Weekly Newsletter

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Adelaide Brighton predicts 2015 sales gain

Adelaide Brighton predicts 2015 sales gain

Australian construction materials group Adelaide Brighton says cement and clinker product sales volumes should be "similar to or greater than" levels in the prior year.

TCL poised for new loan syndication

TCL poised for new loan syndication

Trinidad Cement Limited (TCL) is set to launch a US$245m five-year term loan as it seeks to turn a new leaf following the completion of a debt restructuring earlier this year, R...

Holcim and Lafarge seal binding deal with CRH

Holcim and Lafarge seal binding deal with CRH

Lafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the as...

Future LH Executive Committee finalised

Future LH Executive Committee finalised

Lafarge and Holcim have completed the appointments for the future Executive Committee of LafargeHolcim following a recommendation by Eric Olsen, future CEO of the combined group...

Pakistan cement exports see monthly gains

Pakistan cement exports see monthly gains

Pakistan's cement exports during April 2015 showed sequential gains but declined over the first 10 months of the current fiscal on an annual comparative basis, with shipments to...

Lafarge and Holcim reorganise group functions

Lafarge and Holcim reorganise group functions

Lafarge and Holcim are each preparing the reorganisation of group functions in the context of their proposed merger. Holcim’s proposed new organisation would result in a net red...

Weaker Brazil markets depress Cimpor's profits

Weaker Brazil markets depress Cimpor's profits

Cimpor has reported a first quarter turnover 7.4 per cent higher at EUR636.6m but the EBITDA declined by 7.2 per cent to EUR123.4m. The trading profit (EBIT) was 17.6 per cent l...

Fauji Cement inaugurates WHR project, Pakistan

Fauji Cement inaugurates WHR project, Pakistan

Fauji Cement Company Ltd (FCCL) has inaugurated a 12MW waste heat power project at its factory in Jhang Bahater, Attock district of Pakistan. Sinoma Energy Conservation of China...

TCL restructures debt, names new CEO

TCL restructures debt, names new CEO

Trinidad Cement Ltd (TCL) has repaid all its previous lenders, company chairman, Wilfred Espinet, announced alongside Nigel Edwards and new chief executive, Jose Luis Seijo. Esp...