Titan suffers in Egypt, but improves elsewhere
Titan’s turnover improved by 3.3 per cent to EUR879.7m in the first nine months of 2013, but EBITDA edged ahead by just 0.1 per cent to EUR146.7m. In the third quarter the EBITD...
Weekly Newsletter
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CRH's nine-month results show growth
In its autumn trading statement, CRH said that turnover improved by three per cent in Europe and by five per cent in the Americas, or four per cent overall.
Cementir boosts pretax profit
Cementir's turnover for the first nine months of 2014 declined by 3.7 per cent to EUR714.7m as the Turkish and Egyptian currencies declined against the euro and Italian volumes ...
Lafarge to acquire complete control of Unicem
Lafarge Nigerian Cement Holdings said on Monday it had entered into an agreement with Flour Mills of Nigeria to purchase a 30 per cent stake in United Cement Company of Nigeria ...
Indonesian monthly consumption up 3.2%
Indonesian cement consumption increased by 3.2 per cent in October 2014 and year-to-date sales were ahead by 3.4 per cent. However, industry sources caution that sales may start...
Buzzi Unicem's US profits grow
Buzzi Unicem's turnover for the first nine months edged ahead by 0.2 per cent to EUR1898.7m while EBITDA improved by 10.8 per cent to EUR302.5m.
Dangote Cement to reduce capex next year
Dangote Cement expects to slow its capital spending next year to around US$700m, as it completes most of its African expansion projects, its chief executive told Reuters on Wedn...
Rembang project temporarily halted, Indonesia
Central Java Governor, Ganjar Pranowo, has said that Semen Gresik's cement plant project in Watuputih, Rembang, has been halted to respect the process of a citizen lawsuit at th...
PPC increases stake in Habesha, Ethiopia
PPC has increased its shareholding in Ethiopian producer Habesha Cement Share Company to 51 per cent by acquiring the Industrial Development Corporation's (IDC) 20 per cent stak...
Arabian Cement to set up Brazilian joint-venture
Egypt-based Arabian Cement Company, announced it will establish a grinding plant in northwest Brazil as part of a joint-venture agreement with local cement manufacturer Cementos...