PCA revises down 2016 US consumption forecast
Cement consumption in the United States will continue to rise by 3.4 per cent, according to a report from the Portland Cement Association (PCA).
Forecast
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Cemex outlines 2016 investment spend
Cemex plans to invest US$700m in various maintenance and expansion projects in 2016, according to Fernando González, CEO of Cemex. Of the total sum US$450m will be allocated to ...
SFIC: French cement sector to stabilise in 2016
France's cement sector in 2016 is showing "some signs of optimism" and pointing therefore to a stabilisation of the markets after eight years of decline thanks to a pick-up in t...
Subdued demand recovery outlook after 2015 nadir Premium
While global cement consumption in 2015 contracted, cement producers can look forward in 2016 to modest gains in demand, but the scenario remains mixed with higher demand unable...
LafargeHolcim 3Q15 results expected to reflect headwinds
LafargeHolcim is due to report 3Q15 earnings on Wednesday, Analysts at Davy Stockbrokers said weak 3Q from the building materials giant will not surprise an already cautious mar...
Pacasmayo expects 5% sales rise in 2015
Peru’s Cementos Pacasmayo is positive about the year ahead as it expects sales to rise by five per cent. The company’s general manager, Humberto Nadal del Carpio, attributes the...
The year ahead...
2015 has got off to something of a bumpy start with sharply-declining oil prices (below US$50/bbl at the time of writing), on-going geopolitical risks (eg Russia and Syria), and...
Elementia: Fortaleza brand to register 20% growth in 2014-15
Despite a slow market, Mexico’s Cementos Fortaleza expects to close 2014 and 2015 with growth. Antonio Taracena, director general at Elementia, owner of the Fortaleza brand, att...
Cement in 2013 and beyond Premium
With signs of a recovery in some cement markets, can the industry be at least cautiously optimistic about the way ahead in 2013 and beyond? Paul Roger of Exane BNP Paribas offer...
Cemex to return to profitability in 2013?
Mexican cement producer Cemex is seen on track to return to profitability as soon as 2013, according to analysts quoted by Reuters. The company recently refinanced US$6.7bn in d...