Chinese demand seen improving - Citi
Cement demand in China is likely to improve sequentially in the coming six months with the speeding up of infrastructure construction and more policy support, says Citi. Cement ...
Weekly Newsletter
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Indocement plans to close three inefficient lines, Indonesia
Indocement Tunggal Prakarsaplans, part of the HeidelbergCement Group, plans to discontinue production activities of lines P1, P2, and P6 at its flagship Citeureup works, Indones...
CalPortland Co to buy Martin Marietta's California cement business
Taiheiyo Cement Corp announced Tuesday that its California subsidiary CalPortland Co (CPC) will buy Martin Marietta Materials Inc's cement business in California for US$420m. Ma...
Buzzi Unicem: strong growth in America
Buzzi Unicem's first-half turnover improved by 4.9 per cent to EUR1238.2m and EBITDA rose by 20.3 per cent to EUR166.6m. The depreciation and impairment charges came down by 22....
Vicat’s cement volume declines but cement EBITDA improves
Vicat's first-half turnover improved by two per cent to EUR1243.6m, which amounts to a 6.1 per cent reduction on a comparative basis. EBITDA declined by 2.2 per cent to EUR203.1...
LafargeHolcim Ltd to launch squeeze-out for remaining Lafarge SA shares
LafargeHolcim Ltd announces that it has decided to initiate a squeeze-out process for all issued and outstanding shares of Lafarge SA. After surpassing the necessary 95 per cent...
Cemex completes refinancing of its 2012 facilities agreement
Cemex announced yesterday that it has fully repaid the total amount outstanding of approximately US$1.94bn under the facilities agreement dated 17 September 2012, as amended fro...
Holcim's profits hurt by the strength of the Swiss currency
Holcim's cement deliveries declined by two per cent to 67.6Mt in the first six months, and the underlying advance was 2.1 per cent. Shipments of aggregates rose by 3.4 per cent ...
Nigeria: BUA's 3Mta Obu plant to start operations
BUA Group is about to release cement from its newly-built US$600m Obu plant in Okpella, Edo State, with clinker production already operational. Cement should be dispatch from th...
Zambia has potential for Dangote Cement
Dangote Group of companies has continued its expansion plans in the cement industry with another plant target in Lusaka. Dangote will officially launch its Masaiti cement plant ...