US Jan-July shipments up 8% YoY
Total shipments of Portland and blended cement in the US and Puerto Rico in July 2014 were 9Mt, up by about 11 per cent in July 2013, latest data from the US Geological Survey (...
Weekly Newsletter
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TCL places hold on all debt payments
Following a financial assessment of Trinidad Cement Ltd (TCL) by PricewaterhouseCoopers (PwC), the Caribbean-based cement producer has decided to place a hold on all payments du...
Colombian cement demand up 17% in August
Colombia’s cement consumption saw a 17.2 per cent rise to 1.020Mt in August 2014 when compared with the same month of 2013, according to the national statistic office, Dane. Maj...
Cemex enters new US$1.35bn credit agreement
Cemex SAB de CV announced it entered a new credit agreement for US$1.35bn with nine of the main lending banks from its Facilities Agreement of 17 September 2012. The new agreeme...
Taiwan Cement further hikes price in China
Taiwan Cement announced a further rise in cement prices in China’s Guandong province due to the increasing demand in the domestic market. The price hike follows an earlier incre...
UK: Votorantim interest in Tarmac
Votorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and Lafarge, in an effort to seal a GBP32bn mega-merger that would include Ta...
Sagar gets Board nod for BMM acquisition
The board of Sagar Cements has given approval in-principle for the acquisition of a 100 per cent equity stake in BMM Cements Ltd as the company seeks to expand its presence in s...
Sabanci Holding eyes LafargeHolcim assets
Turkish conglomerate Sabanci Holding plans to bid for some of the assets Lafarge and Holcim must sell to receive approval from competition watchdogs ahead of its planned merger,...
PPC chief executive quits, South Africa
Ketso Gordhan, the chief executive officer of PPC Ltd (PPC), resigned from his post at South Africa’s largest cement maker because of differences with the board.
Indonesian firms expect better second-half
Two of Indonesia's top three cement producers are expecting a better financial performance in the second half of this year, on the back of growing demand despite a projected slo...