Italcementi announces restructuring plan, Italy
Italy’s leading cement producer Italcementi has approved a 2013-14 reorganisation of its domestic operations to cut annual costs by EUR40m (US$52.2m). The plan, named “Project 2...
Italy
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Italcementi awards Rezzato cement upgrade to KHD
The Italcementi Group recently awarded KHD a contract to upgrade and redevelop its Brescia Rezzato plant in Italy. The upgraded plant, situated the in environmentally sensitive ...
Buzzi Unicem's turnover edges ahead and profit advances
Buzzi Unicem's turnover for the first nine months was up by 1.7 per cent to €2,146.3m and the EBITDA increased by 11.7 per cent to €368.7m.
Cementir's ready-mixed concrete volumes weaken
Cementir's turnover for the first nine months of the year was up by 4.9 per cent to €730.9m. EBITDA, which weakened by 11.9 per cent in the third quarter, was ahead by a modest ...
Italcementi to revamp Rezzato works, Italy
Leading Italian cement producer Italcementi said it will invest EUR150m to revamp its Rezzato works.
Buzzi Unicem expected to revise 2012 EBITDA guidance
Brokerage Equita expects Italian cement maker Buzzi Unicem to report a 21 per cent rise in EBTIDA for the first nine months of 2012 to EUR177m.
Buzzi Unicem improves profit at lower volumes
Buzzi Unicem’s first half turnover edged ahead by 0.9 per cent to €1,350.9m, but the EBITDA recovered by 7.7 per cent to €197.2m. For the full year Buzzi Unicem is maintaining i...
CRH closing in on Jaiprakash cement stake - report
CRH is reported close to picking up 51 per cent stake in Jaiprakash Associates' cement operations in Gujarat at an enterprise value of about INR4200 crore, the Economic Times of...
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 ...
Italcementi’s profits fall in spite of recoveries in North America and India
Italcementi’s first half turnover came off by 4.9 per cent to €2299.8m while the running EBITDA declined by 11.6 per cent to €328.7m. The trading profit fell by 37.4 per cent to...