02 April 2014

Vicat - March 2014

Turnover eased by 0.3 per cent in 2013 to EUR2286m and the EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent and 0.3 per cent, respectively. The trading profit emerged 3.7 per cent lower at EUR234m. The net financial charge ...

02 April 2014

Buzzi Unicem - March 2014

On a turnover 2.1 per cent lower at EUR2753.1m, Buzzi Unicem's EBITDA improved by 5.7 per cent to EUR481.2m. After writing down the assets in Italy by EUR57.7m and those in Ukraine by EUR39.9m, the trading profit (EB...

02 April 2014

Votorantim - March 2014

The Votorantim Industrial group reported at turnover 14.8 per cent higher at BRL26,272 (EUR8433m) and an EBITDA 18.9 per cent ahead at BRL5,392m (EUR1731m). Of this, the cement division contributed 47.3 per cent comp...

02 April 2014

Italcementi - March 2014

Italcementi's 2013 turnover declined by 5.4 per cent to EUR4235.4m while the underlying EBITDA way off by just 1.9 per cent to EUR631m. The depreciation charge declined by 6.5 per cent to EUR426.5m and impairment cha...

02 April 2014

Cemex - March 2014

Cemex Philippines is adding 1.5Mta of cement capacity at its Naga works this year and is also expanding its terminal and distribution facilities. Cemex Philippines is looking for further growth in demand on the back ...

02 April 2014

HeidelbergCement - March 2014

HeidelbergCement's 2013 turnover eased by 0.6 per cent to EUR13,935.9m and the EBITDA declined by 2.1 per cent to EUR2424.4m. At the trading level, however, there was a 75.1 per cent improvement to EUR1649.7m because...

02 April 2014

Lafarge - March 2014

Lafarge Nigeria has plans to more than double its capacity in Nigeria from 6Mta to 16Mta over the next three to four years. The additional capacity is to be installed at the Calabar works and Ashaka Cement, and will ...

02 April 2014

Holcim - March 2014

Holcim’s Indian subsidiary ACC has emerged as the favourite to buy the majority stakes in the two cement works at Bhilai and Bokaro from the Jaypee Group that have a combined capacity of just over 4Mta. Both stakes s...

27 March 2014

CNBM - March 2014

CNBM will be welcoming China’s new 2014-20 Urbanisation Plan, announced last week. According to Reuters, the plan aims to boost domestic consumption by increasing the proportion of urban residents to 60 per cent by 2...

27 March 2014

PT Indocement - March 2014

In 2013 Indocement's domestic sales volumes rose by 1.2 per cent to 18.2Mt, compared to the previous year. Net revenue grew by 8.1 per cent to IDR18,691bn (US$1.64bn), mainly as a result of increased sales prices. Op...

27 March 2014

Anhui Conch Cement Co - March 2014

Anhui Conch has announced a pre-tax profit for 2013 of CNY12.67bn (US$2.04bn), compared to CNY8.13bn in the previous year. Revenue was also up, rising by 20.75 per cent to CNY55.26bn. Net profit attributable to equit...

27 March 2014

Cementos Argos - March 2014

Earlier this month Cementos Argos increased the price of cement by HNL8 (US$0.42)/bag taking a 42.5kg bag of Piedra Azul cement to HNL168 (US$8.63). The price had previously been frozen at HNL160 (US$8.21). “We ha...

27 March 2014

PT Semen Indonesia - March 2014

State-owned cement producer, Semen Indonesia, has secured an IDR1.4trn (US$123m) non-cash loan from Bank Mandiri to purchase equipment for its new plant in Rembang, Central Java. The plant, which is already under con...

27 March 2014

Dangote Cement - March 2014

Dangote Cement has recalibrated all three of its Nigerian plants (Ibese, Gboko and Obajana) to produce only 52.5 grade cement. The move follows concerns that sub-standard cement is responsible for a spate of building...

27 March 2014

UltraTech Cement - March 2014

UltraTech’s plans to establish new plants in Uttarakhand, northern India, and Myanmar have hit stiff opposition this month. In Myanmar, residents in the Lun-Nya area, where the proposed cement plant is to be locat...

27 March 2014

PPC - March 2014

With construction already underway on its new 1.4Mta plant in Ethiopia, PPC will be hoping to cash in on the billions of dollars of public works projects being carried out across the country. As the Ethiopian governm...

06 March 2014

Holcim - February 2014

Holcim’s Indian subsidiary ACC Ltd has started up a new cement works at Padubidri in the state of Karnataka, using fly ash from a power station in Udupi and clinker from ACC's Wadi works. The plant has a capacity of ...

06 March 2014

Lafarge - February 2014

Lafarge's turnover declined by 3.9 per cent to EUR15,198m in 2013, having increased by 3.5 per cent in 2012. The EBITDA came down by 9.4 per cent to EUR3102m and the trading profit fell by 14 per cent to EUR2075m as ...

06 March 2014

HeidelbergCement - February 2014

Preliminary figures from HeidelbergCement show turnover easing by 0.6 per cent to EUR13,936m, though on an underlying basis there was a 3.4 per cent increase. The EBITDA eased by 2.1 per cent to EUR2424m but improved...

06 March 2014

Cemex - February 2014

Cemex' turnover improved by 1.6 per cent in 2013 to US$15,226.5m and the EBITDA emerged 0.7 per cent ahead at US$2,643.0m, while the trading profit advanced by 17.4 per cent to US$1517.8m. The net interest charge ros...