China Resources Cement net rises 26% YoY
China Resources Cement (CRC) announces that it made HKD4.21bn (US$ 542.6m) net profit in 2014, up 26 per cent YoY. Earnings per share were 64.4 HK cents. The company gained ...
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Jaipur plant proposals, India
Five new cement plants will be set up in Jaipur, the largest city of the northern Indian state of Rajasthan, with a total production capacity of around 3Mta. The mines departm...
Cemex to invest US$7m in San Pedro de Macoris
Cemex is investing DOP315m (US$7m) in a new packing and palletising line at its San Pedro de Macoris plant, Dominican Republic, to increase capacity and cover market demand for...
Holcim says does not comment on shareholder reactions to merger terms
Holcim said on Monday it would not comment on press reports about shareholder reactions to the terms of its planned merger with Lafarge. "The board of Holcim has taken note of...
PPC Zimbabwe on course for 2016 mill commissioning
PPC Zimbabwe Ltd is expected to commission its new cement mill at its plant in Harare next year, an official has said. "We are spending about $75m on our Harare mill this year...
New appointments at Cemex
Martin Langvad has been appointed as vice president of cement operations and technology (northern Europe). Mr Langvad has worked for Cemex for 19 years and has more than 30 yea...
Lafarge increases stake in Unicem
Lafarge Africa Plc has notified the Nigerian Stock Exchange that Nigerian Cement Holdings BV (NCH), a 50 per cent affiliate of Lafarge Africa, has completed the acquisition of ...
Qassim Cement approves dividend, Saudi Arabia
Saudi cement producer Qassim Cement Co (QCC) approved at a general meeting on Sunday a cash dividend payment of SAR270m (US$72m), or SAR 3 per share, for the second half of 201...
Italcementi improves margins
Italcementi's 2014 turnover declined by a further 1.8 per cent to EUR4155.6m but the underlying EBITDA did improve by 3.2 per cent to EUR649.1m. The depreciation charge decl...
Titan Egypt's profits decline, but Greece and the USA recover
Titan's turnover improved by 2.7 per cent in 2014 to EUR1158.4m but the EBITDA emerged 2.6 per cent lower at EUR181.6m. Following an 8.5 per cent reduction in the depreciation ...
Bamburi Cement pretax profit grows by 5.5%
Bamburi Cement of Kenya yesterday announced a 5.5 per cent increase in pretax profit from KES5.5bn (US$1.8bn) to KES5.8bn in its full-year results for 2014. Group’s turnover in...
HeidelbergCement inaugurates 0.7Mta CimBurkina works
HeidelbergCement has started production at its 0.7Mta CimBurkina grinding plant in Kossodo, Burkina Faso. The EUR42m grinding facility will be supplied with clinker from Heide...
Pakistan shipments advance over first eight months
Total cement shipments over the first eight months of the current Pakistan fiscal (July-February 2015) rose eight per cent YoY, according to data by the All Pakistan Cement Man...
MacGregor wins multiple offshore self-unloader order from Chinese shipyard
MacGregor, part of Cargotec, has received an order from Wuhu Xinlian Shipyard in China for eight MacGregor dry bulk cement handling systems. The fully-automated pneumatic ...
Cement companies walking the walk in sustainability
Results from an independent audit undertaken across the membership of the Cement Sustainability Initiative (CSI) of the World Business Council for Sustainable Development (WBCS...
Yanbu Cement Co signs contract for WHR plant
Yanbu Cement Company (YCC), one of Saudi Arabia’s leading cement companies and a major player in the western region of the kingdom, has signed a contract for the establishment ...
SCG Indonesia on course to launch operations in 3Q15
SCG Indonesia, part of SCG Cement is set to launch operations of its first cement plant in Indonesia during the third quarter of the year. The US$356m cement plant, situated i...
FLSmidth wins Egyptian cement plant contract
FLSmidth has received two contracts from the Egyptian cement producer Qena Cement for supply of equipment for a cement plant which was originally supplied by FLSmidth. The ceme...
Peru: Unacem reports rise in 4Q14 income
Peruvian cement producer Unacem saw revenues increase 13.2 per cent to PEN516.5m (US$167m) in the last quarter of 2014 when compared with 4Q13. EBITDA rose 52.5 per cent thanks...
Vietnam output up 13% YoY
Vietnam produced 4.2Mt of cement in February, down 19 per cent from January but up 13.3 per cent from a year ago, according to the government-run General Statistics Office. I...
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