HeidelbergCement doubles Group profit in 3Q13
HeidelbergCement records that sales volumes improved in all business lines compared with the 3Q12, due to the continued recovery of demand for construction materials in Europe ...
Heidelbergcement
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HeidelbergCement issues a Eurobond
HeidelbergCement yesterday priced a Eurobond issue under its €10bn EMTN programme with an issuance volume of EUR300m and a maturity date of 21 October 2020. The proceeds of the...
JSW completes acquisition of HeidelbergCement India grinding unit
JSW Steel has completed the acquisition of HeidelbergCement India’s 0.6Mta grinding plant in Raigad, Maharashtra, for an undisclosed sum. The two companies signed the Busine...
HeidelbergCement mulls sale, float of building products business - report
HeidelbergCement is considering selling its building products operations but could simultaneously float the unit shares on the stock market, its chief has told Reuters. Speaki...
HeidelbergCement plans new Georgia investment
Germany-based HeidelbergCement intends to invest an additional US$100m in its recently-acquired Poti works, Georgia, according to the Economy and Sustainable Development Minist...
Heidelberg updates on sustainability efforts
HeidelbergCement has released its 2011/2012 Sustainability Report, highlighting topics and challenges for the German cement major in its drive for sustainable development. The ...
Tanzania Portland optimistic on 2H turnaround
Tanzania Portland Cement Company expects a recovery in second half net profit thanks to reduced production costs. In the first six months of the year, net profit fell by over...
Belgian fines for restricting market access
The three leading cement producers in Belgium, together with two industry associations, have been fined EUR14.7m for restricting market access. The Belgium Competition Coun...
Cement makers hit by infrastructure slump in emerging markets
Cement producers have been sliding on the financial stock exchanges as emerging market bonds and equities tumble, according to the Financial Times. Many of the region’s buildin...
HeidelbergCement mulls sale of non-core assets
HeidelbergCement is considering the sale of non-core assets, its CEO Bernd Scheifele told local press in a recent interview. Speaking to the Boersen-Zeitung on Tuesday, Mr Sch...