Colombian cement market contracts 4% in June 2018
National cement demand in Colombia declined 4.1 per cent to 943,200t in June 2018 from 983,500t in June 2017, according DANE, the country’s statistics office. January-June 2018 ...
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InterCement IPO set for 2019
Brazil's InterCement Participações SA of Brazil plans an initial public offering (IPO) of its operations in Europe and Africa early next year, reports Reuters. InterCement would...
Zambia starts work on new 1Mta cement plant
Zambia's President, Edgar Lungu, has officially launched China National Building Materials' (CNBM) cement plant in Chongew Mapande Industrial Park, Zambia.
LafargeHolcim's 2Q18 revenues rise by 6.2%
LafargeHolcim's revenue grew 6.2 per cent in the 2Q18, with total net sales of CHF7442m (US$7468m). For the first six months net sales grew 4.8 per cent on a like-for-like basis...
Cementir's 1H18 cement and clinker sales fall to 4.9Mt
Cementir Holding's sales volumes of cement and clinker in 1H18, equal to 4.9Mt, were essentially unchanged compared to the 1H17, despite the change in the scope of consolidation...
Cemex's net sales rise by 7% in 2Q18
Cemex's net sales increased by seven per cent during the 2Q18 to US$3.8bn versus 2Q17. Operating EBITDA increaed by four per cent during 2Q18 to US$714m versus 2Q17. Cemex's CEO...
GCC 1H18 sales rise by 11.4%
Grupo Cementos de Chihuahua (GCC) reports that its 1H18 sales increased 11.4 per cent to US398.8m, generating US$115m in EBITDA, up 22 per cent YoY. However, the company's net r...
Falcon Cement's 2017 revenue up 56%
Bahrain's Falcon Cement Company (FCC) has reported that its total income for 2017 rose to US$45.6m, while its net profit hit US$8.2m. "Despite challenging market conditions and ...
Dangote Cement 1H18 revenues of NGN482.4bn
Dangote Cement Group reported 1H18 unaudited revenues of NGN482.4bn (US$1.33bn), up 16.9 per cent and group EBITDA up 20.8 per cent at NGN246bn.
FLSmidth and CNBM sign framework agreement
FLSmidth and China National Building Material (CNBM) have signed a framework agreement to offer the cement industry more competitive plant solutions. Song Zhiping, chairman of C...