Emerging markets, North America drive Holcim performance
Holcim reported a rise in cement deliveries for the first nine months of 2012 supported by pricing improvements. Emerging markets continue to support growth together with strong...
Consumption
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Pakistan October dispatches down on falling exports
Pakistan cement dispatches in October 2012 fell by 5.87 per cent mainly due to a steep 20.59 per cent drop in cement exports, data from the All Pakistan Cement Manufacturers (AP...
Taiheiyo Cement sales exceed expectations, Japan
Japan’s leading cement producer Taiheiyo Cement is expected to report a 260 per cent YoY rise in consolidated pretax profit for the six months ended 30 September on earthquake r...
Europe: 2012 trends and outlook
Eurostat data published earlier this week shows that August was the eighth month in a row to register YoY declines in Eurozone construction output among member states – the late...
Holcim Philippines to boost cement capacity
Holcim Philippines has announced that it is planning to invest US$350m-450m in a new 2Mta cement plant to meet long term domestic market needs. Speaking at a press briefing, Hol...
Cementos Molins posts EUR31m profit, up 85%
Spain’s Cementos Molins has posted a profit of EUR31.16m in the first nine months of the year. The 85 per cent rise has been attributed to successful foreign business, which con...
Fitch assigns Central Asia Cement 'BB-(kaz)' rating
Fitch Ratings has assigned Central Asia Cement (CAC) a National Long-Term Rating of 'BB-(kaz)' with a Stable Outlook.
Cemex Spain lay off 370 workers as cement consumption plummets
Cemex Spain has lodged an employment regulation (ERE) for 370 workers, 21.2% of the 1740 employees that the Mexican multinational has in the country.
Southern Province driven by higher demand, Saudi Arabia
Saudi Arabian cement producer Southern Province Cement reported a YoY rise in net profit for the the first nine months of 2012 and for the third quarter of the year thanks to an...
Vietnam producer 3Q net profit falls
Thai Binh Cement JSC reported a net profit of VND81m (US$3.9m) in the third quarter of 2012 compared to VND1bn a year ago due to a rise in input costs and lower demand, the comp...