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Votorantim sees cement revenues fall 10% YoY in 2016

Votorantim, formerly Votorantim Industrial, generated a turnover 8.7 per cent lower at BRL26,738m (EUR8046m) and EBITDA declined by some 38 per cent to around BRL4300m (EUR1,294m) in 2016 when com...
News - 19 April 2017

Nepal Cement Manufacturers Association to review price hike

The Nepal Cement Manufacturers Association has agreed to review the recent hike in domestic cement prices, The Kathmandu Post reports. Earlier last week Industry Minister Nagendra Raj Joshi had...
News - 10 April 2017

LafargeHolcim

LafargeHolcim's underlying turnover for 2016 amounted to CHF26,904m, a decline of 8.7 per cent, while in euro terms there was an 8.3 per cent decrease to EUR25,255m. The Asia-Pacific region genera...
Corporate - 04 April 2017

Cimpor

With declining volumes in Cimpor's three most important markets; Brazil, Argentina and Portugal, the turnover fell by 26.1 per cent in 2016 to EUR1842.8m and EBITDA came off by 32.9 per cent to EU...
Corporate - 04 April 2017

Pakistan sees decline in 1HFY17 cement exports to South Africa and Afghanistan

Pakistan cement exports revenue continued their downward trend, with most of the 14.4 per cent YoY decline in 1HFY17 (July-December) due to two markets, South Africa and Afghanistan. However, a...
News - 03 April 2017

InterCement for sale?

Once again, there is speculation that Camargo Corrêa, the Brazilian conglomerate, is seeking to dispose of InterCement, its subsidiary and controlling shareholder of Cimpor SGPS. In mid-2015 the ...
News - 31 March 2017

Lafarge Africa reports EBITDA FY16 of NGN29bn

Lafarge Africa plc reports a significant increase in profit after tax in 4Q16 while net sales and operating EBITDA rose by 12 and 288 per cent, respectively in 4Q16. However, operating EBITDA f...
News - 23 March 2017

Cimpor books larger loss in 2016

With declining volumes in Cimpor's three most important markets. In Brazil, Argentina and Portugal, the turnover fell by 26.1 per cent in 2016 to EUR1842.8m and EBITDA came off by 32.9 per cent to...
News - 21 March 2017

Nigerian government commends Dangote Cement self-sufficiency feat

The Nigerian government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement and is now an exporter of the commodity, ascribing the feat to Dangote Cemen...
News - 20 March 2017

AfriSam reported to replace CEO ahead of PPC merger

To help enable the merger with rival PPC, AfriSam is set to replace its CEO, Stephan Olivier after nearly seven years of leading the firm, according to local press reports in South Africa. He w...
News - 17 March 2017