Uruguay: government-owned plants losing money
Uruguay's budget deficit reached four per cent of GDP during 2016, equivalent to US$2.043bn, the worst performance since 1989, according to the latest figures released by the go...
Weekly Newsletter
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South Korea: preferred bidders named in US$567m Hyundai deal
Hanil Cement Company and LK Investment Partners have been named as the preferred bidders to acquire Hyundai Cement, reports South Korea's Pulse.
Cembureau welcomes European Parliament's approach to EU-ETS policymaking
Cembureau has reponded to this week's vote in Strasbourg by the European Parliament, welcoming its decision not to deliberately discriminate between sectors and to apply a fact-...
Boral's Australian cement turnover declines
Boral's turnover for the six months to the end of December declined by 4.6 per cent to AUD2093m (EUR1497m), largely reflecting the transfer of US Bricks to joint venture status ...
USA: Martin Marietta 4Q16 and full-year results
For the 4Q16 Martin Marietta achieved net sales of US$889m compared with US$780.8m in the 4Q15. EBITDA was US$229.7m compared with US$204.4m in 4Q15.
Peru: Cementos Pacasmayo sees 13% drop in sales in 4Q16
Peru's Cementos Pacasmayo saw its cement, concrete and blocks sales decline by 12.7 per cent YoY in 4Q16. However, there was extraordinary spending associated with El Niño preve...
HeidelbergCement releases 4Q16 and 2016 results
HeidelbergCement saw its cement volumes rise by 50 per cent YoY to 30.8Mt from 20.5Mt in the 4Q16, according to a company statement.
European Parliament to vote on removing cement sector ETS exemption
On February 15 the European Parliament will vote on a report from its environment committee on the reform of the EU's emissions trading scheme (ETS). Among the recommendations i...
Ireland: Quinn Cement open Warrenpoint export hub
Quinn Cement has establised a new cement export hub in Warrenpoint Harbour in Co Down, Ireland, in a GBP2.5m (EUR2.9m) investment. With a capacity to move 7500t, the export faci...
Mixed bag for Turkish cement producers in 2016
Several cement producers in Turkey have released their results for 2016, showing a mixed performance in the year. Net profit were also down at Adana Cimento to TRY130.9m in FY16...