01 November 2017

LafargeHolcim - October 2017

The Indian LafargeHolcim subsidiary Ambuja Cement sold 17.09Mt of cement during the first half of 2017, a YoY increase of six per cent with the third quarter showing an 11.6 per cent rise to 5.02Mt. The turnover advanced by 10.1 per cent to INR76.29bn, but EBITDA were only 3.1 per cent...

01 November 2017

Cemex - October 2017

During the first nine months of the year, Cemex cement shipments eased by 1.6 per cent to 51.31Mt, while ready-mixed concrete deliveries edged ahead by 0.1 per cent to 38.66Mm² and aggregates shipments by 0.2 per cen...

01 November 2017

CRH - October 2017

The shareholders of Ash Grove Cement have now approved the take-over by CRH, adding eight cement works, 52 batching plants and 45 aggregates extraction sites. The potential alternative offer for Ash Grove suggested b...

01 November 2017

Semen Indonesia - October 2017

Semen Indonesia has been forced to suspend construction of its new plant in Aceh, Indonesia. Located in the Pidie Jaya regency, the works is due to commence operations in 2020 but has been plagued with land disputes....

01 November 2017

UltraTech Cement - October 2017

For the quarter ending 30 September 2017, UltraTech Cement has recorded net sales in excess of US$1bn. The Aditya-Birla Group company saw its net sales for the three-month period come in at INR68,400m (US$1.05bn) com...

01 November 2017

PPC - October 2017

October has seen the saga over PPC’s future continue to dominate the headlines. Last month saw AfriSam submit a merger deal, backed by Toronto-based Fairfax Financial Holdings. However, Prudential Investment Managers...

01 November 2017

Dangote Cement - October 2017

Dangote Cement has seen its group revenue increase by 36.5 per cent to NGN603.8bn (US$1.68bn) in the first nine months of 2017. In its unaudited results, the company also announced a 64.9 per cent improvement in grou...

01 November 2017

PT Indocement - October 2017

Despite an announcement on 26 October by the Indonesian government of an infrastructure budget in 2018 of IDR410.7trn (US$30.2bn), 2.39 per cent higher than 2016, shares in PT Indocement lost 4.69 per cent, after ris...

01 November 2017

China National Building Materials (CNBM) - October 2017

China National Building Materials Group (CNBM) is in talks to integrate some of its 15 subsidiaries. The move follows the announcement in September this year of the merger between CNBM and China National Materials Gr...

01 November 2017

Anhui Conch - October 2017

Anhui Conch Cement has seen its net profit advance by 64.3 per cent to CNY9.81bn (US$1.48bn) in the period 1 July 2017 to 30 September 2017. This compares to CNY5.97bn in the same period last year. Net revenue ove...

10 October 2017

Cimpor - September 2017

Cimpor's first-half turnover improved by 2.6 per cent to EUR920.9m, while EBITDA declined by 2.6 per cent to EUR165.7m. The amortisation and provision charge dropped from EUR527.9m to EUR284.3m as the EUR433m good-wi...

10 October 2017

Votorantim - September 2017

The Votorantim Cimentos has announced its intention to sell its 50 per cent interest in the northen Florida cement company, Suwannee American Cement LLC. The joint owner of  Suwannee American Cement id the private...

10 October 2017

Buzzi Unicem - September 2017

Buzzi Unicem has acquired a 50 per cent stake in Ecotrade SpA, a company which deals in blast furnace slag and coal ash and handles in excess of 2Mta. Buzzi Unicem intends to expand Ecotrade’s operations beyond Italy...

10 October 2017

CRH - September 2017

CRH is to acquire Ash Grove Cement Company for US$3500m. Ash Grove Cement is currently the largest privately-owned cement producer in the USA and operates eight cement plants, two import terminals, 52 ready-mixed bat...

10 October 2017

Cemex - September 2017

Cemex has sold its 9.47 per cent direct stake in Grupo Cementos de Chihuahua for around US$168m, while retaining an indirect interest via the shares held by CAMCEM SA and this amounts to around 20 per cent. An earlie...

10 October 2017

HeidelbergCement - September 2017

HeidelbergCement has provisionally agreed terms with Cementir to acquire Cementir Italia’s Italian cement and ready-mixed concrete business, subject to such a deal not being blocked by the competition authorities. Be...

25 September 2017

Anhui Conch - September 2017

Anhui Conch saw its shares rise by five per cent earlier this month on the back of analyst predictions of a rise in cement prices. Limited supplies and an uptick in construction activity is expected to drive up all b...

25 September 2017

UltraTech Cement - September 2017

UltraTech expects domestic cement demand to return to “normal levels” on the back of renewed infrastructure spending by the Indian government. An improvement in the Indian economy has led to a rise in rural demand, p...

25 September 2017

China National Building Materials (CNBM) - September 2017

China National Building Materials (CNBM) has said that its merger with China National Materials Group Corp (Sinoma) will be finalised by the end of this year. The merger process began back in August 2016 when the dea...

25 September 2017

PT Indocement - September 2017

On 13 September PT Indocement launched its new product – Tiga Roda Superslag Cement. Slag cement is seen as the answer to market demand for a cement which offers low-heat hydration and is environmentally friendly due...