The sales revenue of Yanbu Cement Co (YCC) for the year 2005 increased only by 0.6 per cent to SR778.9mn from SR774.6mn reported in 2004. The was mainly due to the decline in the production of clinker
Caribbean Cement Company reportedly lost J$190m (US$2.94m) between January and March this year - with the deficit during the quarter following a 2005 full financial year in which the cement producer p
Heidelberg Cement said the start of a civil damages trial against it and five other German cement producers has been delayed until Dec 6. The civil hearing in the Duesseldorf regional court, origina
EBITDA for The Monarch Cement Company for its twelve months ended March 31, 2006 was $26,088,413, a 108 per cent increase over the year earlier same twelve months when Monarch Cement generated $12,517
Siam City Cement PCL , Thailand’s second-biggest cement maker, said on Tuesday it expected no growth in sales this year due to weak domestic economic expansion. Previously, the company had expe
Portuguese cement company Cimpor posted a Euro 78.8m consolidated net profit for the first quarter of 2006. Turnover rose to Euro 406m up 20.4 per cent. The company registered growth in all the countr
JK Lakshmi Cement today reported a 113 per cent growth in its net profit at Rs 55 crore for the fiscal 2005-06, as against Rs 26 crore in the year-ago period. The company’s sales during the peri
Madras Cements Ltd said on Monday its board approved setting up a new 2Mta cement plant at a cost of 6.13 billion rupees. The new plant is to be located in Tamil Nadu. The company also plans to set
High fuel costs and a slow down in the economy will affect Siam Cement’s performance this year, a report in Krungthep Turakij said. Although demand for cement rose three per cent in the first qu
Cimpor SGPS said Monday it has acquired 40 per cewnt of Spain’s Firmes y Hormigones SANI for Euro 4.19m. Cimpor also said it had arranged an option to buy, under the same terms, an additional 50
Titan Cement said it is considering submitting a bid for the acquisition of a 73.7 per cent stake in Spanish cement-maker Uniland worth about Euo 1.5bn. "The estimated price is considered valid," Tita
Prachai Leophairatana remains undecided over whether to continue his fight to regain control of Thai Petrochemical Industry or to enter politics.
Prosperity Minerals has joined Aim via a placing that raised UK£115m. The Hong Kong-based company was advised by Evolution Securities in its placing of 77.7m shares at 148p with institutional investor
Irish cement products manufacturer Readymix has appointed Sergio Martinez finance director. He will join the board on June 1 2006.
Lafarge is aiming for underlying sales growth of over five per cent per year but it gave no period for the forecast in slides posted on its website ahead of an annual shareholder meeting on Wednesday.
Lafarge’s future was in further question last night after the investment group run byBelgian financier Albert Frere raised its holding in the France-based cement maker to 10 per cent. Groupe Br