PPC will strengthen its hand with AfriSam merger
The focus of a potential merger in South Africa between two major cement producers caught the eye this week. PPC and AfriSam already have a significant stake in the country’s c...
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Cembureau welcomes European Parliament's approach to EU-ETS policymaking
Cembureau has reponded to this week's vote in Strasbourg by the European Parliament, welcoming its decision not to deliberately discriminate between sectors and to apply a fact...
Boral's Australian cement turnover declines
Boral's turnover for the six months to the end of December declined by 4.6 per cent to AUD2093m (EUR1497m), largely reflecting the transfer of US Bricks to joint venture status...
Mixed 1HFY17 results for Pakistani cement producers
The latest series of business results of Pakistani cement producers show a mixed performance during the first half of the 2017 financial year. DG Khan Cement Company DG K...
India: NTPC seeks partnership for new plant
NTPC Ltd, India’s largest energy conglomerate, plans to expand its business interests into the cement industry, with a view to manufacture cement using fly ash from its power s...
Eurocement signs LoI for Uzbek cement plant
Russia’s Eurocement and Uzbekistan’s Uzqurilishmateriallari have signed a letter of intent (LoI) to build a cement plant in Uzbekistan. The new 2.4Mta works is expected to r...
Nigeria: fuel shortages hit cement output
Shortages of oil and natural gas have caused cement producers in Nigeria to cut output, with some plants having to close temporarily, reports the Vanguard newspaper. The dec...
India: Prism results point to mild demonetisation impact
Prism Cement has released its trading statement for the three months to December 2016, revealing that cement sales volumes have only been slightly harmed by the impact of demon...
United States: Maine representatives call for vigilance over McInnis plant
Congressional representatives for the state of Maine have written to US Trade Representative, Maria Pagan, calling on her to ensure that cement imports from McInnis’s new Port-...
Qatar: QNCC invites BoD applications
The Board of Directors of Qatar National Cement Company (QNCC) is welcoming applications from its shareholders to apply for nomination of the Board of Directors as representati...
USA: Martin Marietta 4Q16 and full-year results
For the 4Q16 Martin Marietta achieved net sales of US$889m compared with US$780.8m in the 4Q15. EBITDA was US$229.7m compared with US$204.4m in 4Q15. For the full year, net s...
Saudi Arabian cement sales down 16% in January
Domestic cement deliveries in Saudi Arabia in January 2017 were 15.9 per cent lower than in the same month the previous year, according to statistics released by Yamama Cement....
South Korea: Hyundai Cement sale bids
Six contenders have submitted a bid for Hyundai Cement Company. Ssangyong Cement Industrial Co, Halla Cement Corp, IMM Private Equity, LK Investment Partners, Hyundai Sungwoo H...
UAE: Sharjah Cement sees 20% fall in 4Q profits
Sharjah Cement and Industrial Development Co reported a 20 per cent YoY decrease in profits for 4Q16. Profits declined from AED24.52m (US$6.68m) in 4Q15 to AED1958m in 4Q16. ...
Peru: Cementos Pacasmayo sees 13% drop in sales in 4Q16
Peru's Cementos Pacasmayo saw its cement, concrete and blocks sales decline by 12.7 per cent YoY in 4Q16. However, there was extraordinary spending associated with El Niño prev...
Ukraine: Ukrzaliznytsia proposal to Ukrcement in light of corruption claims
According to Ukrzaliznytsia board member, Marek Zalesny, Ukrzaliznytsia has applied the automated wagon distribution system to cement carriers and invites the Ukrcement associa...
David P Steiner newest Vulcan board member
Vulcan Materials Co elected David P Steiner to its board of directors with immediate effect. Last November, Mr Steiner resigned as CEO of Waste Management. He currently serv...
PT Semen Indonesia president confident Rembang plant will receive permit
PT Semen Indonesia's President Director, Rizkan Chandra, is confident that Central Java Governor Ganjar Pranowo will issue an environmental permit for the construction of the c...
USA: Ecocem's Vallejo mill project hits City Hall opposition
A US local authority has formally opposed Ecocem’s plans for a EUR45m mill project in Vallejo. Orcem Americas, a subsidiary of Irish cement firm Ecocem, wants to construct a gr...
HeidelbergCement releases 4Q16 and 2016 results
HeidelbergCement saw its cement volumes rise by 50 per cent YoY to 30.8Mt from 20.5Mt in the 4Q16, according to a company statement. Aggregates sales volumes recorded an inc...
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