http://www.cemnet.com/public/news/corp.asp Get upto date with all the latest corporate deals taking place in the cement industry en-us PHP/4.3.6 http://www.cemnet.com/members/news/story.aspx?id=12552 Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR104m worth of shares in Lafarge Thu, 3 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12544 State-owned National Bank of Egypt has sold its holdings in Misr Cement Qena Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12543 Italcementi SpA said Tuesday it has named Giovanni Maggiora as its new chief financial officer to replace Giorgio Bodo Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12542 Building products group Boral Ltd is tipped to sell down its A$400m, 19.9% stake in cement maker Adelaide Brighton Ltd Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12539 The construction of new cement plant of PT Holcim Indonesia Tbk in Tuban cost have increased by 25 per cent Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12533 The board of directors of Qatar National Cement held a meeting on 29 June to discuss the primary financial results for the first half of 2008. Tue, 1 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12519 The net profit of Russian holding Sibirsky Cement more than doubled to RUB1.642bn in 2007 from RUB739.090m in 2006 Fri, 27 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12515 Most of the listed cement companies have registered huge losses from operations during the first nine months of the current fiscal year, industry sources say. Thu, 26 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12510 Derba Midroc Cement Plc and the international and domestic lenders singed loan agreements worth US$351m in Addis Ababa on Monday [23 June]. Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12508 The U.S. Army Corps of Engineers says it still holding the public comment hearing on Titan Cement on July 1st. Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12499 Anhui Conch Cement Co Ltd said 26.47m of its A-shares will come out of lockup and will be available for trading on the Shanghai exchange from June 30. Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12473 Shandong Shanshui Cement Group Ltd, partly-owned by the International Finance Corporation (IFC), a Wed, 18 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12476 Asia Cement Corp’s unit in China expects a net profit of more than CNY500m this year, up 66 per cent from CNY300m posted last year Wed, 18 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12468 South Valley Cement, Egypt’s largest cement firm by market value, agreed at a general assembly meeting to raise its paid-up Tue, 17 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12459 China’s second-largest clinker and cement producer, China Shanshui Cement Group Ltd, aims to raise up to US$305m Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12416 India Cements fell for a second day on Monday. The share price decreased INR3 (or 1.8 per cent) to INR161.60. Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12417 Ambuja Cements slid INR4.85 (or 5.7 per cent) to INR80.40 Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12418 Grasim Industries declined INR58 (or 2.6 per cent) to INR2205, Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12420 Though cement stocks have been battered in recent times on concerns about input pressures and pricing controls, Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12429 Italcement’s Giorgio Bodo and CEMEX’s Tarek El Gammal take on key posts with ASEC Cement Holding as its owners Citadel Capital aims to take the company into major phase of development Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12397 Grasim Industries dipped INR5.05 (or 0.2 per cent) to INR2234.95, ending a two-day streak of rises. In the NSE market of Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12398 Heidelberg Cement AG, traded at its 21-day low of Euro105.62. Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12400 Cementir added 16 Eurocents (or 2.9 per cent) to Euro5.66, its largest rise of the last one month. The rise is the largest in per cent terms since it added 13 Eurocents Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12401 Mexican cement company Cemex SAB said Wednesday that 96.9 per cent of its shareholders Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12402 Holcim (Deutschland) AG, Germany’s fourth largest Construction company Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12386 Heracles General Cement Company Greece’s 4th largest Industrials company by market capitalisation, closed unchanged at Euro16.50. Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12385 Heidelberg Cement AG dipped 60Eurocents (or 0.6 per cent) to Euro106.90. Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12384 Titan Cement Company, Greece’s second largest Industrials company by market capitalisation, traded between an intraday low of Euro28.36 Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12364 Dyckerhoff AG, Germany’s second largest Construction company by market capitalisation, traded between Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12349 Binani Cement weakened INR1.45 (or 2.4 per cent) to INR59.25. Compared with the BSE Sensex Index which fell 352.4 points (or 2.2 per cent) Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12345 Buzzi Unicem RNC , Italy’s eighth largest construction, engineering & materials company by market capitalisation, decreased 20 Eurocents Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12346 Cementir, Italy’s 5th largest construction, engineering & materials company by market capitalisation, has dropped below its trend. Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12347 Italcementi weakened 28 Eurocents (or 2.2 per cnet) to Euro12.71. Compared with the MIBTEL Index which fell 351.0 points (or 1.4 per cent) on the day, Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12348 Chettinad Cement Corp strengthened Re1.0 (or 0.2 per cent) to INR486. In the BSE market of 4901 stocks, the stock has a six-month relative strength of 87 Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12350 Prism Cement declined INR1.05 (or 2.8 per cent) to INR36.90. Compared with the BSE Sensex Index which fell 352.4 points (or 2.2 per cent) on the day, this represented Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12327 Italcementi SpA expects its sales to rise 6.5 per cent on average in the coming years Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12326 The Securities Appellate Tribunal has set aside an order passed by the Securities and Exchange Board of India against Holcim (India) Pvt Ltd Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12337 The IPO of Niraj Cement Structurals Limited has received total bids for 56.57 lac equity shares and was subscribed 1.74 times by 5.30pm on the closing day. Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12311 Taiwan Cement Corp said its unit TCC International Ltd booked a gain of TWD270.38m on the sale of a total of 1.11m H-shares of China’s Anhui Conch Cement Co Ltd. Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12319 The Portland Cement Association (PCA) named John M. Prentice to the newly created position of vice president of industry liaison Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12318 Haver & Boecker has announced the establishment of subsidiary office in the United Arab Emirates. Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12322 Moody’s Investors Service has today assigned a Baa1 issuer and senior unsecured long-term debt rating to Holcim Ltd Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12316 TPI Polene (TPIPL) informed the SET yesterday that the special public prosecutor of the Office of the Attorney General said TPIPL Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12300 Colombia’s largest cement company Cementos Argos SA has borrowed US$150m from the Andean Development Corp and China Development Bank to Wed, 28 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12284 The net profit of Kuwaiti cement producer Hilal Cement declined to KWD669,307 (US$2.5m) in the first three months of 2008 Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12282 Cement Hranice netted Kc859.1m last year, an improvement from Kc763.1m net profit in 2006, Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12287 Egypt’s Capital Market Authority said on Sunday it agreed to Torah Portland Cement’s plan for a two-for-one share split, which would take the total number of shares in the company to 47.68 Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12275 Colombia’s largest cement company, Cementos Argos SA, Thursday sold COP80bn (US$45m) worth of commercial notes, the company told the securities regulator. Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12272 CRH announces the appointment of Mr. Myles Lee as Group Chief Executive Designate. Mr. Lee will succeed the current Chief Executive, Mr. Liam O’Mahony, when he retires as previously announced at Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12271 Investigators gathering evidence over alleged cement price fixing in the UK have been boosted by Heidelberg, Lafarge, Holcim, Cemex and three other cement producers losing their court bid in Germany t Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12266 Australian James Hardie Industries, the largest seller of home siding in the US, today posted a full-year loss as the slump in US housing market deepens. Sydney-based Hardie said its net loss was $US7 Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12249 JK Cement, one of the largest cement manufacturers in North India and the second largest white cement producer in the country, announced a marginal fall in standalone net profit for the fourth quart Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12251 Two of India most valuable companies Larsen and Toubro Ltd (L&T) and Grasim Industries Ltd, which have been at loggerheads since the early 2000s over cross-holdings, are facing another contentious iss Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12254 Malaysian cement companies attracted attention yesterday following speculation that the industry will be the next to be liberalised after the steel industry. Analysts are positive that a cement price Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12238 Holcim has announced that Barclays has cut its stake in the group to below the 3 per cent reporting threshold. The Swiss cement maker also said that UBS currently holds a stake of 3.16 per cent in H Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12240 CRH plc announces that on 19thMay 2008 that UBS Limited purchased, on behalf of the company 71,522 Ordinary Shares of EUR0.32 each in CRH plc at prices between EUR24.317and EUR24.60 per Ordinary Shar Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12241 Lafarge has set guidance on its planned two-part euro bond that will help refinance its purchase of Egypt’s Orascom Cement, an official at one of the banks managing the sale said on Monday. Lafa Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12242 Shares of Asia Cement (China) Holdings were up 44% at the midday break on their Hong Kong debut Tuesday, boosted by strong demand for cement to be used in reconstruction after last week’s eart Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12244 After a flurry of mergers and acquisitions – CRH acquiring My Home Industries for $462 million, Lafarge buying L&T Concrete’s RMC business for $349 million and Heidelberg consolidating its business Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12246 Shares of Asia Cement (China) Holdings were up 44% at the midday break