Cement News tagged: Corporate
GBL Bought EUR104m worth of Lafarge shares June 20
Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR104m worth of shares in Lafarge
Holcim Indonesia’s new plant cost rise by 43 per cent
The construction of new cement plant of PT Holcim Indonesia Tbk in Tuban cost have increased by 25 per cent
Boral tipped to sell Adelaide Brighton stake
Building products group Boral Ltd is tipped to sell down its A$400m, 19.9% stake in cement maker Adelaide Brighton Ltd
Italcementi names Giovanni Maggiora new CFO
Italcementi SpA said Tuesday it has named Giovanni Maggiora as its new chief financial officer to replace Giorgio Bodo
National Bank of Egypt sells stake in local producer
State-owned National Bank of Egypt has sold its holdings in Misr Cement Qena
Qatar National Cement semi-annual primary financial results
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.
Sibirsky Cement RAS net profit soars to RUB1.64bn in 2007
The net profit of Russian holding Sibirsky Cement more than doubled to RUB1.642bn in 2007 from RUB739.090m in 2006
Pakistan cement companies booking losses
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.
July 1st still date for Titan cement hearing
The U.S. Army Corps of Engineers says it still holding the public comment hearing on Titan Cement on July 1st.
Ethiopian cement company, international lenders loan agreement
Derba Midroc Cement Plc and the international and domestic lenders singed loan agreements worth US$351m in Addis Ababa on Monday [23 June].
China’s Anhui Conch Cement says 26.47m A-shares will emerge from lockup June 30
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.
Shanshui Cement mulls HK$305m HK IPO
Shandong Shanshui Cement Group Ltd, partly-owned by the International Finance Corporation (IFC), a
Taiwan’s Asia Cement unit in China sees 2008 net profit up 66 per cent
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
Egypt’s South Valley Cement agrees capital raise
South Valley Cement, Egypt’s largest cement firm by market value, agreed at a general assembly meeting to raise its paid-up
China Shanshui Cement plans up to US$305m HK IPO
China’s second-largest clinker and cement producer, China Shanshui Cement Group Ltd, aims to raise up to US$305m
India Cements falls 1.8 per cent
India Cements fell for a second day on Monday. The share price decreased INR3 (or 1.8 per cent) to INR161.60.