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Indian producers line up for LafargeHolcim's Sri Lankan operationsA shortlist of potential buyers in the sale of LafargeHolcim's Sri Lankan operations have been named as Dalmia Bharat, Shree Cements along with Ramco after an initial round of screening. The globa...News - 10 June 2016 |
Pakistan: producers eye northern construction growthThis week saw further evidence of resurgent growth in Pakistan’s cement industry as dispatches rose 10.6 per cent YoY. With the All Pakistan Cement Manufacturers Association (APCMA) relating that ...News - 10 June 2016 |
Nigeria: producers hit by falling prices now face naira devaluationThe devaluation of the naira – agreed in principle by the Central Bank of Nigeria in May – will hit Nigerian producers’ revenues, Bernstein warns. The decision to revalue marks a reversal of cours...News - 09 June 2016 |
Romania: sales and profits increaseFor the year 2015 three major cement producers in Romania saw an increase in both sales and profits. Holcim Romania increased its sales by 15 per cent in 2015, achieving a turnover of EUR253m (...News - 07 June 2016 |
USA: new plant manager for Ash Grove MidlothianMichael A Gonzales is the new Ash Grove Cement Company Midlothian plant manager, according to Stuart Tomlinson, vice president of manufacturing – Midwest, with Ash Grove Cement Company. Mr Gonzale...News - 07 June 2016 |
Malaysia: slow cement growth in 2016Malaysia is proving to be a challenging market for Lafarge where it is reported to have seen profits fall by 72 per cent in 1Q16 to US$5m. While this has resulted partly from production issues, it...News - 03 June 2016 |
India: Five bidders still in running for LafargeThe Financial Express reports that Lafarge India has reduced the number of bidders vying to acquire its assets to a shortlist of five: Cemex, Anhui Conch Cement, JSW Cement, Piramal Enterprises an...News - 01 June 2016 |
Holcim Indonesia to expand exports as domestic competition tightensLafargeHolcim subsidiary, PT Holcim Indonesia, plans to boost exports to Australia, Sri Lanka and Bangladesh this year amid unstable domestic demand, reports The Jakarta Post. After the acquisiti...News - 30 May 2016 |
Romania: CRH Ciment sees profits rise 40% in 2015The Romanian subsidiary of CRH, CRH Ciment, has released performance figures for 2015, reports Romania Insider. CRH Ciment saw turnover reach EUR189m (US$211m) in 2015, up 23 per cent YoY. Prof...News - 27 May 2016 |
Malaysia: Lafarge takes 1Q16 hit on net profitsLafarge Malaysia Bhd is optimistic about its prospects this year despite having had a challenging 1Q16. The company's net profit fell nearly 72 per cent to US$5m in the first quarter of this year...News - 26 May 2016 |