on their Hong Kong debut Tuesday, boosted by strong demand for cement to be used in reconstruction after last week’s eart Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12229 Ukrainian News reports that Kryvyi Rih Cement is intending to merge Dontsement and Cement of Donbas in Donetsk region. In December Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12228 Recent financials by UK cement majors, Holcim, Lafarge and Heidelberg indicate signs of weakening sales in the UK. Heidelberg, Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12227 Egypt’s South Valley Cement reported a 16.3 per cent decline in first-quarter net profit to 46.5 million Egyptian pounds ($8.7 million), the stock exchange said on Sunday. The company made a net Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12214 Lafarge Malayan Cement Bhd has appointed Bi Yong Chungunco as its president and chief executive officer with effect from May 5, 2008. Thu, 15 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12196 The export ban on cement in India has led to a fall in prices, hitting the industry hard. This has also led to a free-fall in prices of cement stocks Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12182 Asia Cement (China) Holdings has raised US$238 million in a Hong Kong initial public offering Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12171 Birla Corporation has reported a 14.46 per cent dip in net profit in the quarter ended March 2008 to Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12136 Shareholders of Egypt’s South Valley Cement approved a two-for-five stock dividend, the firm said in a statement to the stock exchange on Sunday. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12133 Portuguese investment bank BPI will reconsider its estimates and expectations about local construction group Semapa, after the presentation of the first quarter 2008 earnings results, Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12132 Ken Allen has been named vice president of finance and chief financial officer of Texas Industries, Inc, effective August 1. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12129 The rising prices of crude oil and coal have driven down operating gross profit margins for Taiwan Cement Group’s Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12127 Vulcan Materials Company announced first quarter net sales were US$772m compared to US$630m in the first quarter of 2007. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12126 Prosperity which operates a cement manufacturing business in the People’s Republic of China and an iron ore business serving the same market Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12109 Egypt’s Orascom Construction Industries said its net income in 2007 grew by almost half from the previous year on a record number of construction contracts. Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12108 Saurashtra Cement announced a substantial rise in standalone net profit for the quarter ended March 2008. Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12090 Siam Cement PCL, Thailand’s biggest industrial conglomerate, is expected to post a 21 per cent drop in first-quarter earnings Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12078 Saudi Cement Company’s first quarter income rose by 2.7% YoY on higher sales, though the growth in profit Mon, 28 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12073 Siam Cement SCC.BK, Thailand’s top industrial conglomerate, said on Friday it plans to raise an additional Fri, 25 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12071 Mexican cement maker Cemex SAB isn’t overly exposed to a nationalization of its Venezuela operations because it’s only a small part of its global operations Fri, 25 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12067 Cementos Argos SA, Colombia’s largest cement company, said Wednesday its consolidated net profit rose in the first quarter to US$42m, Thu, 24 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12047 Lucky Cement Ltd said Monday it plans to raise funds soon by selling global depository receipts. Tue, 22 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12040 Saudi Cement Company , Saudi Arabia’s largest cement maker, said first-quarter income rose 2.7 per cent on higher sales, though the growth in profit is one of the industry’s lowest. Mon, 21 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12024 Taiwan-based Asia Cement Corporation plans to spin off Asia Cement Holdings, its business in Mainland Thu, 17 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11992 Groupe Bruxelles Lambert bought 50,000 shares in French cement company Lafarge for a total of EUR5.47m Fri, 11 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11986 Fitch Ratings Ltd on Wednesday revised its rating outlook on Siam Cement Public Co Ltd, Thailand’s largest industrial group, from stable to negative. Thu, 10 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11989 Australian cement company Adelaide Brighton Ltd said Thursday it expects net profit to rise 9.7% this fiscal year. Thu, 10 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11978 Egypt’s South Valley Cement achieved a net profit of E£582.2m (US$107m) in 2007, Wed, 9 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11976 Saudi cement producer Yamama Cement Company (YCC) saw its net profit go up 14 per cent YoY to SAR197.5m (US$52.7m) Wed, 9 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11965 Nassef Sawiris, NNS Holding Sarl and NNS Holding increased their stake in Lafarge on March 27 to Mon, 7 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11933 Cemex, may have to sell up to $2.7 billion in assets, according to a report from Reuters, to repay Wed, 2 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11932 The growth of the Brazilian civil construction market buoyed