Weekly Newsletter

4,217 posts · Page 392 of 422

Lafarge sells Ecuador operations

Lafarge sells Ecuador operations

Lafarge announced the sale of its cement operations in Ecuador for an enterprise value of US$553m to Union Andina de Cementos SAA (UNACEM). Lafarge Cementos SA operates an integ...

Pakistan exports decline in 10MFY13-14

Pakistan exports decline in 10MFY13-14

Pakistan export volumes and revenues have continued to decline in the first 10 months of the current fiscal, mainly due to a decline in shipments to Afghanistan. On a more posit...

Padang begins construction of Indarung VI

Padang begins construction of Indarung VI

PT Semen Padang, part of the Semen Indonesia group of companies, has launched construction of Line No 6 at its plant in Indarung, just outside the city of Padang in West Sumatra...

US March cement shipments rise 6% YoY

US March cement shipments rise 6% YoY

Total shipments of Portland and blended cement in the United States and Puerto Rico in March 2014 rose by nearly six per cent YoY to 6.1Mt, latest data from the USGS show. Shipm...

India Cements to merge with subsidiary

India Cements to merge with subsidiary

India Cements is planning to merge with its subsidiary Trinetra Cement to consolidate its operations. N Srinivasan, vice chairman and managing director of India Cements, said th...

Currency movements depress Cimpor profits

Currency movements depress Cimpor profits

Cimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, however,...

Eurocement inks US$500m Chinese supply deal

Eurocement inks US$500m Chinese supply deal

Russian cement major Eurocement Group has signed a package of contracts with Chinese companies for equipment supply, engineering, installation supervision and employee training ...

Vietnam exports rise 41% YoY

Vietnam exports rise 41% YoY

Vietnam exported 8.38Mt of cement and clinker worth US$355m in the first four months of this year, up 41 and 43 per cent in terms of volume and value, respectively, the General ...

PPC: first-half cement sales edge higher

PPC: first-half cement sales edge higher

PPC announced its group cement sales were two per cent higher for the first half of the year to the end of March 2014. Improvements in export sales and the consolidation of sale...