HeidelbergCement sees revenue rise 4% in 2019 preliminary results
HeidelbergCement has announced a 4.3 per cent YoY increase in group revenue to EUR18.851bn in its preliminary results for 2019. On a like-for-like (LfL) basis, the rise moderate...
Weekly Newsletter
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Cemex records flat net sales of US$3.3bn in 4Q19
Cemex announced that its 4Q19 net sales remained flat at US$3.3bn and fell for the full year by one per cent to US$13.1bn. Operating EBITDA, on a like-for-like basis, fell by 15...
Vietnam cement sales expand 13% in December
Total cement sales by Vietnamese cement producers increased 13 per cent YoY and five per cent MoM to 9,573,455t in December 2019, according to the Vietnam National Cement Associ...
US cement sales show modest gain in 2019
Cement sales edged up to US$12.5bn in 2019, according to the US Geological Survey (USGS). Of this total 70-75 per cent of sales were to ready-mixed concrete producers, 10 per ce...
Buzzi Unicem cement sales reach 29.1Mt in 2019
Buzzi Unicem's sales volumes during 2019 exceeded the level reached in the previous year in all the areas where it operates, thanks to the robust growth recorded in the USA. Gro...
Moroccan cement dispatches increase to 13.6Mt in 2019
Moroccan cement deliveries by members of the country’s cement association, APC, slipped to 1,038,250t in November 2019, down 2.5 per cent from 1,064,498t in November 2018, accor...
CimMetal awards Togo grinding contract to Intercem
Togo-based cement producer CimMetal has placed the order for various equipment for its 2.5Mta VRM-based grinding plant at Lomé with Austrian equipment supplier Intercem. The ord...
SCG sees 14% revenue increase from Cambodian operations
Thailand's Siam Cement Group has reported a 13.9 per cent YoY increase in sales revenue from its Cambodian operations in 2019, rising to US$451m from US$396m in the previous yea...
Raysut Cement plans to acquire 75% stake in LafargeHolcim Maldives
Oman’s Raysut Cement Co has reportedly begun discussions to acquire a 75 per cent stake in LafargeHolcim Maldives. The board has approved the move in principle and the company i...
Dominik von Achten appointed new chairman of HeidelbergCement
Dr Dominik von Achten becomes the new chairman of the Managing Board of HeidelbergCement on 1 February 2020. Dr Dominik von Achten, 54, will take over the chairmanship of the Ma...