TCC International Holdings net profit rises 22.5%
TCC International Holdings Ltd said net profit surged 22.5 per cent to US$264m. The Chinese cement producer attributed the profit rise to strong sales in southern China, where ...
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Cimaf inaugurates Ouadgadougou works
Morocco’s Ciments de L’Afrique (Cimaf) is close to inaugurating its Ouagadougou plant in Burkina Faso. The 0.5Mta works represents an investment of XOF25bn (US$40m), according ...
HeidelbergCement inaugurates Scantogo clinker plant, Togo
HeidelbergCement inaugurated the 1.5Mta new greenfield Scantogo clinker plant in Togo on 6 March 2015. The new US$250m plant is located at Tabligbo, some 80km north east of the...
Holcim expects 3-5% growth in Mexico
The Mexican cement market will expand by 3-5 per cent in 2015, according to a forecast by Holcim México. Although dollar volatility, lower oil receipts and the decreased gov...
PPC continues to study AfriSam proposal, South Africa
PPC said that its board is continuing to consider the indicative non-binding proposal from AfriSam Group for a merger between the two South African cement producers. The comp...
Vicem sales up 6.7% in first two months
State-owned Vietnam Cement Industry Corporation (Vicem) said it sold about 3.1Mt of cement and clinker in the first two months of this year, rising 6.7 per cent from a year ago...
Dixon plant reportedly set to reopen, USA
St Marys Cement Inc plans to reopen in Dixon cement plant in Illinois, USA, this spring, according to a report by the Dixon Telegraph. Company spokesman Steve Gallagher says ...
Australia: Boral set for building price boost
Price increases for building materials products suggest Boral Ltd shares could go higher, says Deutsche Bank. Dow Jones reports that the broker notes suppliers of construction...
Ukraine producer widens net loss
HeidelbergCement Ukraine, the local unit of HeidelbergCement AG, saw its net loss expand to UAH425.4m (EUR18.5m) in 2014 from UAH99m the previous year, the plant said in a sta...
Germany: 2014 cement edges ahead
Cement consumption in Germany rose by 2.2 per cent YoY in 2014 to 27.1Mt, according to data German Cement Works Association (VDZ), which also predicts further growth in 2015. ...
Vicat shows good profit growth in the USA, India and Africa
Vicat’s turnover increased by six per cent in 2014 to EUR2422.7m and the EBITDA emerged 3.6 per cent ahead at EUR442m, while at unchanged parameters the increases would have be...
ASEC Engineering wins Ethiopian plant management contract
ASEC Engineering and Management, a subsidiary of Egypt's Qalaa Holdings (formerly Citadel Capital), has signed a plant management agreement with Ethiopia’s National Cement Shar...
Polish monthly production rises 16.1% YoY
Cement production in Poland rose by 16.1 per cent to 720,4000t in February, while sales fell by 2.3 per cent to 722,300t, according to the Polish Association of Cement Producer...
Cementir performs well in Denmark
Cementir Holding's turnover in 2014 declined by 4.1 per cent to EUR948m, but EBITDA improved by 13.4 per cent to EUR192.4m. The trading profit advanced by 35.7 per cent to EUR1...
Macedonia: Usje's unconsolidated net profit falls
Macedonia's sole cement producer Usje said on Tuesday its unconsolidated net profit fell five per cent to MKD1.46bn (EUR23.7m) in 2014. Operating revenue rose two per cent to ...
Challenging year in store for Holcim Indonesia?
Holcim Indonesia will be challenged by tighter competition and high debt levels that could spike costs this year, according to a report by Bahana Securities has said after the ...
Lafarge-Tarmac signs Cookstown waste fuels agreement
The UK's Environment Minister, Mark H Durkan, and Devendra Mody, Industrial Director of Lafarge Tarmac, on Saturday signed an agreement allowing the use of waste-derived fuels ...
Algeria: cement imports up 21% in 2M15
Cement imports into Algeria have jumped 21 per cent in 2M15 when compared to the first two months of 2014, according data by the Algerian customs. Despite the fact that ther...
Semen Baturaja full-year profit advances 5%
State-owned cement producer PT Semen Baturaja Tbk reported a five per cent increase in net profit to IDR328.336bn (US$25m) in 2014 from IDR312.184bn in the previous year. Opera...
Bosnia: TCK expects flat output
Bosnia's Tvornica Cementa Kakanj (TCK), part of the HeidelbergCement Group, sees its cement output flat this year after producing 420,000t in 2014, the company's director said....
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