Standard & Poor’s revises Italcementi rating
Standard & Poor’s announced Friday that it has revised the corporate rating of Italcementi SpA, and as a consequence the rating of Italcementi Finance SA’s outstanding unsecured...
Italcementi
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Ciments du Maroc 9.3% fall in profit
Ciments du Maroc closed 2014 with a 5.1 per cent fall in its turnover from MAD3.6bn (US$35m) to MAD3.4bn. The cement producer’s operating results experienced a 9.3 per cent drop...
Asia Cement in renewable energy schools project, Thailand
Asia Cement, part of the Italcementi Group, has initiated the "25 Renewable Energy Schools Project" as part of the Thai cement producers corporate social responsibility, environ...
Ciments du Maroc: Moroccan market to show little change in 2015
The Moroccan cement market is expected to show not much change in 2015 from the previous year, according to Mario Bracci, CEO of Ciments du Maroc. The Italcementi-owned cement p...
Berenberg Bank lifts Italcementi to EUR7.10
Following the announcement of the 2014 figures of Italcementi, Berenberg Bank has increased its price target for the stock of Italcementi to EUR 7.10 from EUR 6.30 per share, bu...
Egypt: Italcementi’s energy diversification focus
Italcementi is currently focussing on energy source diversification at its Egyptian facilities, CEO Carlo Pesenti told Daily News Egypt. Mr Pesenti said the company will be rely...
Asia will drive cement growth, says Italcementi chief executive
Italcementi Group foresees stronger growth of 2-3 per cent this year, with the key driver being Asia, backed by economic recoveries in the European Union and North America. Give...
Italcementi improves margins
Italcementi's 2014 turnover declined by a further 1.8 per cent to EUR4155.6m but the underlying EBITDA did improve by 3.2 per cent to EUR649.1m.
Suez Cement Group sees 4Q gains
With improved market conditions, Suez Cement Group of Companies (SCGC) of Egypt saw a 2.5 per cent increase in fourth-quarter revenues to EGP1.539m and progress in EBITDA which ...
KORFEZ awarded Italcementi project in France
KORFEZ ENG has signed a contract with Italcementi Group for the supply of a new second compartment mill shell lining for one of the cement producer’s plants in France. This syst...