Egypt cement volumes hold firm
Egypt’s cement volumes demonstrated resilience over the Jan-May 2014 period with the pricing environment also positive.
Weekly Newsletter
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Argos sees strong performance in US division
Argos closed the first half of 2014 with an 87 per cent increase in net profit driven by acquisitions and positive market trends, most notably in the US which generated earnings...
Lafarge sells Pakistan cement operations
Lafarge announced the sale of its cement operations in Pakistan for an enterprise value of US$329m to local producer Bestway Cement. Lafarge Pakistan Cement Ltd, in which Lafarg...
National Cement Co to receive IFC cash injection
Kenya-based National Cement Co Ltd (NCCL), a member of the Devki Group of Companies, is to receive a KES5.9m (US$70m) cash injection from the International Finance Corp (IFC) to...
Philippine cement sales growth continues
Cement sales in the Philippines rose 3.2 per cent in the second quarter of this year, underpinned by public works projects and private sector construction activity.
Eagle advances cement volumes by 4%
In the first quarter of its financial year to 31 of March 2014, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, increased by 17 per cent...
UltraTech full-year hit by operational costs
UltraTech Cement, an Aditya Birla Group company, today announced its financial results for the year ended 31 March 2014. Full-year net sales stood at INR58.32bn compared to INR5...
Lafarge acquires Kercim grinding plant, France
Lafarge has acquired Ciments Kercim's grinding plant, located in the bulk terminal port of Nantes-Saint-Nazaire, western France.
Colombia boosts Cemex Latin American Holdings
First-half turnover at Cemex Latin American Holdings improved by 6.1 per cent to US$864m while EBITDA declined by 7.5 per cent to US$283.1m.
Turkey: Cimsa acquires local cement producer
Sabanci group company Cimsa has acquired fellow Turkish producer Sancim Bilecik Cimento in a deal reportedly worth US$220.7m. The company signed the contract allowing it to purc...