Anhui Conch earnings outlook raised, China
Despite Anhui Conch posting a 67 per cent YoY decline in third quarter net profit, Credit Suisse and Citigroup see an improved outlook for the Chinese cement major.
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Southern Province driven by higher demand, Saudi Arabia
Saudi Arabian cement producer Southern Province Cement reported a YoY rise in net profit for the the first nine months of 2012 and for the third quarter of the year thanks to an...
Pakistan’s 1QFY13 cement exports rise in value terms
Pakistan cement exports in the first quarter of the current fiscal rose in value terms YoY but in quantity terms volumes are still declining, according to data from Pakistan’s B...
Siam Cement doubles cement sales forecasts
Siam Cement Pcl has doubled its forecast for cement sales growth this year. The company is expected to benefit government projects and the private property sector, and growth sh...
Philippine nine-month cement sales surge
Philippine cement sales increased 20 per cent in the first nine months of 2012, the first time such a high growth rate has been achieved for nearly 20 years.
Bolivia’s cement sales up 8.5% to September
Bolivian cement sales continued their upward trend with deliveries to September increasing 8.52 per cent to more than 2Mt, according to the Bolivian Institute of Cement and Conc...
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.
Eurocement’s Ukraine operations see further market growth
Plants operating under the Eurocement-Ukraina network produced more than 1.2Mt of cement in the first nine months of 2012. More than 1.22Mt of cement have been sold in the repor...
Iran forecast to produce 75Mt cement by year-end
Iran is projected to produce 75Mt of cement by the end of the current Iranian year (March 20, 2013), according to local news reports. ISNA quoted Iranian deputy industry ministe...
Argos registers 25% rise in third quarter EBITDA
Colombia’s Cementos Argos' third quarter operating revenues reached COP3.2bn as the cement company sold 8.2Mt of cement and 6.4Mm3 of concrete in Colombia, the Caribbean and the...