the results in 2007 of Camargo Corrêa Cimentos. Wed, 2 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11931 Cement company Lafarge Aslan Cimento informed that it participated in the capital increase of its subsidiary Wed, 2 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11917 Alexandria Cement made a consolidated net profit of E£174.14m (US$31m) before minority interest in 2007 Mon, 31 Mar 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11923 Benue Cement Co Plc, Nigeria said full-year profit slumped 59 per cent on lower sales. Mon, 31 Mar 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11925 West China Cement (WCC), based in the western Chinese province of Shaanxi, announced its preliminary results for the year ended 31 December 2007. Mon, 31 Mar 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=11912 In the nine months to the end of February, Texas Industries generated at turnover 3.8% ahead at US$762.5m, Fri, 28 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11909 Buzzi Unicem SpA said full-year net profit rose about 31 per cent from a year earlier, Fri, 28 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11898 Sales at Holcim (Slovensko) decreased negligibly to Sk3.81bn last year from Sk3.85bn in 2006, the company has announced. EBITDA increased by 22 per cent. Wed, 26 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11897 Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR62.32m worth Wed, 26 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11890 Lafarge’s Greek unit, Heracles General Cement Company SA, said full year group net profits grew 11.4 per cent YoY to EUR67.8m, weighed down by EUR31.7m in investments. Tue, 25 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11888 Texas Industries Inc said Monday that it entered into an unsecured $150 million senior term loan with a group of lenders. Tue, 25 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11852 Tangshan Jidong Cement Co, Ltd contributed RMB368M in net profits to its parent company in 2007, Mon, 17 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11830 CIMB Research said on Friday it has downgraded the Malaysian cement industry to "neutral" from Fri, 14 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11836 Allied Bank Limited has arranged multiple financing facilities worth Rs13 billion for Maple Leaf Cement Factory Limited (MLCFL). Fri, 14 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11816 The family-owned French cement group Vicat announced at its annual results presentation yesterday that its CEO Wed, 12 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11792 Cemex, whose shares have been hurt by a sagging U.S. market, could be poised for a rebound due to Mon, 10 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11789 ABB Switzerland Ltd has announced that it has merged with immediate effect its analyzer and software businesses for the cement industry. Mon, 10 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11788 Thermo Fisher Scientific Inc has announced the opening of its new facility in Adelaide, South Australia. Mon, 10 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11774 Cemex said Wednesday it has identified recurring cost synergies of about $400m as it integrates Rinker, which it bought last year for $15.3bn. Thu, 6 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11734 Uniland, in which CRH has a 26.3 per cent stake, saw its earnings before interest and tax soar 28.5 per cent to EUR170.9m as sales rose 13.7 per cent to EUR648.2m. Mon, 3 Mar 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11727 The Directors of Readymix PLC announce that Ignacio Ortiz has resigned as a Director of the Company for business reasons and Fri, 29 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11709 Ambuja Cement Ltd has bagged the Dun & Bradstreet - American Express Corporate Awards 2007 Wed, 27 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11694 Siam Cement’s earnings outlook is expected to remain "constrained", given the expected pressure on Tue, 26 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11698 Semapa SGPS said net profit increased 33 per cent to EUR122m in the full year to December, up from EUR91.4m in 2006. Tue, 26 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11681 Siam Cement PCL (SCC.TH), Thailand’s largest industrial conglomerate by revenue, has set a coupon of 4.25% Mon, 25 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11660 Carpatcement, a Romanian unit of HeidelbergCement reported a 31% rise in 2007 Wed, 20 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11632 The management board of cement producer Jordan Cement Factories Co (JCFC) said at a meeting on February 12, 2008 Thu, 14 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11585 Nigeria’s highest manufacturing cement company, Obajana Cement will soon be listed on the Nigerian Stock Exchange (NSE) Wed, 6 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11580 Groupe Bruxelles Lambert (GBL) has acquired an additional 0.35 million shares Wed, 6 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11569 Cimpor said in a regulatory filing late Monday that its Spanish peer Bipadosa SA had raised its stake in its share capital to just over 5%. Tue, 5 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11562 India’s third biggest cement maker Ambuja Cements Ltd on Friday reported an increase of about 29% in its consolidated net profit in 2007 Mon, 4 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11560 Union Cement Company achieved increase in sales revenue of AED 675m compared to AED 401m last year which 70% higher than last year Mon, 4 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11549 Saudi cement producer Arabian Cement Company (ACC) has called an ordinary general meeting for February 27, 2008 Fri, 1 