HeidelbergCement to acquire Italcementi
Eleven days after the completion of the acquisition of Lafarge by Holcim to form LafargeHolcim, HeidelbergCement has agreed to acquire Italcementi, with a combined cash and sha...
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LafargeHolcim 2H15 roadmap released
LafargeHolcim has announced its roadmap for the second half of 2015 as it releases half-year results for Lafarge SA as well as Holcim Ltd, the predecessor company of LafargeHol...
Lafarge EBITDA up EUR52m in 1H15
Lafarge's cement volumes for the second quarter of 2015 were down three per cent due to a fall in export sales as the two per cent volume rise in domestic markets could not ent...
Colombia cement market expands 10.2% in June
Colombia’s cement dispatches rose 10.2 per cent YoY in June to 1.0121Mt as building companies and contractors increased their demand by 25.8 per cent. Cement production reached...
Philippines: cement sales rise 11% in 1H15
Cement sales rose steeply in the first six months of the year behind robust construction activities in the country, the Cement Manufacturers Association of the Philippines (CeM...
Morocco: Cimar sees 10% net profit rise in 1H15
Ciments du Maroc (Cimar) reported a 7.6 per cent YoY rise in turnover to MAD1.93bn (US$197m) for the first half of 2015. The positive sales figures in Doukkala-Abda region, whi...
Nepal: IBN approves Chinese investment in cement plant
Investment Board Nepal (IBN) has approved a foreign direct investment (FDI) proposal worth NPR36bn (US$352m) made by Hongshi Holding Group of China. Hongshi Holding Group's ...
Tunisia: CMG receives government approval for 1.2Mta plant
Ciment de la Méditerranée Gafsa SA (CMG) has received the approval of the Ministry of Industry, Energy and Mines to construct a 1.2Mta greenfield plant. The works, with a clink...
USA: Essroc acquires slag cement grinding unit from Holcim
Essroc has signed an agreement to acquire the slag cement grinding facility located in Camden, New Jersey, US from Holcim (US). As part of the transaction, Essroc will also obt...
Ambuja cement 2Q15 profit declines 45%
Ambuja Cements Ltd reported a 45 per cent drop in net profit for the quarter ended June on account of a lower operating profit and a INR220m (US$3.4m) depreciation charge. Th...
India: UltraTech-Century merger talk heightens
UltraTech Cement Ltd and Century Textiles & Industries Ltd are in talks with their respective dealers to synchronise their cement distribution network, trade sources told Cogen...
Pakistan International Bulk Terminal issues 20% stake to IFC
The Pakistan International Bulk Terminal Limited (PIBTL) has issued 189.653m shares, or 20 per cent, stakes to the International Finance Corporation (IFC) at INR10 (US$0.09)/sh...
Vietnam Yen Binh Cement posts VND278bn revenue in 1H15
Yen Binh Cement JSC reported revenues of VND278bn (US$12.74m) in the first half of this year, thanks to its expanding markets. In the period, the firm sold 308,000t of cement...
Ireland: EPA to investigate Limerick dust emissions
As it cleared a blockage from its preheater, Irish Cement’s Limerick plant caused a dust emission that coated cars and houses. The dust release at around 4am on Saturday 25 Jul...
Yugcement re-elects Supervisory Board chairman Zelano
In an extraordinary meeting on 16 July the shareholders of Yugcement (formerly Olshansky cement plant, Mykolaiv region – part of the Dyckerhoff Group) re-elected Paola Zelano t...
India: pollution draws protesters onto streets in Khrew
Demanding an end to pollution from cement factories and illegal mining in the area, hundreds of residents of Khrew in Pulwama district protested and held a strike for a third c...
Tanzania: Twiga Cement holds seminar for block makers
Some 250 cement distributors and block makers recently participated in a training seminar in Dar es Salaam held by Tanzania Portland Cement Company Limited (TPCC) to improve e...
Indonesia: Holcim's Tuban II plant will raise exports
PT Holcim Indonesia Tbk is on course to open the new Tuban II plant at the end of 2015 with an investment of US$350m. The new plant will help the company to explore more market...
Peru cement market contracts 3% in June
Cement consumption in Peru fell by three per cent in June, according to the country’s cement producers’ association, Asocem. A rise in exports limited the decline in total ceme...
Tanzania needs government support to grow
The East Africa Cement Producers Association (EACPA) has stated that the cement industry is a major contributor to the Tanzanian economy contributing over TZS100bn (US$55.6m) t...
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