. The plant, which has an annual capacity of 1.2Mt, has cost BRL860m (US$258m) and should be operating at in excess of 50 per cent of capacity by t...

04 July 2016

Cemex - June 2016

Cemex is to float a 45 per cent minority in Cemex Holdings Philippines on the Philippine Stock Exchange during July. The group is expecting to raise around US$507m.  The proceeds will be used to reduce net debt.  

29 June 2016

Anhui Conch - June 2016

In a bid to boost Cambodia’s domestic supply of cement, Battambang Conch Cement has announced plans to construct a new cement plant in the country’s northwestern province of Battambang. Battambang Conch Cement is a j...

29 June 2016

PT Indocement - June 2016

Last month it was revealed that Indonesia needed US$450bn to finance its infrastructure development plans for 2015-19. As many as 30 projects in the road, rail, power, water and waste sectors had been identified as p...

29 June 2016

China National Building Materials (CNBM) - June 2016

China National Building Materials (CNBM) plans to become a shareholder in Eurocement Group, Russia’s leading producer of construction materials. The deal, which was signed in China on 25 June, is believed to be wo...

29 June 2016

Dangote Cement - June 2016

With Ghana’s economy expected to grow by 4.5 per cent this year on the back of an upturn in oil production in 2H16, Dangote is rapidly speeding up its expansion plans in the country. The company is currently investin...

29 June 2016

PPC - June 2016

In the six months ended 31 March, 2016, PPC saw its group revenue dip by one per cent to ZAR4.5bn (US$294.01m). Group EBITDA was up by two per cent to ZAR1.1bn with an EBITDA margin of 25.4 per cent, mainly due to im...

29 June 2016

UltraTech Cement - June 2016

UltraTech Cement, along with ACC and Ambuja Cements, have hailed India’s Smart Cities as playing a key role in the medium- to long-term outlook for cement demand in the country. But a meeting this weekend (2 July) ra...

29 June 2016

PT Semen Indonesia - June 2016

Cement exports by Semen Indonesia (including Semen Padang and Semen Tonasa) fell by 21.3 per cent during May 2016 to 37,588t, compared to 47,751t in the same month last year, according to the Indonesian Cement Associ...

29 June 2016

Cementos Argos - June 2016

A boom in infrastructure projects in Colombia is driving a flurry of activity among its cement producers to increase capacity and upgrade existing facilities. Among these is Cementos Argos, which is currently constru...


BETA: Financial Cement Company Analysis