Lucky Cement records 20% increase in 1H14 profit
Pakistan’s Lucky Cement saw a 20% y/y increase in net profit in 1H14, which stood at Rs.5.16 billion compared to Rs.4.29 billion in 1H13.
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Pakistan’s Lucky Cement saw a 20% y/y increase in net profit in 1H14, which stood at Rs.5.16 billion compared to Rs.4.29 billion in 1H13.
Paraguay’s INTN has renewed Industria Nacional de Cemento’s certification according to model 5 ISO; while the country's construction industry warns of a skills shortage within the sector.
India Cements Ltd’s Board of Directors has approved a merger with Trinetra Cement Ltd and Trishul Concrete Products, both of which it holds a stake in through its subsidiaries.
The Portland Cement Association (PCA) has applauded the US government’s decision to invest US$302 billion in the country’s Highway Trust Fund.
The South African cement producer will sponsor the Fulton Awards 2015, organised by the Concrete Society of Southern Africa and described as the ‘Oscars’ of the country’s concrete industry.
The lull in Australia’s construction sector continued in 4Q13, according to the latest figures released by the Australian Bureau of Statistics (ABS).
Fritz & Macziol has supplied Moroccan cement producer Ciments de l’Atlas (CIMAT) with its IT-Logistic solution, VAS.
Total cement sales volumes contracted in 2013 and 4Q13 for Holcim, although net income and operating profit improved.
Malaysian construction company Cahya Mata Sarawak Berhad (CMSB) witnessed an increase in 4Q13 profit due to higher earnings from its cement division.
HeidelbergCement has signed a new €3 billion syndicated credit facility with a term of five years to refinance the existing credit facility which would have expired in December 2015.
“We believe that 2013 represents the trough in our profits and that 2014 will be a year of profit growth,” said Chief Executive Albert Manifold.
The North American lime producer, Graymont, installed two Primasonics acoustic cleaners at its Superior plant in Wisconsin, reducing clean up time and increasing employee safety.