Search Results

LH Merger nears completion

As Holcim’s shareholders prepare to meet next Friday to vote on the planned merger with Lafarge, will the confirmed support of Eurocement and a better than expected 1Q15 performance by Lafarge ...
International Cement Review Editor's Blog - 01 May 2015

Lafarge sees growth in the Middle East & Africa

Lafarge's first quarter turnover increased by 5.5 per cent to €2779m and EBITDA rose by 17.5 per cent to €403m, while the running profit advanced by 40.4 per cent to €205m. Net financial costs wer...
News - 30 April 2015

Holcim sees continued growth in the USA

Holcim's first quarter turnover declined by 2.8 per cent to CHF3972m (€3699m), but on a like-for-like basis, there was a 1.6 per cent reduction while measured in euros the turnover was ahead by 10...
News - 30 April 2015

Shree net profit down on weaker sales, India

Shree Cements on Wednesday reported a 46.39 per cent dip in standalone net profit at to INR1.198bn (US$18.8m) for the third quarter that ended on 31 March 2015 due to a decline in sales. The comp...
News - 30 April 2015

Shree completes acquisition of Jaiprakash grinding unit, India

Shree Cement has completed the acquisition of a cement grinding unit of Jaiprakash Associates in Haryana state, India. “The acquisition of a 1.5Mta cement grinding unit of Jaiprakash Associates L...
News - 28 April 2015

UltraTech full-year net profit down 6% YoY

India’s largest cement manufacturer UltraTech Cement reported a six per cent drop in its net profit for the year ended 31 March 2015 to INR20.15bn versus INR21.44bn in the previous year. Net sale...
News - 27 April 2015

Jaiprakash Associates to seek shareholders' approval for divestments to UltraTech

Jaiprakash Associates Ltd will next month seek approval from its shareholders and creditors for the proposed sale of its cement units to UltraTech Cement. "Pursuant to an order dated March 25,...
News - 24 April 2015

Pakistan export volumes and revenues down over first nine months

Pakistan cement exports in the first nine months of the current fiscal fell 6.75 per cent YoY to 6Mt. Export revenues, meanwhile, were down by 6.86 per cent to US$349.04m over the July 2014-March ...
News - 23 April 2015

Century Textiles to reportedly spin off cement unit

Century Textiles, owned by Birla patriarch Basant Kumar Birla, will spin off its cement business and merge it in an all-share deal with UltraTech Cement, owned by grandson Kumar Mangalam Birla, tw...
News - 22 April 2015

Shree Cement enhances capacity by 2Mta, India

Shree Cement Ltd has informed the Bombay Stock Exchange that the company has completed the phase 2 of its new Ras new unit at Bangur city Ras, Pali district, Rajasthan. The project has enhanced Sh...
News - 17 April 2015