Bestway Cement 1QFY16 turnover jumps 38%
Pakistan's largest cement producer, Bestway Cement Ltd, announced financial results for first quarter from July to September 2015. Turnover on a consolidated basis jumped by 38 ...
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Titan performs strongly in the USA
Titan's turnover improved by 18.9 per cent to EUR1029.5m in the first nine months of 2015 and EBITDA was up by 12.6 per cent to EUR165.2m, though in the third quarter EBITDA was...
Vicat advances well in the USA but France, Italy and Africa weaken
Vicat's turnover for the first nine months of the year improved by 1.9 per cent to EUR1883m, which represents an underlying decline of 5.3 per cent. The gearing level was reduce...
US: Summit Materials reports 3Q rise in volume and prices across all lines of business
Summit Materials net revenue increased 22.4 per cent to US$426.3m in the third quarter of 2015, compared to US$348.1m in the same period a year earlier. The increase in net reve...
Philippine third-quarter cement sales surge
Philippine cement sales surged 18.6 per cent in the third quarter from a year ago, according to the latest data from the Cement Manufacturers Association of the Philippines (CeM...
Cemex completes Austrian & Hungarian disposals
Cemex announced yesterday that it has closed the sale of operations in Austria and Hungary to the Rohrdorfer Group for approximately EUR160.1m. The transaction was originally an...
West China Cement to acquire Shaanxi-based producer
West China Cement said it agreed to acquire the entire equity interest of Tongchuan Yaowangshan Ecological Cement Co Ltd as well as shareholder's loan at CNY767m (US$121m). Yaow...
ASEC to sell ASEC Minya Cement, ASEC Ready Mix
Qalaa Holdings announced yesterday that its business unit ASEC Cement has signed a sale and purchase agreement for the sale of its holdings in subsidiaries ASEC Minya Cement and...
Colombia sees 5.2% market expansion in September
Colombia’s cement demand expanded by 5.2 per cent YoY in September 2015 to reach 1.143Mt on the back of a strong performance in the contractor and ready-mix sectors, which noted...
Dangote Cement 9M15: new operations help offset weaker domestic demand
Dangote Cement said nine-month profit gained 12 per cent as its new operations across the African continent helped offset weaker demand in its home market of Nigeria.