HeidelbergCement increases pre-tax profit by 52.1 per cent
HeidelbergCement's first half turnover was virtually unchanged at €6560.4m (-0.3 per cent), while the EBITDA improved by 5.1 per cent to €953.1m as energy and raw material cost...
Heidelbergcement
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HeidelbergCement raises 2Q13 operating profit
HeidelbergCement, the world’s third-largest cement producer, reported a second-quarter operating profit as it managed to increase prices in its main markets. A rise in demand i...
HeidelbergCement India notes INR80m 1Q13-14 loss
Higher input costs as well as a rise in fuel and power costs pushed HeidelbergCement’s Indian subsidiary into the red. The company reported a loss of INR79.5m (US$1.34m) for th...
Optimisation projects expected to lift TCK net profit, Bosnia
Bosnian cement maker Tvornica Cementa Kakanj (TCK) expects its net profit to rise by 20-25 per cent to some BAM11-12m (EUR5.6-6.1m) thanks to optimisation measures. TCK’s ce...
HeidelbergCement India to raise capacity further by 2017
HeidelbergCement India plans to more than double cement capacity by 2017 by adding some 9Mta of new volumes. The Indian arm of the German cement major has a capacity of 6Mta...
Galilei Group plans Angolan investment
The Galilei Group of Portugal plans to enter the Angolan market as part of a joint venture, its chief executive Fernando Lima told local press. Preliminary work on the Cimen...
HeidelbergCement expands its capacity in Liberia
HeidelbergCement has successfully commissioned a new cement mill at its cement grinding plant in Monrovia, the capital city of Liberia. The investment in the new mill, which ha...
HeidelbergCement India cement capacity boosted by Loesche mill
HeidelbergCement Group's current production capacity in India has been boosted to 6Mta, a major contribution to which was the commissioning of a split-grinding plant at Jhansi ...
India: HeidelbergCement gets shareholders nod to raise up to INR20bn
HeidelbergCement said its shareholders have accorded approval for raising funds up to INR20bn (US$340m) through borrowings. The shareholders had approved the proposal at its ...
Squeeze tightens on Indian cement
Muted volume growth and continuing cost pressures have put a further squeeze on the earnings of Indian cement companies with a disappointing 15 per cent YoY fall in EBITDA/t in...