Corporate

01 November 2006

Chettinad Cement gets board nod for merger

Chennai-based Chettinad Cement Corporation Ltd has received approval from its board for the merger of its two wholly-owned subsidiaries,

01 November 2006

Readymix rebrands by adopting name of Cemex

Readymix plc has announced today that its subsidiaries Readymix (ROI) Ltd., Readymix (NI) Ltd., and Island Aggregates Ltd., will operate under the name of

31 October 2006

Holcim still trying to cement deal, South Africa

Talks are still continuing between Holcim and Aveng, South Africa’s biggest construction and engineering firm, over Holcim’s plans to sell 85 per cent of its 54 per cent interest in its l

31 October 2006

Anhui Conch nearly triples net earnings, China

nhui Conch Cement Co. Ltd. nearly tripled net earnings in the third quarter as

31 October 2006

Buzzi Unicem takeover offer for Dyckerhoff

Buzzi Unicem S.p.A. plans to buy out the remaining minority shareholdings in Dyckerhoff AG, in which the Italian company holds the majority stake, Buzzi Unicem announced.

31 October 2006

Sharjah Cement Q3 net drops 39 per cent, UAE

Kuwait-listed UAE-based Sharjah Cement and Industrial Development Company showed a 39 per cent decline in third-quarter profit

31 October 2006

JK Cement net up more than six fold, India

Kanpur-based JK Cement Ltd today reported a more than six fold jump in its net profit at

30 October 2006

Fujairah Cement Q3 profit rises 21 per cent

Kuwait-listed Fujairah Cement Industries Co. said third-quarter net profit rose more than 21 per cent

30 October 2006

Holcim still trying to cement deal

Talks are still continuing between global cement producer Holcim Switzerland and Aveng, South Africa’s biggest construction and engineering firm

30 October 2006

China Ministry OKs Holcim to increase Huaxin stake-source

China’s Ministry of Commerce has approved Huaxin Cement Co to issue additional shares to a unit of Switzerland-based cement producer Holcim Ltd,

27 October 2006

Greeces’ Titan Cement net seen rising 34 per cent

Greece’s Titan Cement nine-month group net profits are seen rising 34.2 per cent YoY to EUR209.4m

26 October 2006

TPIPL drop in core earnings YoY, Thailand

TPIPL reported a 3Q06 net profit of Bt772.6m, up 17.3% YoY and 124.7% QoQ from extra gain

26 October 2006

Construction begins on Cong Thanh cement plant, Vietnam

Construction on the Cong Thanh-Nhon Trach cement plant has begun on the Nhon Trach District in Dong Nai Province

26 October 2006

Siam Cement hit hard by fuel prices, Thailand

Despite enjoying growing sales in the first nine months of the year, the Siam Cement Group (SCG) saw its net profits shrink largely due to higher fuel expenses.

25 October 2006

Dyckerhoff family places 3.5 per cent stake in Buzzi

The Dyckerhoff family placed a 3.5 per cent stake in t Buzzi Unicem

24 October 2006

Southern demand boosts India Cements

India Cements has posted a net profit of Rs 117.32 crore for the quarter ended September 30, 2006, against Rs 5.85 crore in the corresponding quarter of the previous fisca