Weekly Newsletter

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Cimpor boosted by South American operations

Cimpor boosted by South American operations

Cimpor's underlying first half turnover improved by 19.6 per cent to EUR1299.8m as the company is boosted by its new South America operations but Portuguese losses more than dou...

UltraTech poised for Jaiprakash's Gujarat units

UltraTech poised for Jaiprakash's Gujarat units

UltraTech Cement is said to be in advanced stages of discussions to acquire the Gujarat-based cement units of Jaiprakash Associates, local media have reported. Sources familiar ...

China's Sinoma profit falls as turnover climbs

China's Sinoma profit falls as turnover climbs

China National Materials Co Ltd, Sinoma Group (China), has reported mixed results for the first six months of 2013. While turnover over the period moved ahead 6.9 per cent to CN...

Siam Cement plans 1.8Mta plant in Myanmar

Siam Cement plans 1.8Mta plant in Myanmar

Siam Cement Pcl, Thailand, plans to build a 1.8Mta integrated cement plant in Myanmar, ready to start production in mid-2016. The THB12.4bn (US$388m) investment will position Si...

Dangote cement defers LSE listing

Dangote cement defers LSE listing

Dangote Cement has delayed plans for its listing on the London Stock Exchange (LSE) to 2014. Alhaji Aliko Dangote, chairman of Dangote Group, had announced the company intended ...

CRH hit by hard winter

CRH hit by hard winter

CRH's first-half turnover declined by 3.2 per cent to €8007m and the EBITDA fell by 24 per cent to €397m. The trading profit dropped by 74.7 per cent to €41m and the pre-tax res...

Italy: plant closure opposed

Italy: plant closure opposed

The mayors of the Pescara mining basin have voiced their opposition to the closure of Italcementi's Scafa plant and have asked the company to review its plans. They are also rea...