Colombia: market expands 2.7% in May 2015
Cement dispatches in Colombia increased 2.7 per cent YoY to 1.062Mt, according to the country’s statistics office, DANE. The increase is primarily the result of an 8.7 per cent ...
Weekly Newsletter
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Mexico: Elementia plans to raise about US$290m in IPO
Mexican building materials company Elementia plans to raise about MXN4.5bn (US$290m) in its initial public offering next month. A preliminary prospectus detailed that Elementia ...
Semen Indonesia lowers prices amid increased competition, weaker demand
Semen Indonesia, the country's largest cement producer, has reduced cement selling prices by around 10 per cent this year and is looking to increase exports against a backdrop o...
Construction output up 0.3% in euro area
In April 2015 seasonally-adjusted production in the construction sector rose by 0.3 per cent in the euro area (EA19) and fell by 0.3 per cent in the EU28 compared to the previou...
TCL Group plans delisting
In the midst of a major debt restructuring exercise, Trinidad Cement Ltd (TCL) has announced that it could delist from the Barbados Stock Exchange (BSE), the Eastern Caribbean S...
CBMI signs EPC contract for PPC line
CBMI has signed a 3000tpd clinker production line EPC contract with PPC, marking the first collaboration between the two companies. The new kiln line 9 project will be located a...
Pakistan: Dewan Cement restructuring debt
Dewan Cement Ltd (DCL) has taken steps to ease debt burden and improve production efficiency.
Moody's reviews West China Cement's B1 ratings
Moody's Investors Service has put West China Cement Limited (WCC) B1 corporate family and senior unsecured debt ratings under review for upgrade. On 19 June 2015, WCC announced ...
West China Cement issues Conch International HK$1.53bn worth of shares
West China Cement said Friday that it will issue HKD1.53bn (US$197.4m) worth of shares to to Conch International Holding, a wholly owned subsidiary of Anhui Conch Cement Company...
CMS sees strong start to the year, Malaysia
Caha Mata Sarawak Bhd (CMS) reported a total revenue of MYR491m (US$132.3m) for the first quarter of 2015, an increase of 32 per cent from MYR373.24m a year earlier. Pretax prof...