Karen Moses to join the Board of Boral Ltd
Dr Brian Clark, chairman elect of Boral, yesterday announced that Karen Moses has been appointed as a non-executive Director of Boral Limited, effective 1 March 2016. Ms Mose...
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CHI: impact of industry M&A activity on recruitment process and candidate market
Chad Harrison International (CHI), the global permanent solution specialist and executive search consultancy provider for the building materials, cement, aggregate, and indus...
Vicat advances well in the USA but France, Italy and Africa weaken
Vicat's turnover for the first nine months of the year improved by 1.9 per cent to EUR1883m, which represents an underlying decline of 5.3 per cent. The gearing level was reduc...
US: Summit Materials reports 3Q rise in volume and prices across all lines of business
Summit Materials net revenue increased 22.4 per cent to US$426.3m in the third quarter of 2015, compared to US$348.1m in the same period a year earlier. The increase in net rev...
Argentina’s monthly cement consumption 2.5% ahead
The Argentina cement market saw increased sales in October 2015, up 2.5 per cent YoY from 1,100,852t to 1,127,869t, according to AFCP, the country's cement association. Export ...
JK Cements reports 58% fall in 2Q net profit
India-based JK Cements reported a 58 per cent fall in consolidated second-quarter net profit to US$2.09m. However, its total standalone income rose by five per cent to US$13...
Moody's: West China Cement's ratings unaffected by Yaowangshan acquisition
Moody's Investors Service says that West China Cement Ltd's (WCC) acquisition of Tongchuan Yaowangshan Ecological Cement Co Ltd (unrated) will not affect WCC's Ba3 corporate fa...
Martin Marietta Materials expects aggregates prices to improve by some 8%
Martin Marietta Materials, with a full year’s contribution from Texas Industries (TXI) increased turnover by 28.2 per cent to US$2695m in the first nine months of the calendar ...
Philippine third-quarter cement sales surge
Philippine cement sales surged 18.6 per cent in the third quarter from a year ago, according to the latest data from the Cement Manufacturers Association of the Philippines (Ce...
Cemex completes Austrian & Hungarian disposals
Cemex announced yesterday that it has closed the sale of operations in Austria and Hungary to the Rohrdorfer Group for approximately EUR160.1m. The transaction was originally a...
Egypt: SCG reports 18% drop in 3Q revenue
Suez Cement Group of Companies (SCGC) reported an 18 per cent decrease in revenues for the third quarter of the year versus the same period in 2014 and 12 per cent for the fir...
Vietnam 10-month sales edge ahead
Vietnam sold 58.66Mt of cement and clinker in the first 10 months of this year, rising one per cent from a year earlier and fulfilling 80 per cent of the whole-year target, the...
Pakistan: Fauji Cement first-quarter earnings rise
Fauji Cement Co Ltd (FCCL) announced corporate earnings for the quarter ended 30 September where the company posted profits of PKR1.102bn (US$10.5m) against PKR601.96m a year a...
PCA announces organisational changes in DC office, USA
The Portland Cement Association (PCA) has announced the addition of Rachel Derby to its Washington, DC staff. Derby will serve as vice president of government affairs, focussin...
Lafarge Mahaweli Cement celebrates four consecutive years of zero LTI
Sri-Lanka based Lafarge Mahaweli Cement celebrated four consecutive years of zero lost time injuries (LTI) with a special event for employees. The company attributed this victo...
Lucky Cement plans Punjab plant
Lucky Cement posted a net profit of PKR2.968bn (US$28.2m) during the first quarter ended 30 September 2015, 11.2 per cent higher than the same period of last year. Revenue d...
West China Cement to acquire Shaanxi-based producer
West China Cement said it agreed to acquire the entire equity interest of Tongchuan Yaowangshan Ecological Cement Co Ltd as well as shareholder's loan at CNY767m (US$121m). ...
ASEC to sell ASEC Minya Cement, ASEC Ready Mix
Qalaa Holdings announced yesterday that its business unit ASEC Cement has signed a sale and purchase agreement for the sale of its holdings in subsidiaries ASEC Minya Cement an...
Shree Cement commissions Uttar Pradesh grinding plant
Shree Cement has commissioned a grinding plant at Bulandshahr in Uttar Pradesh on 30 October 2015, the company said in a statement to the Bombay Stock Exchange. The new facilit...
Vietnam output reaches 54.8Mt in first 10 months
Vietnam is estimated to have produced 54.8Mt of cement in the first 10 months of this year, up 10.4 per cent from a year ago, the government-run General Statistics Office said....
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