Companies contest EU ruling
Cement companies have appealed to the European Court of Justice seven rulings the EU General Court upholding the European Commission's broad requests for information (RFI) in an...
Europe
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EU clears Holcim and Cemex deal in Germany
Holcim has received unconditional clearance by the European Commission for its proposed acquistion of Cemex West in Germany. The decision follows a detailed Phase II review by t...
Cemex opens new Spanish distribution centre
Cemex opened a new distribution centre on Tuesday in Rubi, a city located 25km from Barcelona.
Cemex to open export terminal in Italy to boost Spanish operations
Cemex intends to give its Spanish operations a boost through the construction of a cement export terminal in Italy. The facility will also serve as an export base from other Eur...
Currency movements depress Cimpor profits
Cimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, however,...
Cementos Molins posts 1Q14 net profit of EUR6.5m
Spain-based Cementos Molins released its first-quarter 2014 results, showing a net consolidated profit of EUR6.5m, up 37 per cent when compared to 1Q13. The group’s domestic com...
Italcementi sets Ciments Francais bid price
Italcementi said on Tuesday it had fixed the price in a takeover bid for the shares in its French unit Ciments Francais that it does not yet own at EUR79.5/share. The takeover, ...
Titan recovers in southern Europe and Florida
Titan's first quarter turnover improved seven per cent to EUR251.8m, under the new accounting rules that ignore the turnover of joint ventures, and the EBITDA staged a 30.9 per ...
Spanish consumption decreases 5.6%
Spanish cement association Oficemen has revealed that domestic cement demand fell by 5.6 per cent in April to 858,920t when compared with the same period last year. In the first...
Vicat improves cement shipments by more than 12%
Vicat's first quarter turnover increased by 9.2 per cent to €536m, which represents an underlying improvement of 14 per cent.