Catalonia output declines, Jan-March 2013
Cement output in Catalonia stood at 474,832t for January-March 2013, down 42.7 per cent on the year, data from the local cement makers' association Ciment Catala showed. Accord...
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Spanish monthly consumption down 40% YoY
Cement consumption in Spain continues descending with demand in March 2013 down 40 per cent YoY, according to the latest data released by domestic cement association Oficemen. ...
Sri Lanka Cement Corp plans to reopen Kankesanthurai Cement Factory
Sri Lanka Cement Corporation is moving towards reopening of the Kankesanthurai Cement Factory which was damaged during the civil war. The state-owned Sri Lanka Cement Corpor...
Votorantim Cimentos files for US$5.4bn IPO
Brazil’s leading cement producer, Votorantim Cimentos SA, filed on Wednesday with the Securities and Exchange Commission (SEC) to raise up to US$5.4bn in an initial public offe...
Ecuador first-quarter cement sales rise 10.5% YoY
Domestic cement sales on the Ecuadorian market in the first quarter of 2013 rose by 10.5 per cent YoY while March sales almost reached the half-a-million-tonne mark. Dispatc...
Euro area construction output down by 0.8%
Construction output in the euro area declined for the fourth consecutive month in February, the latest data from Eurostat shows. Construction in the euro zone decreased 0.8 ...
Argos share offering open for 15 days, Colombia
Colombia's largest cement maker, Cementos Argos, has opened for offers 250m preferred shares, a bookbuilding process to end on 8 May 2013 to raise between (US$1.05bn-US$1.27bn...
Jaiprakash in new attempt to sell Gujarat assets, India
Jaiprakash Associates is reportedly planning to sell its Gujarat-based cement units within a few weeks in an effort to reduce debt. According to reports by the Business Stand...
Attock Cement quarterly profit higher on increased prices, Pakistan
Pakistan-based producer Attock Cement reported a 40 per cent rise in profit during the January-March 2013 quarter, driven by higher prices. Profit rose to PKR520m (US$5.3m) d...
Cementos Argos to issue shares to finance expansion, Colombia
Colombia’s largest cement producer Cementos Argos plans to issue up to 250m preferred shares to finance an expansion plan, the company said on Tuesday. Argos has set a range o...
Ciments Francais names Jean-Paul Meric chairman, France
French cement producer Ciments Francais has promoted deputy director general Jean-Paul Meric to chairman, replacing Yves-Rene Nanot. Mr Nanot has been nominated honorary c...
Saudi orders cement imports to meet shortages
King Abdullah of Saudi Arabia has ordered 10Mt of cement to be imported into the kingdom to meet cement shortages and the construction of more cement plants over the medium-ter...
VAS Template successfully implemented at Lafarge Emirates Cement
Fritz & Macziol has reached another important milestone in the rollout of the logistics system VAS with the final acceptance at the Lafarge Emirates cement plant, UAE. The laun...
Brazilian first-quarter cement sales decline
Cement sales in Brazil reached 16.1Mt in the first quarter of 2013, a decline of 1.9 per cent from the same period of last year, latest data from local association SNIC shows. ...
Pakistan FDI increases substantially
Pakistan's cement industry received US$6.3m in foreign direct investment (FDI) between the July 2012-March 2013 period, the country's Central Bank reported on 16 April. The am...
Vicem sales rise 19.2% in first three months of year
Vietnam’s leading cement producer Vietnam Cement Industry Corp (Vicem) reported a 19.2 per cent YoY rise as domestic shipments increased but exports declined. The state-run c...
Tangshan Jidong Cement net profit drops 88.19%, China
Tangshan Jidong Cement net profit drops 88.19 per cent, China Co Ltd net profit slumped 88.19 per cent, the company said in a statement. Operating revenue slid 7.09 per cent Y...
CRH names five representatives to Cementos Lemona board, Spain
CRH has named five representatives to the board of directors of Spanish cement producer Cementos Lemona. In February, CRH acquired Cementos Lemona in exchange for its 26.4 per...
Saudi Cement net profit rises on improved efficiency
Saudi Cement Company said net profit in the first quarter of 2013 rose 4.5 per cent YoY, attributed to an increase in output thanks to improved operating efficiency. Net pro...
Argentina sees strong monthly rise in shipments
Argentine cement factories shipped 938,872t in March 2013 (including exports), representing an 11.9 per cent increase compared to February, latest data from local cement ass...
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