Cementir Holding announces 1H19 revenues of EUR591.9m
Cementir Holding has released its results for 1H19. Revenues rose to EUR591.9m up from EUR588.5m in 1H18, while EBITDA stood at EUR110.1m, up 14 per cent compared to EUR96m in 1...
Weekly Newsletter
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Ciments du Maroc to acquire Atlantic Cement and Cimsud
Ciments du Maroc has announced it has signed an agreement with Anouar Invest for the acquisition of two cement companies, Atlantic Ciment and Cimsud. Atlantic Cement is currentl...
Cemex Latin America sees sales fall to US$249m in 2Q19
Cemex Latin America Holdings SA announced consolidated net sales of US$249m in 2Q19, a YoY fall of 11 per cent in US dollar terms or by four per cent in local currency terms. Op...
GCC announces overall increase in sales for 1H19
Mexico's Grupo Cementos de Chihuahua (GCC) has announced a 1.3 per cent YoY increase in sales to US$403.9m for the first six months of 2019, against US$398.8m in the year-ago pe...
Construction starts on new 1.5Mta Uzbek plant
Construction of a new cement plant in Yanguikurgan district in Namangan region of Uzbekistan has been started. The works has a capacity of 1.5Mta and is built on a 40ha plot. To...
HeidelbergCement looks back at 2018 sustainability achievements
HeidelbergCement has published its 2018 sustainability report in which it lays out its plans to produce CO2-neutral concrete by 2050 and its achievements in the area of sustaina...
Holcim Argentina to replace 35% of energy with wind power
Holcim Argentina has signed a contract with YPF Luz to replace 35 per cent of its conventionally-sourced energy with wind power. This translates to 142,000Mwh per annum of deman...
Sigus Cement to start national distribution
Sigus Cement’s plant in d’OUm El Bouaghi, Algeria, has launched its grey cement onto the national market, according to its Managing Director, Fawzi Bachiri. The cement company s...
National Cement's acquisition of ARM blocked
The acquisition of ARM Cement for US$50m by National Cement has hit a legal block. ARM's former CEO and leading shareholder, Pradeep Paunrana, has challenged the sale in the Hig...
Algeria exports US$30m of cement in 5M19
Algeria has exported cement to the value of US$29.96m in the first five months of 2019, an increase of 849.6 per cent YOY, according to the Directorate of Studies and Customs Pr...