Buzzi Unicem's bid for Sacci expires
Buzzi Unicem’s offer to buy Sacci SpA has expired after being rejected by the banks and creditors and the bidder is no longer bound to any commitment, the Italian cement major ...
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Cemex completes Apo Cement expansion
Cemex Philippines has inaugurated a new PHP3bn (US$67.3m) cement mill at its Apo Cement plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country. P...
Holcim Indonesia's 1Q15 revenue declines on weak demand
Holcim Indonesia recorded a decline in sales revenue of five per cent to IDR2.25trn in the first three months of the year, as volumes were down by seven per cent, reflecting t...
Martin Marietta first-quarter sales up 66%
Martin Marietta reported consolidated first quarter net sales of US$631.9m compared with US$379.7m a year earlier, an increase of 66 per cent. Aggregates product line volume i...
Algeria: GICA to increase capacity to 18.5Mta by end-2017
State-owned Groupe Industriel des Ciments d’Algérie (GICA) will invest DZD154bn (US$1.6bn) to increase its production by from 11.5Mta currently up to 18.5Mta by the end of 2017...
Argos acquires Puerto Rico operations
Argos acquired a stake of 60 per cent in Wetvan Overseas, a company that controls a terminal for receiving, storing, selling and distributing cement in Puerto Rico, for an amou...
UK building products: volumes up
The Mineral Products Association (MPA) reports that sales volumes of aggregates, ready-mixed concrete and asphalt improved again in the first quarter of 2015. Seasonally-adjust...
Egypt: Suez Cement sees 3% fall in 1Q15 revenues
Suez Cement Group of Companies (SCGC), part of the Italcementi Group, saw revenues decline three per cent in the first three months of the year versus the same period of 2014. ...
Holcim Philippines has PHP2bn capex plan
Holcim Philippines Inc will set aside PHP2bn (US$44.8m) for its capital expenditures (capex) this year to boost capacity in a bid to meet rising demand amid sustained construct...
China's building materials output falls in 1Q15
Output of China's building materials sector fell in the first quarter of 2015 as the property market remained weak, the country's top economic planner indicated on Wednesday....
USA: Cupertino plant agrees lawsuit settlement
Hanson Permanente Cement Inc, owners of Lehigh Cupertino cement plant, has agreed to pay a US$2.55m penalty to settle a federal suit and install a US$5m wastewater treatment fa...
Oman Cement’s new mill on target for 4Q15
The installation of a new cement mill at the Rusayl complex of Oman Cement Company will be completed by the fourth quarter of this year, chairman of the board, Dr Abdullah Abba...
Lafarge sees growth in the Middle East & Africa
Lafarge's first quarter turnover increased by 5.5 per cent to €2779m and EBITDA rose by 17.5 per cent to €403m, while the running profit advanced by 40.4 per cent to €205m. Net...
Holcim sees continued growth in the USA
Holcim's first quarter turnover declined by 2.8 per cent to CHF3972m (€3699m), but on a like-for-like basis, there was a 1.6 per cent reduction while measured in euros the turn...
Eurocement backs Holcim-Lafarge merger
Eurocement Holding AG, Holcim Ltd's second-largest shareholder, said it supports the Swiss cement maker's planned merger with Lafarge SA . "Having analysed all advantages and ...
Semen 1Q profit hit by lower prices
Indonesia's biggest cement producer, PT Semen Indonesia Tbk, posted a 8.5 per cent drop in first-quarter net profit from a year earlier on the back of lower selling prices and ...
Philippine first-quarter cement sales up 9.6%
Philippine cement sales grew 9.6 per cent in the first quarter from a year ago to 5.7Mt, latest statistics from the Cement Manufacturers Association of the Philippines (CeMAP) ...
Shree net profit down on weaker sales, India
Shree Cements on Wednesday reported a 46.39 per cent dip in standalone net profit at to INR1.198bn (US$18.8m) for the third quarter that ended on 31 March 2015 due to a decline...
US February shipments up 2% YoY
Total shipments of Portland and blended cement in the United States and Puerto Rico in February 2015 were about 4.8Mt, up by about two per cent from the level in February 2014,...
Port of Long Beach completes environmental study for Mitsubishi modification project
The Port of Long Beach announced on Tuesday the completion of an environmental impact report (EIR) for the Mitsubishi Cement Facility Modification Project, a proposed expansion...
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