Holcim to delist from Euronext Paris
Holcim Ltd has announced that it is delisting its shares from Euronext Paris to simplify its trading structure, effective from 30 December 2022. According to the company, the de...
Weekly Newsletter
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Argos records sales of COP8.5trn during the 3Q22
Argos ( Grupo Argos ) has reported the highest levels of sales and EBITDA in its history, with figures of COP8.5trn (US$302.6m) and COP1.5trn, and increases of 20.7 and 4.3 per ...
Titan records consolidated sales of EUR1662m in 9M22
Titan Group's consolidated sales for the first nine months of 2022 reached EUR1661.8m posting a 31.6 per cent increase. Energy costs have seen their highest levels during the ea...
Birla Corporation profits hit by production costs in 2QFY22-23
Even with a double-digit increase in cement sales by volume, Birla Corp Ltd ’s September 2022 quarter (2QFY22-23) profitability was hit by a sharp increase in power and fuel cos...
Buzzi Unicem records net sales of EUR3bn in 9M22
Buzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine mon...
Colombian cement market expands 2% in September
Cement dispatches in Colombia increased 2.1 per cent YoY to 1.188Mt in September 2022 when compared with September 2021, when 1.164Mt of cement were dispatched, according to the...
Cecon starts trials at new Concepcion plant
Cartes Group-owned Cementos Concepción (Cecon) began trials at its new cement plant in Concepción, Paraguay. It is expected that the trial period will last 2-3 months before act...
Summit Materials net revenue rises to US$686m in 3Q22
Summit Materials ' reported net revenue rose by US$23.8m to US$686m in the 3Q22, up 3.6 per cent on the 3Q21. Adjusted EBITDA declined US$5.4m to US$184.9m over the same period,...
Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain
Votorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cement p...
Semen Indonesia improves 9M net profit and carbon performance
Indonesia-based PT Semen Indonesia Group (SIG) posted a net profit of IDR1.65trn (US$105.7m) in the January-September 2022 period, up 18.9 per cent from IDR1.39trn in the 9M21. ...