Corporate

10 October 2006

Saudi Yamamah Cement Q3 net up eight per cent, below forecast

Yamamah Cement Co, Saudi Arabia’s largest cement maker, posted a net profit of 145.9m riyals (US$$38.9m) in the third quarter,

10 October 2006

Gulf Cement outlook remains bouyant

Ras Al-Khaimah, UAE, was incorporated as a public shareholding company in 1977.

09 October 2006

Heidelberg acquires 80 per cent stake in Gongyuan Cement

Heidelberg Cement Group has acquired 80 per cent of the stake of the Liaoning Gongyuan Cement Group in northeast China, according to an agreement signed recently, says Xinhua News Agency.

06 October 2006

Carib Cement appoints new quality manager

Caribbean Cement Company Limited has appointed a new Quality Manager as it moves to fine-tune its internal systems to prevent a recurrence of the cement crisis earlier this year.

06 October 2006

CRH Names Mairtin Clarke Euro Managing Director

CRH said Friday that it has appointed Mairtin Clarke as Managing Director, CRH Europe - Products and Distribution with effect from the December 1.

06 October 2006

Cemex names PA and CSR director

Cement maker Cemex has raided its trade body, the British Cement Association (BCA), to fill a new director of PA and corporate responsibility for Europe role.

04 October 2006

Mandiri conducts due diligence on Semen Kupang, Indonesia

PT Bank Mandiri Tbk is planning to conduct due diligence on the financial performance of PT Semen Kupang regarding

04 October 2006

Fauji Cement earnings up by 136 per cent

Fauji Cement Company Limited has announced financial results for the year FY06, according to which the company posted earnings of Rs 1,203m,

03 October 2006

Semapa H1 net jumps 59 per cent, Portugal

Semapa said net profit soared 59 per cent to EUR33.2m in the first half from EUR20.9m a year earlier

03 October 2006

Siam Cement wins Corporate Excellence Awards

Siam Cement Plc walked away with five out of a total of nine awards at the fifth Thailand Corporate Excellence Awards

03 October 2006

Gresik announces appointments of new commissioners and directors, Indonesia

The new Commissioners and Direcors of Semen GRESIK appointed by the Extraordinary General Meeting of Shareholders on 28 Sep 2006 are as follows:

02 October 2006

TPI Polene Plans THB0.25/Shr Div

Cement maker TPI Polene PCL plans to pay an interim dividend of THB0.25 a share for its first-half performance, pending consent from its creditors. The payment is scheduled on Oct. 27.

02 October 2006

Shree Digvijay Cement looks good for 50 per cent upside

Shah told CNBC-TV18, "Shree Digvijay Cement is basically Aditya Birla Group company wherein Grasim is holding about 52% stake in this company. The stock is quoting at about Rs 32 and it has got a smal

29 September 2006

Texas Industries announces further price increases, US

Texas Industries’ first quarter turnover, to the end of August, increased by 12.3% to US$271.7m, while the trading profit jumped by

29 September 2006

Another cement firm looks to list on Hanoi Bourse, Vietnam

Thach Cao Cement Joint Stock Company has sent the listing file to the Hanoi Securities Trading Center (HASTC), asking for license to float its shares on the market.

28 September 2006

Buzzi Unicem share news, India

Buzzi Unicem’s chairman, Alessandro Buzzi, has bought a total 8000 company shares for some