Cemex Philippines shuts down kiln and Davao terminal
APO Cement (Cemex group) in the Philippines has closed its Davao cement terminal and suspended one kiln line at its Cebu plant following the suspension of mining operations at A...
Cost-Cutting
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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 ...
Fitch affirms Holcim at 'BBB'; Outlook Stable
Fitch Ratings has affirmed Holcim Ltd's (Holcim) Long-term and Short-term Issuer Default Ratings (IDR) at 'BBB' and 'F2', respectively. The Outlook is Stable. "The affirmation r...
Adelaide Brighton reports record net profit
Adelaide Brighton reported record sales and net profit after tax of AUD1337.8m and AUD172.7m, respectively, for the year ended 31 December 2014.
Holcim sees 3% improvement in like-for-like net sales
Holcim increased net sales by three per cent on a like-for-like basis in 2014. Growth mostly resulted from price improvements in many regions, particularly in North America agai...
Semen Indonesia targets seven per cent sales growth
Semen Indonesia is targeting sales growth of around seven per cent this year, despite a cut in the price of the construction material for state-run enterprises initiated by the ...
Holcim: 2015 expected to be "solid year"
Holcim expects 2015 to be a “solid year” for the group as it aims to achieve substantial improvement of its results. In a statement released ahead of today's Holcim Investor and...
AdBri 1H net profit falls, revenue edges ahead
Adelaide Brighton reported a 3.9 per cent rise in first-half revenue to AUD602m, as improved pricing and increased cement from the residential sector on the eastern seaboard off...
Lafarge Zambia considers review of headcount
Lafarge Zambia is considering reducing its workforce of 670 employees by around 30 per cent, according to a memorandum circulated by a group of unionised workers. A sales report...
Fitch affirms HeidelbergCement’s ratings
Fitch Ratings has affirmed HeidelbergCement’s Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook on the Long-term IDR is 'Stable'. The agency ...