Cementos Portland Valderrivas reduces 1H losses, Spain
Spain-based Cementos Portland Valderrivas (CPV) reduced losses by 98.9 per cent in 1H13, to EUR0.6m, compared with losses of EUR48.6m in the first half of the year before. CPV's...
Cost-Cutting
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Fitch affirms Lafarge's BB+ rating, France
Fitch has affirmed at BB+ the long-term issuer default rating (IDR) of Lafarge as well as its senior unsecured rating. The long-term IDR's outlook is stable.
Sanghi Industries to invest in logistic improvements, debottlenecking, India
Sanghi Industries plans to invest in the upgrading of its logistics and removing bottlenecks at its Kutch plant to drive down debt.
Holcim reduces capital in Spain by 75%
The challenging state of the Spanish cement market has prompted Holcim to reduce its capital in Spain by 75 per cent or EUR568m.
Cementos Portland Valderrivas revises 2012-21 business plan, Spain
Spain's leading cement producer, Cementos Portland Valderrivas, has revised its business plan for 2012-21 after recording a loss of EUR27.7m in the first quarter of 2013. The co...
Cost cuts, improved pricing boost Holcim 1Q
Higher prices, cost savings from its efficiency programme as well as the sale of a stake in Cement Australia helped Holcim compensate for harsh first-quarter winter weather whic...
HeidelbergCement net loss widens, confirms 2013 outlook
HeidelbergCement said its first-quarter loss widened in the first quarter of 2013 compared to a year ago as sales were impaired mostly by a weak European market. However, the Ge...
Lafarge sales down on 1Q weather effect, confirms 2013 goals
Lafarge reported a six per cent decline in sales in the three months to the end of March as it was impacted by harsh winter weather conditions and production issues in Algeria a...
Greece opposition party meets with Heracles employees
The general secretary of Greece’s Opposition Communist Party of Greece (KKE), Aleka Papariga, has met with representatives of the Heracles Cement plant at the party's headquarte...
Heracles to permanently close Halkis cement works, Greece
Heracles Cement, the largest cement producer in Greece, is to permanently close the doors on its Halkis cement plant as the company restructures its business to adjust to the st...