ADOCEM anticipates further consumption gains
The Dominican Republic economy, construction and cement industries have seen a very strong rebound from the global recession in recent years. Real GDP increased 4.8 per cent in ...
Weekly Newsletter
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S&P downgrades PPC on increasing debt
Standard & Poor's Ratings Services (S&P) has lowered its long-term South Africa national scale rating on heavy building materials producer PPC Ltd to 'zaA' from 'zaA+'. At the s...
Cementos Molins appoints new CEO
Cements Molins has appointed a new CEO, Julio Rodríguez. Mr Rodríguez worked formerly at Schneider Electric and is since 1 July the first CEO outside the Molins family. He is ex...
India: Dalmia expands footprint in western region
Dalmia Cement Bharat Ltd (DCBL), the flagship company of the Dalmia Bharat Group, has commenced operations at its greenfield cement plant in Belgaum district of Karnataka, India...
US April shipments climb 4.1% YoY
Total shipments of Portland and blended cement in the USA and Puerto Rico in April 2015 rose by 4.1 per cent to around 7.7Mt, latest data from the USGS shows. Shipments for the ...
West China Cement issues first-half profit warning
West China Cement Ltd said Wednesday it expects to record a "significant decrease" in net profit for the six months ended June compared with a year ago. The Hong Kong-listed cem...
Fitch upgrades TCL's IDRs to 'B-'; Outlook Stable
Fitch Ratings has upgraded the Foreign and Local currency Issuer Default Ratings (IDRs) of Trinidad Cement Ltd (TCL) to 'B-' from 'D' and assigned an expected rating to the comp...
Saudi clinker production declines
Clinker output in Saudi declined by 12 per cent YoY in May 2015 in producers deliberately attempt to shore up cement prices, claims a report by NCB Capital. Stockpiles had built...
Vietnam expected first-half output up 10.5%
Vietnam is estimated to have produced 32.1Mt of cement in the first half of this year, up 10.5 per cent from a year ago, the government-run General Statistics Office said. In Ju...
