Yen Bai Cement nine month loss, Vietnam
Yen Bai Cement and Minerals JSC said it made a loss of VND15.44bn (US$742,300) in the first nine months of this year, compared to a loss of VND8.63bn in the same period of last...
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Huaxin Cement to see restricted shares become tradable
China-based cement producer Huaxin Cement Co Ltd said on 8 November that 77.01 million of its restricted shares will become tradable on the market on November 14th.
Lafarge 9M12 sales increase, reduces Western Europe outlook
Lafarge reported a sales rise for the third quarter and year-to-date, driven by successful price increases across product lines and by growth in many emerging markets. The comp...
Cemex: US far from fully recovering
Cemex has said that it is pleased with the way its US business is progressing but that it is still far from fully recovering. Speaking to Reuters, Maher Al-Haffar, Cemex's v...
Buzzi Unicem's turnover edges ahead and profit advances
Buzzi Unicem's turnover for the first nine months was up by 1.7 per cent to €2,146.3m and the EBITDA increased by 11.7 per cent to €368.7m. The trading profit rose by 29.6 per...
Cementos Portland posts EUR83m loss for Jan-Sep 2012
Cementos Portland of Spain has posted a loss of EUR83m for the first nine months of 2012, almost 10-times the loss posted in the same period of last year, local press have repo...
Deutsche Bank sees modest China earnings recovery in 2013
Deutsche Bank has turned more positive on China's average selling pricing recovery in the next 12 months. For 2013, it expects a revival of property starts and captive supply ...
SCG's cement division posts 29% revenue rise in 3Q12, Thailand
Siam Cement Group's cement business posted a 29 per cent increase in revenue to THB17.7bn (US$577.6m) in the third quarter of 2012, attributable to a higher domestic sales volu...
Serbian Holcim appoints new CEO
Holcim Serbia has appointed Romanian national Claudiu Soare as its new CEO, Holcim said in a statement. Soare takes over the position from Gustavo Navarro. Soare has been a me...
Saudi Cement elects board of directors
Saudi Cement Company has elected a board of directors with a three-year term ending December 2015, the Saudi Arabian cement producer said in a bourse filing. The newly appoin...
HeidelbergCement increases revenue and operating income
German cement major HeidelbergCement has reported increases revenue and operating income in for the third quarter 2012 driven by cost savings and price increases and announced ...
Italcementi 9M12 sales hit by Western Europe, competition in Africa
Leading Italian cement producer Italcementi posted a significant drop in nine month net profit as sales were hit by its Western European markets and higher competition in Afric...
Siam Cement plans to expand Vietnam operations
Thailand’s Siam Cement Group (SCG) will invest US$2m to expand its Vietnam operations next year with a total capacity of 100,000tpa. Pramote Techasupatkul, President of SCG Ce...
Cementir's ready-mixed concrete volumes weaken
Cementir's turnover for the first nine months of the year was up by 4.9 per cent to €730.9m. EBITDA, which weakened by 11.9 per cent in the third quarter, was ahead by a modest...
Dangote Cement sees 22% rise in 2012 pretax profit, Nigeria
Nigeria-based cement producer Dangote Cement said it expects pretax profit to reach NGN143bn (US$910m) for full year 2012 on strong demand, a rise of 22 per cent compared to th...
Cimentos de Moçambique to invest in storage and bagging facilities
Cimentos de Moçambique, part of the Cimpor group, plans to invest in a new silo and bagging facility at its Nacala-Porto plant in Nampula province, according to local press rep...
Sumitomo Osaka Cement to increase use of biomass, Japan
Japan’s third largest cement producer by volume Sumitomo Osaka Cement Co plans to reduce its reliance on coal by using increased amounts of biomass, Senior Corporate Executive ...
RHI increases earnings again in the third quarter of 2012
Revenues of refractories specialist RHI Group increased by 7% in the third quarter of 2012 in comparison to the same quarter of 2011 and amounted to €459.9m. While revenues i...
Emerging markets, North America drive Holcim performance
Holcim reported a rise in cement deliveries for the first nine months of 2012 supported by pricing improvements. Emerging markets continue to support growth together with stron...
Cemex prices Latam IPO, Colombia
Cemex announced it has priced shares of its Latin American unit Cemex Latam Holdings SA at COP12,250 (US$6.75) each in an offering from which it expects to receive about US$1.1...
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