PCA: low crude prices impact oil well cement consumption
With oil prices having declined dramatically since mid-2014 due to a combination of global supply and demand issues, the implications for the US economy, as well as for cement c...
Weekly Newsletter
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Domestic sales drive Pakistan dispatch growth
Pakistan cement dispatches increased by 6.38 per cent to 21.3Mt in the first seven months of the current fiscal compared to 20Mt in the corresponding period of FY14-15, accordin...
Akmenes posts decline in 2015 revenue
Lithuania's sole cement manufacturer Akmenes Cementas posted a decline of around six per cent in 2015 revenue to EUR55.4m from EUR59.2m a year earlier. Nearly 50 per cent of rev...
Vicat underlying turnover eases by 4.4%
Vicat's turnover improved by 1.5 per cent in 2015 to EUR2458m, which translates into an underlying decline of 4.4 per cent on a like-for-like basis.
Reliance Infrastructure to sell cement arm to Birla Corp
Reliance Infrastructure (RInfra) has signed a share purchase agreement with Birla Corp to sell 100 per cent in Reliance Cement Company (RCCPL). The deal values cement business o...
LafargeHolcim considering revised divestment plan in India
LafargeHolcim confirmed today that it is considering a divestment of its interest in Lafarge India with a cement capacity of around 11Mta. The divestment would require the appro...
Philippines: double-digit rise in cement sales
Cement sales in the Philippines increased by a strong 14.4 per cent YoY in 2015 to 24.36Mt, according to figures by the Cement Manufacturers' Association of the Philippines (CeM...
Colombia: dispatches up 12.5% in December 2015
Cement deliveries in Colombia rose by 12.5 per cent YoY to 1.107Mt in December 2015, according to the latest data by the country’s statistics office, DANE.
Eagle Materials improves cement profit
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the first nine months to 31 December 2015 increased by 3.5 per cent to US$973.9...
Spain: demand up 5.3% in 2015
Cement consumption in Spain has increased by 5.3 per cent to 11,408,287t in 2015, according to Oficemen, the country's cement association. Variability in the second half of the ...