EC rejects request by Germany to review deal
The European Commission (EC) has rejected a request from Germany to refer the planned acquisition of Cemex West by Holcim to the German competition authority for assessment unde...
Europe
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Catalonian monthly sales tumble
Cement sales in Spain's autonomous region of Catalonia during November 2013 fell by 21.8 per cent YoY to 110,140t. The decline was more than double the 9.3 per cent fall overall...
Cementir sets out 2014-16 business targets
Cementir's Board of Directors has approved the company's 2014-16 Business Plan which sees average annual EBITDA growth of around 16 per cent over the period.
Spain: cement consumption to drop 20% in 2013
National cement consumption is expected to register a double-digit decline for its sixth-consecutive decline as Spanish cement association, Oficemen, put the YoY drop at 20 per ...
Titan long-term ratings lifted
The long-term ratings on Greece-based cement producer Titan Cement have been lifted by ratings agency Standard & Poor's (S&P) to 'BB' from 'BB-'. At the same time, it affirmed t...
Cementir’s Taranto cement plant to cease clinker production by year-end
Cementir is to cease clinker production from its 1.4Mta integrated Taranto works at the end of December, but milling operations are set to continue at the southern Italy-based p...
Euroconstruct adjusts 2013-15 forecasts
Construction forecast group Euroconstruct has published its updated Construction Investment forecasts for 2013-15 which sees a three per cent decline this year across the 19 cou...
Cemex quarries win European biodiversity awards
Two Cemex quarries, Rugeley in the UK and Soto Pajares in Spain, have been recognised for their outstanding contributions to biodiversity at the European Aggregates Association ...
Spanish cement demand falls 11% in October
Cement consumption in Spain has fallen again in October by more than 11 per cent, to 1,003,618t. As a result, domestic cement demand during the first 10 months of 2013 has decli...
CRH results broadly in line with last year
In its autumn trading statement, CRH announced that it expects the EBITDA to be broadly in line with last 2012 numbers, assuming normal weather patterns for the remainder of the...