Breedon completes acquisition of Humberside Aggregates
Breedon, the UK’s largest independent construction materials group, announced that it has today completed the acquisition of Humberside Aggregates Ltd (Humberside) for a total ...
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Holcim supplies Mexico City airport
Holcim Mexico begun the operation of an on-site production facility to supply premixed concrete for the foundation of the passenger terminal of Mexico City’s new international ...
Collaboration with Ecotec Solution fuels Italian expansion for UNTHA
Industrial shredder manufacturer UNTHA has witnessed significant growth in Italy following a collaboration with one of the country’s leading environmental technology specialist...
Joan Molins Amat new Cementos Molins President
Spain-based Cementos Molins has appointed Joan Molins Amat as its new President following the passing of Casimiro Molins Ribot on 25 June. Joan Molins Amat was formerly Firs...
Dangote Cement's 1H17 revenues rise by 41%
Dangote Cement has released its 1H17 results, announcing group revenues of NGN412.7bn (US$1.31bn), up 41.2 per cent, and an EBITDA of NGN203.7bn, up 53.7 per cent. In Nigeria...
Cemex Philippines reports drop in net income
Cemex Philippines saw its net income fall by 69 per cent in the 2Q17 to PHP136.5m (US$270m) from PHP436.1 in the same period of 2016 as demand softened and cement prices eased....
HeidelbergCement Bangladesh records profit fall in 1H17
In the second quarter of 2017, HeidelbergCement Bangladesh saw sales fall to BDT2.791bn (US$34.6m) from BDT3.114bn in 2Q16. Warehousing, distribution and selling expenses fe...
Colombia sees grey cement sales slip
Colombia’s cement sales slipped 1.3 per cent YoY to 0.984Mt in June 2017 when compared with the previous year, according to the country’s statistics office, DANE. Ready-mi...
India Cement’s net profit slips as demonetisation and GST hit
The latent effect of India’s demonetisation, a halt in cement sales ahead of the newly-introduced Goods and Services Tax (GST) roll-out and a severe shortage of river sand in T...
CRH plc establishes a euro commercial paper programme
CRH plc has announced it has established a euro commercial paper (ECP) programme, under which its wholly-owned subsidiaries CRH Finance DAC and CRH France (UK) plc may issue fr...
Oficemen names Jesús Ortiz as new president
Oficemen, the Spanish cement association, has appointed Jesús Ortiz as its new president. Mr Ortiz is currently CEO of HeidelbergCement in Spain. With a degree in Economics ...
LafargeHolcim revises its full-year global market forecasts
LafargeHolcim reported improved sales and operating EBITDA adjusted for the second quarter of 2017 on a like-for-like (LFL) basis but has revised down forecasts for growth in i...
Titan 1H17 turnover reached €773.8m up 6.9%
Τitan Group's 1Q17 results saw consolidated turnover was EUR773.8m (US$905.4m), posting a 6.9 per cent increase compared to the 1H16. EBITDA increased by 18.9 per cent, reachin...
Roanoke Cement honoured by Energy Star
Roanoke Cement Company's (RCC) Troutville plant has been honoured by Energy Star for its major energy reductions over the years, which now amount to 11 straight certifications....
Vietnam's Ministry of planning calls for export tax cut
Vietnam's Ministry of Planning and Investment has proposed export tax cuts on cement, while local producers struggle with high stockpiles, claims Viet Nam news. In a recent rep...
Caribbean Cement doubles quarterly profits
The Caribbean Cement Company (CCC) more than doubled its quarterly profits during the April-June quarter 2017, reports the Gleaner. Net profit grew to US$606m after tax, over t...
Bosnia’s TCK sees 1H net profit edge up
Bosnian cement producer Tvornica Cementa Kakanj (TCK) reported a modest rise in 1H net profit to BAM7.2m (US$4.3m) from BAM7.1m a year earlier. The company’s operating reven...
Holcim Philippines to invest US$54m in the next 2 years
Holcim Philippines Inc plans to invest US$54m over the next two years to increase its capacity to 12Mta to support the government’s flagship infrastructure projects. The com...
Boral bids for 24h mill at Geelong
Australian cement producer Boral has applied to the Australian Environmental Protection Authority to run a 24h grinding mill in Geelong’s north. The new facility at the prop...
SCG revises down full-year outlook
Siam Cement Group's (SCG) has revised down its sales growth outlook for 2017 as net profits in cement and building materials fell by 29 per cent YoY in the 2Q17. Speaking to ...
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