Cemex first quarter sales fall 8% in 1Q13
Cemex' first quarter turnover declined by 5.3 per cent to US$3318.6m, while the EBITDA came off by 8.1 per cent to US$521.1m. Volumes were ahead in the USA and in the Philippin...
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New 1Mta Tajikistan plant to be commissioned in 2H13
A new 1Mta cement plant is expected to be commissioned in the second half of this year in southern Tajikistan. According to the Ministry of Energy and Industries (MoEI) Secr...
GCC posts quarterly first quarter net loss, Mexico
Mexican cement producer Grupo Cementos de Chihuahua (GCC) posted a net loss of MXN98.6m (US$8.1m) in 1Q13 down from MXN109m in the same period of last year. Unfavourable win...
Sinoma International wins new contract in Iraq
Sinoma International Engineering Co Ltd's Nanjing subsidiary signed an EPC contract with Iraq-based Faruk Investment Group Co Ltd to build a 5300tpd cement clinker production l...
South Cement to issue CNY1.5bn bills, China
South Cement has said it plans to issue CNY1.5bn (US$243m) in short-term bills with a maturity of 365 days in the interbank market on 2 May 2013 to repay bank loans and repleni...
InterCement sells 52 per cent in Portuguese C+PA to Votorantim
Brazilian producer InterCement has sold a 52 per cent stake in Portuguese cement and building materials maker C+PA to Votorantim. Portuguese construction group Teixeira Duart...
Cemex Latin American Holdings has a weaker first quarter
Cemex Latin American Holdings reported a 2.5 per cent decline in first quarter turnover to US$383.3m, but the EBITDA did improve by 8.1 per cent to US$140.7m. The increase a...
Vietnam production rises 4.6%, Jan-Apr 2013
Cement production in Vietnam is estimated to have reached 17.9Mt of cement in the first four months of this year, up 4.6 per cent from a year earlier, the General Statistics Of...
Lafarge sells Ukraine cement plant to CRH
Lafarge is to sell its cement activities in Ukraine to CRH plc for an enterprise value of EUR96m. Lafarge, through its subsidiary Mykolaivtsement, operates a 1.3Mta integrat...
Secil Lobito outlines plans for new plant, Angola
Secil Lobito plans to invest US$187m in a new cement plant in in Lobito, Angola, the company's chief executive has said. Augusto Manuel Miragaia, CEO of Secil Lobito, told lo...
Pakistan cement industry hit by rise in transportation cost
Pakistan cement manufacturers are to set to be hit by a rise in transportation costs following hikes in coal and raw material carrier charges by the All Pakistan Goods Transpor...
Vicat advances in Asia and Americas
Vicat's first quarter turnover was ahead by 1.2 per cent to EUR491m, which represents an underlying improvement of 2.7 per cent. Cement turnover was up by 1.8 per cent to EUR...
China’s cement sector seeks to accelerate sustainability initiatives
The 2013 China International Cement Conference got underway at the Hotel Nikko New Century in Beijing today, welcoming over 300 senior delegates from the country’s large cement...
Dangote Cement net profit boosted by increased capacity
Dangote Cement Plc, Nigeria’s largest cement producer said full-year profit gained 24 per cent attributed to increased capacity improving sales. Net income for the year thro...
Loesche wins Holcim Ecuador VRM contract
Loesche will deliver one LM 56.4 vertical roller mill for cement raw material grinding to Holcim Ecuador's cement plant Guayaquil. The order with Loesche was placed by general ...
Siam Cement Group to lift capacity by 4.5Mta in two years
Siam Cement Group plans to spend US$1.5bn to expand cement production capacity in Southeast Asia by 4.5Mta over the next two years. President and chief executive of Siam Cem...
Saudi Cement to rehabilitate two kiln lines, Saudi Arabia
Saudi Cement Company’s board of directors has announced that the cement producer is to rehabilitate and re-operate Kilns 4 & 5 in Hofuf factory with a total designed capacity o...
Steppe Cement’s full-year profit rises on increased sales and prices
Kazakhstan-based cement producer Steppe Cement Ltd on Wednesday confirmed that pretax profit more than doubled in the year ended 2012 thanks to sales that were up by almost 10 ...
Mustehkam Cement and Bestway Cement to merge, Pakistan
Two Pakistan-based cement producers, Mustehkam Cement and Bestway Cement, have informed the Karachi Stock Exchange (KSE) of their intention to merge and operate as a single com...
Siam Cement first quarter net profit rises 47% YoY, Thailand
Siam Cement reported a 47 per cent is first quarter net profit, mainly due to advances in its cement and petrochemical business. The Thai conglomerate posted a net profit of ...
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