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-will impairment charge relating to Brazil was not repeated. As a result,...

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...

25 September 2017

Dangote - September 2017

A bidding war for PPC is underway after Dangote Cement submitted a takeover deal of cash and shares to the company last week. The offer comes after PPC received a joint offer from its domestic rival AfriSam Group and...

25 September 2017

PPC - September 2017

PPC shareholders will meet in early October to discuss merger proposals for the company. Following two previous unsuccessful attempts, AfriSam has once again submitted a merger deal, this time supported by Toronto-ba...

25 September 2017

Cementos Argos - September 2017

For the fifth consecutive year, Grupo Argos and its subsidiary Argos have been chosen as members of the Dow Jones Sustainability Index World, which recognises best practices in economic, environmental and social sust...

25 September 2017

Semen Indonesia - September 2017

August saw Semen Indonesia record a 10.6 per cent increase in cement sales with total volumes for the month coming in at 2.87Mt, compared to 2.59Mt in the same month last year. The domestic market saw a 6.2 per cent ...

11 September 2017

LafargeHolcim - August 2017

LafargeHolcim’s subsidiary Lafarge Malaysia has reported a first-half turnover decline of 18 per cent to MYR1090m (EUR214m/US$259.7m) and there was a net loss of MYR92.02m (EUR18.27m) compared with a MYR39.01m profit...

11 September 2017

HeidelbergCement - August 2017

HeidelbergCement's quoted Italcementi subsidiary, Suez Cement, saw a consolidated 1H17 loss of EGP40.61m (EUR1.95m), compared with a profit of EGP53.76m. Suez Cement is to dissolve its Saudi Arabian subsidiary Al Mad...

11 September 2017

CRH - August 2017

CRH's first-half turnover improved by 2.4 per cent to EUR12,997m and EBITDA was ahead by 4.9 per cent to EUR1175m. The underlying trading profit rose by 10 per cent to EUR647m. After a net interest charge 15.7 per...

11 September 2017

Buzzi Unicem - August 2017

Buzzi Unicem's 1H17 turnover improved by 7.3 per cent to EUR1353.8m. EBITDA advanced by 8.4 per cent to EUR241.1m. Group cement deliveries improved by 2.3 per cent to 12.5Mt, while ready-mixed concrete deliveries ros...

11 September 2017

Votorantim - August 2017

Votorantim generated a 1H17 turnover four per cent lower at BRL12,757m (EUR3434m), with domestic deliveries declining by 13.6 per cent. EBITDA amounted to BRL1654m (EUR445m), a 29.6 per cent reduction. The group t...

11 September 2017

Vicat - August 2017

Vicat's first-half turnover edged ahead by 0.8 per cent to EUR1248m, or by 0.9 per cent on a comparative basis, but EBITDA declined by 8.7 per cent to EUR188m and the margin declined from 16.7 to 15.1 per cent. The t...