Greece opposition party meets with Heracles employees
The general secretary of Greece’s Opposition Communist Party of Greece (KKE), Aleka Papariga, has met with representatives of the Heracles Cement plant at the party's headquart...
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South Africa sales rise by 3% in 2012
South African cement sales edged ahead 2.9 per cent in 2012 to reach 11.6Mt from 11.23Mt the year before, data from the Cement and Concrete Institute (C&CI) shows. For the f...
Caribbean Cement workers protest over concerns on domestic declines
Union members of the Caribbean Cement Company Ltd (CCCL) have staged a demonstration amid concerns on continued declines in the domestic cement market. The one-hour protest ...
Vicem Hoang Mai Cement posts first-quarter loss
Vicem Hoang Mai Cement JSC (HOM) has posted a first quarter loss of VND10bn (US$476,100) attributed to increased costs. The company closed 2012 with a net profit of VND112.7...
Ube Industries prepares for further growth in domestic demand, Japan
Japanese cement producer Ube Industries is to develop a limestone mine in Yamaguchi Prefecture to prepare for further expected increases in cement demand. This will be the c...
Al Abbas Cement announces name change, Pakistan
Pakistan-based producer Al Abbas Cement has officially changed its name to Power Cement, the company informed the Karachi Stock Exchange yesterday. The company operates a ce...
UltraTech Cement production at 4Mt in March
UltraTech Cement said that the company’s total production for March 2013 was 4Mt. Dispatches were 4.01Mt, the company said in a filing to the Bombay Stock Exchange. India’s ...
Akmenes Cementas reports encouraging start to 2013, Lithuania
Lithuania’s sole cement producer Akmenes Cementas reported a 13 per cent rise in revenues for the first two months of 2013 to LTL15.2m (EUR4.4m) Sales volumes rose by 16 per...
Vietnam first-quarter cement sales rise 15% YoY
Vietnam cement producers have reported a 15 per cent YoY rise in sales in the first quarter of 2013 to 7.55Mt, the Ministry of Construction (MoC) has reported. The double-di...
Votorantim Cimentos sees gains in Brazil, USA
Votorantim Cimentos’ turnover was nine per cent higher at BRL9800m (US$4.85bn) in 2012 and the EBITDA improved by around 11 per cent to BRL3200m. In Brazil, both volumes an...
Cemex UK wins Gold Status for fleet system
From over 1900 companies, Cemex UK is one of 10 companies to achieve Gold Status in the Fleet Operators Recognition Scheme (FORS) run by Transport for London (TFL). Cemex ha...
Conch Group to issue short-term bills, China
The Anhui Conch Group said it plans to issue CNY1.5bn (US$241m) in unsecured bills with a maturity of 365 days on the inter-bank market next week. The company said in a stat...
Valderrivas names new President and CEO
The Board of Directors of Cementos Portland Valderrivas has agreed to appoint José Luis Sáenz de Miera as Chairman and CEO. Sáenz de Miera replaces Juan Bejar, who was recently...
Colombia’s cement demand down 2.7% in February
Cement consumption in Colombia slipped 2.7 per cent YoY to 823,700t in February, according to Dane, the country’s national statistics bureau. Retail dispatches fell 5.7 per ...
New Nepalese factory begins production
Araniko Cement Industries has started production from its new plant in Jitpur, Bara, Narayani Zone of Nepal, as the cement industry gears up for further infrastructure and hous...
Seacem sells entire stake in Lafarge Republic, Philippines
Southeast Asia Cement Holdings Inc (Seacem) has sold its entire stake in listed affiliate Lafarge Republic Inc worth PHP11.32bn (US$227.9m). The stake has been sold as part of ...
Dongwu Cement's net profit slumps, China
Dongwu Cement International Ltd saw its net profit slump 98.81 per cent YoY to CNY1.04m (US$ 167,722) . Operating revenue, meanwhile, dropped 30.8 per cent YoY to CNY321m in 20...
Lafarge North America sells Wichita, Kansas, assets to Summit Materials
Lafarge North America is selling its Wichita aggregates, concrete and asphalt/paving operations to Summit Materials. The Lafarge-Summit agreement involves Lafarge’s three agg...
Indian cement price hikes fail to hold in March
Cement price hikes initiated during February in the Indian market have failed to stick during March as demand remains subdued across the country. The Economic Times reports ...
Buzzi Unicem net profit down on declines in Central Europe, Italy
Buzzi Unicem said on Thursday it posted an attributable net loss of EUR28.5m in 2012 compared with a profit of EUR27m in 2011, due to declines in Central Europe and a major slo...
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