Argos: positive developments across the board
Argos, closed 2013 with a strong rise in EBITDA on the back of positive contributions from all its regional divisions. Other highlights for the year were the inclusion of Argos ...
Weekly Newsletter
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Semen Indonesia net income rises 11% YoY
Net income at Semen Indonesia rose 11 per cent in 2013 to IDR5.37trn (US$462m) from a year earlier as the company boosts sales through expansion and strengthens its market posit...
Holtec wins Palestine plant feasibility tender
Holtec Consulting has won a tender to prepare a feasibility study for the first cement plant to be established in Palestine, the Palestinian Commercial Services Company (PCSC) s...
CAC disappointed by BC government inaction
The Cement Association of Canada (CAC) has expressed its extreme disappointment with the decision by the British Columbia (BC) government not to change how the carbon tax is app...
Lacklustre start to year for Spain
Spanish cement producers can only hope for a better 2014 as demand figures for January 2014 show a 13.6 per cent fall to 764,011t, according to the country’s cement association,...
Buzzi in strategic agreement with W&P Cementi
Buzzi Unicem is paying some EUR22m for a 25 per cent stake in Salonit Anhovo, the leading cement producer in Slovenia with an capacity approaching 1.4Mta and for a 25 per cent i...
Eurocement deliveries advance 5% in 2013
Eurocement, the largest building materials group in Russia and the CIS states, reported a five per cent YoY increase in cement deliveries last year, exceeding 2012’s level by 1Mt.
Suez Cement inaugurates waste treatment plant
Suez Cement, part of the Italcementi group, inaugurated its first waste treatment plant in Egypt on Sunday with investments totalling around EUR5m.
Saudi sales slowdown continues through Jan
The slowdown in Saudi Arabian cement sales continued in January 2014, falling short of analysts expectations.
Boral sharply improves net profit
Boral reported that turnover for the six months to the end of December was ahead by 3.6 per cent to AUD2874m (EUR1894m) and EBITDA rose by 16.3 per cent to AUD307m (EUR202m).