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11548 Portuguese businessman Joe Berardo has acquired an almost one per cent stake in Cimpor and is targeting hiking his stake in the cement maker. Fri, 1 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11547 Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials declined by 13.9% to US$677.4m Fri, 1 Feb 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11533 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, Thu, 31 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11534 The China Securities Regulatory Commission said it has approved Anhui Conch Cement’s Thu, 31 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11535 China National Building Material Co Ltd (CNBM), the country’s No. 2 cement maker, plans to issue up to Thu, 31 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11536 Jurong Cement Ltd’s unit Sin Chang An Holdings Ltd. has signed a deal to sell its entire 60% stake in Zhejiang Shanying Cement Co. Ltd. Thu, 31 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11537 French banks Societe Generale and BNP Paribas and the Australian and New Zealand Bank (ANZ) signed a contract on Jan. 30 Thu, 31 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11539 Thang Long Cement Joint-Stock Co. 2 has obtained three loans totaling US$240m from ANZ Banking Group, BNP Paribas and Societe Generale Thu, 31 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11527 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 Wed, 30 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11528 Mitsubishi Materials Corp. said Wednesday its US unit will raise its interest in California-based Robertson’s Wed, 30 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11521 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 Wed, 30 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11529 Holcim Romania, reported a preliminary turnover of 990 million lei Wed, 30 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11514 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 Tue, 29 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11484 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 Thu, 24 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11479 Siam Cement PCL , Thailand’s top conglomerate, expects a 10 per cent rise in sales this year from 2007, Thu, 24 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11476 Arabian Cement has successfully offered 10 million new shares at a price of SR50 per share through a Wed, 23 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11465 Siam Cement PCL is expected to report a flat 2007 net profit, with higher production costs and sluggish domestic demand offsetting one-time gains. Tue, 22 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11469 Saudi Cement Co reported a nine per cent rise in fourth-quarter profit on higher productivity and sales. Tue, 22 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11470 Qatari Gulf Cement Company plans to retain its net profit of QAR32.3m (US$8.9m), according to preliminary figures for 2007 Tue, 22 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11455 Lafarge shareholders approved the nomination of representatives from its two largest shareholders to the French company’s board of directors. Mon, 21 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11454 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. Mon, 21 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11449 Gulf Cement Company has reported a net profit of QR32.3m in 2007 and said it was proposing to convert itself Mon, 21 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11447 Aditya Birla Group company UltraTech Cement today posted a 32 per cent rise in net profit at Rs 279 crore for the quarter ended December 31, 2007 Mon, 21 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11441 Cement manufacturer Circle Cement Limited will start trading on the Zimbabwe Stock Exchange as Lafarge Cement Zimbabwe Limited Fri, 18 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11438 Siam City Cement (SCCC) is expected to announce very weak 4Q07 earnings of just Bt575mn (EPS Bt2.5), down 22% QoQ and 11% YoY. Fri, 18 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11420 The shareholders’ meeting of Italian cement group Cementir, a unit of local construction company Caltagirone, increased its board members to 15 from 13, the company said. Wed, 16 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11431 The Managing Board of HeidelbergCement AG has resolved, subject to the consent of the Supervisory Board, to make use of the authorised capital and to implement a cash capital increase Wed, 16 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11411 Holcim was conspicuously absent from a round of industry consolidation in 2007, but its big cash pile means it could acquire a rival in the coming months, according to an analysis report from Reuters. Tue, 15 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11398 Siam Cement (SCC) is expected to report a disappointing 4Q07 normailised earnings of just Bt5,009mn (EPS Bt4.17), down 11% qoq but stable yoy. Mon, 14 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11397 Australia and New Zealand Banking Group Ltd and Calyon yesterday committed US$96.4m to the Ha Tien 2.2 Cement Production Line project. Mon, 14 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11395 In its first half of its financial year to the end of November, Texas Industries managed to improve its Fri, 11 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11390 The shareholders of Kryvyi Rih Cement, one of the five biggest cement producers located in Dnipropetrovsk region, Fri, 11 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11389 rish cement maker Readymix PLC, part-owned by Cemex Fri, 11 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11387 Heidelberg