Cement News: Corporate

10 August 2010

Athi River Mining profit up 16 per cent, Kenya


Kenya’s third largest cement maker, Athi River Mining has returned a 16 per cent increase in pre-tax

09 August 2010

Portland Valderrivas advances in Tunisia

The Spanish market leader Cementos Portland Valderrivas saw its turnover decline by 19.0% to €435.4m

09 August 2010

Oman Cement appoints new acting chairman

Saleh Nasser al-Aaraimi has been appointed acting chairman of Oman Cement Company following the

09 August 2010

Misr Qena Cement posts 1H rise, Egypt

Net profit at Egypt’’s Misr Cement Qena, which has been boosting capacity in southern Egypt, rose 14.2

Alinma Bank to participate as receiving bank in Al Jouf Cement IPO 09 August 2010

Alinma Bank to participate as receiving bank in Al Jouf Cement IPO

Alinma Bank will participate as a receiving bank in the upcoming Al Jouf Cement Company IPO, which

06 August 2010

Lafarge’s Kenyan unit, Bamburi, reports 1H profit of US$41.5m

Lafarge SA’s Kenyan unit, Bamburi Cement Co, reported first-half earnings per share of KES6.52.

ACC appoints new CEO, India 05 August 2010

ACC appoints new CEO, India

The Board of Directors of ACC have today appointed Mr Kuldip K Kaura as CEO & Managing Director of

05 August 2010

Vicat: solid performance in a mixed environment

First half 2010 consolidated sales at French-based Vicat were €985m, up 2.4% compared with the

05 August 2010

Cementos Portland extends maturity of EUR150m loan

Spanish cement producer Cementos Portland Valderrivas reached an agreement with its creditors for the

05 August 2010

Morgan Stanley raises Indocement target

Morgan Stanley raises Indocement target price to IDR18,000 from IDR16,850, on strong 2Q results,

05 August 2010

Vietnam Cement Finance plans listing

Cement Finance Joint Stock Co. (CFC) plans to list all 61 million shares on the Hochiminh Stock Exchange

05 August 2010

Caribbean Cement Company (CCC) posts ‘disappointing’ loss

Caribbean Cement Company (CCC) blamed the recession and the State of Emergency for its

04 August 2010

A TEC and GRECO join forces for new venture

Austrian pyroprocess specialists A TEC and Brazilian combustion company GRECO are joining forces to

04 August 2010

Misr Cement Qena posts 14% net rise

Egypt’s Misr Cement Qena posted a 14.2 per cent rise in net profit for the first half of 2010, the stock

03 August 2010

Siam City Cement: volume-driven growth in 2Q10

Siam City Cement (SCCC) posted a 2Q10 net profit of Bt731mn that marks a rise of nine per cent YoY and a

03 August 2010

Deutsche Bank cuts Italcementi price target to EUR 6.50

Deutsche Bank has revised down to EUR 6.50 from EUR 7.00 the share price target on Italian cement