Siwertell secures new Medcem order, Turkey
Siwertell, part of Cargotec, recently secured a road-mobile unloader order from Medcem Global Pazarlama AS, in Turkey. This is the third order of its kind received from the ope...
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FLSmidth and Haldor Topsoe sign cooperation agreement
Haldor Topsoe A/S, a leader in catalysis, and FLSmidth signed a cooperation agreement that marks the beginning of a joined effort to commercialise a newly-developed catalytic f...
Al Jouf net profit advances 11.6% in 2014
Saudi-based Al Jouf Cement recorded a net profit of SAR60.4m (US$16.1m) for 2014, up from SAR54.1m in 2013, the company said in a statement to the Saudi Stock Exchange. The i...
Uzbekistan: Ahangarancement full-year output rises
Ahangarancement, part of Eurocement Group, produced 1.24Mt of clinker and 1.7Mt of cement in 2014, a YoY increase of 6.2 per cent (72,500t) and five per cent (80,400t), respect...
Young talent joins Cemex UK
A new cohort of trainees has started at Cemex UK, bringing young people and new talent into the construction and building materials industry. Six trainee quarry managers, thr...
Siam Cement fourth-quarter net profit up 11% YoY
Siam Cement PCL, Thailand's largest industrial conglomerate, said on Wednesday its 4Q14 net profit rose 11 per cent due mainly to improving margin for its petrochemical busines...
Ecuador 2014 sales down 2%
Ecuador cement sales dipped in 2014 to 6.47Mt, down two per cent from the 6.60Mt recorded in the previous year, latest data from domestic cement association INECYC shows . Last...
Cementos Argos may refinance short-term debt in 2015, Fitch
The majority of Cementos Argos’ short-term debts due in 2015 are expected to be refinanced, according to an analysis of Colombian cement firm by Fitch Ratings. This move is a...
India Ratings reaffirms Long-Term Issuer Rating to HeidelbergCement India
Credit rating agency India Ratings and Research has reaffirmed Long-Term Issuer Rating of 'AA-' with stable outlook to the HeidelbergCement India. The rating indicates the hi...
Iranian exports exceed 14.5Mt in first nine months
Iran’s cement and clinker exports have surpassed 14.5Mt in the first nine months of the Iranian calendar year (starting 21 March 2014). Of the total, 68.7 per cent were ceme...
Johnston named PCA Government Affairs Vice President
PCA named A Todd Johnston as vice president for government affairs, effective 19 January 2015. Based in the association's Washington office, he will represent PCA and its membe...
PPC cautions on half-year earnings
South Africa's biggest cement maker, PPC, advised yesterday that its earnings in the six months to the end of March 2015 may fall by as much as 45 per cent partly due to rising...
Philippine full-year cement sales up 9.6%
Philippine cement sales increased by 9.6 per cent YoY in 2014, Ernesto M Ordonez, president of the Cement Manufacturers’ Association of the Philippines (CeMAP), confirms. Sa...
Siam Cement 4Q profit projected to dip, positive 2015 outlook
Siam Cement is expected to report lower 4Q14 earnings as a result of an inventory loss in its petrochemical unit and the impact of the economic slowdown. Going forward, a promi...
Indocement expects 5-6% sales rise
PT Indocement Tunggal Prakarsa Tbk, part of the HeidelbergCement Group, said sales would rise 5-6 per cent this year on hopes of strong demand from the infrastructure sector, K...
Molina: Venezuela to take cement output to 9Mt in 2015
As part of the Venezuelan government’s investment in the country’s cement sector, the new Cerro Azul plant in Monagas state, is expected to add 1Mta of cement to national outpu...
Norm Sement works reaches design capacity, Azerbaijan
Norm Sement has reached design capacity of its 2Mta Qizildas cement plant in Azerbaijan, and is confident on the outlook for the year ahead as it looks to increase market share...
Metso acquires certain IPR from Rexnord
Metso has acquired from the US-based company Rexnord Industries, LLC certain intellectual property rights (IPR) related to Rexnord's Falk Mill Products business. The acquisitio...
UltraTech quarterly revenue rises 15% YoY
India's largest cement producer, UltraTech Cement, reported a 15 per cent YoY increase in net sales for the quarter ended 31 December 2014 to INR54.9bn. Earnings before inte...
S&P Puts Holcim (Canada) On WatchDev
Standard & Poor's (S&P) Ratings Services are placing its long-term corporate credit rating on Holcim subsidiary Holcim (Canada) Inc on CreditWatch with developing implications ...
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