European cement majors: first half trends
The last week has seen three leading European cement majors release first-half 2012 results: Lafarge, HeidelbergCement and Italcementi. The latest figures appear to confirm the ...
Holcim
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Holcim: July '12
The Holcim associate Huaxin Cement has announced that it expects profits to fall by at least 50 per cent in the year 2012, largely because of the reduction seen in cement prices.
ACC reports 26 per cent net profit rise
ACC of India reported a rise of 26.33% in consolidated net profit to INR4.15bn for the quarter ended June 30, 2012 as compared to INR3.28bn in the same period last year. Total c...
Holcim could face 20% fine, Brazil
Holcim may be issued with a fine this year for price fixing practices in Brazil, a third less than the maximum that was expected, BusinessWeek reports. Brazil’s antitrust regula...
India first quarter market expectations
Indian cement companies are expected to post higher net profits and sales in the first quarter of the current fiscal (April-June FY13) thanks to improved prices and higher deman...
ACC seen posting 12 per cent rise in 1QFY13 net profit
ACC is likely to post a 12 per cent YoY rise in net profit at INR3.78bn for the first quarter of the current fiscal (FY12-13), according to the average of 22 brokerages' estimat...
Huaxin Cement expects H1 net profit to drop 50%, China
Huaxin Cement Co Ltd, in which Holcim holds an approximate 42 per cent stake, has become the latest Chinese producer to issue a first-half profit warning. The Hubei Province-bas...
Holcim inaugurates new Garadagh line, Azerbaijan
President Ilham Aliyev of Azerbaijan has attended the official inauguration of Holcim’s new dry-process line at its Garadagh cement plant in Baku. The new 1.7Mta kiln replaces t...
Holcim: June '12
Holcim's two main Indian subsidiaries, Ambuja Cements and ACC Limited, have been fined at total of approximately EUR325m, or INR2301 crores, by the Honourable Competition Commis...
Holcim Indian cement interests see modest YoY gains
Holcim’s Indian cement companies, ACC and Ambuja Cements have reported modest rises in June shipments and production in June.