USA: CRH share price rises on Trump's election
CRH's shares shot up by eight per cent on the Irish Stock Exchange (Iseq) yesterday on the back of Donald Trump's US Presidential win adding EUR2bn to the company's market capit...
Weekly Newsletter
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Cementir 9M16 results affected by foreign currencies
Cementir's results for the first nine months of 2016 were down on 2015 mainly because of the depreciation of the major foreign currencies, which had a negative effect of EUR6.3m...
HeidelbergCement sees improved results across the board for 3Q16
In its first results that include the consolidation of Italcementi, HeidelbergCement reported a significant improvement in sales volumes, revenue and operating income in the thi...
Malaysia: CMSB pledges year-round cement supply
Cahya Mata Sarawak Berhad (CMSB) has said it will be able produce a year-round reliable supply of cement following the commissioning of its third and largest plant in Mambong, S...
India: My Home Industries to commission INR2.5bn plant
My Home Industries has announced that it will commission its 1.5Mta plant in Tuticorin, Tamil Nadu, in January 2017. The Tuticorin plant will represent a INR2.5bn (US$37.5m) inv...
CSI and cement leaders welcome The Paris Agreement's activation
The Paris Agreement entered into force on 4 November. Members of the Cement Sustainability Initiative (CSI) welcomed the news as a key milestone in establishing a stable regulat...
LafargeHolcim 3Q16 net sales 3.1% lower
LafargeHolcim's 3Q16 net sales amounted to CHF7.03bn, 3.1 per cent lower on a like-for-like basis on 3Q15. For 9M16 net sales reached CHF20.3bn, down -1.8 per cent on a like-for...
Algeria: New integrated plant to produce oil well cement
Algeria's Minister of Industry and Mines, Abdessalem Bouchouareb, has stated that a planned 1.5Mta integrated plant being built by STG Engineering and Real Estate Development wi...
Pakistan: start-up of second Cherat production line
Cherat Cement Factory's Line 2 with a cement capacity of 4500tpd formally started production on 31 October 2016. The construction of the second line began in 2014 and has been c...
India: ACC reports 10% fall in cement deliveries in 3Q16
The Indian LafargeHolcim subsidiary ACC Ltd reported a 0.5 per cent reduction in cement deliveries for the first nine months of the year to 17.54Mt, while in the third quarter t...