Brazil: alternative raw materials usage among 'best in the world'
The proportion of alternative raw materials used in Brazilian cement is one of the best in the world, country's leading cement producer reports, citing domestic construction in...
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TPCC operations reportedly suspended
Tanzania’s National Environment Management Council (NEMC) has indefinitely suspended operations by the country’s largest cement producer Tanzania Portland Cement Co (TPCC) due ...
Cemex’ US EBITDA rises by 65% and trading loss almost eliminated
Cemex' turnover improved by 3.2 per cent in 2014 to US$15,708.5m and the EBITDA advanced by 3.7 per cent to US$2740.5m, while the trading profit rose by 12.3 per cent to US$127...
Titan subsidiary acquires EBRD stake in ANTEA Cement
Titan Group subsidiary Αlvacim Ltd has acquired the 20 per cent stake held by the European Bank for Reconstruction and Development (ΕBRD) in ANTEA Cement, a Titan Group subsidi...
Cementir increases profit and reduces debt
Cementir Holding's turnover in 2014 declined by 4.1 per cent to EUR948m, but at constant currencies there would have been a 5.3 per cent increase. The EBITDA, however, improved...
Hoang Phat Vissai Group kicks off plant construction, Vietnam
Hoang Phat Vissai Group has started construction of Song Lam cement plant in Vietnam’s central province of Nghe An. Located in Bai Son commune, the 18,000tpd works will be dev...
Vulcan’s EBITDA grows by 28 per cent
Vulcan Materials' turnover increased by 8.1 per cent in 2014 to US$2994.2m and the EBITDA rose by 28.1 per cent to US$99.7m. After a net interest charge 20.2 per cent higher...
Belarus to export 1.8Mt in 2015
Belarusian manufacturers are expected to export 1.8Mt of cement in 2015, including 1.3Mt to be supplied to Russia's Eurocement, Construction Minister, Anatol Chorny, told repor...
CRH: climbing the building materials ladder
News that CRH has beaten off competition to acquire a package of assets from Lafarge and Holcim ahead of their planned merger has been welcomed by the market, but not everyo...
Cemex LatAm 2014 turnover declines, consolidated sales rise
Cemex Latin American Holdings saw turnover decline by 1.4 per cent to US$1725m during 2014 and EBITDA decline by 8.84 per cent to US$577m with the margin declining from 36.2 to...
SCCC 4Q14 profit declines
Siam City Cement Co (SCCC) reported a decline 4Q14 profit after as its margin was further squeezed by higher power costs and a maintenance shutdown and weak domestic demand. ...
PCA: oil prices could lead to strong near-term US economic growth
Low oil prices are beneficial to US economic growth and are expected to add 20 to 30 basis points to real GDP growth rates during 2015-2016, Edward J Sullivan announced during ...
Pakistan dispatches rise 9.5% in first seven months
Pakistan cement dispatches over the first seven months of the current fiscal increased by 6.18 per cent to 20.22Mt compared with 18.86Mt in the same period of the previous year...
New Zambia plant construction under study
SCIROCCO Enterprises Ltd has entered into an agreement with a consortium to construct a 2500tpd cement factory in the Makeni area of Lusaka, Zambia. Moustafa Saadi, managing ...
Three Holcim Philippines plants receive energy efficiency accolade
Three cement plants owned by Holcim Philippines have been commended by the Department of Energy (DOE) for their respective energy saving initiatives. The Bulacan facility rece...
Wonder Cement to double capacity, India
India-based Wonder Cement, part of the RK Marble Group, plans to more than double capacity by year-end. The company, which operates a 3.35Mta cement works in Nimbahera, in the ...
Vicat increases cement shipments by 13.7%
Vicat's turnover improved by six per cent in 2014 to €2423m, which translates into an underlying increase of eight per cent on a like-for-like basis. Turnover in cement adv...
Eagle Materials net profit rises by 37.8%
Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the first nine months to 31 December, rose by 19.1 per cent to US$941.2m. T...
MIT unveils project transfer plan, China
China's Ministry of Industry and Information Technology (MIIT) released a plan to transfer the production capacity of six cement projects under construction in the southwestern...
ACC reports 19% rise in 4Q14 profit
ACC, India’s second-largest cement manufacturer, reported a 19 per cent jump in profit in the October-December quarter, driven mainly by a substantial tax reversal. Net profi...
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