Corporate

09 February 2007

Claudius Peters opens new outpost in India

Langley Holdings Claudius Peters division has a recently announced the opening of its new outpost in India. Located in Mumbai

08 February 2007

Cemex offloads bonds to cement Rinker bid

Cemex has sold off US$750m ($965m) worth of hybrid bonds to clean up its balance sheet in preparation for its hostile US$12.8bn takeover of building materials group, Rinker.

07 February 2007

Buzzi Unicem FY sales to rise 6-7 per cent on Dyckerhoff’s, Mexico ops

Buzzi Unicem SpA full-year sales, due to be released Thursday, are seen rising by 6-7 per cent from 2005, thanks to solid results at its Dyckerhoff AG subsidiary, particularly in Eastern Europe,

07 February 2007

Boral H1 profit drops 15 per cent, sees housing recovery in 08

Boral Ltd has reported a dip in first half profit and stuck to its forecast for lower annual earnings, but the brick, tile and concrete maker has forecast a recovery in its two key markets in 2008.

06 February 2007

Oman Cement Co 2006 net profit reaches US$54m

Oman Cement Co (OCC) reported an unaudited net profit of OMR20.7m (US$54m) for 2006, up from OMR18.1m (US$47m) in 2005, according to OCC statement to Muscat Securities Market (MSM).

06 February 2007

Fujairah Cement net profit rises US$41m 2006

The UAE Fujairah Cement Industries Co said its net profit rose to AED150m (US$41m) in 2006 from the AED137.3m (US$37.4m) it generated in the previous year.

05 February 2007

GACL net trebles

Mumbai-based cement maker Gujarat Ambuja Cements (GACL) said its October-December quarter net profit trebled to Rs 338 crore due to gains from a merger and higher cement prices.

05 February 2007

Buzzi Takeover Bid for German Dyckerhoff fails

The takeover bid of Italian cement and concrete maker Buzzi Unicem S.p.A. for German building material maker Dyckerhoff AG failed as the Italians managed to acquire only 88.37 per cent of the shares i

05 February 2007

St. Lawrence Cement sees future as rosy, and green

St Lawrence Cement Group has come off its most profitable year anticipating strong results in 2007 despite declining housing market.

05 February 2007

New Director General of Garadagh Cement appointed

From February 1, 2007 the post of Director General of Garadagh Cement JSC transferred to Horia Adrian who replaced Uve Kohler.

01 February 2007

Poland leads Dyckerhoff advance

The separately quoted Buzzi Unicem subsidiary Dyckerhoff, in which the Italian group has just raised its control to over 96%, increased turnover by an underlying 15.0% in 2006

01 February 2007

Florida Rock Industries net income rise

Florida Rock Industries, Inc today announced record first quarter net income of $44,279,000 or $.67 per diluted share for the first quarter of fiscal year 2007

01 February 2007

Eagle Materials Inc 3Q results

Eagle Materials Inc today reported financial results for the third quarter of fiscal 2007 ended December 31, 2006 and issued guidance for the fourth quarter of its fiscal year 2007.

01 February 2007

Vulcan announces record quarterly sales and earnings

Vulcan Materials Company announced record fourth quarter and full year sales and earnings.

01 February 2007

Italcementi FY sales seen up 15 per cent on emerging market, mild weather

Italcementi SpA full-year sales, due on Friday, are seen rising by about 15 pct from 2005, underpinned by continued strong growth in emerging markets

01 February 2007

Birla Corp Q3 net jumps

Birla Corp on Wednesday reported a huge jump in net profit at Rs 95.14 crore for the third quarter (Q3) ended December 31, 2006