04 December 2018

Titan - November 2018

Titan's turnover declined by 1.8 per cent to EUR1101.9m in the first nine months of 2018 and EBITDA were down by 8.2 per cent to EUR196.9m, while in the third quarter EBITDA were ahead by 3.2 per cent to EUR74.7m. The pretax profit advanced by 11.5 per cent to EUR65.9m and the net attr...

04 December 2018

Cementir - November 2018

Cementir's turnover for the first nine months of 2018 rose by 4.8 per cent to a re-stated EUR893.18m (US$1019.5m) thanks to the full consolidation of Lehigh White Cement from the second quarter of this year and a hig...

04 December 2018

InterCement - November 2018

Intercement’s Argentine subsidiary Loma Negra saw turnover in the first nine months decline by 8.3 per cent to US$613m, while in local currency terms there was a 42.3 per cent increase to ARS15,422m. EBITDA came off ...

04 December 2018

Votorantim - November 2018

The Votorantim Cimentos nine-month turnover improved by 20.2 per cent to BRL3787.9m (US$985.9m). The trading profit jumped from BRL149.4m to BRL560.9m. The net interest charge declined by 43.3 per cent to BRL221.1m a...

04 December 2018

Buzzi Unicem - November 2018

Buzzi Unicem's turnover for the first nine months was up by 0.2 per cent to EUR2137.4m (US$2438.7m), but ignoring exchange rate movements the increase would have been 1.6 per cent. Net debt at the end of September wa...

04 December 2018

CRH - November 2018

In its autumn trading statement, CRH said that its underlying turnover in the first nine months improved by one per cent in Europe, by four per cent in the Americas and by three per cent in Asia, giving an overall in...

04 December 2018

HeidelbergCement - November 2018

HeidelbergCement’s turnover improved by 7.4 per cent to EUR13.375m (US$15.2m), with the third quarter rise being 9.9 per cent to EUR4943m. EBITDA were off by 1.6 per cent to EUR2,227m but improved by 2.2 per cent to ...

04 December 2018

LafargeHolcim - November 2018

LafargeHolcim is selling its 80.6 per cent interest in Holcim Indonesia to Semen Indonesia, subject to government approval, for US$1411m. At present, the government-controlled Semen Indonesia has a market share of 40...

01 November 2018

Cimpor - October 2018

The Camargo Correa subsidiary InterCement, formerly trading as Cimpor, has agreed to sell its Portuguese and Cape Verde assets to the Turkish group Oyak. Having previously considered selling a 49 per cent interest...

01 November 2018

Vicat - October 2018

Vicat is taking a majority stake of around 65 per cent in the Brazilian cement producer Cimento Planalto through a EUR290m capital increase. Cimento Planalto operates a 3.2Mta cement works located not far from the...

01 November 2018

Cemex - October 2018

During the first nine months of the year, Cemex cement shipments improved by 3.2 per cent to 52.69Mt, while ready-mixed concrete deliveries advanced by 3.7 per cent to 40.07Mm 3 and aggregates shipments by two per c...

01 November 2018

LafargeHolcim - October 2018

LafargeHolcim's Indian subsidiary Ambuja Cement sold 38.95Mt of cement during the first nine months of 2018, an increase of 7.1 per cent with the third quarter showing a 9.4 per cent rise to 5.88Mt. The turnover adva...

30 October 2018

PPC - October 2018

PPC is undertaking an entrenchment process at its head office in Johannesburg, South Africa. According to the company, the restructuring is designed to help meet “operational requirements”, but no further details hav...

30 October 2018

China National Building Materials (CNBM) - October 2018

China National Building Materials (CNBM) is the main contractor on the upgrade project that recently got underway at Eurocement’s Akhangarancement plant at Akhangaransky in Uzbekistan. The project, which is estima...

30 October 2018

PT Semen Indonesia - October 2018

In the opening eight months of 2018, Semen Indonesia saw its export sales advance by 42.7 per cent YoY to 1.99Mt. According to the company, it is targeting export sales of 3.2Mt for the year as a whole. “The achie...

30 October 2018

Cementos Argos - October 2018

Cementos Argos has concluded its syndication of a five-year US$600m bank loan, according to reports in Latin Finance. Fourteen lenders have got involved, across four tiers. Tier one is made up of Panamanian foreig...

30 October 2018

PT Indocement - October 2018

In the opening nine months of 2018, Indocement has seen its sales volume advance by up to six per cent YoY to more than 13Mt. This compares to domestic cement demand growth in Indonesia of just 4.9 per cent over the ...

30 October 2018

Anhui Conch - October 2018

Anhui Conch has signed a cement sale and purchase agreement with Jiangsu Conch Building Materials, believed to be worth around US$230m. Under the agreement, Conch subsidiaries in east China will sell a total of 3.5Mt...

30 October 2018

Dangote Cement - October 2018

Dangote Cement saw its cement sales volume improve 7.6 per cent YoY to 17.8Mt in 9M18. Over the same period, group revenue advanced by 13.5 per cent to NGN685.29bn (US$1.88bn), while net profit rose by 2.7 per cent t...

30 October 2018

UltraTech - October 2018

Shares in UltraTech Cement hit a 52-week low in late October following the announcement that the company has seen its consolidated net profit fall by 11 per cent YoY in 2QFY19. Net profit for the three-month period c...