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Buzzi Unicem, the Italian building materials manufacturer, posted a €120.50 million net profit in 2014 from a €43.2 million loss posted in 2013.

Revenues fell 0.1% to €2.51 billion, while EBITDA grew 4.8% to €423 million and by 10.2% at current exchange rates on a like-for-like basis.

The company's net debt dropped by €34.5 million to € 1.06 billion, while Buzzi Unicem's parent company registered a €36.6 million net loss from a €119.6 million loss posted in the previous year.

Finnish construction and infrastructure group Lemminkäinen has agreed on amending the terms of its €185 million revolving credit facility and extending the maturity by one year.

The credit facility will mature on 27 March, 2017, and is currently completely undrawn.

Nordea Bank Finland, Danske Bank, and Pohjola Bank are reported to be involved in the credit facility.

Buzzi Unicem reported growth slowing in the second half of its finanancial year 2014, with demand weakening in Europe and Asia, but the US remained largely positive.
Earnings were up 4.8% to €423 million (+10.2% on a like-for-like basis). In 2014, Buzzi Unicem sold 25.1 million tonnes of cement and 12 million m³ of ready-mix concrete.
Consolidated net sales were down 0.1% to €2,506.4 million. On a like-for-like basis, net sales would have increased by 3.4%. Foreign exchange rates negatively impacted for

Holcim has sold its entire remaining shareholding of 27.5% in Siam City Cement (Public) Company (SCCC) in Thailand via a private placement in capital markets. For the sale of its entire remaining stake, Holcim will receive a total consideration of approximately CHF 655 million (approximately €626 million), which will result in a gain before taxes of approximately CHF 365 million (€349 million). Of the 27.5%, 24.9% was acquired by a member of the Jardine Matheson Group, a Hong-Kong-based conglomerate, while

In the full year to 31 December 2014, revenues of Nigerian-based Dangote Cement increased to NGN 391.63bn (€1.81 billion/US$1.97 billion) from NGN 386.17bn in the past year. The company's pre-tax profit, on the other hand, dropped 3.2% to NGN 184.68 billion and sales volume dropped 3.2% to 12.87 million tonnes in Nigeria. Dangote Cement is also expecting capital expenditure to slow from NGN 217.20 billion in 2014 to NGN 191 billion in 2015.

Heidelberg Cement’s 2014 consolidated financial statements show that the group’s revenue rose by 4% to €12.6 billion (like-for-like/+8%); operating income improved by 5% to €1.6 billion (like-for-like/+13%) and operating cash flow increased by €313 million to around €1.5 billion. Profit for the financial year reached €687 million (previous year €933 million, of which €420million was from non-recurring effects), a “considerable improvement in results before non-recurring effects.”Net debt at €6.9 billion do

According to the sale representative of Conch South Kalimantan Cement (Conch), Ihan M Palla, the Chinese cement producer plans to produce 10 million tonnes of cement/year in Indonesia. It is developing five cement producing facilities in the country. The plant in Tanung Tabalong started production in January, 2015 while three plants are being developed in Merak, Banten; Manokwari, West Papua, and Maros, south Sulawesi. The location of the fifth project has yet to be disclosed. The plant in Tanjung Tabalong

Chinese cement and clinker producer Hongshi Holding Group will be launching CNY 500 million (€76.18 million/US$79.85 million) unsecured super short-term bills due in 180 days for general corporate purposes and bank debt repayment. The company has named the Agricultural Bank of China to be the joint underwriter, while Shanghai Pudong Development Bank will be the book-runner and lead underwriter. The coupon rate is yet to be confirmed. Trading of the bills will be available on 19 March 2015 at face value on t

Kercim, a French company specialising in cement production and created in late 2012, has been bought Irish company Cement Roaston Holdings, which employs 76,000 people. The takeover value remains undisclosed, and will be effective at the end of June 2015. In 2013, the company's founder and shareholder Jean-Marc Demange died, and the initial shareholders sold their stake to Lafarge on 1 July, 2014, although the products were still marketed under the Kercim name. The planned merger of Lafarge and Holcim oblig