Senegal cement sales up 0.7% in 5M15
Demand for cement in Senegal edged up 0.7 per cent YoY to 1,432,100t in January-May 2015, according to national Planning and Economic Study Directorate. Production in the fir...
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Pakistan: Bestway Cement inaugurates two WHR power plants
Bestway Cement Ltd has announced the inauguration of 6MW and 7.5MW waste heat recovery (WHR) power plants at Hattar and Farooqia, district Haripur, respectively, in Pakistan's ...
Trinidad Cement secures US$240m bridging facility
Trinidad Cement (TCL) has signed a US$240m bridging facility made up of two parts, according to Trade Finance. TCL said the loans are required to repay existing debts. The cem...
China: Asia Cement gives 1H net profits warning
Asia Cement said it expects to record a substantially lower net profit for the six months ended 30 June 2015 as compared with the same period in 2014. The decrease in net profi...
Production of building materials in Uzbekistan increased by 11.3%
According to the State Statistics Committee of the Republic of Uzbekistan, the construction materials industry produced goods worth UZS2.1098trn (US$427m) in January-June perio...
Peru: Cementos Pacasmayo expands consolidated EBITDA margin
Peruvian producer Cementos Pacasmayo's consolidated EBITDA increased 8.4 per cent to PEN178.5m (US$59m) in the first half of this year from PEN169.7m in 1H14, achieving a margi...
Pioneer Cement to install WHR plant, Pakistan
Pioneer Cement Ltd plans to install a 12MW waste heat recovery plant at its factory located at Chenki Village, District Khushab in the Punjab province of Pakistan. During the ...
UAE: Union Cement Co 1H profit declines 8%
Union Cement Co (UCC) reported an eight per cent decline in its profits for the first six months of 2015 to AED54.7m (US$14.89m), compared to AED59.4m (US$16.16m) in H1-14, the...
South Korea: local producers to face price probe?
South Korea's Fair Trade Commission (FTC) has initiated another investigation into whether domestic cement producers colluded to raise cement prices. According to industry sou...
HeidelbergCement clarifies reports on Lafarge's Indian assets
Following local press reports, HeidelbergCement has said it is not buying Lafarge’s assets in eastern India. The Bombay Stock Exchange had sought clarification from Heidelbe...
Mexico: cement price up 8%
In the year to date, the price of cement in Mexico has increased by just over eight per cent. This follows a price rise of nine per cent in 2014, said Juan Francisco Sanchez Kr...
Cemex 2Q like-for-like net sales up 5%
Cemex announced yesterday that consolidated net sales reached US$3.8bn during the second quarter of 2015, representing a decline of eight per cent YoY, or an increase of five p...
Caribbean Cement Co swings to first-half profit, Jamaica
Caribbean Cement Co Ltd (CCCL) reported a consolidated profit of JMD869.3m (US$7.42m) for the first six months of 2015, compared to a loss of JMD53.2m in the corresponding peri...
Costa Rica is the strongest performer in Cemex Latin American Holdings
Cemex Latin American Holdings' first-half turnover declined by 13.4 per cent to US$747.6m, while the EBITDA came off by 16.6 per cent to US$283.1m. At the trading level ther...
Peru: Unacem 1H15 net profit up 23%
Peru-based producer Unacem reported a 23 per cent rise in its net profit for the first half of 2015 to PEN151m (US$47.4m) largely attributed to cost controls. Lower operatio...
Russia: BaselCement output up 4% YoY
BaselCement produced just over 1Mt of cement and clinker in the first half of 2015, up four per cent YoY, according to the statement. "Significant growth in production was a...
PCA applauds House action to support coal ash recycling
By a bipartisan vote of 258 to 166, the US House of Representatives today passed legislation that will promote continued recycling of coal ash, a move which the Portland Cement...
Tangshan Jidong Cement Co to issue CNY1bn 366-day bills
Tangshan Jidong Cement Co, based in Tangshan, Hebei Province, has announced that it will issue CNY1bn (US$161m) unsecured short term bills with a maturity of 366 days on the in...
China Shanshui shareholders mull takeover bid
China Shanshui Cement Group Ltd said two of its largest shareholders are considering a takeover bid, Bloomberg reports. Asia Cement Corp of Taiwan and China National Building ...
AI takes ownership of Lafarge Cement assets
Aggregate Industries, part of the LafargeHolcim group, is the newest entrant to the cement production market in the UK, having taken ownership of the Cauldon and Cookstown ceme...
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