Cementos Portland considers Spanish plant closure
Cementos Portland is considering the closure of one of its plants in Spain, due to the continued downturn in the Spanish cement market. Juan Bejar CEO of the company’s majority ...
Cost-Cutting
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Cementos Molins to reduce workforce
Spain-based cement producer Cementos Molins is to cut 56 jobs at its St Vicenc dels Horts works due to the ongoing crisis in the domestic construction market. The cutbacks will ...
Moody’s upgrades Holcim outlook
Moody’s Investors Service has upgraded Holcim’s outlook to stable, ending 15 months on a negative watch.
Boral consolidates Australian construction and cement divisions
Building materials producer Boral Ltd has said it will consolidate its Australian construction materials and cement segments into one Australian division as part of ongoing rest...
DG Khan Cement registers with UNFCCC, Pakistan
Pakistan cement producer DG Khan Cement Company Ltd (DGKC) has registered with the United Nations Framework, Convention on Climate Change (UNFCCC) for the qualification of Carbo...
Holcim ahead despite Europe slowdown
Annual results released by Holcim earlier this week show that cement sales for the Swiss major in 2012 were ahead in spite of lower European volumes and political instability in...
Italcementi launches five-year bond, Italy
Italcementi, the fifth-largest cement producer in the world, has launched a five-year bond of EUR350m at an issue price of EUR99.477 and a coupon of 6.125 per cent, according to...
Lafarge improves operational performance
Full-year 2012 results published by global cement major Lafarge showed strong growth in emerging markets and improvements in operational performance, and it now expects to meet ...
Vicat to cut costs and maintenance expenditure, France
French cement major Vicat is cutting spending on maintenance and other costs as it aims to hold onto domestic market share. Speaking in an interview with Bloomberg, Vicat Chief ...
Lafarge's 2012 consolidated sales rise on higher prices, emerging markets
Lafarge reported a 3.5 per cent rise in consolidated sales for 2012 driven by price increases across all product lines, higher cement volumes in Latin America and Asia and favou...