Increase in seaborne coal and petcoke prices impact producers
Seaborne thermal coal and petcoke prices rose by 16-24 per cent YoY during the 1H18 period, eroding almost four per cent of the aggregate EBITDA of LafargeHolcim and HeidelbergC...
Heidelbergcement
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Gebr Pfeiffer commissions Osho grinding mill
Gebr Pfeiffer has erected and commissioned an MVR grinding plant at Port Elizabeth, Eastern Cape, South Africa, for Osho Cement in just four months. Osho Cement is a joint ventu...
Staying strong: the European building materials sector
There are many reasons for European construction companies to be enjoying strong order books at present. Analysts at Bernstein report that most building material companies saw s...
HeidelbergCement sees positive 2H18
This week HeidelbergCement reported on its 2Q18 results , which saw healthy growth in all business areas. Cement and clinker sales were up 3.5 per cent to 33.7Mt while aggregate...
HeidelbergCement attracted to possible LafargeHolcim Indonesia sell-off
HeidelbergCement could buy parts of LafargeHolcim's business in Indonesia that is up for sale, says HeidelbergCement CEO, Dr Bernd Scheifele. LafargeHolcim is planning to raise ...
HeidelbergCement reduces activity in Georgia
Due to recent developments, HeidelbergCement's management has been forced to lay off close to 200 workers in Georgia and run the company at about 50 per cent capacity, because i...
HeidelbergCement's group revenue improves by 4% to EUR4.8bn in 2Q18
HeidelbergCement group revenue rose by four per cent in the second quarter to EUR4.8bn from EUR4.6bn in 2Q17. However, negative currency effects of EUR226m had an adverse impact...
HeidelbergCement to close kiln at Rustavi, Georgia
HeidelbergCement will be closing its Rustavi kiln as well as curtailing its production at the Dedoplitskaro limestone quarry, reports the Georgian Cement Association. The associ...
Managing change Premium
HeidelbergCement’s acquisition of Italcementi in 2016 has accelerated the growth of this major global cement and aggregates giant, which is now ranked as the fourth- largest pla...
Sustainable goals for HeidelbergCement
This week HeidelbergCement released its 2017 Sustainability Report, describing the publication as an integral part of the group's strategy. Dr Bernd Scheifele, chairman of the M...