02 August 2018

HeidelbergCement - July 2018

HeidelbergCement's 1H18 turnover edged ahead by 0.4 per cent to EUR8432m, while EBITDA declined by 11.8 per cent to EUR1188m. The group’s trading profit came down by 18.2 per cent to EUR647m. The net interest charge declined by 14.4 per cent to EUR155m and the pretax profit improved by...

02 August 2018

Cementir - July 2018

Cementir's underlying turnover improved by 5.7 per cent to EUR588.5m in first half of the year, as the improvements in Denmark, Belgium, Turkey, Malaysia and China as well as inclusion of Lehigh White Cement for thre...

02 August 2018

Titan - July 2018

Titan's 1Q18 turnover declined by 7.9 per cent to EUR712.6m, while EBITDA came off by 14 per cent to EUR122.2m. Following a 3.3 per cent reduction in the depreciation charge, the trading profit declined by 21.2 per c...

02 August 2018

CRH - July 2018

CRH America has sold its Mallard Sand & Gravel operation in Omaha, Nebraska, to Martin Marietta Materials. The disposal was required as a result of the acquisition of Ash Grove Cement Company.

02 August 2018

Cemex - July 2018

Cemex' first-half turnover increased by 7.4 per cent to US$7184.9m, while EBITDA edged ahead by 0.2 per cent to US$1251.3m. The trading profit, however, declined by 16.2 per cent to US$805.2m while net interest payme...

02 August 2018

LafargeHolcim - July 2018

LafargeHolcim’s US subsidiary has acquired Tarrant Concrete, which is a leading ready-mixed concrete supplier in the Dallas-Fort Worth area. It operates three batching plants, has a staff of 90 and an annual turnover...

25 July 2018

Cementos Argos - July 2018

Cementos Argos has appointed Bill Wagner as its new vice president for the USA. Mr Wagner was previously responsible for the company’s US concrete business. Since joining in 2014, he has helped to consolidate and ...

25 July 2018

PT Indocement - July 2018

PT Indocement has said that it expects to see sales volume growth of 5-6 per cent in 2018, according to Indonesian press reports. The news comes on the back of a 0.5 per cent YoY increase in cement consumption in the...

25 July 2018

PPC - July 2018

S&P Global Ratings has upgraded its long-term South Africa national scale rating of PPC from 'zaBBB' to 'zaA'. The investment-grade rating is reportedly due to the measures introduced by PPC to improve its liquidity,...

25 July 2018

Dangote Cement - July 2018

Dangote Cement has reported a “very strong” first half of 2018, driven by an excellent recovery in Nigeria where sales volumes increased by nearly 14 per cent YoY to 7.8Mt and revenues rose by more than 18 per cent t...

25 July 2018

China National Building Materials (CNBM) - July 2018

CNBM has signed a framework agreement with FLSmidth to offer more competitive plant solutions to the global cement industry. The agreement was signed this month at FLSmidth’s headquarters in Denmark by Song Zhiping, ...

25 July 2018

Semen Indonesia - July 2018

June saw Semen Indonesia sell 1,571,763t of cement, down 13.7 per cent YoY, according to figures from the Indonesia Cement Association. Its Vietnamese subsidiary, Than Long Cement Company (TLCC), added a further 215,...

25 July 2018

Anhui Conch - July 2018

Anhui Conch has issued a positive profit alert for the six months ended 30 June 2018. The group expects to record a YoY increase in its net profit attributable to equity holders of approximately CNY5373m to CNY6717m,...

25 July 2018

UltraTech Cement - July 2018

In the quarter ended 30 June 2018, UltraTech Cement saw its net sales advance to INR88.41bn (US$1286m), up 27 per cent on the corresponding quarter a year earlier. Profit before interest depreciation and tax fell ove...

02 July 2018

Votorantim - June 2018

Votorantim generated a turnover 11.4 per cent higher at BRL2456m (US$639m) during the first quarter of 2018, while EBITDA advanced by 1.9 per cent to BRL1901m (US$495m). At the trading level, the loss was reduced by ...

02 July 2018

CRH - June 2018

With the beginning of 2019, CRH will have a new global Building Products division, which will combine the Europe Lightside, Europe Distribution and Americas Products divisions. Following the recent sale of the North ...

02 July 2018

Cemex - June 2018

Cemex Holdings Philippines is spending some US$225m to increase the capacity of the Solid Cement works from 1.9Mta to 3.4Mta. Around US$57m is being spent this year and the project should be completed during the firs...

02 July 2018

LafargeHolcim - June 2018

LafargeHolcim has started its EUR100m+ investment in its Martres-Tolosane plant in Haute Garonne,  southern France, with completion envisaged in 2020. This should enable the use of alternative materials in clinker pr...

28 June 2018

Cementos Argos - June 2018

This week saw Cementos Argos place ordinary bonds for COP500bn (US$169.7m). The issue had demands for COP725bn, representing an over demand of 1.81 times for the amount offered, which was initially COP400bn. Accordin...

28 June 2018

Anhui Conch - June 2018

Last month Anhui Conch was forced to suspend production on three lines at its Tongling Conch plant in Anhui province. The suspension was due to the temporary closure of a pier used by the plant to export cement and c...