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Cement news highlights: 25 – 29 May

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World Cement,

Growth and development

  • In the 12 months to March 2015, domestic dispatches of grey cement improved by 8.6% y/y in Colombia.
  • Estimates released by Eurostat suggest that seasonally adjusted production in construction increased by 0.8% in the euro area in March 2015 and by 1.5% in the EU28, when compared with February 2015.
  • Cementos Argos has reported increases in sales volumes, revenue and EBITDA for the quarter to 31 March.
  • 2014 Corporate Sustainability Report outlines Holcim’s ‘Sustainable Development Ambition 2030’ and the progress made to date.
  • India’s JK Cement has announced plans to raise long-term funds of up to Rs.300 crore through securities and/or debt instruments.
  • Corporate news and CSR initiatives

  • Eight new Indian companies have joined the globalCOAL online coal trading community, including Emirati Union Cement Company’s subsidiary Unicem Trading Company.
  • At the recent AGM in Lagos, Lafarge Africa shareholders approved a dividend of 360 kobo per ordinary share, a 9% increase from the 2013 dividend.
  • During National Volunteer Month, close to 300 employees from Lafarge North America, took part in a variety of voluntary activities, from highway cleanup to support for local food banks.
  • Lafarge and Holcim have entered into a binding agreement with CRH plc for the sale of certain key assets for an enterprise value of €6.5 billion.
  • UK construction sector

  • BOHS has launched a new initiative called Breathe Freely in partnership with the Health and Safety Executive, Constructing Better Health, Land Securities and Mace.
  • Over 50 major construction business leaders join together to explain how cutting carbon emissions from buildings will lead to major economic opportunities and help reduce the ongoing deficit.
  • This week’s not to be missed stories …

  • A four-part interview with the Portland Cement Association’s new Chairman, John Stull, and President/CEO, James Toscas, of the Portland Cement Association
  • The 24th AFCM Technical Symposium and Exhibition took place in Hanoi, Vietnam, on 21 – 24 April 2015, bringing together leading players in the regional and international cement industry.
Written by Harleigh Hobbs

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