Port confident on proposed Holcim plant, New Zealand
PrimePort Timaru is staying confident the proposed Holcim cement plant will go ahead despite it being further delayed, according to reports by the Timaru Herald. A said a deci...
Holcim
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Holcim to close Hungarian plant
Holcim is to close its cement factory in the Hungarian city of Labatlan (N Hungary) by next year, communications director of Holcim Hungaria Zrt., Iren Marta told local press ...
ACC September cement production up 9%, India
ACC Ltd, part of the Holcim Group, reported that its production in September rose by nine per cent to 1.82Mt from 1.67Mt in the same month of 2011. Dispatches reached 1.80Mt, ...
JPMorgan Raises Holcim To Overweight
JPMorgan Cazenove raises Holcim to overweight from neutral and lifts its price target to CHF70 from CHF56.50 on the notion that the 2Q uptick in emerging market margins could b...
Further Spanish cuts ahead
The Spanish cement sector is facing more job cuts and possible further restructuring measures as local cement consumption continues to tumble. Management of Cementos Lemona p...
Holcim: realising growth potential whilst cutting costs
Holcim highlighted its cost cutting programme and the growth potential in its emerging markets at its latest investor and analyst event, which took place on 3-4 September in Zu...
Huaxin sees 82.3 per cent slide in 1H12 net profit, China
Huaxin Cement said net profit for the first half of 2012 fell 82.3 per cent YoY to CNY95.92m (US$15m). Operating revenue slid 1.53 per cent YoY to CNY5.49bn with basic earnings...
Holcim’s Indian interests report August declines
Holcim’s Indian group companies, ACC and Ambuja Cements, have reported marginal declines in cement production and dispatches for August 2012. ACC, India’s second largest cem...
Mining company looks to restart Kandos operations, Australia
Mining company Kingsgate Consolidated has signed a Memorandum of Understanding with the owners of the former Kandos cement works in an attempt to revive production. About 10...
Tanga Cement profit rises 56 per cent, Tanzania
Tanzania-based Tanga Cement, part of the Holcim Group, has posted a 56 per cent YoY rise in net profit to TZS15bn (US$9.5m) due to increased exports and stable electricity sup...