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LafargeHolcim reports on positive first quarter

LafargeHolcim on Wednesday release its results for the first three months of the year, reporting improved pricing in a number of markets, encouraging signs in India and parts of Europe but tough...
News - 05 May 2017

Ambuja Compocem launched

Ambuja Cement announced it has launched its composite cement, Ambuja Compocem, to the Indian markets of Bihar and Jharkhand. The LafargeHolcim company said in a statement that its Chhattisgarh fac...
News - 04 May 2017

LafargeHolcim 1Q17 comparable net sales rise

LafargeHolcim reported today that net sales increased by 5.3 per cent on a like-for-like basis driven by favourable pricing and improving volume momentum. Eric Olsen, CEO of LafargeHolcim, said:...
News - 03 May 2017

Vicat expects improved Europe, US, India and west African markets

Vicat's first-quarter turnover eased by 0.5 per cent to EUR551m, which represents an underlying advance of 1.4 per cent. The cement turnover declined by three per cent to EUR283m, as cement shi...
News - 03 May 2017

Prism Cement receives limestone mining lease

Prism Cement announced it has received a letter of intent from the government of Madhya Pradesh, India, for a cement-grade limestone mining lease. The lease if for mining in the Chulhi and Majhiya...
News - 03 May 2017

India: the long wait continues

Despite high hopes of a return to more robust growth rates, the Indian cement sector is likely to close FY16-17 with its slowest performance in over a decade. The third quarter (October-December 2...
Articles - 02 May 2017

Ambuja Cement sees market improvements

Ambuja Cement, part of the LafargeHolcim group, reported that improving sales volumes, combined with favourable pricing contributed to positive 1Q17 results despite rising costs. Cement sales v...
News - 02 May 2017

Morgan Stanley rates UltraTech Cement rated ‘Overweight’

UltraTech Cement has been rated ‘Overweight’ by Morgan Stanley with the EBITDA beat driven by costs, the research house notes. Morgan Stanley cited gradual improvement in industry cement demand...
News - 02 May 2017

LH faces spectre of a lost year

The shock announcement on Monday that Eric Olsen, CEO of LafargeHolcim, has resigned in the wake of revelations of a probe into operations in Syria, leaves the world's biggest cement company witho...
News - 28 April 2017

Indian cement prices return to pre-demonetisation levels

Cement prices in India have returned to levels prior to the government’s demonetisation move, analysts at ICRA Ratings have reported. “With the impact of demonetisation gradually subsiding, ceme...
News - 28 April 2017