Saudi sees monthly sales decline
Saudi cement sales declined by three per cent to 4.59Mt in February 2014, compared to 4.74Mt in the same month of last year, local media have reported. Out of the 14 cement co...
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Lafarge reportedly attracting bids for Pakistan unit
Lafarge is reportedly attracting bids for its Pakistan unit, with the country's leading producer, Lucky Cement, said to be among companies competing for the assets. Potential...
Sonadih plant wins Safety, Health and Environment award, India
Lafarge India's Sonadih cement plant has been awarded the Safety, Health and Environment' (SHE) Award under the large-scale industry category by the Confederation of Indian Ind...
Quebec cement industry urges government to ensure new plant adheres to regulations
Drawing attention to potential risks to the lobster fishery industry in Gaspesie, the Cement Association of Canada (CAC) today urged the Minister of Fisheries and Oceans, the H...
Vicat: full-year turnover eases
Turnover at Vicat eased by 0.3 per cent in 2013 to EUR2286m and EBITDA came off by 2.4 per cent to EUR427m, while at unchanged parameters they would have risen by 2.9 per cent ...
KHD supplies Lafarge Ravena and Exshaw projects
KHD Humboldt Wedag International AG’s US-based office, Humboldt Wedag Inc, is executing two orders with Lafarge North America Inc and Lafarge Canada Inc (Lafarge) for engineeri...
Energy shortage behind Egypt cement price spike
Energy shortages are behind the recent spike in Egyptian cement prices as reduced gas supplies lowers output, a statement by Egypt’s cabinet has said. Daily News Egypt reporte...
TCMB elects new chairman
Mehmet Göçmen has been elected chairman of the Turkish Cement Manufacturers Association (TÇMB) by board members at the 56th General Assembly meeting last month. Mr Göçmen is cu...
Jaypee reportedly in talks to sell Panipat grinding unit
Holcim, via its ACC arm, is in preliminary acquire the Jaypee Group’s grinding unit in Panipat, Haryana state, two sources familiar with the situation told the Economic Times o...
Italcementi eyes Myanmar investment
Italian cement major Italcementi is studying the possibility of entering the Myanmar market in the the next few years, its chief executive has said in a recent interview. Spea...
Vulcan Materials Florida asset sale complete
Vulcan Materials Co has concluded the sale of its cement and concrete businesses in the Florida area to Cementos Argos SA for US$720m in cash. Under a separate supply agreement...
China Resources net profit increases 43.6% in 2013
China Resources Cement Holdings Ltd earned a net profit of CNY3.34bn (US$544m) in 2013, a YoY increase of 43.6 per cent, the company announced on Friday. Meanwhile, operating...
Chettinad Cement in acquisition talks - report
Chettinad Cement is to acquire Anjani Portland Cement, according to local press reports. Citing sources familiar with the situation, Business Line India reported that the deal...
Hilal net profit edges ahead, Kuwait
Kuwaiti cement producer Hilal Cement net profit reached KWD518,500 (US$1.8m) for 2013, up 3.6 per cent from KWD500,500 a year earlier, the company said in a bourse filing. The...
Eastern Province full-year profit declines, Saudi Arabia
Eastern Province Cement Company (EPC) booked a SAR309m (US$82.4m) net profit for 2013, down from SAR387m a year ago, a decrease of 20.2 per cent YoY. The company attributed t...
Reliance begins serving the Uttar Pradesh market
Reliance Cement has expanded its footprint in the Indian market by launching its products into Uttar Pradesh. Commenting on the developments, Arvind Pathak, CEO Reliance Cemen...
Italcementi: 2013 turnover declines 5.4%
Italcementi's 2013 turnover declined by 5.4 per cent to EUR4,235.4m while the underlying EBITDA way off by just 1.9 per cent to EUR631.0m. The depreciation charge declined b...
Argos increases cement price in Honduras
Argos Honduras will increase the price of its cement as of Tuesday, 11 March after it received government authorisation to raise prices by HNL8/bag. A 42.5kg bag of Piedra Azu...
Bamburi: operating profit plunges 24% YoY, Kenya
Bamburi Cement’s 2013 turnover declined by 3.6 per cent to KES33.9bn while operating profit fell 24 per cent amid an increasingly competitive market. Commenting on the compa...
Semen Indonesia inaugurates Banjarmasin packing plant
Semen Indonesia has inaugurated a new cement packing plant in Banjarmasin, South Kalimantan, taking the company’s total number of packing facilities to 23. The plant is estim...
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