Cement News tagged under: international
Australia: Boral swings to profit11 February 2015, Published under Cement NewsBoral Ltd today reported a 23 per cent increase in profit after tax (before significant items) to $112m in the six months to the end of December 2014. After significant items, net profit was $104.5m, compared to a loss of $26.3m in the first half of the 2014 financial year. But turnover for the six months to the end of December declined by 20.5 per cent to AUD22285m (€1561m), largely reflecting the transfer of the plasterboard business to joint venture status. EBITDA was off by 5.5 per ce... |
Martin Marietta Materials boosted by Texas Industries11 February 2015, Published under Cement NewsMartin Marietta Materials, including Texas Industries from mid-2014, saw turnover increase by 34.2 per cent in 2014 to US$2958m and the EBITDA of US$631.2m was 59.9 per cent higher than the figure shown a year ago. The trading profit rose by 44.4 per cent to US$314.9m while the net attributable profit it improved by 12.8 per cent to US$155.6m. Aggregates Martin Marietta's aggregates production rose by 15,3 per cent in 2014 to 134.31Mt (148.0543Mst) while the original business showed a ... |
Cemex may sell parts of business to pay down debt11 February 2015, Published under Cement NewsCemex could sell part of its business in northern Europe, the Mediterranean and Asia as it seeks to pay down debt, the company’s CEO told Reuters on Tuesday. Fernando Gonzalez said the firm could also sell 5-10 per cent of its subsidiary Cemex Latam Holdings, and set aside half of its earnings from asset sales to lower its debt burden. In addition to streamlining the asset portfolio and cutting debt and costs, the measures are aimed at stepping up efforts to recover its ratings in 2015. Th... |
ACC resumes Chaibasa mining operations, India11 February 2015, Published under Cement NewsACC has resumed limestone mining operations at the captive mines of its Chaibasa cement plant in Jharkhand in eastern India, the company informed the exchanges. The Holcim group company had suspended mining activities temporarily in October at its plants in Chaibasa in Jharkhand and Bargarh in Odisha follwing a Supreme Court order. However, ACC resumed its operations after the government promulgated the mines and minerals (development and regulation) ordinance 2015 last month. |
Argentina: January domestic sales up 2% YoY10 February 2015, Published under Cement NewsThe Argentine cement market expanded by four per cent MoM and 1.9 per cent YoY as domestic sales reached 927,510t in January 2015, according to the latest figures released by AFCP, the country’s cement association. Imports increased from 163t to 227t. However, exports in January fell by 21.9 per cent when compared with January 2014 to 16,705t and by 27 per cent in comparison with December 2014. |
Ciment Catalá: Catalan cement demand up 5% in 201510 February 2015, Published under Cement NewsThe Catalan cement association, Ciment Català, forecast Catalan cement consumption to rise by five per cent, the first increase after seven years of continuous falls. Ciment Català’s president, Angel Cercós, said 2014 would prove to be another “bad year” for the sector as consumption is estimated to have fallen “between nine and 10 per cent” with demand barely reaching 1.31Mt – far below the 8Mt seen in the boom year of 2007. However, he said that he “had the impression that we have tou... |
Polish monthly sales rise10 February 2015, Published under Cement NewsPolish cement sales rose by 15.4 per cent YoY in January 2015 to 638,500t, according to the country’s cement association, Stowarzyszenie Producentów Cementu (SPC). Production during the first month of the year, however, declined by 0.1 per cent to 520,000t, the data shows. Last year, domestic production increased by 6.8 per cent YoY to 15.4Mt, with sales during the period rising by 6.6 per cent. |
Mangalam Cement gets grinding go-ahead10 February 2015, Published under Cement NewsMangalam Cement’s board of directors have approved the construction of a new grinding plant in the northern Indian state of Uttar Pradesh. The company informed the Bombay Stock Exchange that at a meeting on 9 February 2015, the board gave the green light to a 0.5Mta facility to be set up in Aligarh. |
10th Cemtech MEA opens in Dubai09 February 2015, Published under Cement NewsCemtech Middle East & Africa 2015 opened at the Grand Hyatt Dubai, UAE, today with over 270 participants for a two-day conference covering the worldwide cement industry and manufacturing technology. The 10th Cemtech Middle East & Africa conference opens before an international audience of 270 cement sector professionals Opening the meeting, Thomas Armstrong, managing editor of International Cement Review, provided an overview of the main themes facing the cement sector, part... |
Italcementi saw weaker French and Italian volumes in 201409 February 2015, Published under Cement NewsItalcementi's turnover declined by 1.8 per cent in 2014 to EUR4155.6m, or by 0.7 per cent on a comparable basis. Group cement shipments edged ahead by 0.6 per cent to 43.4Mt and the turnover from cement and clinker was ahead by 1.0 per cent to EUR2742.9m, with cement volumes improving everywhere but in Europe. The concrete and aggregates turnover declined by 6.9 per cent to EUR1162.5m as shipments of aggregates declined by 5.6 per cent to 30.8m tonnes and ready-mixed concrete deliveries ... |