Limak's 0.7Mta Matola plant inaugurated
Mozambican President Filipe Nyusi inaugurated Limak Cement Group’s new cement plant in Matola on 21 February 2018.
Weekly Newsletter
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LafargeHolcim's Ambuja Cement to build new 3.1Mta Rajasthan plant
LafargeHolcim will strengthen its presence in India with the construction of a new cement plant in Marwar Mundawa, in the state of Rajasthan. The CHF200m (US$213.4m) investment ...
Caribbean Cement to restart exports
Caribbean Cement expects to restart cement exports following the completion of its US$50m modernisation programme. The programme also includes the commissioning of a new coal mi...
Vicat's 2017 profits lower at pretax, but higher at net level
Vicat's turnover improved by 4.5 per cent in 2017 to EUR2563.5m while EBITDA eased by three per cent to EUR444.2m, while at unchanged exchange rates and other parameters the cha...
Breedon in talks to acquire Lagan Group
UK-based construction materials company, Breedon Aggregates, is reportedly looking to acquire all or parts of Lagan Group, a leading building materials company based in Ireland.
UltraTech and Dalmia Bharat highest bidders in Binani Cement deal
UltraTech Cement and Dalmia Bharat-Bain Piramal Resurgence Fund consortium are leading the bids for Binani Cement, according to Indiainfoline. Both partieshave submitted bids of...
Cementir boosted by full-year results from Belgium
Cementir Holding's turnover in 2017 increased by 25.3 per cent to EUR1287.5m and EBITDA was ahead by 11.5 per cent to 220.5m. As regards the continuing business, the turnover ad...
CCI finds six companies have formed a cartel
In a preliminary investigation, the Competition Commission of India (CCI) has found that six cement companies have formed a cartel. Although this enquiry focussed on the northea...
Siam Cement record revenue increase in 2017
Siam Cement has released its financial results for the full-year period ended 31 December 2017. Revenue reached THB450.9bn (US$14.34bn), an YoY increase of six per cent from THB...
Cementos Argos sees revenues rise, but Colombia challenges income
Argos reported an improvement in its revenues for 4Q17 with stable sales for the full-year 2017. While EBITDA results fell both for 4Q17 and 2017, adjustment for non-recurring s...