TXI 2Q sales increase, but net loss widens
Texas Industries, Inc today reported a wider net loss for the quarter ended 30 November 2013 compared to the same period of last year, as a number of non-recurring and short-ter...
Weekly Newsletter
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US energy efficiency update
US cement industry energy consumption in 2012 decreased by 2.1 per cent against 2011 levels, the recently released annual Labor-Energy Input Survey by the PCA indicates. This en...
CRH full-year development spend
CRH announced a total of seven acquisitions and investment initiatives in the second half of 2013, taking full-year development activity to EUR0.69bn. The company invested EUR0....
EC rejects request by Germany to review deal
The European Commission (EC) has rejected a request from Germany to refer the planned acquisition of Cemex West by Holcim to the German competition authority for assessment unde...
Pakistan exports fall in 5MFY13
During the first five months of FY13-14, Pakistan exported 3.749Mt of cement on foreign exchange revenues of US$225.30m, down 0.44 and 8.03 per cent YoY in terms of volume and v...
Saudi slowdown set to continue
The current slowdown being seen in the Saudi Arabian cement market due to labour shortages is set to continue in the short-term, NCB Capital has cautioned. Saudi cement sales de...
Pakistan: quarterly gains expected
Pakistan cement dispatches during the second quarter of the current fiscal are expected to have increased by 5.13 per cent on a QoQ basis to 8.2Mt compared to 7.8Mt in the first...
Colombia: market expands 6.9% in November
Grey cement production in Colombia during November 2013 totalled 1.02Mt, a 9.6 per cent increase when compared with the same month of the previous year.
Oman seeks anti-dumping measures
UAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neighb...
AVIC completes takeover offer for KHD
AVIC International Beijing Company announced on Friday the successful completion of a voluntary public takeover offer for shares in German equipment supplier KHD Humboldt Wedag....