Cement News tagged: Corporate

Zambrano in New York, but not China

16 April 2004, Published under Cement News

Lorenzo Zambrano seems to be one of the few global chief executives not rushing into China - at least not yet. Such caution is uncharacteristic for Mr. Zambrano, the man who built Cemex into the world

Egyptian National Cement extends bid

15 April 2004, Published under Cement News

Egypt’s National Cement Company (NCC), an affiliate of the state-owned Chemical Industries Holding Company (CIHC), has extended to May 16, 2004 the deadline for submitting offers in a sealed-bid

Alexandria Portland Cement

14 April 2004, Published under Cement News

Alexandria Portland Cement, Egypt announced the release of FY03 results ending December,wherein the company sported a top line figure of LE235.3 million, illustrating a growth of 20.7 per cent over th

Egyptian Ameriya Cement to raise capital

14 April 2004, Published under Cement News

Egyptian cement company Ameriya Cement will increase its capital to E£300m ($48.7m) from E£100m($16.2m), it was reported on April 13, 2004.

More concrete for Siam Cement

More concrete for Siam Cement

13 April 2004, Published under Cement News

CPAC Concrete Products, a unit of the Siam Cement Group, yesterday outlined plans to invest a total of 500 million baht this year to expand its five factories to support revenue growth. The move woul

Turkish Bursa Cimento

13 April 2004, Published under Cement News

The management board meeting of Turkish cement and clinker producer Bursa Cimento decided on April 8,

Egyptian Sinai Cement goes for more loans

Egyptian Sinai Cement goes for more loans

13 April 2004, Published under Cement News

Egyptian cement producer Sinai Cement will receive loans worth a total 245 mln Egyptian pounds ($39.8m) from the National Societe Generale Bank (NSGB) and HSBC Bank Egypt, it was reported on April 4,

Good interest in Saadi Cement stake

13 April 2004, Published under Cement News

Pakistan: Several companies have shown interest in buying 51 per cent stake in Saadi Cement Ltd to help the company to run commercially. Faysal Bank Ltd, the financial adviser of the cement company, b

Holcim’s capital hike less dilutive than expected

13 April 2004, Published under Cement News

Holcim will issue fewer new shares than expected in a capital increase to raise 1.5 billion Swiss francs ($1.18 billion), the world’s second biggest cement group said on Thursday, easing concern

Dirty tricks at Karaganda

13 April 2004, Published under Cement News

Shareholders of Central Asia Cement enterprise (former Karaganda cement plant) are judicially deciding the right to own the property. Last Monday in Karaganda a press conference devoted to internal pr

Arabian Cement Co reports increase in Q1 net income

13 April 2004, Published under Cement News

The Jeddah-based Arabian Cement Co. announced that its first quarter net income grew by 32.2 per cent to reach SR 60 million ($16m), compared with SR 45 million ($12m) in the same period a year earlie

EPF buys 1.74m additional shares in Lafarge Malayan Cement

09 April 2004, Published under Cement News

The Employees Provident Fund (EPF) has raised its stake in cement maker Lafarge Malayan Cement Bhd by buying an additional 1.74 mln shares between March 11 and 24 on the open market, the company said.

SCCC: share repurchase

09 April 2004, Published under Cement News

Cumulative number of shares repurchased to date 9,268,800 shares or equal to 3.7075% of paid-up capital which is 2,274,322,000.00 Baht in total. Lowest price (Baht/share): 240.00 Repurchase or Highe

Holcim sets 1-for-7 share issue

09 April 2004, Published under Cement News

Holcim will offer shareholders one new share for every seven held at a price of 52 Swiss francs ($41) under a capital increase to raise 1.5 billion francs, the cement group said on Thursday. Detailin

Spain Megasa buys small stake in Cimpor

09 April 2004, Published under Cement News

Spanish steel manufacturer Metalurgica Galaica SA (Megasa) bought a 1.99 per cent stake in Portuguese cement producer Cimpor for 56.2 mln euro ($67.9m) on April 7, 2004. Megasa bought 13.4 million Ci

L&T cement division demerger to be over by June

09 April 2004, Published under Cement News

Larsen & Toubro today said the process of demerging its cement division into a separate company Ultra Tech CemCo would be over by the middle of this year. "The process of cement division demerger is