30 August 2007

Taihang Cement new shareholder

Taihang Cement announced today that the company received the approval of the State-owned Assets Supervision and Administration Commission of the State Council for

30 August 2007

HeidelbergCement could sell further non-core activities

HeidelbergCement is examining a possible sale of further marginal activities, following the takeover of UK construction materials supplier Hanson.

29 August 2007

Strong CRH profit growth in Europe

CRH’s first half turnover rose by 20.8% to EUR9698m and the EBITDA increased by 23.4% to EUR1141m,

29 August 2007

Helmut Erhard to retire from Lehigh Cement Company; Dr. Albert Scheuer to become new CEO

Lehigh Cement Company has announced the retirement of Helmut S. Erhard, CEO, President and member of the Managing Board of Lehigh’s parent company, HeidelbergCement Group, effective December 31, 2007.

28 August 2007

TCC posts $60m profit as sales rise

TCC International Holdings, a cement manufacturer, importer and distributor, reported a net profit of HK$60.1m through June, compared to a loss of HK$24.2m in the same period last year.

28 August 2007

TPI Polene: outlook depends on timing of refinancing

Thailand’s TPI Polene’s (TPIPL) 2H07 core earnings is expected to be stable from 1H07 as: i) Domestic cement sales in 2H07

24 August 2007

Holcim plans to increase stake in Ambuja Cement

Holcim Ltd has launched a $1.34bn offer to acquire a controlling stake in its Indian partner as an expansion into Asia begins to pay off.

23 August 2007

Adelaide Brighton promises further increases after 1H earnings rise 12 per cent

Adelaide Brighton Ltd has raised its full year guidance on expectations of greater demand for cement and lime.

20 August 2007

Cimpor H1 sales seen up on new units, higher costs to weigh on net

Cimpor is expected to report next Friday firm top line growth thanks to its consolidation of recent acquisitions, though this is expected to weigh on the company’s cost base, analysts said.

20 August 2007

Chile producers’ profits dip in 1H07

Chile’s top three cement producers – Cementos Bío Bío, Lafarge and Polpaico – all saw their bottom line drop during the first half of this year compared to the same six months of 2006

20 August 2007

Siam Cement Group sweeps 5 out of 9 awards in Thailand Corporate Excellence Awards

The Siam Cement Group swept five out of the nine awards in the sixth Thailand Corporate Excellence Awards.

17 August 2007

KKR enters Chinese cement sector

Buyout giant Kohlberg Kravis Roberts is nearing completion of its first China purchase after

17 August 2007

Monarch Cement’s cash flow sees sizeable gains

Cash flow from operations for The Monarch Cement Company for its quarter ended June 30, 2007

17 August 2007

Jiangxi Cement to Net RMB18M in profits

Jiangxi Cement realized RMB11.4874M in net profits in the first six months of 2007

16 August 2007

Smaller companies back in focus

Indian analysts suggest that JK Cement, JK Lakshmi Cement, Birla Corporation and Century Textiles

16 August 2007

Jidong Cement’s net profits soar

Jidong Cement’s sales volume of cement and clinker reached 9.3577Mt