Lafarge Malaysia holds off on price hike
Lafarge Malaysia Cement has no immediate plans to increase cement prices, despite a hike in electricity tariffs this year its president and CEO, Bradley Mulroney, said. The c...
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Lucky Cement 1HFY14 net profit rises 20%
Pakistan market leader Lucky Cement reported a 20 per cent rise in net profit for the first half of FY14 boosted by in part by higher prices. Net profit for the six months to...
Fritz & Macziol supplies CIMAT's Moroccan plants with VAS logistics solution
Fritz & Macziol has supplied Ciments de l’Atlas (CIMAT) with its VAS® IT-Logistic solution, to continuously automate the processes at the company’s Moroccan cement plants. Th...
Hazemag wins large Indonesian crushing plant contract
Hazemag & EPR has received a large crushing plant contract from Sinoma International Engineering for installation at PT Cemindo Gemilang’s new 10,000tpd plant on the island of ...
Lafarge Republic Norzagaray mill scheduled for mid-2015 completion
Lafarge Republic’s Inc's (LRI) new cement mill at its Norzagaray cement works is expected to be operational by June 2015. The new mill will have a capacity of 850,000tpa and w...
Cockburn reduces Munster workforce, Australia
Cockburn Cement has cut 44 jobs at its Munster cement plant in Australia and indicated that another 20 further jobs could go over the next 18 months as it restructures its oper...
Holcim's full-year volumes down, net income rises on Leadership Journey initiatives
Holcim reported saw volumes decline in its cement, aggregates and ready-mix concrete segments in 2013, but operating EBITDA margin and net income increased due to the implement...
HeidelbergCement signs new credit facility
HeidelbergCement has signed a new EUR3bn syndicated credit facility with a term of five years to refinance the existing credit facility which would have expired in December 201...
Holcim to propose Wolfgang Reitzle to take over as chairman
Holcim's board of directors will propose to the annual general meeting on 29 April 2014 the election of Wolfgang Reitzle as the company's new chairman, to succeed Rolf Soiron. ...
Ambuja to resume mining operations in Himachal Pradesh, India
Ambuja Cements is set to resume mining operations in Himachal Pradesh after the High Court granted a stay on the Ministry of Environment and Forest’s (MoEF) suspension order wh...
Sumitomo Osaka eyes 20% rise in operating profit on Olympic boost
Sumitomo Osaka Cement expects to generate consolidated operating profit of JPY25bn (US$241.57m) by fiscal 2016 by benefitting from increased construction demand for projects re...
TPCC plans new marketing strategy to lift market share
Tanzania Portland Cement Company (TPCC) plans to review its marketing strategies to improve distribution and sales of its products as it aims to recover lost market share. Fo...
India Cements approves scheme of amalgamation
India Cement has informed the Bombay Stock Exchange that its board of directors has approved a scheme of amalgamation of its subsidiaries Trinetra Cement (TCL) and Trishul Conc...
CRH expects 2014 profit growth
Irish building materials major CRH said 2013 represented a trough in its profits and expects growth in 2014 encouraged by improving trends in the USA and signs of stabilisation...
Argos: positive developments across the board
Argos, closed 2013 with a strong rise in EBITDA on the back of positive contributions from all its regional divisions. Other highlights for the year were the inclusion of Argos...
EAPCC to tap Tanzanian market
East African Portland Cement Co (EAPCC) plans to enter the Tanzanian market, senior management has revealed. "We are looking at Northern Tanzania and have already identified ...
Maple Leaf Cement first-half revenues rise
Maple Leaf Cement announced profit after tax of PKR1.48bn (US$14m) in the first half of FY14, representing a 10 per cent YoY rise on the same period of the previous year. Reve...
Semen Indonesia net income rises 11% YoY
Net income at Semen Indonesia rose 11 per cent in 2013 to IDR5.37trn (US$462m) from a year earlier as the company boosts sales through expansion and strengthens its market posi...
Pakistan export volumes and revenues fall in 7MFY14
Pakistan’s export volumes fell 7.5 per cent YoY in the first seven months of the current Pakistan fiscal, while revenues were also down 13 per cent over the same period. Dur...
Peru: January sales slip 3%
Cement shipments in Peru reached 824,137.39t in January, according to the country’s cement assocation Asocem. This represents a YoY decrease of 3.1 per cent. In January, Peru...
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