Indonesia: producers' shares fall on Widodo price move
Shares of two of Indonesia’s leading cement producers have lost at least 13 per cent from their July 2014 peak following the decision by the country’s new president to impose pr...
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Holcim sees 3% improvement in like-for-like net sales
Holcim increased net sales by three per cent on a like-for-like basis in 2014. Growth mostly resulted from price improvements in many regions, particularly in North America agai...
Lucky Cement first-half profit up 8.5%
Pakistan's leading cement producer, Lucky Cement, reported a profit after tax of PKR5.6bn (US$55.1m) during the first half of FY14-15 versus PKR5.16bn a year earlier.
Indian producers roll back prices
Indian cement producers have rolled back cement price increases announced in January due to a weaker than expected cement demand off-take.
Tunisia: Carthage Cement cuts cement price
In the past few days, Carthage Cement has lowered the price of cement by TND6/t for bagged cement and TND10/t for bulk. For instance, a bag of OPC will now cost TND141,640/t whi...
Malaysia: Tasek Corp full-year profit ahead
Tasek Corporation Bhd's net profit rose 11.86 per cent to MYR105.4m (US$29.1m) compared to MYR93.90m a year earlier despite heightened competition. Revenue rose to MYR656.06m co...
Philippine prices set to rise?
Cement prices in the Philippines are set to rise by PHP10/40kg bag shortly, according to separate advisory statements issued by three domestic producers to local distributors. C...
Indocement expects 5-6% sales rise
PT Indocement Tunggal Prakarsa Tbk, part of the HeidelbergCement Group, said sales would rise 5-6 per cent this year on hopes of strong demand from the infrastructure sector, Ko...
Semen Indonesia targets seven per cent sales growth
Semen Indonesia is targeting sales growth of around seven per cent this year, despite a cut in the price of the construction material for state-run enterprises initiated by the ...
Spanish watchdog carries out preliminary inspection on price fixing allegations
Spanish competition regulator, CNMC, has carried out preliminary inspections over 20-21 January 2015 at the headquarters of various local concrete and cement producers on allega...