03 January 2018

LafargeHolcim - December 2017

The 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal.  Lafarge Malaysia’s turnover came down by some 13 per cent to US$409.5m in the first nine months of 2017, while a net loss of US$33.1m was incurred, c...

03 January 2018

HeidelbergCement - December 2017

HeidelbergCement has decided to divest of its calcium silicate business and has agreed to sell its seven plants in Germany and one in Switzerland to the Danish group H+H International for around EUR110m. The busin...

03 January 2018

CRH - December 2017

Having started a process of due diligence, CRH has decided not to proceed with a bid for the African cement producer Pretoria Portland Cement.

03 January 2018

Cimpor - December 2017

The now-quoted Cimpor subsidiary Loma Negra is to invest some US$350m in the construction of an additional production line at its L’Amali works in Olavarría, Buenos Aires province, Argentina. The construction of t...

18 December 2017

Cementos Argos - December 2017

Cementos Argos, along with Cemex and Holcim, is facing fines in excess of US$66m for alleged price fixing. Colombia’s trade and industry regulator believes the three companies, which together represent 96 per cent of...

18 December 2017

UltraTech Cement - December 2017

UltraTech Cement has announced plans to set up a 3.5Mta integrated cement plant in Pali, Rajasthan, India, at a cost of INR18.5bn (US$287.4m). The plant is expected to begin production in mid-2020. Located in the hig...

18 December 2017

PPC - December 2017

It has been an eventful December for PPC so far. It started the month with three potential bidders but looks set to end it with none. The first to walk away was CRH. The Irish building materials giant made an undiscl...

18 December 2017

Dangote - December 2017

Dangote has agreed to sell its cement on e-commerce platform Jumia Nigeria. According to Dangote, the move is designed to reduce prices and ease logistical issues. It is also hoped to end scams by online fraudsters c...

18 December 2017

Semen Indonesia - December 2017

High cement demand on the Philippine island of Mindanao has reportedly rekindled Semen Indonesia’s interest in setting up a facility there. Under President Duterte and his extensive ‘Build Build Build’ infrastruct...

18 December 2017

PT Indocement - December 2017

Earlier this year Indocement’s shares soared by as much as 54 per cent as investors looked forward to the cement producer cashing in on the Indonesian government’s US$68bn commitment to infrastructure spending in 201...

18 December 2017

Anhui Conch - December 2017

Anhui Conch plans to construct a new 4.4Mta cement plant in North Sulawesi, Indonesia. The development was first initiated in 2016 but suspended in June this year due to the lack of an environmental impact assessment...

18 December 2017

China National Building Materials (CNBM) - December 2017

The proposed takeover of China National Materials (Sinoma) by China National Building Materials (CNBM) has been given the green light by shareholders of the two companies. The two firms agreed to combine in September...

04 December 2017

Cementir - December 2017

Cementir's turnover for the first nine months of 2016 rose by 31.6 per cent to EUR963.8m thanks to the Belgian acquisition and good Nordic performance, while Italy and Turkey contributed less. EBITDA rose by 28.3 per...

04 December 2017

Vicat - November 2017

Vicat's turnover for the first nine months of the year improved by 2.9 per cent to EUR1921m, which represents an underlying improvement of four per cent. The gearing level was reduced from 40 per cent at the end of S...

04 December 2017

Cimpor - November 2017

Since ceasing to be a public company, Cimpor appears no longer to publish quarterly results, originally scheduled for the 28 November.

04 December 2017

Votorantim - November 2017

Votorantim generated a turnover 1.3 per cent ahead at BRL26,411m (EUR6642m), but EBITDA declined by 4.4 per cent to BRL4124m (EUR1068m) while the net loss was 7.8 per cent higher at BRL1348m (EUR349m). Group capital ...

04 December 2017

Buzzi Unicem - November 2017

Buzzi Unicem's turnover for the first nine months was 6.7 per cent higher at EUR2133.4m, but no EBITDA or other profit numbers have been given this time. Net debt at the end of September was 2.8 per cent lower at EUR...

04 December 2017

CRH - November 2017

In its autumn trading statement, CRH said that its pro-forma turnover in the first nine months improved by two per cent in Europe and also by two per cent in the Americas, while declining by nine per cent in Asia, gi...

04 December 2017

HeidelbergCement - November 2017

HeidelbergCement's turnover rose by 19 per cent to EUR13,004m in the first nine months of 2016 and EBITDA was 13.4 per cent higher at EUR2405m. At the trading level, the profit improved by 6.7 per cent to EUR1578m an...

04 December 2017

LafargeHolcim - November 2017

LafargeHolcim's subsidiary Lafarge Africa has bought out the minority shareholders in Ashaka Cement and has issued 85.26m shares as part of a share exchange agreement.