Cement AG hit a 52-week low of €90.01 during the day. Fri, 11 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11377 CRH plc announces that on 9th January 2008, UBS Limited purchased, on behalf of the Company, 85,672 Thu, 10 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11381 SCC is expected to announce a 4Q07 net profit of Bt5.2bn, up 11.4% YoY but down 31.1% QoQ. Thu, 10 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11382 China National Building Material Co., Ltd is set to acquire six cement and clinker manufacturers for CNY 3 billion. Thu, 10 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11366 Shree Cement Ltd reported a 66.35 per cent fall in Oct-Dec net profit due to high depreciation costs, a top official said on Tuesday. Wed, 9 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11363 Binani Industries Ltd said on Tuesday its board will meet on January 19 to consider raising upto $125 million through the equity or debt route by its subsidiary, Binani Cement Ltd. Wed, 9 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11346 Texas Industries, Inc reported net income for the quarter ended November 30, 2007 of $29.3 million ($1.05 per share). Mon, 7 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11342 The Board of Directors of Lafarge S.A has approved the acquisition of OCI Cement Group, the cement unit of Orascom Construction Industries (OCI). Fri, 4 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11339 The shares of Burnpur Cement Ltd listed at Rs 15 on Thursday, up 25 per cent from its issue price of Rs 12. Its shares were trading at Rs 25 Thu, 3 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11340 CRH plc today issued its trading statement for the year ended 31 December 2007. Thu, 3 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11310 Yanbu Cement, Saudi Arabia’s fourth largest cement firm by market value, posted a 1.6 per cent rise in fourth-quarter net profit Wed, 2 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11311 TCC International Holdings (TCCIH) and Chia Hsin Cement Greater China (CHCGC) said trading in CHCGC shares was suspended with effect from 31 October 2007 Wed, 2 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11312 Arabian Cement of Saudi Arabia said on Saturday it will sell SAR500m (US$133.3m) worth of shares to its shareholders in a 14.3 per cent capital increase, it said on Saturday. Wed, 2 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11323 Equity shares of Burnpur Cement Ltd will list on Bombay Stock Exchange in the B1 Group of securities from Thursday, January 3. Wed, 2 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11325 CRH is likely to post a pre-tax profit of around E1.9 billion for the full year 2007 when it reports tomorrow, a Davy Research note said today. Wed, 2 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11328 After years of effort to extend operations to mainland China, Taiwan’s two leading cement conglomerates, including Taiwan Cement Corporation and Asia Cement Corporation Wed, 2 Jan 2008 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11299 The Azerbaijan Investment Company ((AIC) has reached an agreement with the shareholders of the Garadagh Cement Joint Sun, 30 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11294 Greece’s Titan Cement said that its Interbeton Construction Materials has signed an agreement to acquire 100 per cent of ready Sun, 30 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11295 Arabian Cement, Saudi Arabia said the sale of shares in a 14.3% capital increase will raise its paid-up capital to $213.4 million. Sun, 30 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11296 No progress has been reached in cement factory negotiations between Azerbaijan Investment Company and France’s Lafarge Sun, 30 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11287 Taiwan shares rose Tuesday for the third-consecutive session led by food and cement gains. The Weighted Price Index of the Wed, 26 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11289 Leading foreign funds such as Fidelity, ABN Amro, HSBC, Nomura Asset Management Fund and Emerging Market Fund have together Wed, 26 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11277 The building materials sector has bright prospects going forward boosted by a rise in construction activities from the Mon, 24 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11280 Emirates International Investment Company (EIIC) is to establish a US$408 million (AED1.5billion) clinker-cement factory Mon, 24 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11269 Titan Cement SAsaid Thursday that Chief Financial Officer Howard Prince-Wright has resigned and will leave the company in March 2008 after a six-year tenure. Fri, 21 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11268 India Cements plans to issue equity shares to qualified institutional buyers to raise Rs 592.50 crore, according to information provided by the company to the stock exchange. Fri, 21 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11261 Huaxin Cement Co Ltd said its shareholders have approved a revision in the pricing of new shares to be issued to Holchin BV, a wholly-owned unit of Holcim. Thu, 20 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11255 Nine month 2007 revenue levels at Shurovsky Cement have moved up 72.2 per cent to US$94.3m Wed, 19 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11257 UAE Ras al-Khaimah’s Union Cement Company (UCC) targets to raise its holding in Ras al-Khaimah Energy (RAK Energy) Wed, 19 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11250 Asia Cement Corp (1102.TW) said its board of directors has approved the sale of US$250m of exchangeable bonds. Tue, 18 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11247 Danish FLSmidth has appointed Kimmo Vesamäki to the