Cement News tagged: Corporate
Holcim Shareholders Approve
Shareholders of Swiss cement company Holcim Ltd. Friday approved the firm’s capital increase and dividend payout, the company said. Holcim shareholders agreed to the capital increase of approxi
Cimpor increases first quarter cement volume by 3%
First quarter turnover at Cimpor rose by 4.3% to EUR321.4m, but the operating profit at the EBITDA level declined by 4.2% to EUR115.6m. After a similar percentage decline at the trading level, a shar
Reduced costs help Polpaico
Reduced operating, administrative and sales, and financial costs helped Chile’s Cemento Polpaico post a 4.77-peso (US$7.48m) consolidated net profit in the first quarter, up 28 per cent from 1Q0
Argentine Juan Minetti - small profit noted
Argentine cement maker Juan Minetti, owned by Holcim, and the second largest group after Loma Negra, posted a net profit of 28.75 mln Argentine pesos ($9.73m) for the first quarter of 2004, the compan
Barloworld’s profit soars
Barloworld, the listed international brand management company that yesterday reported a 77 percent jump in headline earnings a share, is poised to establish a foothold in the potentially lucrative Sib
Lafarge: more Romanian investments
Lafarge has said it planned to invest Euro 4.0m in its operations in Romania this year, local news sources reported. Lafarge will invest Euro 2.0m in aggregate production and another Euro 2.0m in conc
Holcim Schmidheiny in Capital Hike
Swiss industrialist Thomas Schmidheiny, the single biggest shareholder of cement company Holcim, will participate in a planned capital increase, his spokesman said Tuesday. "Mr Schmidheiny will take
Cementir ready for Turkish growth
Francesco Caltagirone, the chairman of the Italian cement group Cementir, yesterday told the group’s shareholders that it is interested in further acquisitions in Turkey. In 2004, he continued,
Garadagh profits
The undistributed profits of Garadagh Cement reached AzM 42055.944 mn last year as against AzM 13814.076 mn by the beginning of last year, Azer-press learned from representatives of Garadagh Cement. T
Portugal Cimpor To Increase Output by 44 per cent
Portugal’s cement producer Cimpor expects to increase its output by 44 per cent, up to 31.8Mt of cement by 2008. Cimpor plans to acquire companies abroad that are expected to produce 6.0Mt of i
Opening of Holcim factory in Alesd
Romanian Prime Minister Adrian Nastase told the opening ceremony on Friday of Holcim factory in Alesd, Bihor county, that local cement prices are a concern with Romanian authorities. Nastase pointed o
Semapa head proposed as Portucel chairman
Portuguese cement company Semapa said on Thursday that its chairman has been proposed to take the same post at pulp and paper company Portucel. Semapa last month won a 30 percent stake in Portucel in
OUTLOOK Holcim set for Q1 recovery
Holcim Ltd is to report a sharp increase in first quarter profits next Thursday compared to a very poor year-earlier period, with the cement maker’s business environment pointing upwards, analys
Aggregate Industries expands in Nevada
Having entered the Nevada market last November with the acquisition of Southern Nevada Paving, Aggregate Industries extended its interests in that area of the United States buy the purchase of Frehner
Bargarh Cement India
Bargarh Cement (formerly Idcol Cement), ACC¹s recently acquired subsidiary, has generated Rs 64 crore revenues and a profit of around Rs 2.6 crore after its takeover. ACC had taken over the plant on D
Wienerberger makes a good start to the year
In the first quarter of 2004, turnover at Wienerberger AG rose by some 15% to €312.3m and the EBITDA emerged around 30% higher at €51.9m, in spite of negative exchange rate effects, principally from t