Cement News tagged: Corporate
Pakistan’s DG Khan Cement 1Q loss
DG Khan Cement Ltd., Pakistan’s second-biggest producer of the building material, reported a first-quarter loss because of higher loan costs.
ACC: Low demand, high costs
According to reports from India’s Business Standard newspaper, management at the Rs 7,067-crore ACC believes that the economic environment is turning unfavourable as growth of cement consumption
Cementir Holding SpA Substantial shareholder buys
Cementir Holding SpA substantial shareholder Chupas 2007 Srl bought 16,903 shares worth Euro44,531 on October 16, 2008. The last price was Euro2.63.
Buzzi Unicem SpA director buys shares
Buzzi Unicem SpA director Alvaro Di Stefano bought 4,500 shares worth Euro38,128 on October 17, 2008. The last price was Euro8.47.
Thailand’s TPI Polene (TPIPL): 3Q08 results
TPIPL reported 3Q08 earnings of Bt576mn, up 28.1% YoY and turning from a loss of Bt6.8bn in 2Q08. Its normalised profit was Bt567mn, up 10.2% YoY but down 6.6% QoQ.
Saudi Cement Q3 profit down 9.2 per cent
Saudi Cement Company, Saudi Arabia’s largest cement producer, said third-quarter profit fell 9.2 per cent to miss analysts’ forecasts, due to a decline in export revenues and increase in p
St. Marys Charlevoix plant to lay off 80 as of Dec. 1
St. Marys Cement Plant in Charlevoix announced Thursday that it would be laying off about 80 percent of its hourly workforce by Dec 1.
Export ban bites into Saudi cement firms Q3 profits
Saudi Arabia’s largest cement firm by market value on Wednesday blamed a near-25 per cent in third-quarter profit on an export ban amid signs that
PPC announces two executive appointments
PPC announces the appointment of Kgathola Ngoasheng as Executive: Supply Chain Services to succeed
Cementir Holding SpA director buys shares
Cementir Holding SpA director Riccardo Nicolini bought 2,665 shares worth Euro6,742 on October 17, 2008. The last price was Euro2.53.
Egypt’s South Valley Cement plans rights issue
Egypt’s South Valley Cement said on Tuesday it planned to increase its capital by roughly E£518m ($93m) through a rights issue.
TXI shareholder gains clout in boardroom battle
Texas Industries Inc.’s largest shareholder apparently won support Tuesday in his battle against company management,
Asia Cement net profit up 64% to RMB301m
Asia Cement today announced its unaudited third quarter results for the nine months ended 30 September 2008.
Siam Cement Q3 net profit down 21 per cent
Siam Cement PCL (SCC), Thailand’s biggest industrial conglomerate, reported a worse-than-expected 21 per cent fall in quarterly net profit on Wednesday as a weak economy undermined cement demand
Go for cement cos with focus on South, West India?
According to a report by the Economic Times of India, a clear pattern is evident in terms of cement market trends, if one goes by the results declared by cement companies
West China Cement announces new finance director
West China Cement Ltd said it has appointed Po Ling Low as finance director with immediate effect.