Martin Marietta boosted by Building Materials
US-based Martin Marietta yesterday announced record consolidated net sales of US$791.7m in the first quarter of 2017, up 7.9 per cent on the same period of last year.
Weekly Newsletter
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Al Anwar signs greenfield investment plan
Omani private equity firm Al Anwar Holdings has entered into a shareholders' agreement with Hormozgan Cement Co of Iran to establish Hormuz Al Anwar Cement SAOC for the construc...
Polish cement demand to rise 2.5% in 2017
Cement production in Poland increased by two per cent in 2016, according to the Polish Association of Cement Producers. In 2017 cement demand is expected to grow by 2.5 per cent...
Cemex hikes cement price 20% in Mexico
Cemex increased its price for grey cement in Mexico by 20 per cent YoY in 1Q17. It represents the largest first-quarter increase in at least a decade and twice the seven per cen...
Cemex reports jump in net profit
Cemex reported a jump in net profit to US$336m in the 1Q17 from an income of US$35m in the same period of last year, as the Mexican major as the cement maker continued to sell a...
Holcim Philippines sees 'challenging' 1Q17
Lower public infrastructure spending, tighter industry competition and higher production expenses led to a dip in Holcim Philippines' first-quarter financial performance, the co...
Moroccan demand slips 0.7% YoY in March
Morocco’s cement demand fell 0.7 per cent YoY in March from 1.334Mt in March 2016 to 1.324Mt one year later.
CRH sees 4% advance in 1Q sales
CRH reported a ‘satisfactory’ start to 2017 with first quarter sales up four per cent compared with a strong first quarter of 2016 which benefitted from very mild weather condit...
Lafarge Africa revenue rises
Lafarge Africa Plc announced a profit after tax of NGN5.2bn (US$17m) versus NGN1.9bn in the same period of last year driven by an increase in revenue, comparatively higher gross...
UltraTech Cement FY17 sales edge ahead
UltraTech Cement, an Aditya Birla group company, yesterday reported consolidated sales for FY17 of INR250.92bn (US$3.89bn) against INR248.8bn in the previous year.