CRH posts 2% rise in EBITDA for 9M20
CRH has reported a three per cent like-for-like (LfL) decrease in its sales to US$20.6bn for the nine-month period to the end of September 2020, maintaining the level of sales d...
Weekly Newsletter
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Spanish cement demand drops 13% in October
Demand for cement in Spain has fallen 13.1 per cent YoY to 1,205,482t in October 2020, according to Oficemen. In the first 10 months of 2020, domestic consumption has decreased ...
GICA to export clinker to Dominican Republic and Haiti
GICA will export 41,000t of clinker to the Dominican Republic and Haiti as it seeks new markets in Latin America, the company announced in a statement sent to EFE. It will also ...
Suez Cement sees net loss widen in 9M20
Egypt’s Suez Cement has posted a consolidated net loss of EGP888.9m (US$56.79m) in the first nine months of 2020, widening from an EGP521.4m loss in the year-ago period. The com...
Taiwan Cement Corp sees revenue rise 3% in the 3Q20
Taiwan Cement Corp has announced a three per cent YoY rise in revenue to TWD29.8bn (US$1.04bn) for the third quarter of 2020. Its net income also reached TWD7.4bn, up 14 per cen...
HeidelbergCement announces EUR400m investment in French sites
HeidelbergCement’s subsidiary, Ciments Calcia has presented the draft terms of a large-scale investment and reorganisation programme for several of its sites in France. The prog...
US August shipments down sharply by 7% YoY
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico in August 2020 fell by seven per cent YoY to 9.6Mt, according to the latest data by ...
Breedon Group's revenues for 10M20 reach GBP750m
Breedon has issued a scheduled trading update with group revenues in both September and October ahead of the same period in the prior year, on a like-for-like basis. As a result...
LafargeHolcim launches first sustainability-linked bond for EUR850m
LafargeHolcim priced a EUR850m sustainability-linked bond on 17 November, with a coupon of 0.5 per cent maturing in 2031. This is the first bond of its kind in the building mate...
Iran's cement production rises 14% YoY
Iran's cement production in the first six months of the year (starting in March 2020) rose 14.4 per cent YoY to 35.63Mt, compared with 31.15Mt in the year-ago period, according ...