Cement News tagged: Corporate
Titan first quarter advance
The Titan cement group saw turnover increase by 10.7% to EUR231.6m and the operating profit at the EBITDA level rose by 32.0% to €55.3m, while the pre-tax profit more than trebled to EUR30.3m. Global
Cement merger on the cards?
The Competition Tribunal is expected to hear two large mergers next week between three cement manufacturers -- Alpha, PCC and Lafarge -- and a proposed transaction involving investment holding compan
CSR unlikely to pursue Adbri
CSR Ltd has indicated it is unlikely to pursue Adelaide Brighton Ltd after Boral Ltd’s takeover bid for the cement producer was rejected by the consumer watchdog.
Tarmac: no more UK cement plant plans
Chief executive Robert Robertson says the £115m Buxton facility upgrade is final UK project. Tarmac has no plans for any further cement factories in the UK beyond the new £115m plant at Buxton
Juan Minetti Q1 net profit falls 55.8%
Juan Minetti, Argentina’s second largest cement producer, saw first quarter net profits drop 55.8% to 28.8m pesos (US$10m) from 1Q03 due to exchange rate differences, the company said in a state
Indonesian producer loses Rp 14b in 2003
Cement maker PT Semen Cibinong, a subsidiary of Holcim , has recorded a loss of Rp14bn (US$1.5m) last year due in part to a decline in exports.
Philippines Republic cement 1Q net lifted by acquisitions
Philippine producer Republic Cement Corp said it swung to a net profit in the first quarter after a substantial loss in the year-ago period on account of its recent acquisitions, an increase in cement
Lafarge names Blatz head of aggregates, concrete
Lafarge has put Jean-Charles Blatz in charge of its aggregates and concrete business following the departure of Charles de Liedekerke, it said on Monday.
Cementir boosted by Turkish recovery
The first quarter turnover at the Italian cement producer Cementir rose buy 13.7% to €71.4m while the EBITDA was little changed at €16.1m, though the trading profit advanced by 12.8% to €8.8m and the
China’s cooling may help majors
China’s move to rein in building industries to cool its surging economy is expected to wipe out thousands of small cement plants and give foreign firms a crack at the world’s biggest marke
Holcim Shareholders Approve
Shareholders of Swiss cement company Holcim Ltd. Friday approved the firm’s capital increase and dividend payout, the company said. Holcim shareholders agreed to the capital increase of approxi
Cimpor increases first quarter cement volume by 3%
First quarter turnover at Cimpor rose by 4.3% to EUR321.4m, but the operating profit at the EBITDA level declined by 4.2% to EUR115.6m. After a similar percentage decline at the trading level, a shar
Reduced costs help Polpaico
Reduced operating, administrative and sales, and financial costs helped Chile’s Cemento Polpaico post a 4.77-peso (US$7.48m) consolidated net profit in the first quarter, up 28 per cent from 1Q0
Argentine Juan Minetti - small profit noted
Argentine cement maker Juan Minetti, owned by Holcim, and the second largest group after Loma Negra, posted a net profit of 28.75 mln Argentine pesos ($9.73m) for the first quarter of 2004, the compan
Barloworld’s profit soars
Barloworld, the listed international brand management company that yesterday reported a 77 percent jump in headline earnings a share, is poised to establish a foothold in the potentially lucrative Sib
Lafarge: more Romanian investments
Lafarge has said it planned to invest Euro 4.0m in its operations in Romania this year, local news sources reported. Lafarge will invest Euro 2.0m in aggregate production and another Euro 2.0m in conc