Schon named PCA Vice President and Counsel, Government Affairs
Portland Cement Association (PCA) named Michael Schon as vice president and counsel for government affairs. With PCA, he will have lead responsibility for shepherding the assoc...
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Pakistan export pressures continue through FY14-15
Pakistan exported 7.682Mt and earned US$443.63m in FY14-15 (July 2014 - June 2015) compared to 8.81Mt at US$508.15m, according to data from the country's Bureau of Statistics....
Holcim Philippines net quarter down 7.5% YoY
Holcim Philippines Inc said Monday second-quarter net profit was down 7.5 per cent YoY, hurt by rising expenses. Holcim said the April-June quarter net profit declined to PHP...
Chinese demand seen improving - Citi
Cement demand in China is likely to improve sequentially in the coming six months with the speeding up of infrastructure construction and more policy support, says Citi. Ceme...
Fitch Ratings publishes Anhui Conch Cement’s Rating of 'A-'/Stable
Fitch Ratings has published Anhui Conch Cement Company Limited's (Conch) Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating of 'A-'. The Outlook...
Indocement plans to close three inefficient lines, Indonesia
Indocement Tunggal Prakarsaplans, part of the HeidelbergCement Group, plans to discontinue production activities of lines P1, P2, and P6 at its flagship Citeureup works, Indone...
China Resources 1H attributable profit falls 25.6%
China Resources Cement said its profit attributable to owners for the six months ended 30 June 2015 dropped 25.6 per cent YoY to HK$1530.2m. The basic earnings per share were ...
CMA welcomes recent sale of UK plants
The UK’s Competition and Markets Authority (CMA) has welcomed the sale of plants by Lafarge Tarmac and Hanson. In the Competition Commission’s (CC) market investigation report...
Footwear waste to be used as alternative fuel for Vietnam kiln
Work is underway to commission a Solid Recovered Fuel (SRF) manufacturing plant for Holcim Vietnam to process solid footwear production waste from the country’s main shoe facto...
Argentina: July cement demand climbs 12.6% YoY
The Argentinean cement market expanded by 1.3 per cent MoM and 12.6 per cent YoY in July 2015, according to domestic cement producers’ association, AFCP. The country’s cemen...
Bestway Cement signs MoU with NUST Institute of Civil Engineering, Pakistan
Bestway Cement signed an MoU with NUST Institute of Civil Engineering on 27 July to promote the research and development of cutting-edge, innovative construction materials and ...
Honduras: Goldlake invests US$230m in 1.2Mta plant
Italy’s mining company Goldlake will invest US$230m in a new cement plant via its local subsidiary Five Star Mining. The 1.2Mta works in the Agalteca valley will produce sulpha...
National Cement Co first half ahead 4.7%
National Cement Co (NCC) posted a net profit of AED70.2m (US$19.11m) in the first half of 2015, a rise of 4.7 per cent from AED67m (US$18.24m) in the corresponding period from ...
RAK Cement reports first-half profit drop
Ras Al Khaimah Cement reported a 22.3 per cent profit drop to AED2.45m ($667,000) in the first half of 2015, compared to AED3.15m (US$858,000) in the same period of 2014, accor...
CalPortland Co to buy Martin Marietta's California cement business
Taiheiyo Cement Corp announced Tuesday that its California subsidiary CalPortland Co (CPC) will buy Martin Marietta Materials Inc's cement business in California for US$420m. ...
CIMAF plans Guinea-Bissau investment
Morocco's Ciments de L’Afrique (CIMAF) will build a cement facility in Guinea-Bissau, the Prime Minister’s office of the West African company said Tuesday. Managing director ...
HeidelbergCement BB+ confirmed on Italcementi deal - Fitch
US ratings agency Fitch has confirmed the 'BB+' rating on German cement maker HeidelbergCement (HC), with outlook stable, following the company's announced purchase of Italian ...
Fives facilitates Suez Cement's fuel substitution strategy
In the framework of a firing conversion to coal and petcoke, Fives will deliver a new FCB TSV™ classifier to to Egypt-based producer Suez Cement Co for the modernisation of a v...
Asia Cement 1H profit plunges, China
Asia Cement (China) said its profit attributable to owners for the six months ended 30 June 2015 plunged 97.4 per cent YoY to CNY9.85m, attributable to the decrease in average ...
Bolivia: Fancesa launches tender for new works
Bolivia’s Fábrica Nacional de Cemento SA (Fancesa) has launched the international tender process for its new US$227m cement plant in Sucre. The 2Mta works is the latest step ...
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