Tanzanian Portland cement sees increased demand
Tanzania Portland Cement Co (TPCC), a unit of HeidelbergCement, reported a rise in full year 2011 net profit and sees cement demand continuing to rise as it prepares to bring n...
Heidelbergcement
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Indocement to invest US$109m on expansion
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement group, is to spend more than IDR1trn (US$109m) this year on expansion, according to reports in the Jakarta Post. ...
Heidelberg expands capacity, India
HeidelbergCement India is expanding the manufacturing capacity of cement from 0.8Mta to 2.5Mta in Jhansi, Uttar Pradesh. Civil work is nearing completion and the project is sch...
HeidelbergCement lifts prices to stem cost surge
HeidelbergCement joined peers in raising prices after posting a 77% decline in operating profit in the 1Q12, a bigger fall than expected due to higher energy costs. Operating...
Personnel change on the Supervisory Board of HeidelbergCement
As of 14 March 2012, Dr.-Ing. Herbert Lütkestratkötter resigned from his position on the Supervisory Board of HeidelbergCement AG for personal reasons. The Nomination Commi...
HSBC lifts Lafarge price target, upgrades Heidelberg
HSBC has lifted the share price target of Lafarge to EUR 37 from EUR 27 and reiterated its "neutral" recommendation. The broker considers that the construction sector is recov...
HeidelbergCement completes Górazdze modernisation, Poland
HeidelbergCement completed the capacity expansion project at its cement plant in Górazdze, Poland, with the commissioning of a new cement mill. The new mill, – the largest ball...
Indocement targets 30Mt production by 2017
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, has outlined several expansion project which will lift the producer’s cement capacity to the 30Mt mark by 20...
TPCC profit constrained by power issues, Tanzania
Tanzania Portland Cement Company Limited (TPCC) net profit rose slightly less than expected due to erratic power supplies but says the demand outlook is positive as it prepares...
Indocement to invest in new factory, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia ...