The Industrial and Commercial Bank of China (ICBC) will provide a credit package worth US$97m to the Tay Ninh Cement Plant, according to the agreement signed July 24 between the ICBC and France’
More good news for the Indian cement sector as Gujarat Ambuja posted a more-than-double growth in its profitability for the quarter ended June 30. Riding on the back of higher prices, India’s f
Siam Cement and its rival Siam City Cement are both likely to report a decline in second-quarter net profit due to high oil prices and a slowdown in construction projects, analysts say. "Cement sales
Credit Suisse First Boston expects Greece’s Titan Cement to announce pretax profits of Euro 141m for the first half on sales of Euro 722m. Operating profits are seen at Euro 155m, the broker sai
Italian-Thai Development, one of the country’s biggest construction company, said yesterday that it expected a second-quarter net profit similar to the previous quarter’s 197 million baht.
Gujarat Ambuja Cements Ltd., has announced the following business outlook to the Mumbai stock exchange:
Buzzi Unicem raises Euro 17.3m by selling one million treasury shares shares to parent company Fimedi SpA. The shares, which were sold yesterday, had a book value of Euro 8.7m.
The EBRD suspended the acquisition of a stake in the equity of Garadagh Cement and the head of the EBRD local office in Azerbaijan Raymond Conway informed Azer-Press that the activity related to inves
Cementos Lima SA posted second-quarter net income of 27.9 million soles (US$8.6m) compared with PEN20.8 million in the same quarter in the previous year, the company said Wednesday. Total revenues ro
Holcim Finance (Australia) Pty Ltd has launched a A$260m August 2009 issue. The notes are expected to price at between 35 and 38 basis points over the three year mid-swap/bank bill swap reference rat
The government has ordered PT Semen Gresik Tbk (SG) to postpone the extraordinary general meeting of shareholders (EGM) from the initial schedule of July 28 to wait for the conclusion of 24.9% shares
Shares of the Tanzania Portland Cement Company (TPCC), which were recently floated to the public, are likely to be oversubscribed, it was learnt in Dar es Salaam yesterday.
India Cements Ltd has posted a net profit of Rs 112.59 crore for the quarter ended June 30, 2006, which figure, it says, "far exceeds even the highest ever annual profit registered by the company at R
Australian building materials maker Rinker Group Ltd. said its quarterly profit rose 14 percent after it raised prices, but its shares fell nearly 4 percent after it forecast lower earnings than analy
Bacnotan Consolidated Industries said in a statement to the stock exchange that it posted net profit of PHP111m for the six months to June.
HeidelbergCement AG chief executive Bernd Scheifele told Handelsblatt his company intends to continue its aggressive expansion strategy in Eastern Europe and the former Soviet Union.