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Sabanci net profit up 7.6% in 2015

Turkish conglomerate Sabanci Holding posted a net profit of TRL2.236bn (US$750m) in 2015, up 7.6 per cent from a yea...

US Concrete continues expansion in New York Metropolitan area

US Concrete, Inc announced yesterday that it has acquired the assets of Greco Brothers Concrete of LI, Inc (Greco), ...

Israel: government notifies Nesher on price cut

The government of Israel has notified Nesher Cement Enterprises Ltd that it must cut prices due to lower-priced inpu...

Foundation stone laid for Emami Cement's grinding plant, India

The foundation stone for the Emami Cement's new grinding plant was laid by Chief Minister Mamata Banerjee in Panagar...

UltraTech Cement signs binding MoU for Jaiprakash Associates cement units

India's UltraTech Cement Ltd said on Sunday it had entered a binding memorandum of understanding to acquire Jaipraka...

Approval granted for new Quang Nam plant, Vietnam

ThaiGroup JSC has received approval from the Peoples’ Committee of Quang Nam province in Vietnam's central region to...

Moody's downgrades Votorantim Cimentos' ratings to Ba2, outlook is negative

Moody's Investors Service downgraded Votorantim Cimentos SA's senior unsecured rated debt to Ba2 from Baa3. At the s...

CMA consults on draft GB cement market data order and undertakings

The Competition and Markets Authority (CMA) is consulting on measures to restrict the disclosure and publication of ...

Cimpor books major loss in 2015

Cimpor's turnover declined by 4.3 per cent in 2015 to EUR2492.7m while EBITDA came off by 18.6 per cent to EUR525.7m...

Lehigh Southwest Cement Co places order for FLSmidth's latest wear solution

For its Tehachapi plant located in California, USA, Lehigh Southwest Cement Co has ordered an upgrade of its cement ...

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