Italia's third-quarter earnings before interest, tax, depreciation and amortization were 166.3 million euros, up from 166.1 million euros in the same period last year. Operating income was 1,067.3 million euros, up 0.7% from 1,059.4 million euros in the same period last year. The increase in profit was mainly due to a non-recurring gain of € 0.8 million. The decline of exchange rate has become the main factor restricting the growth of performance.

2014-11-10

Holcim and Lafarge said on October 28 that they had formally notified the European Commission of their merger plans, which would create the world's largest cement group.

2014-11-07

Suez Cement, Egypt's largest listed cement company, reported on November 2 that its net profit after tax in the third quarter was 7.3 million US dollars, up 40.5% year-on-year, thanks to the control of production costs. However, the problem of energy shortage is still serious.

2014-11-06

The total output of cement in 2014 has reached 1 million tons, while the annual output of cement in 2013 was only 385,000 tons, which is the highest record of cement production in Tajikistan since the 1980s.

2014-11-06

According to the latest statistics from DANE, Colombia's national statistics department, the production and sales of grey cement in Colombia have increased significantly.

2014-10-31

On October 25, China Building Material Engineering and Giti Group signed a general contract for Indonesia's 6000-ton clinker cement production line project in Singapore, laying a solid foundation for China Building Material Engineering to further expand the high-end cement engineering technology service market in Southeast Asia.

2014-10-30

It is reported that the Philippines sold more than 16 million tons in the first three quarters of 2014, up 7.7%. Among them, cement sales in the third quarter reached 5.4 million tons, up 11.9% from 4.8 million tons in the same period last year. Growth in the third quarter of 2014 was up from 3.2% in the second quarter.

2014-10-30

Asia Cement is considering an acquisition of South Korea's Ssangyong Cement. Asia Cement is in talks to buy a 46.8% stake in Ssangyong Cement, which has a market value of $762 million, according to investment bankers.

2014-10-29

Recently, the weather has turned cold obviously, and there are fewer newly started projects. The overall demand has begun to fall, and cement prices in Gansu, Ningxia and Qinghai have declined. In order to reverse the regional loss-making operation in Shaanxi, Conch and Jidong in Baoji raised cement prices by 20-30 yuan/ton on the 24th, and local prices began to rise. Since October, the quotations of major enterprises in Xinjiang have basically stabilized.

2014-10-28

At 10:18 a.m. on October 22, local time in Iraq, the EPC project of Iraq GRD 5300t/d clinker cement production line contracted by Suzhou Sinoma was officially ignited and put into operation. Feng Youyuan, Deputy Chief Engineer and Minister of Overseas Department of the company, representatives of Iraq Branch and project departments, and representatives of owners and shareholders attended the ignition ceremony.

2014-10-24

India's Aditya Birla Group has started bidding for assets to be sold by LafargeHolcim for the merger. Among them, UltraTech and other subsidiaries are bidding for Lafarge and Holcim's $1.4 billion cement companies in Brazil and the Philippines. As early as three years ago, Aditya Birla Group defined Brazil as an important base for expansion. The Philippines is also one of the overseas countries where the group started its business a few years ago.

2014-10-24

On October 17, Tianjin Cement Industry Design and Research Institute Co., Ltd. and Malaysian HUME CEMENT SDN. BHD. Signed the HUME Phase II general contract in Kuala Lumpur.

2014-10-23

Lafarge and Holcim began marking assets in the Indian region for divestiture to comply with the requirements of the Competition Commission of India for merger clearance.

2014-10-22

On October 10, Premier Li Keqiang and German Chancellor Angela Merkel co-chaired the third round of Sino-German government consultations. The two governments jointly issued the Action Plan for Sino-German Cooperation, which proposed that the Ministry of Industry and Information Technology of China, the Ministry of Science and Technology of China, the Federal Ministry of Economics and Energy of Germany and the Federal Ministry of Education and Research of Germany should organize a industry 4.0 dialogue.

2014-10-15

As a scheme of the New Silk Road, the high-speed rail from Moscow to Beijing is more than 7000 kilometers long, passing through Russia, Kazakhstan and China.

2014-10-14

Despite Lafarge's strategic importance in the South African cement market and Holcim's stake in South African cement producer Afrisam, the Competition Commission recently agreed to Lafarge-Holcim's proposed merger in South Africa on the condition that Holcim relinquish its stake in Afrisam and unwind its holding within three years of the Commission's approval of the merger.

2014-10-11

At about 9:50 a.m. local time in Vietnam on October 1, the rotary kiln of the 5,000-ton cement production line project in Tonglin, Vietnam, which was constructed by Tianjin Cement Industry Design and Research Institute Co., Ltd., was successfully ignited as a gift to the 65th anniversary of the motherland.

2014-10-10

It is reported that Senegal Bute Cement Plant, invested by Dangote Industrial Group of Nigeria, will be put into operation by the end of the year, with an investment of US $700 million and an annual output of cement from 1.5 million tons to 15 million tons.

2014-10-10

Turkey SONMEZ 5000t/d clinker production line was ignited at 12:58 on September 6, and was put into operation at 16:28 on September 13. At present, 4000 tons of clinker have been produced, indicating that all process links of the project from raw material and fuel transportation to clinker warehousing system have been completed.

2014-10-09

In the early stage, enterprises in Shanghai have been intending to raise the price of high-standard cement, which has not been realized due to insufficient market demand and external cement constraints. Since the 26th, affected by the sharp increase in cement and clinker from large factories in southern Jiangsu, northern Zhejiang and Wanjiang, the price of high-standard cement in Shanghai has generally risen.

2014-09-28