Buzzi Unicem set to acquire 50% of Grupo Ricardo Brennand
Buzzi Unicem has signed an agreement with Grupo Ricardo Brennand aimed at acquiring 50 per cent of BCPAR SA, a subsidiary of Brennand Cimentos, including two integrated cement p...
Weekly Newsletter
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Breedon's unaudited 1H18 results see revenues up 16%
Breedon Group Plc's interim results (unaudited) for 1H18 saw revenues up 16 per cent to GBP378.4m (US$378.4m) from GBP326.3m in 1H17. Profit before tax reached GBP30.4m down thr...
SOBOCE to invest further in El Puente
Bolivia’s Sociedad Boliviana de Cemento SA (SOBOCE) is expanding the production capacity at its El Puente cement plant to meet the current and future cement demand in Tarija.
Mexican cement prices forecast to rise in 2018
Cement prices in Mexico are expected to continue their rise this year. Cemex increased its cement price at the start and in the middle of the year by Cemex, "We have announced t...
Colombian cement dispatches fall 5% in July
Colombian cement producers dispatched 990,012t of cement in July 2018, representing a 4.9 per cent YoY fall, according to the latest data from the country’s statistics office, D...
US and Puerto Rico cement shipments stable
Total shipments of Portland and blended cement in the USA and Puerto Rico remained stable at around 9.3Mt in June 2018, according to the US Geological Survey (USGS). The leading...
Boral posts 49% net profit surge in FY18
Australia’s Boral has announced a 49 per cent YoY surge in in net profit to AUD441m (US$322.45m) for the FY18 ended 30 June. Sales revenue increased 34 per cent to AUD5.9bn, whi...
Ugandan President opens new Simba grinding plant
Uganda's President, Yower Museveni, has opened the Tororo grinding plant of Simba Cement and during the opening the owners of the factory announced that they would produce the l...
German cement consumption rises to 28.8Mt in 2017
Germany consumed approximately 28.8Mt of cement in 2017, roughly 4.8 per cent more than in 2016, according to VDZ. However, much less growth is expected in 2018. VDZ President C...
Vietnam exports continue to soar to record levels
Vietnamese exports of cement and clinker soared to 2.251Mt in July 2018, up 61 per cent YoY. Clinker exports reached 1.669Mt in the period, increasing 72 per cent YoY, with high...