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Falling crude oil challenges uptrend, China cuts coal capacity

By Frank O Brannvoll, Cimeurope sarl, Belgium Last month the US$/EUR trading range was set at €1.04-1.08 and has held within €1.05-1.075 at €1.0720. Other than the US Federal Reserve Bank ...
News - 17 March 2017

India: Government to sell non-operational CCI units

The government of India has announced that it plans to sell off five non-operational units of the Cement Corporation of India (CCI) as the first step towards complete divestment of the company, th...
News - 17 March 2017

CRH's regional businesses push group sales up in 2016

CRH recorded sales of EUR27.1bn in 2016, 15 per cent up on 2015. Divestments and disposals generated total profits of EUR55m, boosting group revenues in several regions. The UK, Ireland and S...
News - 13 March 2017

India: Birla selects Lodestar for new branding exercise

The MP Birla Group has chosen Lodestar UM to handle the media duties of its cement business. As a first step in its new branding exercise, MP Birla has launched “Perfect”, a premium Portland Pozzo...
News - 09 March 2017

Pakistan: export revenue rise MoM but fall YoY

Pakistan cement exporters earned revenues of US$22.26m on exports of 411,257t cement in January 2017, compared to US$16.36m on 309,868t of exports in the previous month. These figures represent a...
News - 06 March 2017

Vicat

Vicat’s turnover eased by 0.2 per cent in 2016 to EUR2453.8m while EBITDA was up by the 3.2 per cent to EUR458m, while at unchanged exchange rates and other parameters there would have been increa...
Corporate - 02 March 2017

LafargeHolcim

The Indian subsidiary ACC Ltd reported a 2.7 per cent reduction in cement deliveries for 2016 to 22.99Mt, while in the fourth quarter the reduction was 9.1 per cent to 5.45m, slightly less than th...
Corporate - 02 March 2017

India: Prism Cement receives part-fuel requirement for 5 years

Prism Cement Ltd has successfully bid for 18,300tpa of coal from South Eastern Coalfields Ltd, a subsidiary of Coal India Ltd, in a recently-held auction of coal linkages for the cement industry, ...
News - 01 March 2017

After the monsoons

While the demonetisation of the Indian economy has seen cement sales significantly drop, the country’s cement producers are waiting for the positive medium-term effects of good monsoons to kicksta...
Articles - 01 March 2017

Vicat's profits modestly ahead in 2016

Vicat's turnover eased by 0.2 per cent in 2016 to EUR2453.8m while EBITDA was up by the 3.2 per cent to EUR458m, while at unchanged exchange rates and other parameters there would have been increa...
News - 28 February 2017