Pakistan: Lucky Cement first-quarter profit up 4.8%
Lucky Cement Ltd, Pakistan’s leading cement producer, saw a 4.8 per cent rise in net profit for the first quarter of the current Pakistan fiscal to PKR2.669bn (US$26m). Earnin...
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Michigan DEQ grants Lafarge new fuel approval, USA
State officials have approved a request from Lafarge to burn asphalt shingles and plastics at its plant near Alpena, Michigan, USA. The state’s Department of Environmental Qua...
Cemex UK launches new Technical Development Programme
A new Cemex UK Technical Development Programme has been launched this week to develop the technical managers of the future. Six technicians embarked on the first 18 month pro...
Holcim and Cemex sign binding agreements on European transactions
Holcim and Cemex have signed binding agreements regarding the series of transactions in Europe originally announced last year. The main scope of the transactions in Germany and...
SCG chief anticipates 5% rise in 2015 demand
Cement demand in Thailand is expected to increase by at least five per cent next year stimulated by an acceleration of government infrastructure development, according to the c...
Lafarge Africa 9M14 pretax profit drops 41.2%
Lafarge Africa said its pretax profit for the first nine months of this year dropped by 41.2 per cent YoY to NGN38.08bn (US$231m). Revenue, however, rose to NGN159.39bn from ...
Vietnam October output up 10.3% YoY
Vietnam is estimated to have produced 5.2Mt of cement in October, up 8.33 per cent from September and 10.3 per cent from a year ago, the government’s General Statistics Office ...
India: Malabar Cements gets state gov't nod for Cochin Port unit
The state government of Kerala, India, has given Malabar Cements Ltd the green light to set up a bulk cement handling unit at the Port of Cochin. Malabar Cements has shown an...
Nova Scotia to use fracking waste at Lafarge plant
Canada's Nova Scotia province has given the go-ahead for 5Ml of hydraulic fracturing wastewater to be disposed at the Lafarge Brookfield plant following a successful pilot proj...
Al Jouf sees double-digit rise in 3Q net profit, Saudi Arabia
Saudi-based Al Jouf Cement Co posted a 17 per cent YoY increase in its third-quarter net profit to SAR8.6m (US$2.29m), boosted by higher sale volumes. Operating profit grew a...
Cementos Argos 3Q14 net profit jumps 69%
Cementos Argos, Colombia’s leading cement producer, posted a 69 per cent jump in net earnings for the first nine months of the year to COP217.5bn (US$111m), boosted by higher U...
Fauji Cement first-quarter profit edges ahead
Pakistan-based producer Fauji Cement on Tuesday announced a net profit of PKR602m (US$5.8m) during the first quarter (Jul-Sep) of the current fiscal, up three per cent YoY. ...
Holcim Philippines board gives nod for Lafarge talks
Holcim Philippines’ board of directors have authorised the company to “consider and negotiate the purchase” of Lafarge’s shares in Lafarge Illigan Inc, Lafarge Mindanao and Laf...
Eagle Materials reports record 2Q volumes
Eagle Materials' first-half turnover to the end of September, including its share of the Texan cement joint venture with HeidelbergCement, increased by 15.2 per cent to US$616....
Siam Cement 3Q net profit down 20% YoY
Siam Cement said on Wednesday its third-quarter net profit dropped 20 per cent YoY due to weak demand for construction materials. Thailand’s largest industrial conglomerate po...
Martin Marietta boosted by TXI acquisition
Martin Marietta Materials, with a three-month contribution from Texas Industries (TX)I, increased turnover by 30.5 per cent to US$2101.6m in the first nine months of the calend...
Suez Cement starts trial production using coal at its Kattameya plant
Suez Cement has started trial production using coal at its Kattameya plant in Egypt. Commercial production is scheduled to start next month, its chairman has said. Preparations...
Saudi Arabia: Tabuk third-quarter profit down 24%
Tabuk Cement Co recorded SAR21.6m (US$5.76m) net profit in the third quarter of 2014, a decline of 23.94 per cent YoY from SAR28.4m. On a quarterly basis, net earnings were dow...
Holcim and Lafarge formally notify EC
Lafarge and Holcim have formally notified the European Commission (EC) of their proposed merger to obtain regulatory approval and have made slight changes to the list of assets...
CIMAT to invest in new kiln and grinding plant
Following the strong demand in the Gabon cement market, domestic producer CIMAT will install “a latest-generation kiln with a production capacity between 3600-4000tpd. The ...
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