In the second quarter of 2017, LafargeHolcim delivered the fifth consecutive quarter of like-for-like Operating EBITDA Adjusted growth. The Middle East Africa, Latin America and North America regions all contributed to earnings momentum with the U.S., Nigeria and Mexico among notable performers. Despite positive results in India – which continued its recovery post-demonetization – the Asia Pacific region was weighed…
Read MoreMonth: September 2017
Argos Cement Shipments Up 15 Percent in First Half of 2017
Cementos Argos, a subsidiary of Grupo Argos, closed the first half of 2017 with positive results and a good macroeconomic outlook in its most relevant markets. Cement shipment volumes reached 8 million tons, growing 15 percent and ready mix shipments were 5.4 million cubic meters, a decrease of 7 percent.
Read MoreItalcementi to Appeal Decision in Antitrust Investigation
Italcementi S.p.A., HeidelbergCement`s Italian subsidiary, received notice of a fine decision of the Italian Competition Authority in an antitrust investigation mainly relating to alleged market coordination in the Italian grey cement markets, including concerted price increases. The fine amounts to €84 million ($99.2 million).
Read MoreFLSmidth Helps Cielo Azul Enter Cement Market
FLSmidth has been awarded an order from Cielo Azul Cementos y Calizas S.A. for engineering, procurement and supply of a complete cement production line with the latest environmental pollution control systems and technology. The facility will be located near the city of Treinta y Tres, approximately 300 km from Montevideo, and marks the established ready mix concrete player’s entry into…
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