Corporate

25 September 2006

Oyak eyes Lafarge in cement company shuffle

A division of Turkey’s military pension fund-owned Oyak Group is eyeing the local assets of French cement giant Lafarge, a senior Oyak official suggested on Friday to national business daily Ref

25 September 2006

Buzzi Unicem FY EBIT seen at EUR670m, up 17 per cent

Buzzi Unicem SpA’s full-year EBIT is expected to rise 17 per cent to EUR670m according to a study of the cement company.

25 September 2006

Holcim offers cash for conversion of bond to shares

Holcim is offering a cash incentive to holders of its US dollar zero coupon convertible bond due 2017 to convert the bonds into shares, the company said on Monday.

21 September 2006

Pretoria Portland Cement Trading Statement

Trading conditions in the second half of this financial year have continued to be favourable with cement sales volumes growing ahead of expectation

21 September 2006

Energy Costs Cut Portland Cement Profits By 15%.

East African Portland Cement posted a 15 per cent drop in pre-tax profits in the year ending June 2006.

20 September 2006

Cemex sees 3Q sales growth at 7 per cent

Cemex said it expects third-quarter sales to grow 7 per cent to $4.6bn on stronger cement sales volumes in Mexico and Spain.

20 September 2006

Lafarge Expands Into Arizona Market

Lafarge today announced it has completed the purchase of the aggregate assets of Sun State Rock and Materials Corporation in Sun City, Arizona.

20 September 2006

Egypt’s Ameriya Cement H1 profit up 142 per cent

Egypt’s Amreya Cement reported net profit of E£129.7m (US$22.6m) for the first six months of 2006, a 142 per

18 September 2006

Garadagh Cement JSC pays fines for tax evasion

The Azerbaijani Tax Ministry’s recent inquiry into Garadagh Cement has revealed a tax evasion of AZN 3,062,300.

15 September 2006

’Siberian Cement’ Consolidates Assets

The Kemerovo-based holding ’Siberian Cement’ is set to increase the share capital and consolidate part of the assets, which until recently were under its management.

15 September 2006

Summary of FLSmidth Co. A/S Extraordinary General Meeting

On Wednesday 13 September 2006 at 15.00 hours, FLSmidth Co. A/S held an Extraordinary General Meeting at the Company’s address with the following items on the agenda:

15 September 2006

Devnya Cement posts EUR 99.2m turnover 2005

The annual capacity of Devnya Cement’s two plants in Bulgaria has reached 2.5 million tonnes. In 2005 the company posted a turnover amounting to EUR 99.2 million.

14 September 2006

Grafton in strong Irish market

The Irish-based merchanting group Grafton increased first half turnover by 10.4% to Eur 1,427.2m and the trading profit advanced by 9.5% to EUR 106.9m.

14 September 2006

Ennstone improves prices

Independent aggregates and concrete producer Ennstone increased first half trading profit by 15.7% to UK£9.4m (EUR13.9m) on a turnover 21.0% ahead at £97.8m (€144.5m)

14 September 2006

Bim Son Cement to sell 14M shares, Vietnam

The Bim Son Cement Company plans to sell an additional 14M shares via auctions at the stock exchanges in Hanoi and Ho Chi Minh City on September 20, the company has announced.

13 September 2006

Hong Kong Chia Hsin Cement requests trading suspension

Chia Hsin Cement Greater China Holding Corp’s shares have