position of Vice President, Research & Developmen Tue, 18 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11241 The BOD of South Valley Cement has endorsed the credit facility agreement that will be financed by a group Tue, 18 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11231 Cemex expects EBITDA for the quarter ending December 31, 2007 to be close to US$1,100 million, an increase of about 18% versus the same period last year, Mon, 17 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11234 Lafarge will hold an extraordinary general meeting (EGM) on January 18 to approve a capital increase that is part of its agreed takeover of Egypt’s Orascom Cement. Mon, 17 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11224 The initial public offer of Burnpur Cement Limited (BCL), one of the established cement manufacturers of Eastern India, has been subscribed 15.19 times. Thu, 13 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11223 China National Materials Co., the world’s largest provider of cement engineering services and equipment, raised HK$4.19bn Thu, 13 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11221 The buyout of South Africa-based cement producer Holcim South Africa will be backed by roughly EUR1bn worth of high-yield bonds Thu, 13 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11220 The BOD of South Valley Cement (SVCE.CA) has decided on its meeting, held 08/11/2007, to invite shareholders to a rights issue to increase the companys capital from Thu, 13 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11209 Group Brussel Lambert said Tuesday it was ready to increase its stake in Lafarge to 20-30 per cent over time, a day after the French company announced a deal to buy Egypt’s Orascom Cement. Wed, 12 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11206 Bim Son Cement Joint Stock Co. Wednesday said it plans to sell 4.27 million existing shares - equivalent to a 4.74% stake - on December 25. Wed, 12 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11203 Peru’s largest cement producer, Cementos Lima SA, expects its sales to be between 13% and 14% higher this year than last year, director general Carlos Ugas said Tue, 11 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11176 For the nine months ended September 30, 2007, Fujairah Cement Industries (FCI) reported an 11.7 per cent increase in net profit to Dh135.98 million from Dh121.71 million in 9M06. Mon, 10 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11172 Holcim said it has increased its stake in Ambuja Cements by 13 per cent to 46 per cent for US$780m through an open offer. Fri, 7 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11161 TPI Polene, Thailand’s third largest cement firm, said on Thursday it had delayed a plan to refinance around 8bn baht (US$264m) of debt Thu, 6 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11164 The annual general meeting (AGM) of Egyptian company Alexandria Cement approved on December 5, Thu, 6 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11163 Heidelberg Cement AG has strengthened above its trend. The 200-day moving average price (MAP) was €110.60. Thu, 6 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11162 Cementir traded between an intraday low of €6.35 and a high of €6.41. Thu, 6 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11160 Shares of PT Holcim Indonesia continued to surge Thursday after brokerages recently Thu, 6 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11145 Cement manufacturing companies are facing a tough time in the current quarter as cement prices move south, while the cost of power and coal move north. Wed, 5 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11146 Despite the uncertainties posed by mainland austerity measures and a chilly response to some recent initial public offerings, the upcoming initial public offering for China National Materials (Sinoma) Wed, 5 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11148 The Aditya Birla Group: Cement production in November has fallen 8.30 per cent to 2.34Mt against 2.52Mt in October. Wed, 5 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11149 Huaxin Cement Co., Ltd, a listed cement producer based in Huangshi City, Hubei Province, Central China, determined to raise the share selling price to Holchin B.V Wed, 5 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11150 CRH has scaled down immediate ambitions for its US expansion by acquiring only a fraction of the US$3.5bn US$4.5bn Wed, 5 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11147 Holcim Ltd, world’s second largest cement-maker, today said it has increased its stake in Ambuja Cements by 13 per cent to 46 per cent Wed, 5 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11134 PT Holcim Indonesia has been upgraded to a "buy" from "hold", with the stock’s target price raised by 166 Tue, 4 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11133 Holcim said it has expanded its stake in Indian cement maker Ambuja Cements Tue, 4 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11116 According to China Knowledge Press, Huaxin Cement Company Limited is reportedly considering an investment offer from an overseas company and has stopped stock trading temporarily. Mon, 3 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11112 A director of PT Semen Gresik Tbk has filed his resignation plan to the company’s board and the company plans to arrange extraordinary general meeting of shareholders on December 10 2007. Mon, 3 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11113 China’s largest cement production equipment manufacturer China National Materials Group Corporation (Sinoma) has chosen 6 investors to take up 20% stake Mon, 3 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11114 talcementi added €16.0cents (1.1%) to €14.14. Mon, 3 