PPC and AfriSam call off merger talks
South African cement producers PPC and AfriSam have called off merger talks after they could not reach a consensus on the terms, both the companies said on Friday. Last December...
Weekly Newsletter
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Dangote Cement pretax profit down 3.2%
Dangote Cement's pretax profit fell 3.2 per cent to NGN184.68bn (US$928m) last year due to a gas shortage and the impact of wet weather on construction activity, the company sai...
Cementos Argos readies itself for 'vibrant' US market growth
With US demand recovery on a roll, Cementos Argos is readying itself for 'vibrant' growth in the years ahead with the group having consolidated its presence in nine strategic st...
ARM posts flat full-year pretax profit
Kenya's ARM Cement posted a pretax profit of KES2.02bn (US$22m) for 2014, up one per cent YoY. The cement maker, which also has operations in Tanzania, said its revenue for the ...
MPA response to government 2050 Carbon Reduction Roadmap for the cement sector
The Mineral Products Association (MPA) responded to the publication of the Government’s 2050 carbon reduction roadmap for the UK cement sector. The report, commissioned by the D...
Anhui Conch full-year profit rises 17%
Anhui Conch Cement Co's net profit rose 17 per cent in 2014 but warned that the cement sector in its home market of China was under pressure as the economy slowed. The company r...
Vietnam Jan-Feb sales reach 9Mt
Vietnam sold 9.01Mt of cement and clinker in the first two months of this year, meeting 12.5 per cent of the whole-year target, according to figures from the country's Ministry ...
Lafarge and Holcim agree on revised terms
Lafarge and Holcim are back on track with their proposed merger having reached an agreement on revised terms for the deal. Holcim demanded new terms earlier this week, stating t...
HeidelbergCement ‘confident’ on 2015 outlook
HeidelbergCement’s 2014 consolidated financial results show increases in revenue and operating income, and significant increases are expected for the year in hand.
Spain: February consumption up 8%
Spain’s demand for cement increased 8.3 per cent in February to 810,104t, when compared with February 2014, according to Oficemen, the country’s cement association.