Weekly Cement News Wrap: 03 August 2018

InterCement plans IPO for European and African assets

InterCement expects to list its European and African cement operations next year in move it expects to raise €1.5 billion.

LafargeHolcim reports revenue growth in 2Q18

LafargeHolcim has reported revenue growth of 6.2% in 2Q18, although higher costs weighed on earnings.

Orient Cement to expand Adilabad cement plant

Orient Cement – a CK Birla Group company – is planning to more than double capacity at its Adilabad cement plant in Telangana, India.

Industrial Solutions hit by cement project cost increases

Higher costs related to the construction of a cement plant in Saudi Arabia are among the challenges that will see thyssenkrupp Industrial Solutions report negative EBIT in its coming quarterly results.

Cement Sustainability Initiative to transfer to GCCA

The Cement Sustainability Initiative will be moving from its WBCSD home to join the Global Cement and Concrete Association in London in January 2019.

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Read the article online at: https://www.worldcement.com/special-reports/03082018/weekly-cement-news-wrap-03-august-2018/