Colombia’s Argos closes 2012 with 25% rise in EBITDA
Argos, Colombia’s largest cement producer, recorded a 25 per cent YoY rise in EBITDA in 2012 and an 82 per cent rise in operating income. The group, which also operates in the ...
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Italcementi launches five-year bond, Italy
Italcementi, the fifth-largest cement producer in the world, has launched a five-year bond of EUR350m at an issue price of EUR99.477 and a coupon of 6.125 per cent, according t...
Vulcan looks for further improvements in 2013
Vulcan Materials' turnover edged up by 0.1 per cent last year to US$2567.3m, marking the second consecutive year of virtually static sales. EBITDA, again little changed, ea...
Holcim (US) receives HandsOn South Alabama's Corporate Citizenship Award
Holcim (US) announced today that its Theodore plant located in Theodore, AL, received the Corporate Citizenship Award from HandsOn South Alabama (HOSA) at the organisation’s 31...
November 2012 sees eight per cent rise in US cement shipments
Total shipments for Portland and blended cement in the US and Puerto Rico reached 6.6Mt in November 2012, representing an increase of nearly eight per cent, according to the la...
Eagle Materials trading profit almost trebles, USA
Eagle Materials' turnover, including its share of the Texan cement joint venture with HeidelbergCement, rose by 22.7 per cent to US$366.32m for the six months to the end of Sep...
Cemex expected to narrow fourth-quarter loss
Cemex is expected to narrow its net loss in the fourth-quarter of 2012 from a year earlier, helped by improved performance in its main US market and cost reduction. A Reuters ...
PCA revises 2013 consumption outlook upwards
According to the latest forecast from the Portland Cement Association (PCA), there will be an 8.1 per cent growth in cement consumption in 2013, significantly higher than the t...
Lafarge sells aggregate quarries in Georgia
Lafarge announces it has signed binding agreements for the sale of six aggregates quarries in Georgia (USA) for a total enterprise value of US$160m. These assets represent l...
Texas Industries increases volumes, USA
During the first half of its financial year (to the end of November), Texas Industries increased volumes and reduced losses and is on schedule to complete commissioning of its ...