Dominican Republic: market expands, prices fall
National cement production in the Dominican Republic reached 5.18Mt, an increase of 3.2 per cent YoY, according to official statistics. This represents 75 per cent of the count...
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ASI hopes infrastructure development and housing will boost Feb sales
Following the positive start to 2016, the Indonesia Cement Association (ASI) hopes to see an increase in February cement sales on the back of the government’s 1m-unit housing p...
Quinn Cement signs agreement for new cement silos
Quinn Cement (NI) Ltd and Warrenpoint Harbour Authority (WHA) have signed contracts, which will see the construction five new cement silos at Warrenpoint Harbour, with a total ...
CMS cement division sees decline in pretax profit
Cahya Mata Sarawak Bhd (CMS) of Malaysia said group revenue rose seven per cent to MYR1.79bn (US$430m) in 2015 from MYR1.67bn a year earlier, mainly driven by the Construction ...
Dem Rep Congo: cement price falls 15% in Kinshasa
The price of a bag of grey cement in Kinshasa, Democratic Republic of Congo, has fallen from CDF12,500 (US$13.54) at the start of the year to CDF10,500 at the end of February, ...
Lafarge Malaysia sees stable 2015 pretax profit
Lafarge Malaysia Bhd reported a pretax profit of MYR345.157m (US$82.86m) for the financial year ended 31 December 2015 versus MYR345.183m a year earlier. Revenue rose to MYR2...
Spain: Cementos Molins 2015 profit up 65% YoY
Cementos Molins posted a consolidated net profit of EUR50.8m in 2015, representing a 65 per cent rise YoY. The Spanish cement producer’s overseas companies saw profits rise by ...
Sabanci net profit up 7.6% in 2015
Turkish conglomerate Sabanci Holding posted a net profit of TRL2.236bn (US$750m) in 2015, up 7.6 per cent from a year earlier, it said in a filing to the Istanbul stock exchang...
Estanda improves productivity at Mexico mill
Estanda has successfully completed the improvement of a raw cement mill for a cement plant in Mexico. The aim of the project commissioned to Estanda was to improve the product...
Vietnam output rises 15.8% in first two months
Vietnam produced 10.8Mt of cement in the first two months of this year, rising 15.8 per cent from a year earlier, the government-run General Statistics Office said. In Februar...
S&P: West China Cement stays on CreditWatch Positive
Standard & Poor's (S&P) Ratings Services said that it continues to keep the ratings on West China Cement on CreditWatch with positive implications while the company awaits regu...
US Concrete continues expansion in New York Metropolitan area
US Concrete, Inc announced yesterday that it has acquired the assets of Greco Brothers Concrete of LI, Inc (Greco), a ready-mixed concrete producer located in Brooklyn, NY. Gre...
UltraTech Cement signs binding MoU for Jaiprakash Associates cement units
India's UltraTech Cement Ltd said on Sunday it had entered a binding memorandum of understanding to acquire Jaiprakash Associates Ltd's cement plants for INR165bn (US$2.457bn)....
Approval granted for new Quang Nam plant, Vietnam
ThaiGroup JSC has received approval from the Peoples’ Committee of Quang Nam province in Vietnam's central region to develop the second cement plant in the area. The company p...
Israel: government notifies Nesher on price cut
The government of Israel has notified Nesher Cement Enterprises Ltd that it must cut prices due to lower-priced inputs, local press have reported. Following a drop in the pric...
Foundation stone laid for Emami Cement's grinding plant, India
The foundation stone for the Emami Cement's new grinding plant was laid by Chief Minister Mamata Banerjee in Panagarh, West Bengal, on Saturday. "The 2Mta capacity unit is to ...
Moody's downgrades Votorantim Cimentos' ratings to Ba2, outlook is negative
Moody's Investors Service downgraded Votorantim Cimentos SA's senior unsecured rated debt to Ba2 from Baa3. At the same time, Moody's withdrew Votorantim Cimentos' issuer ratin...
CMA consults on draft GB cement market data order and undertakings
The Competition and Markets Authority (CMA) is consulting on measures to restrict the disclosure and publication of Great Britain cement production and sales volume data. The ...
Cimpor books major loss in 2015
Cimpor's turnover declined by 4.3 per cent in 2015 to EUR2492.7m while EBITDA came off by 18.6 per cent to EUR525.7m. The trading profit emerged 30.2 per cent lower at EUR313.3...
Lehigh Southwest Cement Co places order for FLSmidth's latest wear solution
For its Tehachapi plant located in California, USA, Lehigh Southwest Cement Co has ordered an upgrade of its cement mill with a hydraulic roller press pre-grinder with FLSmidth...
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