Kazakhstan: Steppe Cement 1Q volumes down
In the first quarter of 2015, Kazakhstan-based producer Steppe Cement reported a three per cent decline in sales volumes to 192,884t from 198,607t a year earlier. The company sa...
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Spanish watchdog includes Lafarge and Holcim in cartel proceedings
Spanish competition regulator CNMC has included Lafarge and Holcim in the proceedings for alleged cartel agreements brought up against a number of sector players at the end of 2...
Saudi cement sales see annual gains
Saudi cement sales for the month of February 2015 were 6.5 per cent higher than in February 2013 and 9.7 per cent higher than February 2014 when the market was impacted by a lab...
TPI Polene: solid growth prospects
TISCO Securities has reinitiate coverage of Thai cement producer TPI Polene with a ‘Buy’ based on exciting growth prospects.
Honduras: cement price up HNL10.35 in past year
A 42.5kg bag of cement in Honduras has seen its price rise by HNL10.35 (US$0.48) in the past 12 months as the ex-works price was dollarised.
Moody's: WCC's weakened 2014 results to have no impact on ratings
Moody's Investors Service says that West China Cement Ltd's (WCC) weakened 2014 results are in line with the rating agency's expectations and will have no immediate impact on th...
TCC International Holdings net profit rises 22.5%
TCC International Holdings Ltd said net profit surged 22.5 per cent to US$264m. The Chinese cement producer attributed the profit rise to strong sales in southern China, where p...
Australia: Boral set for building price boost
Price increases for building materials products suggest Boral Ltd shares could go higher, says Deutsche Bank. Dow Jones reports that the broker notes suppliers of construction m...
Challenging year in store for Holcim Indonesia?
Holcim Indonesia will be challenged by tighter competition and high debt levels that could spike costs this year, according to a report by Bahana Securities has said after the c...
Upbeat outlook for Siam Cement PLC
Kasikorn Securities (Thailand) has reinitiated coverage of Thai conglomerate Siam Cement PLC with an 'Outperform' rating due to renewed optimism in domestic cement consumption a...