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Holcim and Lafarge receive EC approval for CRH as buyer of divestment assets

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of several assets of Hol...

Cemex improves first-quarter trading profit

Cemex' first-quarter turnover declined by 5.3 per cent to US$3399.87m, but EBITDA did improve by 6.3 per cent to US$...

Cemex Latin American Holdings held back by weaker cement sales in Colombia

Cemex Latin American Holdings' turnover declined by 16.3 per cent in first quarter of the year to US$353.8m and EBIT...

Bestway acquires Lafarge Pakistan unit

Bestway Cem­­­ent Ltd, a subsidiary of Bestway Group, has taken management control of Lafarge Cement's plant locate...

Lucky Cement posts double-digit rise in 9M net profit, Pakistan

Lucky Cement recorded net profit for the nine months ending 31 March 2015 of PKR9.30bn (US$91.5m), up 13.7 per cent ...

Jaiprakash Associates to seek shareholders' approval for divestments to UltraTech

Jaiprakash Associates Ltd will next month seek approval from its shareholders and creditors for the proposed sale o...

Construction output down by 1.8% in euro area

Seasonally-adjusted production in the construction sector fell in February 2015 fell by 1.8 per cent in the euro are...

Cemex first company in UK to trial new Mercedes-Benz Econic tipper

Cemex is the first company in the UK to operate and trial the new Econic tipper, designed by Mercedes-Benz to provid...

Pakistan export volumes and revenues down over first nine months

Pakistan cement exports in the first nine months of the current fiscal fell 6.75 per cent YoY to 6Mt. Export revenue...

TPCC to have own gas plant, Tanzania

Tanzania Portland Cement Company Limited (TPCC) plans to have gas plant are expected to be realised this year to red...