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11115 CRH has acquired ready-mixed concrete businesses in Florida from cement giant Cemex in a deal worth US$250m (€170m, writes Richard Curran. Mon, 3 Dec 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11101 Egypt’s National Cement posted a 39 percent drop in net profit to E£55.5m ($10.04m) in the first quarter of the fiscal year Fri, 30 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11100 Dangote Industries Limited, the holding company for the Dangote Group, the largest industrial conglomerate in West Africa and one of the largest in Africa has announced the appointment of Mr. Tony Fri, 30 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11099 Lafarge Malayan Cement has registered a 77.2 per cent jump in nine-month pre-tax profit to RM245.713m (US$72.7m) from RM138.688m Fri, 30 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11094 Burnpur Cement Ltd, a West Bengal-based cement manufacturer, is foraying into the capital market with an IPO of 2,19,00,000 equity shares of Rs 10 each for cash at a premium of Rs 2 per share Thu, 29 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11097 Asia Cement Corp., Taiwan’s second-biggest cement maker, will spin off its China unit to raise $300m in a Hong Kong initial public offering in the first quarter, Thu, 29 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11075 US investment bank Morgan Stanley has become the holder of a 2.67 per cent stake in the the share capital and 2.799 per cent in the voting rights of Semapa. Tue, 27 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11073 The government refuses to approve plan by state-owned cement maker PT Semen Gresik to issue convertible bond (CB) to finance the construction of new cement factories. Tue, 27 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11062 Irish cement-maker Ecocem has appointed accountant and former Bank of Ireland governor Laurence Crowley as its chairman. Mon, 26 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11066 JK Lakshmi Cement Ltd (JKLC) has posted a net profit at Rs 142 crore during six months of the current fiscal as compared to Rs 66 crore in the corresponding period of the previous year. Mon, 26 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11070 The latest Euroconstruct Conference held in Vienna, issued its revised forecasts for 19 European construction markets for 2007 to 2009 and released new forecasts for 2010. Mon, 26 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11052 YTL Cement Bhd registered a higher pre-tax profit of RM76.443 million for its first quarter ended Sept 30, 2007 from RM52.696 million in the Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11054 According to the US Department of Justice’s web-site, Cemex has being given a 21-day extension for it to divest of its 39 rmc, concrete block and aggregates facilities in Florida and Arizona, Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11041 In 3Q2007, net income of Moscow-based Lafarge Cement rose by RUR304,598,000, or 93%, compared with the second quarter of 2007. Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11042 Irish Cement manufacturer Readymix has paid €11.5m in cash to acquire Tipperary-based firm Denis Tarrant & Sons. An aggregate and ready-mixed concrete producer, Denis Tarrant reported turnover last ye Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11044 Siam Cement Group (SCG), one of the largest conglomerates in the region, is freezing investment plans for new projects in the Philippines, saying it will focus more on mergers and acquisitions. The Da Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11050 The Hanoi Securities Trading Centre on November 30 will auction nearly 17.8 million shares in Hoang Mai cement company Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11051 India’s JK Lakshmi Cement Ltd, belonging to JK Group, today said the company has come out of the Corporate Debt Restructuring (CDR). Fri, 23 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11038 Steppe Cement Ltd said non-executive chairman John Richardson sold 440,000 shares Thu, 22 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11024 Indian cement maker ACC Ltd said on Wednesday it had sold surplus assets, including land in the northern Haryana state, for INR2.05bn (US$52m). Wed, 21 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11014 The board of India cements on Monday decided to raise a maximum of $150m including premium by way of issue of equity/ equity-linked securities in the Indian/international markets. Tue, 20 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11015 EBITDA for The Monarch Cement Company for its quarter ended September 30, 2007 was $11,000,675, Tue, 20 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11016 Egyptian company Ameriya Cement booked a consolidated net profit of E£242.4m (US$43.9m) in the first nine months of 2007, against E£238.7m Tue, 20 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11012 Taiwan Cement Corp aims to raise the return on equity (ROE) to 25 pct from the current 12-13 per cent, Mon, 19 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11009 French building materials group Saint-Gobain said on Friday it had never approached cement giant Lafarge about a possible merger and reaffirmed its commitment to sell its packaging unit in 2008. Mon, 19 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11006 Vulcan Materials Co has closed its acquisition of Florida Rock Industries, Inc, for total consideration to Florida Rock shareholders of approximately $4.2bn based on the closing price of Vulcan stock Mon, 19 Nov 2007 00:00:00 +0000 http://www.cemnet.com/members/news/story.aspx?id=11005 HeidelbergCement AG (HEI.XE) is still considering selling a hybrid bond to help fund its acquisition of U.K.-based Hanson, Mon, 19 Nov 2007 00:00:00 +0000