Corporate

15 October 2007

ACC hikes stake in Shiva Cement to 14.7%

ACC has increased its stake to 14.7 per cent in Shiva Cement from 11.22 per cent as on June 30 this year.

15 October 2007

Holcim (New Zealand) manager moving to cement career in US

"A bit of an adventure" is how Holcim (New Zealand) Ltd’s strategy and development general manager Paul Commons’ describes his transfer to work for Holcim in the United States.

11 October 2007

Thailand’s Siam Cement Pcl. (SCC): 3Q07 earnings slightly better QoQ

SCC is expected to post a 3Q07 net profit of Bt8.5bn, up 11.6% YoY but down 3.8% QoQ.

11 October 2007

Cimpor eyes 10 per cent per year revenue growth in China, mulls India opportunities

Cimpor expects to have over 10 per cent revenue growth in the Chinese market and is considering opportunities in India

10 October 2007

Strong volumes & higher prices to drive earnings of cement cos, India

Strong volumes and higher prices is expected to drive earnings growth of cement companies, which are all set to deliver good results in the second quarter

09 October 2007

China cement price gains

Cement prices in most regional Chinese markets have been rising steadily since mid-September matching the peak season construction activities.

08 October 2007

HeidelbergCement issues new bond for private investors

HeidelbergCement is planning to issue a euro bond this month via its subsidiary HeidelbergCement Finance B.V. The bond, which matures on 4 January 2018

05 October 2007

Ultratech Cement initiated with "underweight"

Analyst Satish Kumar of Lehman Brothers initiates coverage of Ultratech Cement with an "underweight" rating.

05 October 2007

UK laboratory opening

Lafarge Cement officially opened its new national laboratory

05 October 2007

J K Lakshmi Cement diminishes 2.1 per cent

J K Lakshmi Cement diminishes 2.1 per cent on fragile volume to Rs183.80.

05 October 2007

India: Sagar Cements’ stock jumps Rs15.2 (9.0%) on extraordinary volume

India: Sagar Cements’ stock jumps Rs15.2 (9.0%) to Rs185.

05 October 2007

Portuguese Cimpor sees 2007 turnover Up 16 per cent

Cimpor expects to close 2007 with a 16 pct year-on-year rise in its turnover to 1.9 bln euro

05 October 2007

Basic Element, Strabag form cement jv, plan acquisitions in eastern Europe

Russia’s Basic Element and Austria’s Strabag SE have agreed to combine their cement activities into a 50/50 joint venture,

04 October 2007

FCC looks to acquire US companies for expansion

Fomento de Construcciones y Contratas SA is looking to acquire companies in

04 October 2007

Eagle Materials sells paper

Eagle Materials Inc disclosed Wednesday that it sold US$200 million in senior unsecured notes in a private transaction Tuesday. The Dallas-based

04 October 2007

Cementos Portland to pay interim dividend

Spanish cement producing company Cementos Portland Valderrivas, part of