Italcementi 9M12 sales hit by Western Europe, competition in Africa
Leading Italian cement producer Italcementi posted a significant drop in nine month net profit as sales were hit by its Western European markets and higher competition in Africa.
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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 ...
Dangote Cement sees 22% rise in 2012 pretax profit, Nigeria
Nigeria-based cement producer Dangote Cement said it expects pretax profit to reach NGN143bn (US$910m) for full year 2012 on strong demand, a rise of 22 per cent compared to the...
Emerging markets, North America drive Holcim performance
Holcim reported a rise in cement deliveries for the first nine months of 2012 supported by pricing improvements. Emerging markets continue to support growth together with strong...
Pakistan October dispatches down on falling exports
Pakistan cement dispatches in October 2012 fell by 5.87 per cent mainly due to a steep 20.59 per cent drop in cement exports, data from the All Pakistan Cement Manufacturers (AP...
ACC sales rise 3.5 per cent YoY to 2.04Mt in Oct
ACC Ltd's sales rose 3.5 per cent to 2.04Mt in October, from 1.97Mt in the same month a year ago. The company's production increased marginally to 2.05Mt during the month, as co...
Europe: 2012 trends and outlook
Eurostat data published earlier this week shows that August was the eighth month in a row to register YoY declines in Eurozone construction output among member states – the late...
Holcim Philippines to boost cement capacity
Holcim Philippines has announced that it is planning to invest US$350m-450m in a new 2Mta cement plant to meet long term domestic market needs. Speaking at a press briefing, Hol...
GCC sales rise 13.3 per cent, Mexico
Mexico-based cement producer Grupo Cementos de Chihuahua (GCC) has posted MXP2.58bn (US$197m) in sales for 3Q2012, up 13.3 per cent YoY.
Jiangxi Wannianging Cement profit declines, China
Jiangxi Wannianging Cement has posted an 82.33 per cent drop in net profit for the first nine months of 2012 on the back of lower sales volumes and prices. For the nine months t...