Buzzi Unicem is advancing in Russia and in the USA
Buzzi Unicem's first-quarter turnover declined by 10.5 per cent to €503.14m and the EBITDA dropped by 51 per cent to €11.75m but advances were seen in Russia and the USA.
Germany
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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...
Dyckerhoff sees advances in Russia, USA volumes stable
Dyckerhoff Group, a Buzzi Unicem subsidiary, reported a decline in sales for the first three months to the end of March 2013 due to unfavourable weather conditions. In an advanc...
Loesche wins Holcim Ecuador VRM contract
Loesche will deliver one LM 56.4 vertical roller mill for cement raw material grinding to Holcim Ecuador's cement plant Guayaquil. The order with Loesche was placed by general c...
German Federal Court confirms HeidelbergCement’s cartel fine
Germany’s Federal Court has confirmed the 2009 fine imposed on HeidelbergCement by the Higher Court of Düsseldorf at a reduced level of EUR161.4m, the German cement major said i...
Dyckerhoff net profit down on European markets
Buzzi Unicem's subsidiary Dyckerhoff has confirmed that net profit in 2012 fell as declines in Europe could not be offset by volume increases in Russia and the USA. The German-b...
HeidelbergCement reduces debt, profit edges ahead
German cement major HeidelbergCement reported increases in revenue and operating income in 2012 as well as a significant reduction in net debt.
Credit Suisse upgrades HeidelbergCement
Credit Suisse has upgraded HeidelbergCement from underperform to neutral and increased its target price to EUR53.00 from EUR37.00, Dow Jones reports. The bank says a more upbeat...
G Power Cement to construct new plant in Cameroon
Cameroon is set to see the establishment of a new cement plant as G Power Cement on Friday signed an agreement with the government for an 800,000tpa plant. The privately-held Ge...
HeidelbergCement advances in Asia and Africa, but does less well in Europe
The preliminary figures from HeidelbergCement show an 8.7 per cent advance in turnover last year to €14,020m, or by 4.2 per cent on a comparative basis.