Corporate

09 May 2007

HeidelbergCement Q1 net rises to EUR119m on growth in Europe

HeidelbergCement AG said first-quarter net profit rose to EUR119m from EUR37m in the same period last year as business improved significantly in Europe and Central Asia, thanks to the mild winter.

09 May 2007

Holcim raises stake in ACC

Holcim has raised its stake in India’s top cement manufacturer ACC Ltd by three per cent to nearly 42 per cent by buying shares from the open market for over Rs 6.40bn (US$157.4m).

08 May 2007

CRH controls 99.49% of the Gétaz Romang shares

CRH plc announced that at the end of the public tender offer acceptance period for Gétaz Romang Holding, which expired on 3 May 2007, 99.24% of the publicly outstanding share

08 May 2007

Binani Cement taps market, India

Binani Cement has entered the capital market with a public issue of 2.05 crore equity shares of Rs. 10 each. The issue is through an offer for sale by JP Morgan Special Situations (Mauritius) Limited.

08 May 2007

Kuwait Cement Q1 net profit more than triples

Kuwait Cement posted a first-quarter profit of 15.6 million dinars ($53.96m), up more than threefold from the same period a year earlier.

08 May 2007

Kind European winter gives Dyckerhoff strong start

The separately quoted Buzzi Unicem subsidiary Dyckerhoff had a very good start to the year, with volumes well ahead in all countries with the exception of the USA

08 May 2007

Except for North America, Italcementi has an excellent start to the year

With only North America and Thailand showing lower domestic cement deliveries, Italcementi’s first quarter cement and clinker shipments increased by 7.6% to 15.3Mt.

04 May 2007

Titan has a strong start to the year in Greece and in Bulgaria

Titan’s first quarter turnover improved by 2.1% to EUR342.1m and the EBITDA rose by 10.7% to EUR88.9m.

03 May 2007

Australian Rinker is named as defendant

The US Department of Justice filed an amended complaint today in the District Court in Washington, DC, naming concrete maker Australian Rinker Group Limited as a defendant in the Department’s an

03 May 2007

Indonesian cement companies post slight declines in profits

A sharp fall was recorded in the net profit of three publicly listed cement companies on the average in the first quarter of this year over the same period last year. The decline in performance was at

03 May 2007

Austria’s RHI says Q1 operating profit up 33 per cent

Austrian refractory speciailist RHI posted a 33 per cent rise in first-quarter operating earnings as it sold more products to the booming global steel industry.

03 May 2007

Holcim nearly doubles first quarter net profit

The world’s biggest cement makers, on Thursday reported a 94 per cent increase in its first quarter net profit to 530 million Swiss francs (Euro 331m)), fuelled by the booming construction indus

03 May 2007

Tasek Corp sells stake in Jurong Cement

Tasek Corp Bhd said it has disposed of its 17.4 per cent stake in Singapore-listed Jurong Cement for S$16.19m or S$2.10 per share. Tasek said the disposal is expected to result in a gain of S$12.2m.

02 May 2007

Eagle Materials posts record profits in a weakening environment

In its financial year to the end of March, Eagle Materials increased its consolidated turnover by 7.3 per cent to US$922.4m and the trading profit before corporate overheads rose by 25.1 per cent to U

02 May 2007

St Lawrence Cement Group Inc - First Quarter Results

St. Lawrence Cement Group Inc. (the "Company") reported sales of $151.8 million for the first quarter ended March 31, 2007,

02 May 2007

Semen Gresik lLikely to issue US$300 million bonds

PT Semen Gresik is likely to issue US$200 million - US$300 million bonds to finance the company’s capital expenditure on the development of new cement facility.