China: Huaxin first-half profit plunges 82%
Huaxin Cement reported 1H15 net profit of CNY89m, down 82 per cent YoY, in line with the company’s guidance at the end of July indicating a drop of 80-85 per cent. The Holci...
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AdBri sees strong rise in half-year profit
Adelaide Brighton Ltd reported net profit after tax for the half year ended 30 June 2015 of AUD82.6m, an increase of 61.3 per cent compared to the previous corresponding period...
FLSmidth wins order for CataMax(TM) catalytic solution filter in the US
FLSmidth has secured an order for engineering, supply, and installation of the new CataMax TM catalytic solution for a US cement producer. The order includes a new filter inst...
JSW Group resumes plans for Bengal plant, India
The JSW Group has proposed to build a 2.5Mta slag-based cement plant in Salboni, Bengal. Should everything proceed as planned, the Mumbai-based conglomerate may start the proje...
Petron Engineering Construction receives order from Shree Cement, India
Petron Engineering Construction has received work order from Shree Cement in Bewar, Rajasthan, India. The order includes civil construction work, reinforcement and steel work...
Cemex included in Fortune’s Change the World list
Cemex announced it has been included in Fortune’s Change the World list, a ranking that recognises 50 companies worldwide that have made a sizable impact on major global social...
PT Semen Tonasa operations unaffected by fire, Indonesia
PT Semen Tonasa cement plant remains in normal operation despite damage causd by a fire on Wednesday to one of its facilities at the Unit IV plant, South Sulawesi, the Jakarta ...
S&P upgrades TCL, removes from CreditWatch
Standard & Poor's (S&P) Ratings Services raised its corporate credit rating on Trinidad Cement Ltd Group (TCL) to 'B-' from 'CCC', and removed it from CreditWatch with positive...
Cimerwa inaugurates expansion project
Rwanda prime minister Anastase Murekez on Tuesday inaugurated Cimerwa’s new dry-process line which boosts capacity at the plant from 0.1Mta to 0.6Mta. The Rwanda cement produ...
Messebo studies option for new grinding plant, Ethiopia
Ethiopia-based Messebo Cement Factory Plc has hired state-owned consultant Industrial Projects Service (IPS) to conduct an assessment of the Addis Ababa market with a view to o...
HeidelbergCement 'most exposed' as Kazakh tenge falls
After Kazakhstan scrapped the trading band for its currency and moved to a free-floating exchange rate, the Kazakh Tenge dropped 23 per cent today. Among the European Build...
Egypt: South Valley signs contract with Sinoma CDI
Egypt-based South Valley Cement Company (SVCE) has signed a contract with Chinese firm Sinoma CDI, to carry out a new grinding line, vice chairman Hussien Shbakshy said Wednesd...
Five Holcim (US) plants receive EPA's Energy Star®
Holcim (US) Inc, a member of LafargeHolcim, announced that five of its plants earned the US Environmental Protection Agency's (EPA) ENERGY STAR®. "We are pleased that the EPA ...
Cimpor's 1H cement sales rise, but volumes drop
Cimpor's first-half turnover increased a 4.8 per cent to EUR1302.8m, while EBITDA declined by 3.3 per cent to EUR279.2m. The amortisation and provision increased by 10.1 per ce...
Sumitomo Osaka Cement reports strong quarterly rise
Japan's Sumitomo Osaka Cement Co Ltd reported a 26.8 per cent YoY rise in operating profit to JPY4.43bn (US$35.7m) over the April-June quarter. Sales during the period climb...
GCC sees higher volumes and bettter pricing
Grupo Cementos de Chihuahua (GCC) reported a 19 per cent rise YoY in second-quarter net sales to MXP3051m (US$186m) on the back of higher volumes and a better pricing environme...
Chinese company signs MoU for Pakistan plant
A memorandum of understanding (MoU) has been signed between the Punjab government and Chinese cement company Yantai Baoqiao Jinhong for the establishment of a cement plant, acc...
US first-half shipment update - preliminary data
Shipments of Portland and blended cement in the US and Puerto Rico over the first half of 2015 totalled around 40.78Mt, preliminary data from the US Geological Survey shows. Of...
Fletcher Building to sell Rocla Quarry Products business to Hanson
Fletcher Building Ltd has entered into a conditional agreement to sell the operations of Rocla Quarry Products (RQP) to Hanson Construction Materials in a transaction valued at...
Tarmac leads responsible sourcing excellence
Tarmac has announced that its Cement and Lime business has been awarded an ‘Excellent’ rating under BES 6001. Tarmac’s UK business has held a BES 6001 rating of ‘Very Good’ a...
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