Weekly Newsletter

4,217 posts · Page 397 of 422

Cemex to appeal Spanish fine

Cemex to appeal Spanish fine

Cemex said Spanish tax authorities have fined its Spanish subsidiary EUR455m (US$620m) following an audit of the unit's tax returns for the years 2006 through 2009. Cemex Espana...

Lafarge Pakistan net sales rise 7% YoY

Lafarge Pakistan net sales rise 7% YoY

Releasing further details on its 2013 performance, Lafarge Pakistan Cement said it saw net sales grow by seven per cent to PKR10.302m (US$105m) from PKR9624m. The company increa...

Lucky Cement begins production at Iraq works

Lucky Cement begins production at Iraq works

Pakistan producer Lucky Cement has started production at its 0.87Mta joint venture grinding plant in Basra, Iraq. Lucky Cement CEO, Muhammad Ali Tabba, told local press that pro...

Colombian demand grows 12% in February

Colombian demand grows 12% in February

Colombian cement demand expanded by 11.7 per cent in February 2014 compared to the previous year with dispatches reaching 924,000t, according to the statistics office, Dane. Maj...

Vietnam 1Q14 domestic sales rise 8% YoY

Vietnam 1Q14 domestic sales rise 8% YoY

Vietnam sold 10.23Mt of cement in the domestic market in the first quarter of this year, up eight per cent from a year ago, the Ministry of Construction (MoC) said. Shipments in...

Buzzi Unicem hit by weak Italian market

Buzzi Unicem hit by weak Italian market

On a turnover 2.1 per cent lower at EUR2753.1m, Buzzi Unicem's EBITDA improved by 5.7 per cent to EUR481.2m. After writing down the assets in Italy and Ukraine by EUR57.7m and E...

Conch full-year net profit rises 48.3%

Conch full-year net profit rises 48.3%

Anhui Conch Cement Co reported a 48.3 per cent YoY increase in profit attributable to shareholders during 2013 to CNY9.38bn (US$1.5bn) from CNY6.33bn a year ago. Turnover increa...