China's first-half output growth slows
Cement output rose 3.6 per cent YoY to 1.14bnt in the first half of 2014, slowing 6.1 percentage points from the expansion seen during the same period last year, according to l...
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Holcim Philippines 1H14 net profit up on strong sales
Holcim Philippines booked a net profit of PHP3.32bn (US76.5m) in the first half of 2014, up 8.7 per cent compared to the same period of last year. The country’s largest cemen...
PPC Zimbabwe set for Harare plant construction
PPC Zimbabwe said that preliminary work for a new plant in Harare is complete and construction is scheduled to begin next month. The country’s leading cement producer has rep...
Israel: antitrust moves to increase competition
Israel’s antitrust authority is taking steps to introduce competition in the domestic cement market by calling on the country’s dominant producer to make a plant disposal or ad...
Chettinad increases holding in Anjani Portland Cement, India
Chettinad Cement Corp has increased its holding in Anjani Portland Cement to 66.08 per cent by acquiring a 17.08 per cent share through an open offer. In March, the company ...
Talks held on proposed Russian Karachay-Cherkessia plant
Rashid Temrezov, the head of Karachay-Cherkessia Republic, and Filaret Galchev, a member of the board of directors of Eurocement Group, are in talks for the construction of a c...
Adelaide Brighton acquires Penrice quarry, Australia
Adelaide Brighton has acquired the Penrice limestone quarry in Angaston for an undisclosed price. The quarry, which had been placed into voluntary administration in April, wil...
Double-digit rise in Colombian dispatches
In the first half of 2014, national cement demand in Colombia reached 5.690Mt, up 11.2 per cent when compared with the equivalent period of 2013, according to the country's s...
Pakistan export revenues down in FY14
Pakistan reported a decline in export revenue in FY14, due in part to lower sales to Afghanistan and a decline in average export prices. Encouraging trends were, however, noted...
UCC first-half net profit surges, UAE
Union Cement Company (UCC) net profit surged 181 per cent to AED59.4m (US$988,165) in the first half of 2014 compared to AED21.15m in 1H13. In its statement to the Abu Dhabi S...
Egypt cement volumes hold firm
Egypt’s cement volumes demonstrated resilience over the Jan-May 2014 period with the pricing environment also positive. During the first five months of the year, volumes tot...
US Jan-May cement shipments up 6% YoY
Total shipments of Portland and blended cement in the United States and Puerto Rico for the year through May 2014 were 31.2Mt, up by around six per cent compared to the same pe...
Tvornica Cementa Kakanj first-half net profit increases
Bosnia-based Tvornica Cementa Kakanj (TCK) net profit rose by 6.25 per cent to BAM8.5m (EUR4.3m) in the first half of 2014 compared to BAM8m a year earlier, the company said on...
STC eyes Holcim Mauritius acquisition
In the latest step towards to completing the LafargeHolcim merger, Holcim Mauritius could become a public-private partnership (PPP) while the State Trading Corporation (STC) co...
Lafarge reiterates 2014 demand growth rate
Lafarge has confirmed its 2014 sales volumes target for the year with an improving US outlook and signs of recovery in Europe, although emerging markets continue to be the main...
Argos sees strong performance in US division
Argos closed the first half of 2014 with an 87 per cent increase in net profit driven by acquisitions and positive market trends, most notably in the US which generated earning...
ACC net profit down 7%, improving demand outlook
India’s second-largest cement producer, ACC, reported a seven per cent decline in profit for the second quarter of the year as operational costs continued to rise. However, imp...
Pacasmayo cement volumes rise 3.5% in first six months
Peruvian producer Cementos Pacasmayo reported a 3.5 per cent increase in cement sales volumes for the first six months of the year, exceeding the national average of 0.84 per c...
Paraguay: INC to increase output by 25% by March 2015
Following the upgrade of its cement mill at Villeta, Paraguay's Industria national de Cemento (INC) expects to increase its production by 25 per cent from March 2015, according...
Jaiprakash considers restructuring operations
Jaiprakash Associates plans to consolidate its entire cement manufacturing operations under one company that it will eventually list on the stock exchanges, according to local ...
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