Solid first quarter for Cementos Argos
Cementos Argos posted first-quarter net income of US$39m, up 51.7 per cent compared to the first quarter 2013.
Weekly Newsletter
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UltraTech Cement quarterly profit rises 15% YoY
UltraTech Cement reported a 15 per cent rise in net profit of INR8.4bn (US$138m) for the first quarter of the year on cost control initiatives.
Holcim to reorganise Obourg, Belgium
Holcim Belgique announced its plans to adapt the organisational structure of its Obourg cement works near Mons, a step which would affect 48 jobs.
EC to investigate Cemex and Holcim Spanish deal
The European Commission said on Wednesday it is investigating plans by Cemex and Holcim over a Spanish deal because of competition issues.
Siam City double-digit rise in earnings and sales
Siam City Cement Co (SCCC) reported a double-digit rise in earnings and sales during the first quarter of 2014, as higher cement prices and increased exports help offset decline...
Industry declares victory in NESHAP case
The US Court of Appeals for the District of Columbia Circuit rejected, in part, petitions from the Natural Resources Defense Council and other environmental groups to vacate the...
Savannah Cement plans new clinker line, Kenya
Savannah Cement, the newest entry in the Kenyan market, plans to invest US$200m in the construction of a new clinker line to boost regional sales. A joint venture between Kenyan...
Kazakhstan: Standard Cement to launch second production line in 2015
Standard Cement LPP plans to launch a second production line in south Kazakhstan in 2015, bringing total capacity of the facility to 2.3Mta.
Congo Rep to benefit from rising investment
The Republic of Congo is increasingly attracting foreign investment into its cement industry. By 2016 three further cement plants are expected to come online as the government a...
Peru: market expands 1.35% in 1Q14
In March, the Peruvian cement market remained broadly stable from 815,317t in February to 814,495t, according to domestic cement association, Asocem.