Corporate

07 December 2006

Second Cement Firm Hits Hanoi Bourse

But Son Cement Company yesterday listed all its 90m shares on the Hanoi Securities Trading Center (HASTC), becoming the second cement producer on the bourse.

06 December 2006

Sinoma Plans HK Listing in 07

China National Materials Industry Group (Sinoma), a state-run building materials maker, is preparing for an initial public offering in Hong Kong.

05 December 2006

Peruvian cement investments

Peruvian investment group Grupo Gloria plans to invest US$114m in the expansion of its cement plants in the Arequipa and Puno departments, local paper Gestión reported.

05 December 2006

Shiva Cement to issue 2.5m shares to IFCI

Shiva Cement Ltd. said on Monday its board had approved the issue of 2.5m shares to IFCI Ltd. at a price 3.55 rupees per share

04 December 2006

US reviews Rinker bid

Cemex faces a fresh hurdle in its hostile $16 billion bid for Australian building products group Rinker

01 December 2006

Buzzi Unicem ups offer for German Dyckerhoff

Italian cement and concrete maker Buzzi Unicem S.p.A. has increased its cash offer for German building material maker Dyckerhoff AG to EUR42 per share from EUR40 earlier

30 November 2006

Vietnam cement maker raises $44 mln in IPO

Vietnam’s Ha Tien Cement Co. No. 1 has raised $44m from selling more than 22 million state shares to domestic investors, the Hanoi stock market said on Thursday.

30 November 2006

Brazil CP Cimentos Seeks financial equilibrium with CCRG sale

With the sale of local sector company Companhia de Cimento Ribeirao Grande (CCRG), which was finalised on November 27, 2006, Brazil’s cement company CP Cimentos, aims to reestablish its financia

30 November 2006

Heracles Cement 9-month net profit down 39.1%

Greek cement producer Heracles, majority owned by Lafarge, said on Wednesday nine-month net profit after tax fell 39.1 per cent, due to a one-off gain last year.

30 November 2006

Heracles Cement 9-month net profit down 39.1%

Greek cement producer Heracles, majority owned by Lafarge, said on Wednesday nine-month net profit after tax fell 39.1 per cent, due to a one-off gain last year.

30 November 2006

West China Cement to raise 22 mln stg ahead of AIM listing

West China Cement Ltd, a producer and distributor of cement, based in Shaanxi Province in the Peoples’ Republic of China, said it plans to raise 22 mln stg ahead of its admission to AIM, expecte

29 November 2006

Votorantim acquires CCRG

Votorantim Cimentos has acquired from Koranyi Ribeiro family the 95,65% stake held by CP Cimentos in the cement company CCRG

27 November 2006

Egyptian Ameriya Cement US$35.3m net profit

Egyptian company Ameriya Cement booked a consolidated net profit of E£201.8m (US$35.3m) for the first nine months of 2006,

27 November 2006

Bim Son cement plant gets listed

Bim Son Cement Joint Stock Company on Nov. 24 listed more than 90 million shares on the Hanoi Securities Trading Centre under the code BCC.

24 November 2006

Egypt’s Amreya Cement 9-mth profit jumps 56 per cent

Egypt’s Amreya Cement reported net profit of E£201.8m (EUR35.3m) for the first nine months of 2006, a 56 per cent increase, the stock exchange said on Thursday.

24 November 2006

Taiwan Cement to Inject more in Mainland China reinvestments

The Investment Commission under the Ministry of Economic Affairs (MOEA) approved Taiwan Cement Corp to invest US$33.2m in the mainland China on cement plant located at Yingde of Guangdong province.