Corporate

31 January 2008

China regulator approves Anhui Conch Cement’s planned additional A-share issue

The China Securities Regulatory Commission said it has approved Anhui Conch Cement’s

31 January 2008

JK Cement net up 60 per cent

Delhi-based JK Cement today registered 60 per cent jump in net profit at Rs 80.2 crore for the third quarter ended December 31, 2007,

30 January 2008

Holcim Romania – turnover increases

Holcim Romania, reported a preliminary turnover of 990 million lei

30 January 2008

JK Cement Q3 net up 60 per cent

Indian cement maker JK Cement Ltd today said its net profit has increased by 60 per cent at Rs 80.2 crores during the quarter ended December 31, 2007

30 January 2008

Mitsubishi Materials to take over US concrete firm

Mitsubishi Materials Corp. said Wednesday its US unit will raise its interest in California-based Robertson’s

30 January 2008

UAE Fujairah Cement 2007 net profit increases

The net profit of UAE cement producer, Fujairah Cement Industries Co, rose to 12.8 mln Kuwaiti dinars (US$46.9m)from 11.7 mln dinars

29 January 2008

Oman’s Raysut Cement profit doubles on higher sales

Raysut Cement, Oman’s largest producer of the building material, posted its biggest quarterly profit ever doubling over the year-earlier period on higher sales

24 January 2008

Peru’s Cementos Lima 4Q Net PEN56.6m Vs PEN41.5m

Cementos Lima SA posted fourth-quarter net income of CLP56.6m (US$19.2m), compared with PEN41.5m in the same quarter in the previous year

24 January 2008

Thai Siam Cement expects 2008 sales to rise 10 per cent

Siam Cement PCL , Thailand’s top conglomerate, expects a 10 per cent rise in sales this year from 2007,

23 January 2008

Swicorp advises Arabian Cement in SR500m rights issue

Arabian Cement has successfully offered 10 million new shares at a price of SR50 per share through a

22 January 2008

Qatari Gulf Cement to retain 2007 profit

Qatari Gulf Cement Company plans to retain its net profit of QAR32.3m (US$8.9m), according to preliminary figures for 2007

22 January 2008

Saudi Cement’s Q4 profit up nine per cent

Saudi Cement Co reported a nine per cent rise in fourth-quarter profit on higher productivity and sales.

22 January 2008

Siam Cement likely to report flat 2007 net profit

Siam Cement PCL is expected to report a flat 2007 net profit, with higher production costs and sluggish domestic demand offsetting one-time gains.

21 January 2008

Lafarge adds Groupe Bruxelles Lambert, Sawiris representatives to board

Lafarge shareholders approved the nomination of representatives from its two largest shareholders to the French company’s board of directors.

21 January 2008

China’s Anhui Conch Cement sees 50 per cent growth in 2007 net profit

Anhui Conch Cement Co Ltd said it expects its 2007 net profit to rise more than 50 per cent YoY on the back of strong sales.

21 January 2008

Gulf Cement net gains up to QR32.3m

Gulf Cement Company has reported a net profit of QR32.3m in 2007 and said it was proposing to convert itself