Taiheiyo Cement reports 35% 1H pretax profit rise
Taiheiyo Cement Corp has posted a 11.9 per cent rise in revenues to JPY421.94bn (US$3.72bn) in 1H17 from JPY376.93bn in 1H16.
Weekly Newsletter
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HeidelbergCement announces 7% rise in EBITDA for 3Q17
HeidelbergCement has announced for the third quarter of 2017 a seven per cent YoY rise in EBITDA from its current operations to EUR1058m on a comparable basis (adjusted for curr...
Pakistan’s cement industry expected to grow 8%
Pakistan’s cement consumption grew 16.53 per cent between July-August of this year with a positive outlook for the rest of the year forecast.
Fund manager gains veto control over PPC
The Public Investment Corporation (PIC) has increased its stake in PPC Ltd, South Africa, to just over 25 per cent, the threshold required to gain ‘negative control’ over the co...
Argentina’s cement market expands 23% in October 2017
In October Argentina cement producers delivered 1,150,386t of cement, including exports, according to the Argentine cement producers association, AFCP. This represents a two per...
ASI: Indonesia cement sales up 7%
For the first nine months of 2017, cement consumption in Indonesia rose 6.6 per cent to 47.432Mt from 45.504Mt, according to the Indonesian Cement Association (ASI). The data re...
August cement shipments in the US up 3%
Total shipments of Portland and blended cement in the US and Puerto Rico in August 2017 reached 9.7Mt, an increase of 3.1 per cent when compared with August 2016, according to t...
Siam Cement Pcl sees 16% fall in profit
Siam Cement Pcl reported a 16 per cent fall in 3Q17 net profit on Wednesday due to weak demand and lower margins in its chemical and packaging segments. According to a poll by T...
Pacasmayo reports 6.7% rise in 3Q income
Cementos Pacasmayo increased its deliveries of cement, concrete and blocks by 4.8 per cent YoY in 3Q17 due to a higher level of self-construction activity and the recovery in pu...
Loma Negra sets its IPO at US$19/ADS
Loma Negra Cia Industrial Argentina SA said on Tuesday its initial public offering was priced at US$19 per American Depository share (ADS), raising about US$954m (US$40.4m).