Cement News tagged: Corporate
Siam Cement Q2 profit down but beats forecast
Siam Cement PCL (SCC), Thailand’s biggest industrial conglomerate, reported an 18 per cent fall in quarterly net profit on
AfriSam ties up deal with R6bn funding
Construction materials group AfriSam said on Friday it was ready to grow its business now that it had secured ZAR6bn in equity investment funding from the Public Investment Corporation (PIC).
Goldman cuts Anhui Conch, CNBM to sell
Goldman Sachs cut China’s Anhui Conch and China National Building Materials to sell from neutral, citing a gloomy outlook for the country’s cement industry.
PPC: new appointment to the board
The board of directors of Pretoria Portland Cement Company Limited (PPC) has announced the appointment of Mr. Tim Ross to the board of directors with effect from 17 July 2008.
Sabanci raises controlling stake in Akcansa to 39.7%
One of the leading Turkish conglomerates, Sabanci Holding, informed that it purchased Akcansa Cimento Sanayi shares with a nominal value of TRY 14.3
Shree Cement sees steady margins in FY09
India’s Shree Cement expects steady margins in FY09
Ultratech Cement Q1 net up two per cent
Aditya Birla Group company Ultra Tech Cement today announced a net profit of
Siam Cement to post 27% fall in 2Q net profit
Siam Cement PCL, Thailand’s largest industrial conglomerate, is expected to report a 27% fall in second quarter earnings from a year earlier when it had substantial one-time gains from asset sal
Kingdom to set up firm with SR20bn capital
Saudi Arabia will set up an investment firm, Sanabil Al-Saudia, as a joint stock company with a capital of SR20bn that will invest
Texas Industries Inc: outlook revised
Standard & Poor’s Ratings Services revised its outlook on cement producer Texas Industries Inc. (TXI) to stable from positive
Saudi Cement’s Q2 profit down on export ban
Saudi Cement Co , Saudi Arabia’s largest cement maker by market value, said second-quarter earnings fell 9.4 per cent on a government ban of exports and a rise in costs.
BPI analysts say investments in Brazil Positive for Cimpor
Portuguese cement producer Cimpor’s possible investments in Brazil for EUR158.5m (US$250.4m) would be favourable for the company’s stock, if confirmed
Saudi Yamamah Cement Q2 profit rises
Saudi Arabia’s Yamamah Cement Co said on Sunday second-quarter net profit rose 12.5 per cent on higher sales, beating all analysts’ forecasts.
Saudi Southern Cement Q2 profit up 19.5 per cent
Southern Province Cement Co , Saudi Arabia’s second-largest cement maker by market value, posted a 19.5 per cent rise
Holcim Executive Committee to be enlarged
Holcim Ltd said Hansueli Hee, member of the executive committee since 1998, will step down as of October 31, 2008 to retire
Pfister welcomes European dosing experts in Germany
More than 30 weighing and dosing experts of Europe’s most important cement manufacturers participated at “Pfister Dosing Days 2008” which were held in Augsburg/Germany.