Cement News tagged: Corporate
Morgan Stanley raises Indocement target
Morgan Stanley raises Indocement target price to IDR18,000 from IDR16,850, on strong 2Q results,
Cementos Portland extends maturity of EUR150m loan
Spanish cement producer Cementos Portland Valderrivas reached an agreement with its creditors for the
Vicat: solid performance in a mixed environment
First half 2010 consolidated sales at French-based Vicat were €985m, up 2.4% compared with the
ACC appoints new CEO, India
The Board of Directors of ACC have today appointed Mr Kuldip K Kaura as CEO & Managing Director of
Misr Cement Qena posts 14% net rise
Egypt’s Misr Cement Qena posted a 14.2 per cent rise in net profit for the first half of 2010, the stock
A TEC and GRECO join forces for new venture
Austrian pyroprocess specialists A TEC and Brazilian combustion company GRECO are joining forces to
Deutsche Bank cuts Italcementi price target to EUR 6.50
Deutsche Bank has revised down to EUR 6.50 from EUR 7.00 the share price target on Italian cement
Siam City Cement: volume-driven growth in 2Q10
Siam City Cement (SCCC) posted a 2Q10 net profit of Bt731mn that marks a rise of nine per cent YoY and a
RAK Co. for White Cement see sales and costs rise
Ras Al Khaimah Company for White Cement & Construction Materials saw a 43% fall in net profits for
Dyckerhoff sees 5% fall in group sales
Dyckerhoff has reported that it could not totally make up for the volume declines of the first quarter. In
Steppe Cement 1H revenues up 20%, Kazakhstan
Steppe Cement, a Kazakhstan-focused cement producer, said its first-half revenues rose by 20% to
Cemex appoints new director at Rugby plant, UK
Cemex has appointed a new director at its flagship cement plant in Rugby Warwickshire.
Fino to buy back shares in Cimpor – report
Portuguese entrepreneur Manuel Fino wants to buy back his shareholding in home cement producer
GCC profits slump 63.7% in 2Q
Mexican producer Grupo Cementos de Chihuahua reported net profits of MXP86.5m (US$6.82m) in 2Q,
Texas Industries planning to refinance up to US$550m of debt
Texas Industries Inc. (TXI) announced a tender offer to buy back US$550m of notes maturing in 2013 as
Thai Siam Cement 2Q group net up 6.7%
Siam Cement Pcl (SCC) Thailand’s biggest industrial conglomerate, posted a better-than-expected 6.7 per